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Zeal AquaBOM:539963 +0.18%86 Net Current Asset Value is ₹3.75 as of Mar. 2026, which is 100% below its 10-year median of 4.20. GuruFocus rates BOM:539963 with a GF Score™ of 86/100 and a GF Value™ of ₹16.44 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,051 Consumer Packaged Goods companies, Zeal Aqua ranks better than 62.51% 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).
Zeal Aqua's net current asset value per share for the quarter that ended in Mar. 2026 was ₹3.75.
The historical rank and industry rank for Zeal Aqua's Net Current Asset Value or its related term are showing as below:
BOM:539963'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.95 Med: 4.2 Max: 12.87
Current: 2.95
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Zeal Aqua was 12.87. The lowest was 2.95. And the median was 4.20.
BOM:539963's Price-to-Net-Current-Asset-Value is ranked better than 62.51% of 1051
companies
in the Consumer Packaged Goods industry
Industry Median: 4.23
vs BOM:539963: 2.95
Zeal Aqua (BOM:539963) 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.
Zeal Aqua Net Current Asset Value Related Terms
Zeal Aqua Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Zeal Aqua'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:539963 vs ADM, BG, TSN: Net Current Asset Value Comparison
For the Farm Products subindustry, Zeal Aqua'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.
Zeal Aqua Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Zeal Aqua's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Zeal Aqua'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 ₹3.75 mean?
Zeal Aqua (BOM:539963) has a Net Current Asset Value of ₹3.75 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 Zeal Aqua and its competitors. This is 11% below median its historical median of 4.20. Over the past decade, Zeal Aqua's Net Current Asset Value has ranged from 2.95 to 12.87. According to the industry distribution chart, Zeal Aqua ranks #394 out of 1051 companies in the Consumer Packaged Goods industry, placing it in the top 37.5%.
Is Zeal Aqua's Net Current Asset Value too high?
Zeal Aqua's current Net Current Asset Value of ₹3.75 is 11% below median its 10-year median of 4.20. Over the past 10 years, this metric has ranged from a low of 2.95 to a high of 12.87. Based on the distribution chart, Zeal Aqua ranks #394 out of 1051 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Zeal Aqua has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zeal Aqua's Net Current Asset Value compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Zeal Aqua ranks #394 out of 1051 companies for Net Current Asset Value. This puts Zeal Aqua in the upper half of its industry. The industry median Net Current Asset Value is 4.23. Historically, Zeal Aqua's own Net Current Asset Value has ranged from 2.95 to 12.87 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 Consumer Packaged Goods company?
The median Net Current Asset Value among Consumer Packaged Goods companies is 4.23, based on 1,051 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 Zeal Aqua and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zeal Aqua's current Net Current Asset Value is ₹3.75, which is 11% below median its own 10-year median of 4.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeal Aqua stock overvalued right now?
Based on GuruFocus' analysis, Zeal Aqua (BOM:539963) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹16.44, compared to a current price of ₹11.07 — trading 32.7% below its estimated fair value. The current Net Current Asset Value is ₹3.75, which is 11% below median its 10-year median of 4.20. Zeal Aqua's overall GF Score™ is 86/100 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 Zeal Aqua (BOM:539963), the current Net Current Asset Value is ₹3.75 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 Zeal Aqua (BOM:539963) Overvalued in 2026?
Based on GuruFocus' analysis, Zeal Aqua stock appears to be undervalued.
The current stock price of ₹11.07 is trading 32.7% below its estimated GF Value™ of ₹16.44.
GuruFocus considers Zeal Aqua to be Significantly Undervalued.
Key valuation signals for BOM:539963:
Net Current Asset Value: ₹3.75 (11% below median its 10-year median of 4.20)
GF Value™: ₹16.44 vs. price of ₹11.07 (32.7% below fair value)
No single metric tells the full story. See the BOM:539963 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zeal Aqua Ltd is an Indian company engaged in the aquaculture industry, especially prawn farming and trading of seed, feed, and medicines required for shrimp farming. The company uses satellite farming techniques to produce shrimps and provides feed and probiotics to small aqua farmers, working closely with them to ensure quality shrimp production. It produces and exports seafood (shrimps) across the world to markets like Belgium, Denmark, France, Germany, Greece, Japan, the USA, Vietnam, South Korea, Spain, etc.
86GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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