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Wai Yuen Tong Medicine HoldingsHKSE:00897 38 Net Current Asset Value is HK$0.14 as of Mar. 2026, which is 100% below its 10-year median of 2.40. GuruFocus rates HKSE:00897 with a GF Score™ of 38/100 and a GF Value™ of HK$0.29 (Fairly Valued). The stock has 2 warning signs investors should review. Among 604 Drug Manufacturers companies, Wai Yuen Tong Medicine Holdings ranks better than 81.62% 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 Wai Yuen Tong Medicine Holdings's Net Current Asset Value or its related term are showing as below:
HKSE:00897'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.23 Med: 2.4 Max: 6
Current: 2.07
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Wai Yuen Tong Medicine Holdings was 6.00. The lowest was 0.23. And the median was 2.40.
HKSE:00897's Price-to-Net-Current-Asset-Value is ranked better than 81.62% of 604
companies
in the Drug Manufacturers industry
Industry Median: 5.915
vs HKSE:00897: 2.07
Wai Yuen Tong Medicine Holdings (HKSE:00897) 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.
Wai Yuen Tong Medicine Holdings Net Current Asset Value Related Terms
Wai Yuen Tong Medicine Holdings 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.
Wai Yuen Tong Medicine Holdings Net Current Asset Value Chart
HKSE:00897 vs ZTS: Net Current Asset Value Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Wai Yuen Tong Medicine Holdings'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.
Wai Yuen Tong Medicine Holdings Price-to-Net-Current-Asset-Value vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Wai Yuen Tong Medicine Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Wai Yuen Tong Medicine Holdings'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 HK$0.14 mean?
Wai Yuen Tong Medicine Holdings (HKSE:00897) has a Net Current Asset Value of HK$0.14 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Wai Yuen Tong Medicine Holdings and its competitors. This is 94% below median its historical median of 2.40. Over the past decade, Wai Yuen Tong Medicine Holdings' Net Current Asset Value has ranged from 0.23 to 6.00. According to the industry distribution chart, Wai Yuen Tong Medicine Holdings ranks #111 out of 604 companies in the Drug Manufacturers industry, placing it in the top 18.4%.
Is Wai Yuen Tong Medicine Holdings' Net Current Asset Value too high?
Wai Yuen Tong Medicine Holdings' current Net Current Asset Value of HK$0.14 is 94% below median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 6.00. Based on the distribution chart, Wai Yuen Tong Medicine Holdings ranks #111 out of 604 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Wai Yuen Tong Medicine Holdings has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wai Yuen Tong Medicine Holdings' Net Current Asset Value compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Wai Yuen Tong Medicine Holdings ranks #111 out of 604 companies for Net Current Asset Value. This places Wai Yuen Tong Medicine Holdings in the top 18% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.92. Historically, Wai Yuen Tong Medicine Holdings' own Net Current Asset Value has ranged from 0.23 to 6.00 over the past decade. 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 Drug Manufacturers company?
The median Net Current Asset Value among Drug Manufacturers companies is 5.92, based on 604 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. 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 Wai Yuen Tong Medicine Holdings and its competitors. For the Drug Manufacturers industry, the median Net Current Asset Value is 5.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wai Yuen Tong Medicine Holdings's current Net Current Asset Value is HK$0.14, which is 94% below median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wai Yuen Tong Medicine Holdings stock overvalued right now?
Based on GuruFocus' analysis, Wai Yuen Tong Medicine Holdings (HKSE:00897) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.29, compared to a current price of HK$0.29 — trading right at its estimated fair value. The current Net Current Asset Value is HK$0.14, which is 94% below median its 10-year median of 2.40. Wai Yuen Tong Medicine Holdings' overall GF Score™ is 38/100 with 2 warning signs 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 Wai Yuen Tong Medicine Holdings (HKSE:00897), the current Net Current Asset Value is HK$0.14 as of Mar. 2026. 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 Wai Yuen Tong Medicine Holdings (HKSE:00897) Overvalued in 2026?
Based on GuruFocus' analysis, Wai Yuen Tong Medicine Holdings stock appears to be undervalued.
The current stock price of HK$0.29 is trading 0% below its estimated GF Value™ of HK$0.29.
GuruFocus considers Wai Yuen Tong Medicine Holdings to be Fairly Valued.
Key valuation signals for HKSE:00897:
Net Current Asset Value: HK$0.14 (94% below median its 10-year median of 2.40)
GF Value™: HK$0.29 vs. price of HK$0.29 (0% below fair value)
No single metric tells the full story. See the HKSE:00897 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wai Yuen Tong Medicine Holdings Ltd is an investment holding company. The company's operating segment includes production and sale of Chinese pharmaceutical and health food products; production and sale of Western pharmaceutical and health food products and property investment and management and sale of properties. It generates maximum revenue from the production and sale of Chinese pharmaceutical and health food products which include manufacturing, processing, and sale of traditional Chinese medicine which includes Chinese medicinal products sold under the brand name Wai Yuen Tong. Geographically, it derives a majority of revenue from Mainland China.
38GF Score
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