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Phoenix OverseasNSE:PHOGLOBAL -0.88%38 Net Current Asset Value is ₹54.17 as of Mar. 2026, which is 100% below its 10-year median of 0.61. GuruFocus rates NSE:PHOGLOBAL with a GF Score™ of 38/100. The stock has 4 warning signs investors should review. Among 105 Industrial Distribution companies, Phoenix Overseas ranks better than 98.1% 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).
Phoenix Overseas's net current asset value per share for the quarter that ended in Mar. 2026 was ₹54.17.
The historical rank and industry rank for Phoenix Overseas's Net Current Asset Value or its related term are showing as below:
NSE:PHOGLOBAL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.29 Med: 0.61 Max: 0.93
Current: 0.31
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Phoenix Overseas was 0.93. The lowest was 0.29. And the median was 0.61.
NSE:PHOGLOBAL's Price-to-Net-Current-Asset-Value is ranked better than 98.1% of 105
companies
in the Industrial Distribution industry
Industry Median: 2.64
vs NSE:PHOGLOBAL: 0.31
Phoenix Overseas (NSE:PHOGLOBAL) 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.
Phoenix Overseas Net Current Asset Value Related Terms
Phoenix Overseas Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Phoenix Overseas'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.
NSE:PHOGLOBAL vs GWW, FAST, FERG: Net Current Asset Value Comparison
For the Industrial Distribution subindustry, Phoenix Overseas'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.
Phoenix Overseas Price-to-Net-Current-Asset-Value vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Phoenix Overseas's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Phoenix Overseas'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 ₹54.17 mean?
Phoenix Overseas (NSE:PHOGLOBAL) has a Net Current Asset Value of ₹54.17 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 Phoenix Overseas and its competitors. This is 8780% above median its historical median of 0.61. Over the past decade, Phoenix Overseas' Net Current Asset Value has ranged from 0.29 to 0.93. According to the industry distribution chart, Phoenix Overseas ranks #2 out of 105 companies in the Industrial Distribution industry, placing it in the top 1.9%.
Is Phoenix Overseas' Net Current Asset Value too high?
Phoenix Overseas' current Net Current Asset Value of ₹54.17 is 8780% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.93. Based on the distribution chart, Phoenix Overseas ranks #2 out of 105 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Phoenix Overseas has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Overseas' Net Current Asset Value compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Phoenix Overseas ranks #2 out of 105 companies for Net Current Asset Value. This places Phoenix Overseas in the top 2% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 2.64. Historically, Phoenix Overseas' own Net Current Asset Value has ranged from 0.29 to 0.93 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 Industrial Distribution company?
The median Net Current Asset Value among Industrial Distribution companies is 2.64, based on 105 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 Phoenix Overseas and its competitors. For the Industrial Distribution industry, the median Net Current Asset Value is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Overseas's current Net Current Asset Value is ₹54.17, which is 8780% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Overseas stock overvalued right now?
Phoenix Overseas (NSE:PHOGLOBAL) has a current Net Current Asset Value of ₹54.17. The current Net Current Asset Value is ₹54.17, which is 8780% above median its 10-year median of 0.61. Phoenix Overseas' overall GF Score™ is 38/100 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 Phoenix Overseas (NSE:PHOGLOBAL), the current Net Current Asset Value is ₹54.17 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.
Phoenix Overseas Ltd is engaged into trading and marketing of animal feeds and agricultural produce and commodities such as corn, oil cakes, spices like dry red chilies, coriander, cumin seeds, food grains like rice, wheat, corn, sorghum and tea, pulses and agricultural feed like soya bean meal and rice bran de-oiled cake. It exports are to Bangladesh among other Asian Countries. It is also engaged in manufacturing of bags for men and women made of jute, cotton, canvas, and leather as well as various other fashion accessories for buyers based in European Countries like France, Italy, Germany, UAE and also in Australia. The company include three segments: Fashion Accessories, Merchant Export and Cold storage. Key revenue is generated from Merchant Export.
38GF Score
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