Wang- Zheng BhdXKLS:7203 50 Net Current Asset Value is RM0.86 as of Mar. 2026, which is 100% below its 10-year median of 0.88. GuruFocus rates XKLS:7203 with a GF Score™ of 50/100 and a GF Value™ of RM0.57 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 127 Forest Products companies, Wang- Zheng Bhd ranks better than 95.28% 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).
Wang- Zheng Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM0.86.
The historical rank and industry rank for Wang- Zheng Bhd's Net Current Asset Value or its related term are showing as below:
XKLS:7203'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.45 Med: 0.88 Max: 2.12
Current: 0.47
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Wang- Zheng Bhd was 2.12. The lowest was 0.45. And the median was 0.88.
XKLS:7203's Price-to-Net-Current-Asset-Value is ranked better than 95.28% of 127
companies
in the Forest Products industry
Industry Median: 3.21
vs XKLS:7203: 0.47
Wang- Zheng Bhd (XKLS:7203) 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.
Wang- Zheng Bhd Net Current Asset Value Related Terms
Wang- Zheng Bhd Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Wang- Zheng 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.
XKLS:7203 vs SLVM: Net Current Asset Value Comparison
For the Paper & Paper Products subindustry, Wang- Zheng 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.
Wang- Zheng Bhd Price-to-Net-Current-Asset-Value vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Wang- Zheng Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Wang- Zheng Bhd'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 RM0.86 mean?
Wang- Zheng Bhd (XKLS:7203) has a Net Current Asset Value of RM0.86 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 Wang- Zheng Bhd and its competitors. This is near median its historical median of 0.88. Over the past decade, Wang- Zheng Bhd's Net Current Asset Value has ranged from 0.45 to 2.12. According to the industry distribution chart, Wang- Zheng Bhd ranks #6 out of 127 companies in the Forest Products industry, placing it in the top 4.7%.
Is Wang- Zheng Bhd's Net Current Asset Value too high?
Wang- Zheng Bhd's current Net Current Asset Value of RM0.86 is near median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 2.12. Based on the distribution chart, Wang- Zheng Bhd ranks #6 out of 127 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Wang- Zheng Bhd has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wang- Zheng Bhd's Net Current Asset Value compare to SLVM?
According to the Forest Products industry distribution chart, Wang- Zheng Bhd ranks #6 out of 127 companies for Net Current Asset Value. This places Wang- Zheng Bhd in the top 5% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.21. Historically, Wang- Zheng Bhd's own Net Current Asset Value has ranged from 0.45 to 2.12 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 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. 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 Wang- Zheng Bhd 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. Wang- Zheng Bhd's current Net Current Asset Value is RM0.86, which is near median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wang- Zheng Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wang- Zheng Bhd (XKLS:7203) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.57, compared to a current price of RM0.40 — trading 29.8% below its estimated fair value. The current Net Current Asset Value is RM0.86, which is near median its 10-year median of 0.88. Wang- Zheng Bhd's overall GF Score™ is 50/100 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 Wang- Zheng Bhd (XKLS:7203), the current Net Current Asset Value is RM0.86 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 Wang- Zheng Bhd (XKLS:7203) Overvalued in 2026?
Based on GuruFocus' analysis, Wang- Zheng Bhd stock appears to be undervalued.
The current stock price of RM0.40 is trading 29.8% below its estimated GF Value™ of RM0.57.
GuruFocus considers Wang- Zheng Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:7203:
Net Current Asset Value: RM0.86 (near median its 10-year median of 0.88)
GF Value™: RM0.57 vs. price of RM0.40 (29.8% below fair value)
No single metric tells the full story. See the XKLS:7203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wang- Zheng Bhd is an investment holding company. Through its subsidiaries, the company is involved in the manufacturing and processing of fiber-based products, which include disposable adult and baby diapers, sanitary protection and tissue products, cotton products, and processed papers. It has three segments, Processed Paper Products segment; which comprises of processed and distributed papers including wood-free paper and art paper; Disposable Fibre-Based products segment, which comprises of manufacture and distribution of a wide range of disposable adult and baby diapers, sanitary protection, tissue products, and cotton products; and Investment holding and others; which engages in investment holding and others. Key revenue is generated from Processed papers products segment.
50GF Score
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