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Haidilao International HoldingHDALF 88 Net Current Asset Value is $0.01 as of Dec. 2025, which is 100% below its 10-year median of 81.93. GuruFocus rates HDALF with a GF Score™ of 88/100 and a GF Value™ of $2.17 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 72 Restaurants companies, Haidilao International Holding ranks worse than 97.22% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
The historical rank and industry rank for Haidilao International Holding's Net Current Asset Value or its related term are showing as below:
HDALF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 33 Med: 81.93 Max: 202.86
Current: 143.64
During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Haidilao International Holding was 202.86. The lowest was 33.00. And the median was 81.93.
HDALF's Price-to-Net-Current-Asset-Value is ranked worse than 97.22% of 72
companies
in the Restaurants industry
Industry Median: 9.84
vs HDALF: 143.64
Haidilao International Holding (OTCPK:HDALF) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Haidilao International Holding Net Current Asset Value Related Terms
Haidilao International Holding Net Current Asset Value Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Haidilao International Holding Net Current Asset Value Chart
HDALF vs MCD, SBUX, YUM: Net Current Asset Value Comparison
For the Restaurants subindustry, Haidilao International Holding's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Haidilao International Holding Price-to-Net-Current-Asset-Value vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Haidilao International Holding's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Haidilao International Holding's Price-to-Net-Current-Asset-Value falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Net Current Asset Value of $0.01 mean?
Haidilao International Holding (HDALF) has a Net Current Asset Value of $0.01 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Haidilao International Holding and its competitors. This is 100% below median its historical median of 81.93. Over the past decade, Haidilao International Holding's Net Current Asset Value has ranged from 33.00 to 202.86. According to the industry distribution chart, Haidilao International Holding ranks #70 out of 72 companies in the Restaurants industry, placing it in the top 97.2%.
Is Haidilao International Holding's Net Current Asset Value too high?
Haidilao International Holding's current Net Current Asset Value of $0.01 is 100% below median its 10-year median of 81.93. Over the past 10 years, this metric has ranged from a low of 33.00 to a high of 202.86. The Restaurants industry median Net Current Asset Value is 9.84. Haidilao International Holding's value of $0.01 is 99.9% below this industry median. Based on the distribution chart, Haidilao International Holding ranks #70 out of 72 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Haidilao International Holding has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Haidilao International Holding's Net Current Asset Value compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Haidilao International Holding ranks #70 out of 72 companies for Net Current Asset Value. This places Haidilao International Holding in the lower half of its industry. The industry median Net Current Asset Value is 9.84. Haidilao International Holding's value of $0.01 is 99.9% below this benchmark. Historically, Haidilao International Holding's own Net Current Asset Value has ranged from 33.00 to 202.86 over the past decade. While the company's 10-year median is 81.93 vs. the industry median of 9.84, Haidilao International Holding has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Restaurants company?
The median Net Current Asset Value among Restaurants companies is 9.84, based on 72 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Haidilao International Holding's current Net Current Asset Value of $0.01 is 99.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Haidilao International Holding and its competitors. For the Restaurants industry, the median Net Current Asset Value is 9.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haidilao International Holding's current Net Current Asset Value is $0.01, which is 100% below median its own 10-year median of 81.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haidilao International Holding stock overvalued right now?
Based on GuruFocus' analysis, Haidilao International Holding (HDALF) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.17, compared to a current price of $1.44 — trading 33.8% below its estimated fair value. The current Net Current Asset Value is $0.01, which is 100% below median its 10-year median of 81.93 and 99.9% below the Restaurants industry median of 9.84. Haidilao International Holding's overall GF Score™ is 88/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Haidilao International Holding (HDALF), the current Net Current Asset Value is $0.01 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Haidilao International Holding (HDALF) Overvalued in 2026?
Based on GuruFocus' analysis, Haidilao International Holding stock appears to be undervalued.
The current stock price of $1.44 is trading 33.8% below its estimated GF Value™ of $2.17.
GuruFocus considers Haidilao International Holding to be Significantly Undervalued.
Key valuation signals for HDALF:
Net Current Asset Value: $0.01 (100% below median its 10-year median of 81.93)
GF Value™: $2.17 vs. price of $1.44 (33.8% below fair value)
Industry Position: 99.9% below the Restaurants median (#70 of 72)
No single metric tells the full story. See the HDALF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Haidilao International Holding Business Description
Haidilao, founded in Sichuan in 1998, is a prominent Chinese hot pot restaurant operator. Following the spinoff of its international unit Super Hi, Haidilao now focuses solely on managing restaurants in Greater China.By the end of 2024, the chain operated over 1,300 stores in Greater China, generating more than CNY 40 billion in systemwide sales, making it one of the largest restaurant operators in China. The majority of its restaurants are company-owned, with only a small fraction franchised.
88GF Score
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