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ELM CoSAU:7203 -3.27%94 Net Current Asset Value is ﷼20.41 as of Mar. 2026, which is 100% below its 10-year median of 22.12. GuruFocus rates SAU:7203 with a GF Score™ of 94/100 and a GF Value™ of ﷼1,461.61 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,758 Software companies, ELM Co ranks worse than 92.09% 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).
ELM Co's net current asset value per share for the quarter that ended in Mar. 2026 was ﷼20.41.
The historical rank and industry rank for ELM Co's Net Current Asset Value or its related term are showing as below:
SAU:7203'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 8.48 Med: 22.12 Max: 66.63
Current: 32.63
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of ELM Co was 66.63. The lowest was 8.48. And the median was 22.12.
SAU:7203's Price-to-Net-Current-Asset-Value is ranked worse than 92.09% of 1758
companies
in the Software industry
Industry Median: 4.705
vs SAU:7203: 32.63
ELM Co (SAU:7203) 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.
ELM Co Net Current Asset Value Related Terms
ELM Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for ELM Co'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.
SAU:7203 vs IBM, ACN, FISV: Net Current Asset Value Comparison
For the Information Technology Services subindustry, ELM Co'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.
ELM Co Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, ELM Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where ELM Co'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 ﷼20.41 mean?
ELM Co (SAU:7203) has a Net Current Asset Value of ﷼20.41 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 ELM Co and its competitors. This is near median its historical median of 22.12. Over the past decade, ELM Co's Net Current Asset Value has ranged from 8.48 to 66.63. According to the industry distribution chart, ELM Co ranks #1619 out of 1758 companies in the Software industry, placing it in the top 92.1%.
Is ELM Co's Net Current Asset Value too high?
ELM Co's current Net Current Asset Value of ﷼20.41 is near median its 10-year median of 22.12. Over the past 10 years, this metric has ranged from a low of 8.48 to a high of 66.63. Based on the distribution chart, ELM Co ranks #1619 out of 1758 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, ELM Co has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ELM Co's Net Current Asset Value compare to IBM and ACN?
According to the Software industry distribution chart, ELM Co ranks #1619 out of 1758 companies for Net Current Asset Value. This places ELM Co in the lower half of its industry. The industry median Net Current Asset Value is 4.71. Historically, ELM Co's own Net Current Asset Value has ranged from 8.48 to 66.63 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 ELM Co 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. ELM Co's current Net Current Asset Value is ﷼20.41, which is near median its own 10-year median of 22.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ELM Co stock overvalued right now?
Based on GuruFocus' analysis, ELM Co (SAU:7203) is currently considered Significantly Undervalued. The stock's GF Value™ is ﷼1,461.61, compared to a current price of ﷼666.00 — trading 54.4% below its estimated fair value. The current Net Current Asset Value is ﷼20.41, which is near median its 10-year median of 22.12. ELM Co's overall GF Score™ is 94/100 with 2 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 ELM Co (SAU:7203), the current Net Current Asset Value is ﷼20.41 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 ELM Co (SAU:7203) Overvalued in 2026?
Based on GuruFocus' analysis, ELM Co stock appears to be undervalued.
The current stock price of ﷼666.00 is trading 54.4% below its estimated GF Value™ of ﷼1,461.61.
GuruFocus considers ELM Co to be Significantly Undervalued.
Key valuation signals for SAU:7203:
Net Current Asset Value: ﷼20.41 (near median its 10-year median of 22.12)
GF Value™: ﷼1,461.61 vs. price of ﷼666.00 (54.4% below fair value)
No single metric tells the full story. See the SAU:7203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ELM Co mainly offers ready-made and customized digital solutions across different areas. Its ready-made solutions serve a broad segment of customers, who can subscribe to different packages of their choosing to meet their needs and satisfy business requirements. The services offered by the group include consulting, digital products, technical solutions, and business outsourcing, among others. The group's reportable segments are: Digital business, Business process outsourcing, and Professional services. Maximum revenue is generated from the Digital business, which includes ready-to-use solutions in the form of technical services, portals, electronic applications, and related support work, developed by the group to solve an existing problem or fill an existing service gap for its clients.
94GF 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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