BDCOM Online (DHA:BDCOM) Net Current Asset Value: BDT6.12 (As of Mar. 2026)

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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.
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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.

DHA:BDCOM BDCOM Online Ltd DHA:BDCOM
86 GF Score
Price BDT29.50
GF Value BDT25.61
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is BDCOM Online Net Current Asset Value?

BDCOM Online DHA:BDCOM +2.79% 86 Net Current Asset Value is BDT6.12 as of Mar. 2026. GuruFocus rates DHA:BDCOM with a GF Score™ of 86/100 and a GF Value™ of BDT25.61 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 99 Telecommunication Services companies, BDCOM Online ranks better than 50.51% 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).

BDCOM Online's net current asset value per share for the quarter that ended in Mar. 2026 was BDT6.12.

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

DHA:BDCOM' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.32   Med: 3.72   Max: 7.78
Current: 4.82

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of BDCOM Online was 7.78. The lowest was 2.32. And the median was 3.72.

DHA:BDCOM's Price-to-Net-Current-Asset-Value is ranked better than
50.51% of 99 companies
in the Telecommunication Services industry
Industry Median: 4.84 vs DHA:BDCOM: 4.82

BDCOM Online  (DHA:BDCOM) 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.


BDCOM Online Net Current Asset Value Related Terms


BDCOM Online Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for BDCOM Online'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.

BDCOM Online Net Current Asset Value Chart

BDCOM Online Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.01 6.46 6.83 6.28 5.72

BDCOM Online Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 5.71 5.72 5.95 5.90 6.12

DHA:BDCOM vs VZ, TMUS, T: Net Current Asset Value Comparison

For the Telecom Services subindustry, BDCOM Online'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.


BDCOM Online Price-to-Net-Current-Asset-Value vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, BDCOM Online's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


DHA:BDCOM
86GF Score
BDCOM Online Ltd DHA:BDCOM
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BDCOM Online Net Current Asset Value Calculation

BDCOM Online's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2025 is calculated as

Net Current Asset Value Per Share(A: Jun. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(849.498-471.52-0-0)/66.085
=5.72

BDCOM Online'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)
=(843.824-458.595-0-0)/62.938
=6.12

* 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 BDT6.12 mean?
BDCOM Online (DHA:BDCOM) has a Net Current Asset Value of BDT6.12 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 BDCOM Online and its competitors. According to the industry distribution chart, BDCOM Online ranks #49 out of 99 companies in the Telecommunication Services industry, placing it in the top 49.5%.
Is BDCOM Online's Net Current Asset Value too high?
BDCOM Online's current Net Current Asset Value is BDT6.12. Based on the distribution chart, BDCOM Online ranks #49 out of 99 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, BDCOM Online has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BDCOM Online's Net Current Asset Value compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, BDCOM Online ranks #49 out of 99 companies for Net Current Asset Value. This puts BDCOM Online in the upper half of its industry. The industry median Net Current Asset Value is 4.84. 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 Telecommunication Services company?
The median Net Current Asset Value among Telecommunication Services companies is 4.84, based on 99 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 BDCOM Online and its competitors. For the Telecommunication Services industry, the median Net Current Asset Value is 4.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BDCOM Online's current Net Current Asset Value is BDT6.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BDCOM Online stock overvalued right now?
Based on GuruFocus' analysis, BDCOM Online (DHA:BDCOM) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT25.61, compared to a current price of BDT29.50 — trading 15.2% above its estimated fair value. The current Net Current Asset Value is BDT6.12. BDCOM Online's overall GF Score™ is 86/100 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 BDCOM Online (DHA:BDCOM), the current Net Current Asset Value is BDT6.12 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 BDCOM Online (DHA:BDCOM) Overvalued in 2026?

Based on GuruFocus' analysis, BDCOM Online stock appears to be overvalued. The current stock price of BDT29.50 is trading 15.2% above its estimated GF Value™ of BDT25.61. GuruFocus considers BDCOM Online to be Modestly Overvalued.

Key valuation signals for DHA:BDCOM:

  • Net Current Asset Value: BDT6.12
  • GF Value™: BDT25.61 vs. price of BDT29.50 (15.2% above fair value)
  • GF Score™: 86/100 with 4 warning signs

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


BDCOM Online Business Description

Address Road No 1, Gulshan Avenue, House No 1, 5th floor, JL Bhaban, Gulshan-1, Dhaka, BGD, 1212
BDCOM Online Ltd operates as an internet service provider (ISP) in Bangladesh. The company's operating segments include Unit-1 for internet, data connectivity, hardware, and other IT-enabled services; Unit-2 for software development, graphic design, VTS support and service, web development, domain registration, and domain hosting; and Unit-3 for IP telephony services and goods. It generates maximum revenue from the Unit -1 segment which includes Internet/Data Connectivity Services. The company offers its services to NBFI, corporate, telecom, and home users.
86GF Score

Get the complete analysis for DHA:BDCOM

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

BDT29.50
Price
BDT25.61
GF Value