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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).
Elitecon International's net current asset value per share for the quarter that ended in Dec. 2025 was ₹0.00.
The historical rank and industry rank for Elitecon International's Net Current Asset Value or its related term are showing as below:
BOM:539533'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.27 Med: 0.57 Max: 135.45
Current: 11.91
During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Elitecon International was 135.45. The lowest was 0.27. And the median was 0.57.
BOM:539533's Price-to-Net-Current-Asset-Value is ranked worse than 79.31% of 29
companies
in the Tobacco Products industry
Industry Median: 7.55
vs BOM:539533: 11.91
Elitecon International (BOM:539533) 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.
Elitecon International Net Current Asset Value Related Terms
Elitecon International Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Elitecon International'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.
Elitecon International Net Current Asset Value Chart
BOM:539533 vs PM, MO, TPB: Net Current Asset Value Comparison
For the Tobacco subindustry, Elitecon International'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.
Elitecon International Price-to-Net-Current-Asset-Value vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Elitecon International's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Elitecon International'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?
Elitecon International (BOM:539533) has a Net Current Asset Value of ₹0.00 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Elitecon International and its competitors. Over the past decade, Elitecon International's Net Current Asset Value has ranged from 0.27 to 135.45. According to the industry distribution chart, Elitecon International ranks #23 out of 29 companies in the Tobacco Products industry, placing it in the top 79.3%.
Is Elitecon International's Net Current Asset Value too high?
Elitecon International's current Net Current Asset Value is ₹0.00. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 135.45. Based on the distribution chart, Elitecon International ranks #23 out of 29 companies in the Tobacco Products industry, which is in the bottom quartile relative to peers. Overall, Elitecon International has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elitecon International's Net Current Asset Value compare to PM and MO?
According to the Tobacco Products industry distribution chart, Elitecon International ranks #23 out of 29 companies for Net Current Asset Value. This places Elitecon International in the lower half of its industry. The industry median Net Current Asset Value is 7.55. Historically, Elitecon International's own Net Current Asset Value has ranged from 0.27 to 135.45 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 Tobacco Products company?
The median Net Current Asset Value among Tobacco Products companies is 7.55, based on 29 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 Elitecon International and its competitors. For the Tobacco Products industry, the median Net Current Asset Value is 7.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elitecon International'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 Elitecon International stock overvalued right now?
Based on GuruFocus' analysis, Elitecon International (BOM:539533) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2.12, compared to a current price of ₹17.03 — trading 703.3% above its estimated fair value. The current Net Current Asset Value is ₹0.00. Elitecon International's overall GF Score™ is 59/100 with 3 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 Elitecon International (BOM:539533), the current Net Current Asset Value is ₹0.00 as of Dec. 2025. 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 Elitecon International (BOM:539533) Overvalued in 2026?
Based on GuruFocus' analysis, Elitecon International stock appears to be overvalued.
The current stock price of ₹17.03 is trading 703.3% above its estimated GF Value™ of ₹2.12.
GuruFocus considers Elitecon International to be Significantly Overvalued.
Key valuation signals for BOM:539533:
Net Current Asset Value: ₹0.00
GF Value™: ₹2.12 vs. price of ₹17.03 (703.3% above fair value)
No single metric tells the full story. See the BOM:539533 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elitecon International Ltd operates in the manufacturing and trading of tobacco products including cigarettes, smoking mixtures, and sheesha. The company serves both domestic and international markets, with notable exports to regions such as the Middle East, Asia, and Europe. Elitecon has expanded its portfolio to include fast-moving consumer goods (FMCG), with upcoming plans to introduce products like snacks, edible oils, and other essentials. Its revenue is generated majorly through the sale of tobacco-based products and FMCG items, supported by a manufacturing infrastructure focused on innovation and sustainability. The company has two reportable segments, "tobacco and allied products" and "Agro Commodities".
59GF Score
Get the complete analysis for BOM:539533
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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