WestBond EnterprisesWBNEF 55 Net Current Asset Value is $0.01 as of Dec. 2025, which is 100% below its 10-year median of 18.50. GuruFocus rates WBNEF with a GF Score™ of 55/100 and a GF Value™ of $0.12. The stock has 4 warning signs investors should review. Among 127 Forest Products companies, WestBond Enterprises ranks worse than 91.34% 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).
WestBond Enterprises's net current asset value per share for the quarter that ended in Dec. 2025 was $0.01.
The historical rank and industry rank for WestBond Enterprises's Net Current Asset Value or its related term are showing as below:
WBNEF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 15.2 Med: 18.5 Max: 22
Current: 15.2
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of WestBond Enterprises was 22.00. The lowest was 15.20. And the median was 18.50.
WBNEF's Price-to-Net-Current-Asset-Value is ranked worse than 91.34% of 127
companies
in the Forest Products industry
Industry Median: 3.21
vs WBNEF: 15.20
WestBond Enterprises (OTCPK:WBNEF) 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.
WestBond Enterprises Net Current Asset Value Related Terms
WestBond Enterprises Net Current Asset Value Historical Data
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The historical data trend for WestBond Enterprises'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.
WestBond Enterprises Net Current Asset Value Chart
For the Paper & Paper Products subindustry, WestBond Enterprises'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.
WestBond Enterprises Price-to-Net-Current-Asset-Value vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, WestBond Enterprises's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where WestBond Enterprises'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 $0.01 mean?
WestBond Enterprises (WBNEF) has a Net Current Asset Value of $0.01 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on WestBond Enterprises and its competitors. This is 100% below median its historical median of 18.50. Over the past decade, WestBond Enterprises' Net Current Asset Value has ranged from 15.20 to 22.00. According to the industry distribution chart, WestBond Enterprises ranks #116 out of 127 companies in the Forest Products industry, placing it in the top 91.3%.
Is WestBond Enterprises' Net Current Asset Value too high?
WestBond Enterprises' current Net Current Asset Value of $0.01 is 100% below median its 10-year median of 18.50. Over the past 10 years, this metric has ranged from a low of 15.20 to a high of 22.00. The Forest Products industry median Net Current Asset Value is 3.21. WestBond Enterprises' value of $0.01 is 99.7% below this industry median. Based on the distribution chart, WestBond Enterprises ranks #116 out of 127 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, WestBond Enterprises has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does WestBond Enterprises' Net Current Asset Value compare to SLVM?
According to the Forest Products industry distribution chart, WestBond Enterprises ranks #116 out of 127 companies for Net Current Asset Value. This places WestBond Enterprises in the lower half of its industry. The industry median Net Current Asset Value is 3.21. WestBond Enterprises' value of $0.01 is 99.7% below this benchmark. Historically, WestBond Enterprises' own Net Current Asset Value has ranged from 15.20 to 22.00 over the past decade. While the company's 10-year median is 18.50 vs. the industry median of 3.21, WestBond Enterprises 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 Forest Products company?
The median Net Current Asset Value among Forest Products companies is 3.21, based on 127 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. WestBond Enterprises's current Net Current Asset Value of $0.01 is 99.7% 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 WestBond Enterprises and its competitors. For the Forest Products industry, the median Net Current Asset Value is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WestBond Enterprises's current Net Current Asset Value is $0.01, which is 100% below median its own 10-year median of 18.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WestBond Enterprises stock overvalued right now?
WestBond Enterprises (WBNEF) has a current Net Current Asset Value of $0.01. The stock's GF Value™ is $0.12, compared to a current price of $0.15 — trading 26.7% above its estimated fair value. The current Net Current Asset Value is $0.01, which is 100% below median its 10-year median of 18.50 and 99.7% below the Forest Products industry median of 3.21. WestBond Enterprises' overall GF Score™ is 55/100 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 WestBond Enterprises (WBNEF), the current Net Current Asset Value is $0.01 as of Dec. 2025. 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 WestBond Enterprises (WBNEF) Overvalued in 2026?
Based on GuruFocus' analysis, WestBond Enterprises stock appears to be overvalued.
The current stock price of $0.15 is trading 26.7% above its estimated GF Value™ of $0.12.
Key valuation signals for WBNEF:
Net Current Asset Value: $0.01 (100% below median its 10-year median of 18.50)
GF Value™: $0.12 vs. price of $0.15 (26.7% above fair value)
Industry Position: 99.7% below the Forest Products median (#116 of 127)
No single metric tells the full story. See the WBNEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WestBond Enterprises Corp is mainly engaged in manufacturing and selling disposable paper products for medical, hygienic, and industrial uses. The company operates in a single segment of Disposable Paper Products. Its products are categorized under Personal hygiene, Clinical, Wipes, Non-Wipe air-laid, and Other products. The company's product pipeline includes examination table paper, and others.
55GF Score
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