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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).
One97 Communications's net current asset value per share for the quarter that ended in Jun. 2026 was ₹0.00.
The historical rank and industry rank for One97 Communications's Net Current Asset Value or its related term are showing as below:
NSE:PAYTM'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.06 Med: 4.96 Max: 8.39
Current: 7.26
During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of One97 Communications was 8.39. The lowest was 3.06. And the median was 4.96.
NSE:PAYTM's Price-to-Net-Current-Asset-Value is ranked worse than 64.79% of 1758
companies
in the Software industry
Industry Median: 4.73
vs NSE:PAYTM: 7.26
One97 Communications (NSE:PAYTM) 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.
One97 Communications Net Current Asset Value Related Terms
One97 Communications Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for One97 Communications'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.
One97 Communications Net Current Asset Value Chart
NSE:PAYTM vs MSFT, ORCL, PLTR: Net Current Asset Value Comparison
For the Software - Infrastructure subindustry, One97 Communications'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.
One97 Communications Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, One97 Communications's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where One97 Communications'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 ₹0.00 mean?
One97 Communications (NSE:PAYTM) has a Net Current Asset Value of ₹0.00 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on One97 Communications and its competitors. Over the past decade, One97 Communications' Net Current Asset Value has ranged from 3.06 to 8.39. According to the industry distribution chart, One97 Communications ranks #1139 out of 1758 companies in the Software industry, placing it in the top 64.8%.
Is One97 Communications' Net Current Asset Value too high?
One97 Communications' current Net Current Asset Value is ₹0.00. Over the past 10 years, this metric has ranged from a low of 3.06 to a high of 8.39. Based on the distribution chart, One97 Communications ranks #1139 out of 1758 companies in the Software industry, which is below the industry midpoint. Overall, One97 Communications has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does One97 Communications' Net Current Asset Value compare to MSFT and ORCL?
According to the Software industry distribution chart, One97 Communications ranks #1139 out of 1758 companies for Net Current Asset Value. This places One97 Communications in the lower half of its industry. The industry median Net Current Asset Value is 4.73. Historically, One97 Communications' own Net Current Asset Value has ranged from 3.06 to 8.39 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 Software company?
The median Net Current Asset Value among Software companies is 4.73, based on 1,758 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 One97 Communications and its competitors. For the Software industry, the median Net Current Asset Value is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. One97 Communications's current Net Current Asset Value is ₹0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is One97 Communications stock overvalued right now?
Based on GuruFocus' analysis, One97 Communications (NSE:PAYTM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹982.76, compared to a current price of ₹1,300.50 — trading 32.3% above its estimated fair value. The current Net Current Asset Value is ₹0.00. One97 Communications' overall GF Score™ is 63/100 with 3 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 One97 Communications (NSE:PAYTM), the current Net Current Asset Value is ₹0.00 as of Jun. 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 One97 Communications (NSE:PAYTM) Overvalued in 2026?
Based on GuruFocus' analysis, One97 Communications stock appears to be overvalued.
The current stock price of ₹1,300.50 is trading 32.3% above its estimated GF Value™ of ₹982.76.
GuruFocus considers One97 Communications to be Significantly Overvalued.
Key valuation signals for NSE:PAYTM:
Net Current Asset Value: ₹0.00
GF Value™: ₹982.76 vs. price of ₹1,300.50 (32.3% above fair value)
No single metric tells the full story. See the NSE:PAYTM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
One97 Communications Ltd is a digital ecosystem for consumers and merchants. The company is in the business of providing a) payment and financial services which mainly include payment facilitator services, facilitation of consumer and merchant loan distribution to consumers and merchants, wealth management, etc. b) marketing services which consist of aggregator for digital products, ticketing business, providing voice and messaging platforms to the telecom operators and enterprise customers and other businesses. The group generates the majority of its revenue from customers domiciled in India.
63GF 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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