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Wellhope Foods CoSHSE:603609 -0.32%57 Net Current Asset Value is ¥-4.97 as of Mar. 2026. GuruFocus rates SHSE:603609 with a GF Score™ of 57/100 and a GF Value™ of ¥8.88 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,051 Consumer Packaged Goods companies, Wellhope Foods Co ranks worse than 95147.38% 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).
Wellhope Foods Co's net current asset value per share for the quarter that ended in Mar. 2026 was ¥-4.97.
The historical rank and industry rank for Wellhope Foods Co's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Wellhope Foods Co was 111.75. The lowest was 19.01. And the median was 29.63.
SHSE:603609's Price-to-Net-Current-Asset-Value is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 4.18 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Wellhope Foods Co (SHSE:603609) 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.
Wellhope Foods Co Net Current Asset Value Related Terms
Wellhope Foods Co Net Current Asset Value Historical Data
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The historical data trend for Wellhope Foods Co'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.
SHSE:603609 vs ADM, BG, TSN: Net Current Asset Value Comparison
For the Farm Products subindustry, Wellhope Foods Co'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.
Wellhope Foods Co Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Wellhope Foods Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Wellhope Foods Co'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 ¥-4.97 mean?
Wellhope Foods Co (SHSE:603609) has a Net Current Asset Value of ¥-4.97 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 Wellhope Foods Co and its competitors. Over the past decade, Wellhope Foods Co's Net Current Asset Value has ranged from 19.01 to 111.75. According to the industry distribution chart, Wellhope Foods Co ranks #999999 out of 1051 companies in the Consumer Packaged Goods industry.
Is Wellhope Foods Co's Net Current Asset Value too high?
Wellhope Foods Co's current Net Current Asset Value is ¥-4.97. Over the past 10 years, this metric has ranged from a low of 19.01 to a high of 111.75. Based on the distribution chart, Wellhope Foods Co ranks #999999 out of 1051 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Wellhope Foods Co has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wellhope Foods Co's Net Current Asset Value compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Wellhope Foods Co ranks #999999 out of 1051 companies for Net Current Asset Value. This places Wellhope Foods Co in the lower half of its industry. The industry median Net Current Asset Value is 4.18. Historically, Wellhope Foods Co's own Net Current Asset Value has ranged from 19.01 to 111.75 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 Consumer Packaged Goods company?
The median Net Current Asset Value among Consumer Packaged Goods companies is 4.18, based on 1,051 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 Wellhope Foods Co and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wellhope Foods Co's current Net Current Asset Value is ¥-4.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wellhope Foods Co stock overvalued right now?
Based on GuruFocus' analysis, Wellhope Foods Co (SHSE:603609) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥8.88, compared to a current price of ¥6.19 — trading 30.3% below its estimated fair value. The current Net Current Asset Value is ¥-4.97. Wellhope Foods Co's overall GF Score™ is 57/100 with 4 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 Wellhope Foods Co (SHSE:603609), the current Net Current Asset Value is ¥-4.97 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 Wellhope Foods Co (SHSE:603609) Overvalued in 2026?
Based on GuruFocus' analysis, Wellhope Foods Co stock appears to be undervalued.
The current stock price of ¥6.19 is trading 30.3% below its estimated GF Value™ of ¥8.88.
GuruFocus considers Wellhope Foods Co to be Significantly Undervalued.
Key valuation signals for SHSE:603609:
Net Current Asset Value: ¥-4.97
GF Value™: ¥8.88 vs. price of ¥6.19 (30.3% below fair value)
No single metric tells the full story. See the SHSE:603609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wellhope Foods Co Ltd is an animal husbandry company. The company's primary businesses include animal feed, feed raw materials trade, broiler integration, and swine trading. It is also involved in veterinary drugs, farming equipment manufacturing, pet clinic, etc. The company generates maximum revenue from feed products followed by broiler integration and raw materials trade. Its feed product line includes premix feed, concentrated feed, and compound feed.
57GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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