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).
Starcore International Mines's net current asset value per share for the quarter that ended in Jan. 2026 was $0.00.
The historical rank and industry rank for Starcore International Mines's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Starcore International Mines was 51.00. The lowest was 5.17. And the median was 8.25.
SHVLF's Price-to-Net-Current-Asset-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 6.5 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Starcore International Mines (OTCPK:SHVLF) 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.
Starcore International Mines Net Current Asset Value Related Terms
Starcore International Mines 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.
Starcore International Mines Net Current Asset Value Chart
Starcore International Mines Net Current Asset Value Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Starcore International Mines'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.
Starcore International Mines Price-to-Net-Current-Asset-Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Starcore International Mines's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Starcore International Mines'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 $0.00 mean?
Starcore International Mines (SHVLF) has a Net Current Asset Value of $0.00 as of Jan. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Starcore International Mines and its competitors. Over the past decade, Starcore International Mines' Net Current Asset Value has ranged from 5.17 to 51.00. According to the industry distribution chart, Starcore International Mines ranks #999999 out of 1332 companies in the Metals & Mining industry.
Is Starcore International Mines' Net Current Asset Value too high?
Starcore International Mines' current Net Current Asset Value is $0.00. Over the past 10 years, this metric has ranged from a low of 5.17 to a high of 51.00. Based on the distribution chart, Starcore International Mines ranks #999999 out of 1332 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Starcore International Mines has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Starcore International Mines' Net Current Asset Value compare to competitors?
According to the Metals & Mining industry distribution chart, Starcore International Mines ranks #999999 out of 1332 companies for Net Current Asset Value. This places Starcore International Mines in the lower half of its industry. The industry median Net Current Asset Value is 6.50. Historically, Starcore International Mines' own Net Current Asset Value has ranged from 5.17 to 51.00 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 Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 6.50, based on 1,332 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 Starcore International Mines and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starcore International Mines's current Net Current Asset Value is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starcore International Mines stock overvalued right now?
Based on GuruFocus' analysis, Starcore International Mines (SHVLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.14, compared to a current price of $0.35 — trading 153.1% above its estimated fair value. The current Net Current Asset Value is $0.00. Starcore International Mines' overall GF Score™ is 43/100 with 4 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 Starcore International Mines (SHVLF), the current Net Current Asset Value is $0.00 as of Jan. 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 Starcore International Mines (SHVLF) Overvalued in 2026?
Based on GuruFocus' analysis, Starcore International Mines stock appears to be overvalued.
The current stock price of $0.35 is trading 153.1% above its estimated GF Value™ of $0.14.
GuruFocus considers Starcore International Mines to be Significantly Overvalued.
Key valuation signals for SHVLF:
Net Current Asset Value: $0.00
GF Value™: $0.14 vs. price of $0.35 (153.1% above fair value)
No single metric tells the full story. See the SHVLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Starcore International Mines Ltd is in the business of exploration, development, and production of minerals. It has got products in various stages The San Martin being the primary source of operating cash flows. In Mexico, the business holds an interest in the silver and gold processing plant. Some of its projects include San Martin, El Creston, and Toiyabe among others. The majority of the organization's revenue comes from Bernal, Mexico. The Company is also engaged in acquiring mining related operating assets and exploration assets in North America and West Africa directly and through corporate acquisitions.
43GF Score
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