Sigma Solve (NSE:SIGMA) Net Current Asset Value: ₹2.03 (As of Mar. 2026) — 89% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SIGMA Sigma Solve Ltd NSE:SIGMA
88 GF Score
Price ₹38.26
GF Value ₹58.82
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Sigma Solve Net Current Asset Value?

Sigma Solve NSE:SIGMA +0.10% 88 Net Current Asset Value is ₹2.03 as of Mar. 2026, which is 100% below its 10-year median of 17.94. GuruFocus rates NSE:SIGMA with a GF Score™ of 88/100 and a GF Value™ of ₹58.82 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,758 Software companies, Sigma Solve ranks worse than 85.95% 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).

Sigma Solve's net current asset value per share for the quarter that ended in Mar. 2026 was ₹2.03.

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

NSE:SIGMA' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 11.01   Med: 17.94   Max: 27.35
Current: 19.03

During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sigma Solve was 27.35. The lowest was 11.01. And the median was 17.94.

NSE:SIGMA's Price-to-Net-Current-Asset-Value is ranked worse than
85.95% of 1758 companies
in the Software industry
Industry Median: 4.71 vs NSE:SIGMA: 19.03

Sigma Solve  (NSE:SIGMA) 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.


Sigma Solve Net Current Asset Value Related Terms


Sigma Solve Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Sigma Solve'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.

Sigma Solve Net Current Asset Value Chart

Sigma Solve Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only 0.26 -1.48 1.30 2.19 2.03

Sigma Solve Quarterly Data
Mar20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only 2.19 0.00 1.05 0.00 2.03

NSE:SIGMA vs IBM, ACN, FISV: Net Current Asset Value Comparison

For the Information Technology Services subindustry, Sigma Solve'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.


Sigma Solve Price-to-Net-Current-Asset-Value vs Software Industry

For the Software industry and Technology sector, Sigma Solve's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


NSE:SIGMA
88GF Score
Sigma Solve Ltd NSE:SIGMA
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sigma Solve Net Current Asset Value Calculation

Sigma Solve'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)
=(330.368-121.288-0.261-0)/102.775
=2.03

Sigma Solve'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)
=(330.368-121.288-0.261-0)/102.775
=2.03

* 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 ₹2.03 mean?
Sigma Solve (NSE:SIGMA) has a Net Current Asset Value of ₹2.03 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 Sigma Solve and its competitors. This is 89% below median its historical median of 17.94. Over the past decade, Sigma Solve's Net Current Asset Value has ranged from 11.01 to 27.35. According to the industry distribution chart, Sigma Solve ranks #1511 out of 1758 companies in the Software industry, placing it in the top 85.9%.
Is Sigma Solve's Net Current Asset Value too high?
Sigma Solve's current Net Current Asset Value of ₹2.03 is 89% below median its 10-year median of 17.94. Over the past 10 years, this metric has ranged from a low of 11.01 to a high of 27.35. Based on the distribution chart, Sigma Solve ranks #1511 out of 1758 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Sigma Solve has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sigma Solve's Net Current Asset Value compare to IBM and ACN?
According to the Software industry distribution chart, Sigma Solve ranks #1511 out of 1758 companies for Net Current Asset Value. This places Sigma Solve in the lower half of its industry. The industry median Net Current Asset Value is 4.71. Historically, Sigma Solve's own Net Current Asset Value has ranged from 11.01 to 27.35 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 4.71, 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 Sigma Solve and its competitors. For the Software industry, the median Net Current Asset Value is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sigma Solve's current Net Current Asset Value is ₹2.03, which is 89% below median its own 10-year median of 17.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sigma Solve stock overvalued right now?
Based on GuruFocus' analysis, Sigma Solve (NSE:SIGMA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹58.82, compared to a current price of ₹38.26 — trading 35% below its estimated fair value. The current Net Current Asset Value is ₹2.03, which is 89% below median its 10-year median of 17.94. Sigma Solve's overall GF Score™ is 88/100 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 Sigma Solve (NSE:SIGMA), the current Net Current Asset Value is ₹2.03 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 Sigma Solve (NSE:SIGMA) Overvalued in 2026?

Based on GuruFocus' analysis, Sigma Solve stock appears to be undervalued. The current stock price of ₹38.26 is trading 35% below its estimated GF Value™ of ₹58.82. GuruFocus considers Sigma Solve to be Significantly Undervalued.

Key valuation signals for NSE:SIGMA:

  • Net Current Asset Value: ₹2.03 (89% below median its 10-year median of 17.94)
  • GF Value™: ₹58.82 vs. price of ₹38.26 (35% below fair value)
  • GF Score™: 88/100 with 3 warning signs

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


Sigma Solve Business Description

Other Exchanges 543917:India
Address Sindhu Bhavan Road, S G Highway, 801-803, PV Enclave, ICICI Bank Lane Road, Bodakdev, Ahmedabad, GJ, IND, 380054
Sigma Solve Ltd is involved in providing enterprise software solutions. The company provides services related to Web and E-commerce development, Real-time application development, Business Intelligence Analytics, CRM development, Digital marketing, UI and UX design, Automation testing, and Quality assurance. The firm generates revenue from the export of services.
88GF Score

Get the complete analysis for NSE:SIGMA

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹38.26
Price
₹58.82
GF Value