Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
We Buy Cars HoldingJSE:WBC -1.74%18 Net Current Asset Value is R2.11 as of Mar. 2026, which is 100% below its 10-year median of 18.51. GuruFocus rates JSE:WBC with a GF Score™ of 18/100. Among 707 Vehicles & Parts companies, We Buy Cars Holding ranks worse than 80.2% 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).
We Buy Cars Holding's net current asset value per share for the quarter that ended in Mar. 2026 was R2.11.
The historical rank and industry rank for We Buy Cars Holding's Net Current Asset Value or its related term are showing as below:
JSE:WBC'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 13.12 Med: 18.51 Max: 22.15
Current: 15.51
During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of We Buy Cars Holding was 22.15. The lowest was 13.12. And the median was 18.51.
JSE:WBC's Price-to-Net-Current-Asset-Value is ranked worse than 80.2% of 707
companies
in the Vehicles & Parts industry
Industry Median: 4.72
vs JSE:WBC: 15.51
We Buy Cars Holding (JSE:WBC) 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.
We Buy Cars Holding Net Current Asset Value Related Terms
We Buy Cars Holding Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for We Buy Cars Holding's Net Current Asset Value can be seen below:
* 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.
JSE:WBC vs CVNA, PAG, ALTB: Net Current Asset Value Comparison
For the Auto & Truck Dealerships subindustry, We Buy Cars 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.
We Buy Cars Holding Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, We Buy Cars Holding's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where We Buy Cars 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 R2.11 mean?
We Buy Cars Holding (JSE:WBC) has a Net Current Asset Value of R2.11 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 We Buy Cars Holding and its competitors. This is 89% below median its historical median of 18.51. Over the past decade, We Buy Cars Holding's Net Current Asset Value has ranged from 13.12 to 22.15. According to the industry distribution chart, We Buy Cars Holding ranks #567 out of 707 companies in the Vehicles & Parts industry, placing it in the top 80.2%.
Is We Buy Cars Holding's Net Current Asset Value too high?
We Buy Cars Holding's current Net Current Asset Value of R2.11 is 89% below median its 10-year median of 18.51. Over the past 10 years, this metric has ranged from a low of 13.12 to a high of 22.15. Based on the distribution chart, We Buy Cars Holding ranks #567 out of 707 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, We Buy Cars Holding has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does We Buy Cars Holding's Net Current Asset Value compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, We Buy Cars Holding ranks #567 out of 707 companies for Net Current Asset Value. This places We Buy Cars Holding in the lower half of its industry. The industry median Net Current Asset Value is 4.72. Historically, We Buy Cars Holding's own Net Current Asset Value has ranged from 13.12 to 22.15 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 Vehicles & Parts company?
The median Net Current Asset Value among Vehicles & Parts companies is 4.72, based on 707 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 We Buy Cars Holding and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 4.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. We Buy Cars Holding's current Net Current Asset Value is R2.11, which is 89% below median its own 10-year median of 18.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is We Buy Cars Holding stock overvalued right now?
We Buy Cars Holding (JSE:WBC) has a current Net Current Asset Value of R2.11. The current Net Current Asset Value is R2.11, which is 89% below median its 10-year median of 18.51. We Buy Cars Holding's overall GF Score™ is 18/100. 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 We Buy Cars Holding (JSE:WBC), the current Net Current Asset Value is R2.11 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.
We Buy Cars Holding Ltd is an automotive retailer focused on buying, reconditioning, and retail sales through both physical supermarkets and its digital platforms. The company's two reportable segments are: i) Buyer, distributor and retailer of pre-owned motor vehicles with the attendant sale of finance and insurance products and other ancillary products. ii) Property rental: Rental of warehouses to group companies. The majority of the company's revenue is derived from the Buyer, distributor and retailer of pre-owned motor vehicles segment.
18GF Score
Get the complete analysis for JSE:WBC
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:WBC has been successfully added to your 
