Elevance HealthMEX:ELV 75 Net Current Asset Value is MXN0.00 as of Mar. 2026. GuruFocus rates MEX:ELV with a GF Score™ of 75/100 and a GF Value™ of MXN8,845.39 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 9 Healthcare Plans companies, Elevance Health ranks worse than 11111100% 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).
Elevance Health's net current asset value per share for the quarter that ended in Mar. 2026 was MXN0.00.
The historical rank and industry rank for Elevance Health's Net Current Asset Value or its related term are showing as below:
MEX:ELV's Price-to-Net-Current-Asset-Value is not ranked *
in the Healthcare Plans industry.
Industry Median: 11.89 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Elevance Health (MEX:ELV) 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.
Elevance Health Net Current Asset Value Related Terms
Elevance Health Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Elevance Health'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.
MEX:ELV vs CI, HUM, CVS: Net Current Asset Value Comparison
For the Healthcare Plans subindustry, Elevance Health'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.
Elevance Health Price-to-Net-Current-Asset-Value vs Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, Elevance Health's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Elevance Health'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 MXN0.00 mean?
Elevance Health (MEX:ELV) has a Net Current Asset Value of MXN0.00 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 Elevance Health and its competitors. According to the industry distribution chart, Elevance Health ranks #999999 out of 9 companies in the Healthcare Plans industry.
Is Elevance Health's Net Current Asset Value too high?
Elevance Health's current Net Current Asset Value is MXN0.00. Based on the distribution chart, Elevance Health ranks #999999 out of 9 companies in the Healthcare Plans industry, which is in the bottom quartile relative to peers. Overall, Elevance Health has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elevance Health's Net Current Asset Value compare to CI and HUM?
According to the Healthcare Plans industry distribution chart, Elevance Health ranks #999999 out of 9 companies for Net Current Asset Value. This places Elevance Health in the lower half of its industry. The industry median Net Current Asset Value is 11.89. 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 Healthcare Plans company?
The median Net Current Asset Value among Healthcare Plans companies is 11.89, based on 9 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 Elevance Health and its competitors. For the Healthcare Plans industry, the median Net Current Asset Value is 11.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elevance Health's current Net Current Asset Value is MXN0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elevance Health stock overvalued right now?
Based on GuruFocus' analysis, Elevance Health (MEX:ELV) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN8,845.39, compared to a current price of MXN7,144.06 — trading 19.2% below its estimated fair value. The current Net Current Asset Value is MXN0.00. Elevance Health's overall GF Score™ is 75/100 with 8 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 Elevance Health (MEX:ELV), the current Net Current Asset Value is MXN0.00 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 Elevance Health (MEX:ELV) Overvalued in 2026?
Based on GuruFocus' analysis, Elevance Health stock appears to be undervalued.
The current stock price of MXN7,144.06 is trading 19.2% below its estimated GF Value™ of MXN8,845.39.
GuruFocus considers Elevance Health to be Modestly Undervalued.
Key valuation signals for MEX:ELV:
Net Current Asset Value: MXN0.00
GF Value™: MXN8,845.39 vs. price of MXN7,144.06 (19.2% below fair value)
No single metric tells the full story. See the MEX:ELV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elevance Health remains one of the leading health insurers in the US, providing medical benefits to 45 million medical members at the end of 2025. The company offers employer, individual, and government-sponsored coverage plans. Elevance differs from its peers in its unique position as the largest single provider of Blue Cross Blue Shield branded coverage, operating as the licensee for the Blue Cross Blue Shield Association in 14 states. Through acquisitions, such as the Amerigroup deal in 2012 and MMM in 2021, Elevance's reach expands beyond those states in government-sponsored programs, such as Medicaid and Medicare Advantage plans, too. It is also an emerging player in pharmacy benefit management and other healthcare services.
75GF Score
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