Seva MiningONVEF 35 Net Current Asset Value is $0.21 as of Apr. 2026, which is 99% below its 10-year median of 21.67. GuruFocus rates ONVEF with a GF Score™ of 35/100. The stock has 1 warning sign investors should review. Among 1,338 Metals & Mining companies, Seva Mining ranks better than 95.81% 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).
Seva Mining's net current asset value per share for the quarter that ended in Apr. 2026 was $0.21.
The historical rank and industry rank for Seva Mining's Net Current Asset Value or its related term are showing as below:
ONVEF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.06 Med: 21.67 Max: 37.5
Current: 1.06
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Seva Mining was 37.50. The lowest was 1.06. And the median was 21.67.
ONVEF's Price-to-Net-Current-Asset-Value is ranked better than 95.81% of 1338
companies
in the Metals & Mining industry
Industry Median: 6.775
vs ONVEF: 1.06
Seva Mining (OTCPK:ONVEF) 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.
Seva Mining Net Current Asset Value Related Terms
Seva Mining Net Current Asset Value Historical Data
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The historical data trend for Seva Mining'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.
ONVEF vs NEM, AU: Net Current Asset Value Comparison
For the Gold subindustry, Seva Mining'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.
Seva Mining Price-to-Net-Current-Asset-Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Seva Mining's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Seva Mining'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 $0.21 mean?
Seva Mining (ONVEF) has a Net Current Asset Value of $0.21 as of Apr. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Seva Mining and its competitors. This is 99% below median its historical median of 21.67. Over the past decade, Seva Mining's Net Current Asset Value has ranged from 1.06 to 37.50. According to the industry distribution chart, Seva Mining ranks #56 out of 1338 companies in the Metals & Mining industry, placing it in the top 4.2%.
Is Seva Mining's Net Current Asset Value too high?
Seva Mining's current Net Current Asset Value of $0.21 is 99% below median its 10-year median of 21.67. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 37.50. The Metals & Mining industry median Net Current Asset Value is 6.78. Seva Mining's value of $0.21 is 96.9% below this industry median. Based on the distribution chart, Seva Mining ranks #56 out of 1338 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Seva Mining has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Seva Mining's Net Current Asset Value compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Seva Mining ranks #56 out of 1338 companies for Net Current Asset Value. This places Seva Mining in the top 4% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 6.78. Seva Mining's value of $0.21 is 96.9% below this benchmark. Historically, Seva Mining's own Net Current Asset Value has ranged from 1.06 to 37.50 over the past decade. While the company's 10-year median is 21.67 vs. the industry median of 6.78, Seva Mining has consistently been below the industry average. 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 Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 6.78, based on 1,338 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. Seva Mining's current Net Current Asset Value of $0.21 is 96.9% below the industry median. 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 Seva Mining and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seva Mining's current Net Current Asset Value is $0.21, which is 99% below median its own 10-year median of 21.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seva Mining stock overvalued right now?
Seva Mining (ONVEF) has a current Net Current Asset Value of $0.21. The current Net Current Asset Value is $0.21, which is 99% below median its 10-year median of 21.67 and 96.9% below the Metals & Mining industry median of 6.78. Seva Mining's overall GF Score™ is 35/100 with 1 warning sign 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 Seva Mining (ONVEF), the current Net Current Asset Value is $0.21 as of Apr. 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.
Seva Mining Corp is a Canadian gold exploration and development company backed by the Fiore Group and anchored by the Cameron Gold Project in Northwestern Ontario. The Company focuses on unlocking the full discovery potential of the Cameron Project through systematic modern exploration while delivering long-term value for shareholders.
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