QDMI (QDM International) Net Current Asset Value: $1.78 (As of Mar. 2026) — 96% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

QDMI QDM International Inc QDMI
57 GF Score
Price $5.00
GF Value $162.47
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is QDM International Net Current Asset Value?

QDM International QDMI 57 Net Current Asset Value is $1.78 as of Mar. 2026, which is 96% below its 10-year median of 50.30. GuruFocus rates QDMI with a GF Score™ of 57/100 and a GF Value™ of $162.47 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 26 Insurance companies, QDM International ranks better than 73.08% 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).

QDM International's net current asset value per share for the quarter that ended in Mar. 2026 was $1.78.

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

QDMI' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.81   Med: 50.3   Max: 151.02
Current: 2.81

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of QDM International was 151.02. The lowest was 2.81. And the median was 50.30.

QDMI's Price-to-Net-Current-Asset-Value is ranked better than
73.08% of 26 companies
in the Insurance industry
Industry Median: 6.405 vs QDMI: 2.81

QDM International  (OTCPK:QDMI) 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.


QDM International Net Current Asset Value Related Terms


QDM International Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for QDM International'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.

QDM International Net Current Asset Value Chart

QDM International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.29 0.20 0.36 1.00 1.78

QDM International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 1.00 1.26 1.13 1.19 1.78

QDMI vs EHTH, XHG, ZBAO: Net Current Asset Value Comparison

For the Insurance Brokers subindustry, QDM International'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.


QDM International Price-to-Net-Current-Asset-Value vs Insurance Industry

For the Insurance industry and Financial Services sector, QDM International's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where QDM International's Price-to-Net-Current-Asset-Value falls into.


QDMI
57GF Score
QDM International Inc QDMI
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

QDM International Net Current Asset Value Calculation

QDM International'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)
=(17.283-1.069-0-0.813)/8.636
=1.78

QDM International'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)
=(17.283-1.069-0-0.813)/8.636
=1.78

* 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 $1.78 mean?
QDM International (QDMI) has a Net Current Asset Value of $1.78 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 QDM International and its competitors. This is 96% below median its historical median of 50.30. Over the past decade, QDM International's Net Current Asset Value has ranged from 2.81 to 151.02. According to the industry distribution chart, QDM International ranks #7 out of 26 companies in the Insurance industry, placing it in the top 26.9%.
Is QDM International's Net Current Asset Value too high?
QDM International's current Net Current Asset Value of $1.78 is 96% below median its 10-year median of 50.30. Over the past 10 years, this metric has ranged from a low of 2.81 to a high of 151.02. The Insurance industry median Net Current Asset Value is 6.41. QDM International's value of $1.78 is 72.2% below this industry median. Based on the distribution chart, QDM International ranks #7 out of 26 companies in the Insurance industry, which is above the industry midpoint. Overall, QDM International has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does QDM International's Net Current Asset Value compare to EHTH and XHG?
According to the Insurance industry distribution chart, QDM International ranks #7 out of 26 companies for Net Current Asset Value. This puts QDM International in the upper half of its industry. The industry median Net Current Asset Value is 6.41. QDM International's value of $1.78 is 72.2% below this benchmark. Historically, QDM International's own Net Current Asset Value has ranged from 2.81 to 151.02 over the past decade. While the company's 10-year median is 50.30 vs. the industry median of 6.41, QDM International 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 an Insurance company?
The median Net Current Asset Value among Insurance companies is 6.41, based on 26 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. QDM International's current Net Current Asset Value of $1.78 is 72.2% 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 QDM International and its competitors. For the Insurance industry, the median Net Current Asset Value is 6.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QDM International's current Net Current Asset Value is $1.78, which is 96% below median its own 10-year median of 50.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QDM International stock overvalued right now?
Based on GuruFocus' analysis, QDM International (QDMI) is currently considered Possible Value Trap. The stock's GF Value™ is $162.47, compared to a current price of $5.00 — trading 96.9% below its estimated fair value. The current Net Current Asset Value is $1.78, which is 96% below median its 10-year median of 50.30 and 72.2% below the Insurance industry median of 6.41. QDM International's overall GF Score™ is 57/100 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 QDM International (QDMI), the current Net Current Asset Value is $1.78 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 QDM International (QDMI) Overvalued in 2026?

Based on GuruFocus' analysis, QDM International stock appears to be undervalued. The current stock price of $5.00 is trading 96.9% below its estimated GF Value™ of $162.47. GuruFocus considers QDM International to be Possible Value Trap.

Key valuation signals for QDMI:

  • Net Current Asset Value: $1.78 (96% below median its 10-year median of 50.30)
  • GF Value™: $162.47 vs. price of $5.00 (96.9% below fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 72.2% below the Insurance median (#7 of 26)

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


QDM International Business Description

Address 5 Canton Road, Room 1030B, 10th Floor, Ocean Centre, Harbour City, Tsim Sha Tsui, Hong Kong, HKG
QDM International Inc is a holding company. Along with its subsidiaries, it is engaged in the insurance brokerage business mainly in Hong Kong. The group sells a wide range of insurance products, consisting of two main categories: life and medical insurance, such as individual life insurance, and general insurance, such as automobile insurance, commercial property insurance, etc. In addition, as a Mandatory Provident Fund Intermediary, it also provides customers with assistance on account opening and related services under the MPF and the Occupational Retirement Schemes Ordinance (ORSO) schemes, both of which are mandatory retirement protection schemes set up for employees who are Hong Kong residents. The group generates a majority of its revenue from the insurance brokerage business.
57GF Score

Get the complete analysis for QDMI

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

$5.00
Price
$162.47
GF Value