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Wattana Karnpaet PCLBKK:NEW 85 Net-Net Working Capital is ฿2.27 as of Mar. 2026. GuruFocus rates BKK:NEW with a GF Score™ of 85/100 and a GF Value™ of ฿96.58 (Fairly Valued). The stock has 1 warning sign investors should review. Among 192 Healthcare Providers & Services companies, Wattana Karnpaet PCL ranks worse than 89.58% on this metric.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.
Wattana Karnpaet PCL's Net-Net Working Capital for the quarter that ended in Mar. 2026 was ฿2.27.
The industry rank for Wattana Karnpaet PCL's Net-Net Working Capital or its related term are showing as below:
BKK:NEW's Price-to-Net-Net-Working-Capital is ranked worse than 89.58% of 192
companies
in the Healthcare Providers & Services industry
Industry Median: 7.5
vs BKK:NEW: 41.85
Wattana Karnpaet PCL (BKK:NEW) Net-Net Working Capital Explanation
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 value. They are collected under our Net-Net screener.
Wattana Karnpaet PCL Net-Net Working Capital Related Terms
Wattana Karnpaet PCL Net-Net Working Capital Historical Data
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The historical data trend for Wattana Karnpaet PCL's Net-Net Working Capital 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.
Wattana Karnpaet PCL Net-Net Working Capital Chart
BKK:NEW vs HCA, THC, DVA: Net-Net Working Capital Comparison
For the Medical Care Facilities subindustry, Wattana Karnpaet PCL's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.
Wattana Karnpaet PCL Price-to-Net-Net-Working-Capital vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Wattana Karnpaet PCL's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Wattana Karnpaet PCL's Price-to-Net-Net-Working-Capital 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.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.
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.
This is a conservative way of estimating the company's value.
What does a Net-Net Working Capital of ฿2.27 mean?
Wattana Karnpaet PCL (BKK:NEW) has a Net-Net Working Capital of ฿2.27 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Wattana Karnpaet PCL According to the industry distribution chart, Wattana Karnpaet PCL ranks #172 out of 192 companies in the Healthcare Providers & Services industry, placing it in the top 89.6%.
Is Wattana Karnpaet PCL's Net-Net Working Capital too high?
Wattana Karnpaet PCL's current Net-Net Working Capital is ฿2.27. Based on the distribution chart, Wattana Karnpaet PCL ranks #172 out of 192 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Wattana Karnpaet PCL has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wattana Karnpaet PCL's Net-Net Working Capital compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Wattana Karnpaet PCL ranks #172 out of 192 companies for Net-Net Working Capital. This places Wattana Karnpaet PCL in the lower half of its industry. The industry median Net-Net Working Capital is 7.50. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Healthcare Providers & Services company?
The median Net-Net Working Capital among Healthcare Providers & Services companies is 7.50, based on 192 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital 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-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Wattana Karnpaet PCL For the Healthcare Providers & Services industry, the median Net-Net Working Capital is 7.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wattana Karnpaet PCL's current Net-Net Working Capital is ฿2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wattana Karnpaet PCL stock overvalued right now?
Based on GuruFocus' analysis, Wattana Karnpaet PCL (BKK:NEW) is currently considered Fairly Valued. The stock's GF Value™ is ฿96.58, compared to a current price of ฿95.00 — trading 1.6% below its estimated fair value. The current Net-Net Working Capital is ฿2.27. Wattana Karnpaet PCL's overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Wattana Karnpaet PCL (BKK:NEW), the current Net-Net Working Capital is ฿2.27 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 Wattana Karnpaet PCL (BKK:NEW) Overvalued in 2026?
Based on GuruFocus' analysis, Wattana Karnpaet PCL stock appears to be undervalued.
The current stock price of ฿95.00 is trading 1.6% below its estimated GF Value™ of ฿96.58.
GuruFocus considers Wattana Karnpaet PCL to be Fairly Valued.
Key valuation signals for BKK:NEW:
Net-Net Working Capital: ฿2.27
GF Value™: ฿96.58 vs. price of ฿95.00 (1.6% below fair value)
No single metric tells the full story. See the BKK:NEW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wattana Karnpaet PCL is engaged in the operation of a hospital under the name North Eastern Wattana Hospital. It has a single segment of operation, namely the hospital and medical trading business. The company earns revenue from hospital, revenue from sales of medicines, and revenue from hospital rooms, which are derived from the provision of services to various types and a large number of customers. Geographically, the company's operations are carried out in Thailand.
85GF Score
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