MOGU (MOGU) Net Current Asset Value: $0.41 (As of Mar. 2026) — 59% Below Median


MOGU MOGU Inc MOGU
58 GF Score
Price $2.05
GF Value $1.86
Valuation Fairly Valued
! 4 Warning Signs
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What is MOGU Net Current Asset Value?

MOGU MOGU +13.26% 58 Net Current Asset Value is $0.41 as of Mar. 2026, which is 59% below its 10-year median of 1.00. GuruFocus rates MOGU with a GF Score™ of 58/100 and a GF Value™ of $1.86 (Fairly Valued). The stock has 4 warning signs investors should review. Among 553 Retail - Cyclical companies, MOGU ranks worse than 64.92% 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).

MOGU's net current asset value per share for the quarter that ended in Mar. 2026 was $0.41.

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

MOGU' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.54   Med: 1   Max: 7.88
Current: 5

During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of MOGU was 7.88. The lowest was 0.54. And the median was 1.00.

MOGU's Price-to-Net-Current-Asset-Value is ranked worse than
64.92% of 553 companies
in the Retail - Cyclical industry
Industry Median: 3.11 vs MOGU: 5.00

MOGU  (NYSE:MOGU) 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.


MOGU Net Current Asset Value Related Terms


MOGU Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for MOGU'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.

MOGU Net Current Asset Value Chart

MOGU Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.48 5.15 2.67 2.30 0.39

MOGU Semi-Annual Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.67 2.42 2.30 2.91 0.41

MOGU vs NHTC, KPEAD, SBDS: Net Current Asset Value Comparison

For the Internet Retail subindustry, MOGU'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.


MOGU Price-to-Net-Current-Asset-Value vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MOGU's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


MOGU
58GF Score
MOGU Inc MOGU
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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MOGU Net Current Asset Value Calculation

MOGU's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(49.64-46.254-0-0)/8.791
=0.39

MOGU'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)
=(49.64-46.254-0-0)/8.180
=0.41

* 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 $0.41 mean?
MOGU (MOGU) has a Net Current Asset Value of $0.41 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 MOGU and its competitors. This is 59% below median its historical median of 1.00. Over the past decade, MOGU's Net Current Asset Value has ranged from 0.54 to 7.88. According to the industry distribution chart, MOGU ranks #359 out of 553 companies in the Retail - Cyclical industry, placing it in the top 64.9%.
Is MOGU's Net Current Asset Value too high?
MOGU's current Net Current Asset Value of $0.41 is 59% below median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 7.88. The Retail - Cyclical industry median Net Current Asset Value is 3.11. MOGU's value of $0.41 is 86.8% below this industry median. Based on the distribution chart, MOGU ranks #359 out of 553 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, MOGU has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MOGU's Net Current Asset Value compare to NHTC and KPEAD?
According to the Retail - Cyclical industry distribution chart, MOGU ranks #359 out of 553 companies for Net Current Asset Value. This places MOGU in the lower half of its industry. The industry median Net Current Asset Value is 3.11. MOGU's value of $0.41 is 86.8% below this benchmark. Historically, MOGU's own Net Current Asset Value has ranged from 0.54 to 7.88 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 3.11, MOGU has consistently been below the industry average. 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 Retail - Cyclical company?
The median Net Current Asset Value among Retail - Cyclical companies is 3.11, based on 553 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. MOGU's current Net Current Asset Value of $0.41 is 86.8% below the industry median. 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 MOGU and its competitors. For the Retail - Cyclical industry, the median Net Current Asset Value is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MOGU's current Net Current Asset Value is $0.41, which is 59% below median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MOGU stock overvalued right now?
Based on GuruFocus' analysis, MOGU (MOGU) is currently considered Fairly Valued. The stock's GF Value™ is $1.86, compared to a current price of $2.05 — trading 10.2% above its estimated fair value. The current Net Current Asset Value is $0.41, which is 59% below median its 10-year median of 1.00 and 86.8% below the Retail - Cyclical industry median of 3.11. MOGU's overall GF Score™ is 58/100 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 MOGU (MOGU), the current Net Current Asset Value is $0.41 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 MOGU (MOGU) Overvalued in 2026?

Based on GuruFocus' analysis, MOGU stock appears to be overvalued. The current stock price of $2.05 is trading 10.2% above its estimated GF Value™ of $1.86. GuruFocus considers MOGU to be Fairly Valued.

Key valuation signals for MOGU:

  • Net Current Asset Value: $0.41 (59% below median its 10-year median of 1.00)
  • GF Value™: $1.86 vs. price of $2.05 (10.2% above fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 86.8% below the Retail - Cyclical median (#359 of 553)

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


MOGU Business Description

Address No. 666 Zhenhua Road, Mingqi Center, 8th Floor, Building No. 1, Xihu District, Hangzhou, CHN, 310012
MOGU Inc is an online service provider in China, operating a KOL-driven online fashion and lifestyle platform, Mogujie, and providing customized online branding solutions to businesses. The company, on its platform, provides content related to fashion and lifestyle guides in various multimedia formats, which include Live Video Broadcasts, Short-form Videos, Photography, and an Online Review Community. The company derives revenues from within China. It also provides online marketing, commission, financing, technology, and other relevant services to merchants and users, as well as technology services to brand owners.
58GF 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.

$2.05
Price
$1.86
GF Value