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Sarda Energy & MineralsNSE:SARDAEN +0.94%93 Net Current Asset Value is ₹11.83 as of Mar. 2026, which is 100% below its 10-year median of 21.88. GuruFocus rates NSE:SARDAEN with a GF Score™ of 93/100 and a GF Value™ of ₹533.24 (Fairly Valued). Among 369 Steel companies, Sarda Energy & Minerals ranks worse than 96.75% 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).
Sarda Energy & Minerals's net current asset value per share for the quarter that ended in Mar. 2026 was ₹11.83.
The historical rank and industry rank for Sarda Energy & Minerals's Net Current Asset Value or its related term are showing as below:
NSE:SARDAEN'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 14 Med: 21.88 Max: 44.26
Current: 43.67
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sarda Energy & Minerals was 44.26. The lowest was 14.00. And the median was 21.88.
NSE:SARDAEN's Price-to-Net-Current-Asset-Value is ranked worse than 96.75% of 369
companies
in the Steel industry
Industry Median: 2.94
vs NSE:SARDAEN: 43.67
Sarda Energy & Minerals (NSE:SARDAEN) 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.
Sarda Energy & Minerals Net Current Asset Value Related Terms
Sarda Energy & Minerals Net Current Asset Value Historical Data
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The historical data trend for Sarda Energy & Minerals'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.
Sarda Energy & Minerals Net Current Asset Value Chart
NSE:SARDAEN vs NUE, STLD, RS: Net Current Asset Value Comparison
For the Steel subindustry, Sarda Energy & Minerals'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.
Sarda Energy & Minerals Price-to-Net-Current-Asset-Value vs Steel Industry
For the Steel industry and Basic Materials sector, Sarda Energy & Minerals's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Sarda Energy & Minerals'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 ₹11.83 mean?
Sarda Energy & Minerals (NSE:SARDAEN) has a Net Current Asset Value of ₹11.83 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 Sarda Energy & Minerals and its competitors. This is 46% below median its historical median of 21.88. Over the past decade, Sarda Energy & Minerals' Net Current Asset Value has ranged from 14.00 to 44.26. According to the industry distribution chart, Sarda Energy & Minerals ranks #357 out of 369 companies in the Steel industry, placing it in the top 96.7%.
Is Sarda Energy & Minerals' Net Current Asset Value too high?
Sarda Energy & Minerals' current Net Current Asset Value of ₹11.83 is 46% below median its 10-year median of 21.88. Over the past 10 years, this metric has ranged from a low of 14.00 to a high of 44.26. Based on the distribution chart, Sarda Energy & Minerals ranks #357 out of 369 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Sarda Energy & Minerals has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sarda Energy & Minerals' Net Current Asset Value compare to NUE and STLD?
According to the Steel industry distribution chart, Sarda Energy & Minerals ranks #357 out of 369 companies for Net Current Asset Value. This places Sarda Energy & Minerals in the lower half of its industry. The industry median Net Current Asset Value is 2.94. Historically, Sarda Energy & Minerals' own Net Current Asset Value has ranged from 14.00 to 44.26 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 Steel company?
The median Net Current Asset Value among Steel companies is 2.94, based on 369 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 Sarda Energy & Minerals and its competitors. For the Steel industry, the median Net Current Asset Value is 2.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sarda Energy & Minerals's current Net Current Asset Value is ₹11.83, which is 46% below median its own 10-year median of 21.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sarda Energy & Minerals stock overvalued right now?
Based on GuruFocus' analysis, Sarda Energy & Minerals (NSE:SARDAEN) is currently considered Fairly Valued. The stock's GF Value™ is ₹533.24, compared to a current price of ₹516.60 — trading 3.1% below its estimated fair value. The current Net Current Asset Value is ₹11.83, which is 46% below median its 10-year median of 21.88. Sarda Energy & Minerals' overall GF Score™ is 93/100. 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 Sarda Energy & Minerals (NSE:SARDAEN), the current Net Current Asset Value is ₹11.83 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 Sarda Energy & Minerals (NSE:SARDAEN) Overvalued in 2026?
Based on GuruFocus' analysis, Sarda Energy & Minerals stock appears to be undervalued.
The current stock price of ₹516.60 is trading 3.1% below its estimated GF Value™ of ₹533.24.
GuruFocus considers Sarda Energy & Minerals to be Fairly Valued.
Key valuation signals for NSE:SARDAEN:
Net Current Asset Value: ₹11.83 (46% below median its 10-year median of 21.88)
GF Value™: ₹533.24 vs. price of ₹516.60 (3.1% below fair value)
No single metric tells the full story. See the NSE:SARDAEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sarda Energy & Minerals Ltd is an Indian based company has integrated steel manufacturing facility starting from iron ore mining to the finished steel in the form of wire rod and H.B. wire and also through its subsidiary engaged in the business of generation of power. It is also provides manufacturer and exporter of Ferro Alloys and promoted hydropower projects through SPVs. The group operates in the business segment of Steel, Ferro Alloys, and Power. It generates a majority of its revenue from the Steel segment. The company's products include Pellets, Sponge Iron (DRI), Steel Billets & Wire Rods, Ferro Alloys, Power, and Eco-Bricks Mining.
93GF Score
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