Ganesha Ecoverse (BOM:539041) Net Current Asset Value: ₹1.58 (As of Mar. 2026) — 39% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:539041 Ganesha Ecoverse Ltd BOM:539041
44 GF Score
Price ₹24.40
GF Value ₹2.37
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Ganesha Ecoverse Net Current Asset Value?

Ganesha Ecoverse BOM:539041 +2.74% 44 Net Current Asset Value is ₹1.58 as of Mar. 2026, which is 100% below its 10-year median of 2.60. GuruFocus rates BOM:539041 with a GF Score™ of 44/100 and a GF Value™ of ₹2.37 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 98 Waste Management companies, Ganesha Ecoverse ranks worse than 86.73% 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).

Ganesha Ecoverse's net current asset value per share for the quarter that ended in Mar. 2026 was ₹1.58.

The historical rank and industry rank for Ganesha Ecoverse's Net Current Asset Value or its related term are showing as below:

BOM:539041' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.48   Med: 2.6   Max: 15.44
Current: 15.44

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Ganesha Ecoverse was 15.44. The lowest was 0.48. And the median was 2.60.

BOM:539041's Price-to-Net-Current-Asset-Value is ranked worse than
86.73% of 98 companies
in the Waste Management industry
Industry Median: 4.825 vs BOM:539041: 15.44

Ganesha Ecoverse  (BOM:539041) 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.


Ganesha Ecoverse Net Current Asset Value Related Terms


Ganesha Ecoverse Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Ganesha Ecoverse'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.

Ganesha Ecoverse Net Current Asset Value Chart

Ganesha Ecoverse Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 4.32 4.88 2.34 1.58

Ganesha Ecoverse Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 4.88 5.84 2.34 1.81 1.58

BOM:539041 vs WM, RSG, WCN: Net Current Asset Value Comparison

For the Waste Management subindustry, Ganesha Ecoverse'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.


Ganesha Ecoverse Price-to-Net-Current-Asset-Value vs Waste Management Industry

For the Waste Management industry and Industrials sector, Ganesha Ecoverse's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Ganesha Ecoverse's Price-to-Net-Current-Asset-Value falls into.


BOM:539041
44GF Score
Ganesha Ecoverse Ltd BOM:539041
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ganesha Ecoverse Net Current Asset Value Calculation

Ganesha Ecoverse's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(162.052-123.228-0-0)/24.595
=1.58

Ganesha Ecoverse's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(162.052-123.228-0-0)/24.595
=1.58

* 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 ₹1.58 mean?
Ganesha Ecoverse (BOM:539041) has a Net Current Asset Value of ₹1.58 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 Ganesha Ecoverse and its competitors. This is 39% below median its historical median of 2.60. Over the past decade, Ganesha Ecoverse's Net Current Asset Value has ranged from 0.48 to 15.44. According to the industry distribution chart, Ganesha Ecoverse ranks #85 out of 98 companies in the Waste Management industry, placing it in the top 86.7%.
Is Ganesha Ecoverse's Net Current Asset Value too high?
Ganesha Ecoverse's current Net Current Asset Value of ₹1.58 is 39% below median its 10-year median of 2.60. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 15.44. Based on the distribution chart, Ganesha Ecoverse ranks #85 out of 98 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Ganesha Ecoverse has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ganesha Ecoverse's Net Current Asset Value compare to WM and RSG?
According to the Waste Management industry distribution chart, Ganesha Ecoverse ranks #85 out of 98 companies for Net Current Asset Value. This places Ganesha Ecoverse in the lower half of its industry. The industry median Net Current Asset Value is 4.83. Historically, Ganesha Ecoverse's own Net Current Asset Value has ranged from 0.48 to 15.44 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 4.83, based on 98 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 Ganesha Ecoverse and its competitors. For the Waste Management industry, the median Net Current Asset Value is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ganesha Ecoverse's current Net Current Asset Value is ₹1.58, which is 39% below median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ganesha Ecoverse stock overvalued right now?
Based on GuruFocus' analysis, Ganesha Ecoverse (BOM:539041) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2.37, compared to a current price of ₹24.40 — trading 929.5% above its estimated fair value. The current Net Current Asset Value is ₹1.58, which is 39% below median its 10-year median of 2.60. Ganesha Ecoverse's overall GF Score™ is 44/100 with 5 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 Ganesha Ecoverse (BOM:539041), the current Net Current Asset Value is ₹1.58 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 Ganesha Ecoverse (BOM:539041) Overvalued in 2026?

Based on GuruFocus' analysis, Ganesha Ecoverse stock appears to be overvalued. The current stock price of ₹24.40 is trading 929.5% above its estimated GF Value™ of ₹2.37. GuruFocus considers Ganesha Ecoverse to be Significantly Overvalued.

Key valuation signals for BOM:539041:

  • Net Current Asset Value: ₹1.58 (39% below median its 10-year median of 2.60)
  • GF Value™: ₹2.37 vs. price of ₹24.40 (929.5% above fair value)
  • GF Score™: 44/100 with 5 warning signs

No single metric tells the full story. See the BOM:539041 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ganesha Ecoverse Business Description

Address 20, Manohar Lal Khurana Marg, P3-211, Second Floor, Central Square, Bara Hindu Rao, Delhi, IND, 110006
Ganesha Ecoverse Ltd is in the business of trading post-consumer PET bottle waste/ scrap.
44GF Score

Get the complete analysis for BOM:539041

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

₹24.40
Price
₹2.37
GF Value