Wesdome Gold MinesWDOFF +6.44%96 Net Current Asset Value is $1.31 as of Mar. 2026, which is 97% below its 10-year median of 44.50. GuruFocus rates WDOFF with a GF Score™ of 96/100 and a GF Value™ of $20.71 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,333 Metals & Mining companies, Wesdome Gold Mines ranks worse than 77.04% 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).
Wesdome Gold Mines's net current asset value per share for the quarter that ended in Mar. 2026 was $1.31.
The historical rank and industry rank for Wesdome Gold Mines's Net Current Asset Value or its related term are showing as below:
WDOFF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 13.8 Med: 44.5 Max: 215.17
Current: 15.64
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Wesdome Gold Mines was 215.17. The lowest was 13.80. And the median was 44.50.
WDOFF's Price-to-Net-Current-Asset-Value is ranked worse than 77.04% of 1333
companies
in the Metals & Mining industry
Industry Median: 6.83
vs WDOFF: 15.64
Wesdome Gold Mines (OTCPK:WDOFF) 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.
Wesdome Gold Mines Net Current Asset Value Related Terms
Wesdome Gold Mines Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Wesdome Gold Mines'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.
WDOFF vs NEM, AU: Net Current Asset Value Comparison
For the Gold subindustry, Wesdome Gold Mines'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.
Wesdome Gold Mines Price-to-Net-Current-Asset-Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Wesdome Gold Mines's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Wesdome Gold Mines'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 $1.31 mean?
Wesdome Gold Mines (WDOFF) has a Net Current Asset Value of $1.31 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 Wesdome Gold Mines and its competitors. This is 97% below median its historical median of 44.50. Over the past decade, Wesdome Gold Mines' Net Current Asset Value has ranged from 13.80 to 215.17. According to the industry distribution chart, Wesdome Gold Mines ranks #1027 out of 1333 companies in the Metals & Mining industry, placing it in the top 77%.
Is Wesdome Gold Mines' Net Current Asset Value too high?
Wesdome Gold Mines' current Net Current Asset Value of $1.31 is 97% below median its 10-year median of 44.50. Over the past 10 years, this metric has ranged from a low of 13.80 to a high of 215.17. The Metals & Mining industry median Net Current Asset Value is 6.83. Wesdome Gold Mines' value of $1.31 is 80.8% below this industry median. Based on the distribution chart, Wesdome Gold Mines ranks #1027 out of 1333 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Wesdome Gold Mines has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wesdome Gold Mines' Net Current Asset Value compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wesdome Gold Mines ranks #1027 out of 1333 companies for Net Current Asset Value. This places Wesdome Gold Mines in the lower half of its industry. The industry median Net Current Asset Value is 6.83. Wesdome Gold Mines' value of $1.31 is 80.8% below this benchmark. Historically, Wesdome Gold Mines' own Net Current Asset Value has ranged from 13.80 to 215.17 over the past decade. While the company's 10-year median is 44.50 vs. the industry median of 6.83, Wesdome Gold Mines 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 Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 6.83, based on 1,333 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. Wesdome Gold Mines's current Net Current Asset Value of $1.31 is 80.8% 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 Wesdome Gold Mines and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wesdome Gold Mines's current Net Current Asset Value is $1.31, which is 97% below median its own 10-year median of 44.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wesdome Gold Mines stock overvalued right now?
Based on GuruFocus' analysis, Wesdome Gold Mines (WDOFF) is currently considered Modestly Undervalued. The stock's GF Value™ is $20.71, compared to a current price of $18.46 — trading 10.9% below its estimated fair value. The current Net Current Asset Value is $1.31, which is 97% below median its 10-year median of 44.50 and 80.8% below the Metals & Mining industry median of 6.83. Wesdome Gold Mines' overall GF Score™ is 96/100 with 3 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 Wesdome Gold Mines (WDOFF), the current Net Current Asset Value is $1.31 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 Wesdome Gold Mines (WDOFF) Overvalued in 2026?
Based on GuruFocus' analysis, Wesdome Gold Mines stock appears to be undervalued.
The current stock price of $18.46 is trading 10.9% below its estimated GF Value™ of $20.71.
GuruFocus considers Wesdome Gold Mines to be Modestly Undervalued.
Key valuation signals for WDOFF:
Net Current Asset Value: $1.31 (97% below median its 10-year median of 44.50)
GF Value™: $20.71 vs. price of $18.46 (10.9% below fair value)
Industry Position: 80.8% below the Metals & Mining median (#1027 of 1333)
No single metric tells the full story. See the WDOFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground, Kiena Complex, and Mishi Open Pit gold mines. The activities of the group function through Canada and it derives revenue from the sale of gold and silver bullion. The company operates in one segment which is the gold mining and related activities industry including exploration, extraction, processing and decommissioning.
96GF Score
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