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Eco RecyclingBOM:530643 +1.98%85 Net Current Asset Value is ₹24.70 as of Mar. 2026, which is 100% below its 10-year median of 62.92. GuruFocus rates BOM:530643 with a GF Score™ of 85/100 and a GF Value™ of ₹747.01 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 95 Waste Management companies, Eco Recycling ranks worse than 92.63% 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).
Eco Recycling's net current asset value per share for the quarter that ended in Mar. 2026 was ₹24.70.
The historical rank and industry rank for Eco Recycling's Net Current Asset Value or its related term are showing as below:
BOM:530643'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 11.04 Med: 62.92 Max: 82.87
Current: 20.24
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Eco Recycling was 82.87. The lowest was 11.04. And the median was 62.92.
BOM:530643's Price-to-Net-Current-Asset-Value is ranked worse than 92.63% of 95
companies
in the Waste Management industry
Industry Median: 4.11
vs BOM:530643: 20.24
Eco Recycling (BOM:530643) 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.
Eco Recycling Net Current Asset Value Related Terms
Eco Recycling Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Eco Recycling'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.
BOM:530643 vs WM, RSG, WCN: Net Current Asset Value Comparison
For the Waste Management subindustry, Eco Recycling'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.
Eco Recycling Price-to-Net-Current-Asset-Value vs Waste Management Industry
For the Waste Management industry and Industrials sector, Eco Recycling's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Eco Recycling'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 ₹24.70 mean?
Eco Recycling (BOM:530643) has a Net Current Asset Value of ₹24.70 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 Eco Recycling and its competitors. This is 61% below median its historical median of 62.92. Over the past decade, Eco Recycling's Net Current Asset Value has ranged from 11.04 to 82.87. According to the industry distribution chart, Eco Recycling ranks #88 out of 95 companies in the Waste Management industry, placing it in the top 92.6%.
Is Eco Recycling's Net Current Asset Value too high?
Eco Recycling's current Net Current Asset Value of ₹24.70 is 61% below median its 10-year median of 62.92. Over the past 10 years, this metric has ranged from a low of 11.04 to a high of 82.87. Based on the distribution chart, Eco Recycling ranks #88 out of 95 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Eco Recycling has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eco Recycling's Net Current Asset Value compare to WM and RSG?
According to the Waste Management industry distribution chart, Eco Recycling ranks #88 out of 95 companies for Net Current Asset Value. This places Eco Recycling in the lower half of its industry. The industry median Net Current Asset Value is 4.11. Historically, Eco Recycling's own Net Current Asset Value has ranged from 11.04 to 82.87 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 Waste Management company?
The median Net Current Asset Value among Waste Management companies is 4.11, based on 95 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 Eco Recycling and its competitors. For the Waste Management industry, the median Net Current Asset Value is 4.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eco Recycling's current Net Current Asset Value is ₹24.70, which is 61% below median its own 10-year median of 62.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eco Recycling stock overvalued right now?
Based on GuruFocus' analysis, Eco Recycling (BOM:530643) is currently considered Possible Value Trap. The stock's GF Value™ is ₹747.01, compared to a current price of ₹500.00 — trading 33.1% below its estimated fair value. The current Net Current Asset Value is ₹24.70, which is 61% below median its 10-year median of 62.92. Eco Recycling's overall GF Score™ is 85/100 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 Eco Recycling (BOM:530643), the current Net Current Asset Value is ₹24.70 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 Eco Recycling (BOM:530643) Overvalued in 2026?
Based on GuruFocus' analysis, Eco Recycling stock appears to be undervalued.
The current stock price of ₹500.00 is trading 33.1% below its estimated GF Value™ of ₹747.01.
GuruFocus considers Eco Recycling to be Possible Value Trap.
Key valuation signals for BOM:530643:
Net Current Asset Value: ₹24.70 (61% below median its 10-year median of 62.92)
GF Value™: ₹747.01 vs. price of ₹500.00 (33.1% below fair value)
No single metric tells the full story. See the BOM:530643 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressAndheri Kurla Road, Unit No. 422, 4th Floor, The Summit Business Bay, Opposite Cine Max Theater, Near WEH Metro Station, Andheri (East), Mumbai, IND, 400093
Eco Recycling Ltd is an Indian-based e-waste management company engaged in the business of recycling of electrical & electronic waste and affiliated services. It operates through a single segment: Operations of e-waste recycling. The company provides an end-to-end integrated solution for e-waste management to Multi-National Companies (MNC), Retailers, Original Equipment Manufacturers (OEM), Government Departments, NGOs, Households, Educational Institutions, and all other entities. The company earns revenue by the sale of scrap as well as by providing services.
85GF Score
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