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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
King International InvestmentHKSE:00928 +2.00%33 Net Current Asset Value is HK$0.13 as of Mar. 2026, which is 100% below its 10-year median of 0.88. GuruFocus rates HKSE:00928 with a GF Score™ of 33/100 and a GF Value™ of HK$0.04 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 95 Medical Diagnostics & Research companies, King International Investment ranks better than 93.68% 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).
King International Investment's net current asset value per share for the quarter that ended in Mar. 2026 was HK$0.13.
The historical rank and industry rank for King International Investment's Net Current Asset Value or its related term are showing as below:
HKSE:00928'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.24 Med: 0.88 Max: 4.41
Current: 0.78
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of King International Investment was 4.41. The lowest was 0.24. And the median was 0.88.
HKSE:00928's Price-to-Net-Current-Asset-Value is ranked better than 93.68% of 95
companies
in the Medical Diagnostics & Research industry
Industry Median: 4.27
vs HKSE:00928: 0.78
King International Investment (HKSE:00928) 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.
King International Investment Net Current Asset Value Related Terms
King International Investment 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.
King International Investment Net Current Asset Value Chart
HKSE:00928 vs TMO, DHR, IDXX: Net Current Asset Value Comparison
For the Diagnostics & Research subindustry, King International Investment'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.
King International Investment Price-to-Net-Current-Asset-Value vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, King International Investment's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where King International Investment'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$0.13 mean?
King International Investment (HKSE:00928) has a Net Current Asset Value of HK$0.13 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 King International Investment and its competitors. This is 85% below median its historical median of 0.88. Over the past decade, King International Investment's Net Current Asset Value has ranged from 0.24 to 4.41. According to the industry distribution chart, King International Investment ranks #6 out of 95 companies in the Medical Diagnostics & Research industry, placing it in the top 6.3%.
Is King International Investment's Net Current Asset Value too high?
King International Investment's current Net Current Asset Value of HK$0.13 is 85% below median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 4.41. Based on the distribution chart, King International Investment ranks #6 out of 95 companies in the Medical Diagnostics & Research industry, which is in the top quartile — a strong position relative to peers. Overall, King International Investment has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does King International Investment's Net Current Asset Value compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, King International Investment ranks #6 out of 95 companies for Net Current Asset Value. This places King International Investment in the top 6% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.27. Historically, King International Investment's own Net Current Asset Value has ranged from 0.24 to 4.41 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 Medical Diagnostics & Research company?
The median Net Current Asset Value among Medical Diagnostics & Research companies is 4.27, based on 95 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 King International Investment and its competitors. For the Medical Diagnostics & Research industry, the median Net Current Asset Value is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King International Investment's current Net Current Asset Value is HK$0.13, which is 85% below median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King International Investment stock overvalued right now?
Based on GuruFocus' analysis, King International Investment (HKSE:00928) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.10 — trading 155% above its estimated fair value. The current Net Current Asset Value is HK$0.13, which is 85% below median its 10-year median of 0.88. King International Investment's overall GF Score™ is 33/100 with 5 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 King International Investment (HKSE:00928), the current Net Current Asset Value is HK$0.13 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 King International Investment (HKSE:00928) Overvalued in 2026?
Based on GuruFocus' analysis, King International Investment stock appears to be overvalued.
The current stock price of HK$0.10 is trading 155% above its estimated GF Value™ of HK$0.04.
GuruFocus considers King International Investment to be Significantly Overvalued.
Key valuation signals for HKSE:00928:
Net Current Asset Value: HK$0.13 (85% below median its 10-year median of 0.88)
GF Value™: HK$0.04 vs. price of HK$0.10 (155% above fair value)
No single metric tells the full story. See the HKSE:00928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
King International Investment Ltd is an investment holding company. Its operating segments include healthcare products and services, money lending, and liquor sales, with the majority of revenue generated from the liquor sales segment. The group provides genetic testing and develops domestic healthcare equipment services. Leveraging its strengths, the group integrates health data analysis software with healthcare equipment to offer new healthcare services and products. Geographically, it derives the majority of its revenue from the PRC.
33GF Score
Get the complete analysis for HKSE:00928
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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