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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).
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Beijing GeoEnviron Engineering & Technology was 174.68. The lowest was 174.68. And the median was 174.68.
SHSE:603588's Price-to-Net-Current-Asset-Value is not ranked *
in the Waste Management industry.
Industry Median: 4.59 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Beijing GeoEnviron Engineering & Technology (SHSE:603588) 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.
Beijing GeoEnviron Engineering & Technology Net Current Asset Value Related Terms
Beijing GeoEnviron Engineering & Technology Net Current Asset Value Historical Data
* 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.
Beijing GeoEnviron Engineering & Technology Net Current Asset Value Chart
Beijing GeoEnviron Engineering & Technology Annual Data
SHSE:603588 vs WM, RSG, WCN: Net Current Asset Value Comparison
For the Waste Management subindustry, Beijing GeoEnviron Engineering & Technology'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.
Beijing GeoEnviron Engineering & Technology Price-to-Net-Current-Asset-Value vs Waste Management Industry
For the Waste Management industry and Industrials sector, Beijing GeoEnviron Engineering & Technology's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Beijing GeoEnviron Engineering & Technology'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 ¥-1.47 mean?
Beijing GeoEnviron Engineering & Technology (SHSE:603588) has a Net Current Asset Value of ¥-1.47 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 Beijing GeoEnviron Engineering & Technology and its competitors. Over the past decade, Beijing GeoEnviron Engineering & Technology's Net Current Asset Value has ranged from 174.68 to 174.68. According to the industry distribution chart, Beijing GeoEnviron Engineering & Technology ranks #999999 out of 97 companies in the Waste Management industry.
Is Beijing GeoEnviron Engineering & Technology's Net Current Asset Value too high?
Beijing GeoEnviron Engineering & Technology's current Net Current Asset Value is ¥-1.47. Over the past 10 years, this metric has ranged from a low of 174.68 to a high of 174.68. Based on the distribution chart, Beijing GeoEnviron Engineering & Technology ranks #999999 out of 97 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Beijing GeoEnviron Engineering & Technology has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beijing GeoEnviron Engineering & Technology's Net Current Asset Value compare to WM and RSG?
According to the Waste Management industry distribution chart, Beijing GeoEnviron Engineering & Technology ranks #999999 out of 97 companies for Net Current Asset Value. This places Beijing GeoEnviron Engineering & Technology in the lower half of its industry. The industry median Net Current Asset Value is 4.59. Historically, Beijing GeoEnviron Engineering & Technology's own Net Current Asset Value has ranged from 174.68 to 174.68 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 Waste Management company?
The median Net Current Asset Value among Waste Management companies is 4.59, based on 97 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 Beijing GeoEnviron Engineering & Technology and its competitors. For the Waste Management industry, the median Net Current Asset Value is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing GeoEnviron Engineering & Technology's current Net Current Asset Value is ¥-1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing GeoEnviron Engineering & Technology stock overvalued right now?
Based on GuruFocus' analysis, Beijing GeoEnviron Engineering & Technology (SHSE:603588) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥9.30, compared to a current price of ¥14.10 — trading 51.6% above its estimated fair value. The current Net Current Asset Value is ¥-1.47. Beijing GeoEnviron Engineering & Technology's overall GF Score™ is 62/100 with 8 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 Beijing GeoEnviron Engineering & Technology (SHSE:603588), the current Net Current Asset Value is ¥-1.47 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 Beijing GeoEnviron Engineering & Technology (SHSE:603588) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing GeoEnviron Engineering & Technology stock appears to be overvalued.
The current stock price of ¥14.10 is trading 51.6% above its estimated GF Value™ of ¥9.30.
GuruFocus considers Beijing GeoEnviron Engineering & Technology to be Significantly Overvalued.
Key valuation signals for SHSE:603588:
Net Current Asset Value: ¥-1.47
GF Value™: ¥9.30 vs. price of ¥14.10 (51.6% above fair value)
No single metric tells the full story. See the SHSE:603588 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing GeoEnviron Engineering & Technology Inc is specialized in the environmental technology research and the provision of solutions for the pollution control system. The company provides various services such as Urban 360 Environmental Manager that removes medical waste and hazardous wastes disposal, Kitchen waste treatment, Sludge disposal and others. Industrial Environment involves treatment of industrial wastewater and treatment of industrial solid waste, and Environment Remediation is engaged in remediation of the industrial site, underground water remediation, landfill remediation and farmland remediation.
62GF Score
Get the complete analysis for SHSE:603588
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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