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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).
Zodiac Energy's net current asset value per share for the quarter that ended in Mar. 2026 was ₹-23.72.
The historical rank and industry rank for Zodiac Energy's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Zodiac Energy was 13.99. The lowest was 0.40. And the median was 1.26.
BOM:543416's Price-to-Net-Current-Asset-Value is not ranked *
in the Semiconductors industry.
Industry Median: 7.67 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Zodiac Energy (BOM:543416) 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.
Zodiac Energy Net Current Asset Value Related Terms
Zodiac Energy Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Zodiac Energy'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:543416 vs FSLR, NXT, ENPH: Net Current Asset Value Comparison
For the Solar subindustry, Zodiac Energy'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.
Zodiac Energy Price-to-Net-Current-Asset-Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Zodiac Energy's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Zodiac Energy'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 ₹-23.72 mean?
Zodiac Energy (BOM:543416) has a Net Current Asset Value of ₹-23.72 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 Zodiac Energy and its competitors. Over the past decade, Zodiac Energy's Net Current Asset Value has ranged from 0.40 to 13.99. According to the industry distribution chart, Zodiac Energy ranks #999999 out of 724 companies in the Semiconductors industry.
Is Zodiac Energy's Net Current Asset Value too high?
Zodiac Energy's current Net Current Asset Value is ₹-23.72. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 13.99. Based on the distribution chart, Zodiac Energy ranks #999999 out of 724 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Zodiac Energy has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zodiac Energy's Net Current Asset Value compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Zodiac Energy ranks #999999 out of 724 companies for Net Current Asset Value. This places Zodiac Energy in the lower half of its industry. The industry median Net Current Asset Value is 7.67. Historically, Zodiac Energy's own Net Current Asset Value has ranged from 0.40 to 13.99 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 Semiconductors company?
The median Net Current Asset Value among Semiconductors companies is 7.67, based on 724 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 Zodiac Energy and its competitors. For the Semiconductors industry, the median Net Current Asset Value is 7.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zodiac Energy's current Net Current Asset Value is ₹-23.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zodiac Energy stock overvalued right now?
Based on GuruFocus' analysis, Zodiac Energy (BOM:543416) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹651.63, compared to a current price of ₹246.45 — trading 62.2% below its estimated fair value. The current Net Current Asset Value is ₹-23.72. Zodiac Energy's overall GF Score™ is 82/100 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 Zodiac Energy (BOM:543416), the current Net Current Asset Value is ₹-23.72 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 Zodiac Energy (BOM:543416) Overvalued in 2026?
Based on GuruFocus' analysis, Zodiac Energy stock appears to be undervalued.
The current stock price of ₹246.45 is trading 62.2% below its estimated GF Value™ of ₹651.63.
GuruFocus considers Zodiac Energy to be Significantly Undervalued.
Key valuation signals for BOM:543416:
Net Current Asset Value: ₹-23.72
GF Value™: ₹651.63 vs. price of ₹246.45 (62.2% below fair value)
No single metric tells the full story. See the BOM:543416 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zodiac Energy Ltd operates as an energy solution provider in India. It is engaged in the design, supply, installation, testing, commissioning, operation, and maintenance of solar power equipment. The company's products and services offerings include grid-connected solar PV systems, rooftop solar PV systems, off-grid solar PV systems, solar pumping solutions, building integrated PV systems, etc., by utilising solar modules, inverters, controllers, and storage batteries. In addition, it is involved in operations and maintenance of ground mounted and rooftop solar assets. The company has recently forayed into the development of solar projects for the sale of electricity to distribution companies and corporate clients as an Independent Power Producer (IPP).
82GF Score
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