MAWHF (Man Wah Holdings) Net Current Asset Value: $0.02 (As of Mar. 2026) — 100% Below Median


MAWHF Man Wah Holdings Ltd MAWHF
56 GF Score
Price $0.55
GF Value $0.86
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Man Wah Holdings Net Current Asset Value?

Man Wah Holdings MAWHF 56 Net Current Asset Value is $0.02 as of Mar. 2026, which is 100% below its 10-year median of 31.38. GuruFocus rates MAWHF with a GF Score™ of 56/100 and a GF Value™ of $0.86 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 285 Furnishings, Fixtures & Appliances companies, Man Wah Holdings ranks worse than 87.72% 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).

Man Wah Holdings's net current asset value per share for the quarter that ended in Mar. 2026 was $0.02.

The historical rank and industry rank for Man Wah Holdings's Net Current Asset Value or its related term are showing as below:

MAWHF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 17.27   Med: 31.38   Max: 80.88
Current: 18.36

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Man Wah Holdings was 80.88. The lowest was 17.27. And the median was 31.38.

MAWHF's Price-to-Net-Current-Asset-Value is ranked worse than
87.72% of 285 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.65 vs MAWHF: 18.36

Man Wah Holdings  (OTCPK:MAWHF) 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 Graham’s 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.


Man Wah Holdings Net Current Asset Value Related Terms


Man Wah Holdings Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Man Wah Holdings'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.

Man Wah Holdings Net Current Asset Value Chart

Man Wah Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.01 0.03 0.02

Man Wah Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.02 0.03 0.05 0.02

MAWHF vs SN, SGI, MHK: Net Current Asset Value Comparison

For the Furnishings, Fixtures & Appliances subindustry, Man Wah 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.


Man Wah Holdings Price-to-Net-Current-Asset-Value vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Man Wah Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Man Wah Holdings's Price-to-Net-Current-Asset-Value falls into.


MAWHF
56GF Score
Man Wah Holdings Ltd MAWHF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Man Wah Holdings Net Current Asset Value Calculation

Man Wah Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1129.613-920.479-130.02-0)/3878.083
=0.02

Man Wah Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1129.613-920.479-130.02-0)/3878.083
=0.02

* 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 $0.02 mean?
Man Wah Holdings (MAWHF) has a Net Current Asset Value of $0.02 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 Man Wah Holdings and its competitors. This is 100% below median its historical median of 31.38. Over the past decade, Man Wah Holdings' Net Current Asset Value has ranged from 17.27 to 80.88. According to the industry distribution chart, Man Wah Holdings ranks #250 out of 285 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 87.7%.
Is Man Wah Holdings' Net Current Asset Value too high?
Man Wah Holdings' current Net Current Asset Value of $0.02 is 100% below median its 10-year median of 31.38. Over the past 10 years, this metric has ranged from a low of 17.27 to a high of 80.88. The Furnishings, Fixtures & Appliances industry median Net Current Asset Value is 3.65. Man Wah Holdings' value of $0.02 is 99.5% below this industry median. Based on the distribution chart, Man Wah Holdings ranks #250 out of 285 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Man Wah Holdings has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Man Wah Holdings' Net Current Asset Value compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Man Wah Holdings ranks #250 out of 285 companies for Net Current Asset Value. This places Man Wah Holdings in the lower half of its industry. The industry median Net Current Asset Value is 3.65. Man Wah Holdings' value of $0.02 is 99.5% below this benchmark. Historically, Man Wah Holdings' own Net Current Asset Value has ranged from 17.27 to 80.88 over the past decade. While the company's 10-year median is 31.38 vs. the industry median of 3.65, Man Wah Holdings 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 Furnishings, Fixtures & Appliances company?
The median Net Current Asset Value among Furnishings, Fixtures & Appliances companies is 3.65, based on 285 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. Man Wah Holdings's current Net Current Asset Value of $0.02 is 99.5% 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 Man Wah Holdings and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Net Current Asset Value is 3.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Wah Holdings's current Net Current Asset Value is $0.02, which is 100% below median its own 10-year median of 31.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Wah Holdings stock overvalued right now?
Based on GuruFocus' analysis, Man Wah Holdings (MAWHF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.86, compared to a current price of $0.55 — trading 36% below its estimated fair value. The current Net Current Asset Value is $0.02, which is 100% below median its 10-year median of 31.38 and 99.5% below the Furnishings, Fixtures & Appliances industry median of 3.65. Man Wah Holdings' overall GF Score™ is 56/100 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 Man Wah Holdings (MAWHF), the current Net Current Asset Value is $0.02 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 Man Wah Holdings (MAWHF) Overvalued in 2026?

Based on GuruFocus' analysis, Man Wah Holdings stock appears to be undervalued. The current stock price of $0.55 is trading 36% below its estimated GF Value™ of $0.86. GuruFocus considers Man Wah Holdings to be Significantly Undervalued.

Key valuation signals for MAWHF:

  • Net Current Asset Value: $0.02 (100% below median its 10-year median of 31.38)
  • GF Value™: $0.86 vs. price of $0.55 (36% below fair value)
  • GF Score™: 56/100 with 2 warning signs
  • Industry Position: 99.5% below the Furnishings, Fixtures & Appliances median (#250 of 285)

No single metric tells the full story. See the MAWHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Man Wah Holdings Business Description

Address 10-14 Kwei Tei Street, 1st Floor, Wah Lai Industrial Center, New Territories, Fotan, Hong Kong, HKG
Man Wah Holdings Ltd is an investment holding company. The company's segment includes Sofas and ancillary products; Bedding and ancillary products; Other products; Other business and Home Group business. It generates maximum revenue from the Sofas and ancillary products segment. Sofas and ancillary products segment manufacture and distribution of sofas and ancillary products through wholesale and distributors other than those by Home Group Ltd and its subsidiaries. Geographically, it derives a majority of its revenue from PRC (including Hong Kong and Macau) and also ahs its presence in North America, Europe and others.
56GF Score

Get the complete analysis for MAWHF

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.55
Price
$0.86
GF Value