Wong Engineering Bhd (XKLS:7050) Net Current Asset Value: RM-0.08 (As of Apr. 2026)


XKLS:7050 Wong Engineering Corp Bhd XKLS:7050
37 GF Score
Price RM0.17
GF Value RM0.30
Valuation Possible Value Trap
! 3 Warning Signs
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What is Wong Engineering Bhd Net Current Asset Value?

Wong Engineering Bhd XKLS:7050 37 Net Current Asset Value is RM-0.08 as of Apr. 2026. GuruFocus rates XKLS:7050 with a GF Score™ of 37/100 and a GF Value™ of RM0.30 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,215 Industrial Products companies, Wong Engineering Bhd ranks worse than 45146.68% 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).

Wong Engineering Bhd's net current asset value per share for the quarter that ended in Apr. 2026 was RM-0.08.

The historical rank and industry rank for Wong Engineering Bhd'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 Wong Engineering Bhd was 15.75. The lowest was 0.83. And the median was 1.16.

XKLS:7050's Price-to-Net-Current-Asset-Value is not ranked *
in the Industrial Products industry.
Industry Median: 5.31
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Wong Engineering Bhd  (XKLS:7050) 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.


Wong Engineering Bhd Net Current Asset Value Related Terms


Wong Engineering Bhd Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Wong Engineering Bhd'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.

Wong Engineering Bhd Net Current Asset Value Chart

Wong Engineering Bhd Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.09 0.02 -0.02 -0.09

Wong Engineering Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -0.05 -0.07 -0.09 -0.09 -0.08

XKLS:7050 vs CRS, ATI, MLI: Net Current Asset Value Comparison

For the Metal Fabrication subindustry, Wong Engineering Bhd'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.


Wong Engineering Bhd Price-to-Net-Current-Asset-Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wong Engineering Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Wong Engineering Bhd's Price-to-Net-Current-Asset-Value falls into.


XKLS:7050
37GF Score
Wong Engineering Corp Bhd XKLS:7050
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Wong Engineering Bhd Net Current Asset Value Calculation

Wong Engineering Bhd's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Oct. 2025 is calculated as

Net Current Asset Value Per Share(A: Oct. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(32.036-55.001-0.003-0)/249.952
=-0.09

Wong Engineering Bhd's Net Current Asset Value (NCAV) per share for the quarter that ended in Apr. 2026 is calculated as

Net Current Asset Value Per Share(Q: Apr. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(29.527-50.592-0.002-0)/249.952
=-0.08

* 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 RM-0.08 mean?
Wong Engineering Bhd (XKLS:7050) has a Net Current Asset Value of RM-0.08 as of Apr. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Wong Engineering Bhd and its competitors. Over the past decade, Wong Engineering Bhd's Net Current Asset Value has ranged from 0.83 to 15.75. According to the industry distribution chart, Wong Engineering Bhd ranks #999999 out of 2215 companies in the Industrial Products industry.
Is Wong Engineering Bhd's Net Current Asset Value too high?
Wong Engineering Bhd's current Net Current Asset Value is RM-0.08. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 15.75. Based on the distribution chart, Wong Engineering Bhd ranks #999999 out of 2215 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Wong Engineering Bhd has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wong Engineering Bhd's Net Current Asset Value compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Wong Engineering Bhd ranks #999999 out of 2215 companies for Net Current Asset Value. This places Wong Engineering Bhd in the lower half of its industry. The industry median Net Current Asset Value is 5.31. Historically, Wong Engineering Bhd's own Net Current Asset Value has ranged from 0.83 to 15.75 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.31, based on 2,215 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 Wong Engineering Bhd and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wong Engineering Bhd's current Net Current Asset Value is RM-0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wong Engineering Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wong Engineering Bhd (XKLS:7050) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.30, compared to a current price of RM0.17 — trading 45% below its estimated fair value. The current Net Current Asset Value is RM-0.08. Wong Engineering Bhd's overall GF Score™ is 37/100 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 Wong Engineering Bhd (XKLS:7050), the current Net Current Asset Value is RM-0.08 as of Apr. 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 Wong Engineering Bhd (XKLS:7050) Overvalued in 2026?

Based on GuruFocus' analysis, Wong Engineering Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 45% below its estimated GF Value™ of RM0.30. GuruFocus considers Wong Engineering Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7050:

  • Net Current Asset Value: RM-0.08
  • GF Value™: RM0.30 vs. price of RM0.17 (45% below fair value)
  • GF Score™: 37/100 with 3 warning signs

No single metric tells the full story. See the XKLS:7050 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wong Engineering Bhd Business Description

Address Lot 24, Jalan Hi-Tech 4, Phase 1, Kulim Hi-Tech Park, Kulim, KDH, MYS, 09000
Wong Engineering Corp Bhd is engaged in manufacturing of high precision stamped and turned metal parts and components, complex welded frame structure, related modules and systems as well as trading, marketing and retailing of industrial and consumer products. The segments of the company are, 1) Precision engineering which includes the design and manufacture of high-precision metal stamped parts and sheet metals. 2) Construction and property development includes the provision of general buildings construction and infrastructure work and the provision of property development and related business. 3) Others include Investment holding. The company derives maximum revenue from Precision and engineering Segment.
37GF Score

Get the complete analysis for XKLS:7050

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

RM0.17
Price
RM0.30
GF Value