Nishat PowerKAR:NPL -2.28%59 Net Current Asset Value is ₨56.75 as of Mar. 2026, which is 100% below its 10-year median of 0.64. GuruFocus rates KAR:NPL with a GF Score™ of 59/100 and a GF Value™ of ₨13.04 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 104 Utilities - Independent Power Producers companies, Nishat Power ranks better than 81.73% 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).
Nishat Power's net current asset value per share for the quarter that ended in Mar. 2026 was ₨56.75.
The historical rank and industry rank for Nishat Power's Net Current Asset Value or its related term are showing as below:
KAR:NPL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.28 Med: 0.64 Max: 30.25
Current: 1.26
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Nishat Power was 30.25. The lowest was 0.28. And the median was 0.64.
KAR:NPL's Price-to-Net-Current-Asset-Value is ranked better than 81.73% of 104
companies
in the Utilities - Independent Power Producers industry
Industry Median: 5.15
vs KAR:NPL: 1.26
Nishat Power (KAR:NPL) 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.
Nishat Power Net Current Asset Value Related Terms
Nishat Power Net Current Asset Value Historical Data
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The historical data trend for Nishat Power'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.
KAR:NPL vs CEG, VST, NRG: Net Current Asset Value Comparison
For the Utilities - Independent Power Producers subindustry, Nishat Power'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.
Nishat Power Price-to-Net-Current-Asset-Value vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Nishat Power's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Nishat Power'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 ₨56.75 mean?
Nishat Power (KAR:NPL) has a Net Current Asset Value of ₨56.75 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 Nishat Power and its competitors. This is 8767% above median its historical median of 0.64. Over the past decade, Nishat Power's Net Current Asset Value has ranged from 0.28 to 30.25. According to the industry distribution chart, Nishat Power ranks #19 out of 104 companies in the Utilities - Independent Power Producers industry, placing it in the top 18.3%.
Is Nishat Power's Net Current Asset Value too high?
Nishat Power's current Net Current Asset Value of ₨56.75 is 8767% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 30.25. Based on the distribution chart, Nishat Power ranks #19 out of 104 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Nishat Power has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nishat Power's Net Current Asset Value compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Nishat Power ranks #19 out of 104 companies for Net Current Asset Value. This places Nishat Power in the top 18% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.15. Historically, Nishat Power's own Net Current Asset Value has ranged from 0.28 to 30.25 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 an Utilities - Independent Power Producers company?
The median Net Current Asset Value among Utilities - Independent Power Producers companies is 5.15, based on 104 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 Nishat Power and its competitors. For the Utilities - Independent Power Producers industry, the median Net Current Asset Value is 5.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nishat Power's current Net Current Asset Value is ₨56.75, which is 8767% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishat Power stock overvalued right now?
Based on GuruFocus' analysis, Nishat Power (KAR:NPL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨13.04, compared to a current price of ₨71.71 — trading 449.9% above its estimated fair value. The current Net Current Asset Value is ₨56.75, which is 8767% above median its 10-year median of 0.64. Nishat Power's overall GF Score™ is 59/100 with 7 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 Nishat Power (KAR:NPL), the current Net Current Asset Value is ₨56.75 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 Nishat Power (KAR:NPL) Overvalued in 2026?
Based on GuruFocus' analysis, Nishat Power stock appears to be overvalued.
The current stock price of ₨71.71 is trading 449.9% above its estimated GF Value™ of ₨13.04.
GuruFocus considers Nishat Power to be Significantly Overvalued.
Key valuation signals for KAR:NPL:
Net Current Asset Value: ₨56.75 (8767% above median its 10-year median of 0.64)
GF Value™: ₨13.04 vs. price of ₨71.71 (449.9% above fair value)
No single metric tells the full story. See the KAR:NPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nishat Power Ltd is a company whose principal activity is to build, own, operate and maintain a fuel-fired power plant based on Reciprocating Engine Technology having a gross capacity of 200MW in Jamber Kalan, Tehsil Pattoki, District Kasur, Punjab, Pakistan. It operates in single operating segment being: Revenue from sale of electricity relates to CPPA-G.
59GF 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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