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).
NSE:GENCON'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.07 Med: 2.61 Max: 18.34
Current: 1.43
During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Generic Engineering Construction and Projects was 18.34. The lowest was 1.07. And the median was 2.61.
NSE:GENCON's Price-to-Net-Current-Asset-Value is ranked better than 78.81% of 1057
companies
in the Construction industry
Industry Median: 3.26
vs NSE:GENCON: 1.43
Generic Engineering Construction and Projects (NSE:GENCON) 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.
Generic Engineering Construction and Projects Net Current Asset Value Related Terms
Generic Engineering Construction and Projects Net Current Asset Value Historical Data
* 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.
Generic Engineering Construction and Projects Net Current Asset Value Chart
Generic Engineering Construction and Projects Annual Data
NSE:GENCON vs PWR, FIX, EME: Net Current Asset Value Comparison
For the Engineering & Construction subindustry, Generic Engineering Construction and Projects'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.
Generic Engineering Construction and Projects Price-to-Net-Current-Asset-Value vs Construction Industry
* 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 ₹29.54 mean?
Generic Engineering Construction and Projects (NSE:GENCON) has a Net Current Asset Value of ₹29.54 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 Generic Engineering Construction and Projects and its competitors. This is 1032% above median its historical median of 2.61. Over the past decade, Generic Engineering Construction and Projects' Net Current Asset Value has ranged from 1.07 to 18.34. According to the industry distribution chart, Generic Engineering Construction and Projects ranks #224 out of 1057 companies in the Construction industry, placing it in the top 21.2%.
Is Generic Engineering Construction and Projects' Net Current Asset Value too high?
Generic Engineering Construction and Projects' current Net Current Asset Value of ₹29.54 is 1032% above median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 18.34. Based on the distribution chart, Generic Engineering Construction and Projects ranks #224 out of 1057 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Generic Engineering Construction and Projects has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Generic Engineering Construction and Projects' Net Current Asset Value compare to PWR and FIX?
According to the Construction industry distribution chart, Generic Engineering Construction and Projects ranks #224 out of 1057 companies for Net Current Asset Value. This places Generic Engineering Construction and Projects in the top 21% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.26. Historically, Generic Engineering Construction and Projects' own Net Current Asset Value has ranged from 1.07 to 18.34 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.26, based on 1,057 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 Generic Engineering Construction and Projects and its competitors. For the Construction industry, the median Net Current Asset Value is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Generic Engineering Construction and Projects's current Net Current Asset Value is ₹29.54, which is 1032% above median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generic Engineering Construction and Projects stock overvalued right now?
Based on GuruFocus' analysis, Generic Engineering Construction and Projects (NSE:GENCON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹47.40, compared to a current price of ₹42.38 — trading 10.6% below its estimated fair value. The current Net Current Asset Value is ₹29.54, which is 1032% above median its 10-year median of 2.61. Generic Engineering Construction and Projects' overall GF Score™ is 81/100 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 Generic Engineering Construction and Projects (NSE:GENCON), the current Net Current Asset Value is ₹29.54 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 Generic Engineering Construction and Projects (NSE:GENCON) Overvalued in 2026?
Based on GuruFocus' analysis, Generic Engineering Construction and Projects stock appears to be undervalued.
The current stock price of ₹42.38 is trading 10.6% below its estimated GF Value™ of ₹47.40.
GuruFocus considers Generic Engineering Construction and Projects to be Modestly Undervalued.
Key valuation signals for NSE:GENCON:
Net Current Asset Value: ₹29.54 (1032% above median its 10-year median of 2.61)
GF Value™: ₹47.40 vs. price of ₹42.38 (10.6% below fair value)
No single metric tells the full story. See the NSE:GENCON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Generic Engineering Construction and Projects Business Description
Generic Engineering Construction and Projects Ltd is a construction company. The company is mainly engaged in the business of construction of residential buildings/commercial complexes and activities. It undertakes construction projects like civil and structural works; and internal infrastructures like roads, landscaping, and others. The company also provides services for mechanical, electrical, plumbing, sanitary, fire-fighting and alarm systems and others. The group carries its business operations only in India.
81GF Score
Get the complete analysis for NSE:GENCON
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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