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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).
Waaree Renewable Technologies's net current asset value per share for the quarter that ended in Jun. 2026 was ₹0.00.
The historical rank and industry rank for Waaree Renewable Technologies's Net Current Asset Value or its related term are showing as below:
BOM:534618'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.7 Med: 23.31 Max: 177.23
Current: 27.08
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Waaree Renewable Technologies was 177.23. The lowest was 2.70. And the median was 23.31.
BOM:534618's Price-to-Net-Current-Asset-Value is ranked worse than 92.03% of 1066
companies
in the Construction industry
Industry Median: 3.19
vs BOM:534618: 27.08
Waaree Renewable Technologies (BOM:534618) 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.
Waaree Renewable Technologies Net Current Asset Value Related Terms
Waaree Renewable Technologies Net Current Asset Value Historical Data
* 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.
Waaree Renewable Technologies Net Current Asset Value Chart
BOM:534618 vs PWR, FIX, EME: Net Current Asset Value Comparison
For the Engineering & Construction subindustry, Waaree Renewable Technologies'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.
Waaree Renewable Technologies Price-to-Net-Current-Asset-Value vs Construction Industry
For the Construction industry and Industrials sector, Waaree Renewable Technologies's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Waaree Renewable Technologies'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 ₹0.00 mean?
Waaree Renewable Technologies (BOM:534618) has a Net Current Asset Value of ₹0.00 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Waaree Renewable Technologies and its competitors. Over the past decade, Waaree Renewable Technologies' Net Current Asset Value has ranged from 2.70 to 177.23. According to the industry distribution chart, Waaree Renewable Technologies ranks #981 out of 1066 companies in the Construction industry, placing it in the top 92%.
Is Waaree Renewable Technologies' Net Current Asset Value too high?
Waaree Renewable Technologies' current Net Current Asset Value is ₹0.00. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 177.23. Based on the distribution chart, Waaree Renewable Technologies ranks #981 out of 1066 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Waaree Renewable Technologies has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Waaree Renewable Technologies' Net Current Asset Value compare to PWR and FIX?
According to the Construction industry distribution chart, Waaree Renewable Technologies ranks #981 out of 1066 companies for Net Current Asset Value. This places Waaree Renewable Technologies in the lower half of its industry. The industry median Net Current Asset Value is 3.19. Historically, Waaree Renewable Technologies' own Net Current Asset Value has ranged from 2.70 to 177.23 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.19, based on 1,066 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 Waaree Renewable Technologies and its competitors. For the Construction industry, the median Net Current Asset Value is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waaree Renewable Technologies's current Net Current Asset Value is ₹0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waaree Renewable Technologies stock overvalued right now?
Waaree Renewable Technologies (BOM:534618) has a current Net Current Asset Value of ₹0.00. The current Net Current Asset Value is ₹0.00. Waaree Renewable Technologies' overall GF Score™ is 65/100 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 Waaree Renewable Technologies (BOM:534618), the current Net Current Asset Value is ₹0.00 as of Jun. 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.
Waaree Renewable Technologies Ltd is engaged in the business of generation of power and providing consultancy services. It offers sustainable partnerships by providing renewable energy solutions to industrial, institutional, and commercial sectors and improves their profitability through the long-term renewable power supply. It generates maximum revenue from the EPC Contracts. Its projects include Ground Mounted, Rooftop Solar and Floating Solar.
65GF Score
Get the complete analysis for BOM:534618
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