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Elhim Iskra ADXBUL:ELHM 26 Net Current Asset Value is €0.09 as of Mar. 2026, which is 100% below its 10-year median of 3.41. GuruFocus rates XBUL:ELHM with a GF Score™ of 26/100 and a GF Value™ of €0.65 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,216 Industrial Products companies, Elhim Iskra AD ranks better than 80.51% 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).
Elhim Iskra AD's net current asset value per share for the quarter that ended in Mar. 2026 was €0.09.
The historical rank and industry rank for Elhim Iskra AD's Net Current Asset Value or its related term are showing as below:
XBUL:ELHM'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.04 Med: 3.41 Max: 6.08
Current: 2.09
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Elhim Iskra AD was 6.08. The lowest was 2.04. And the median was 3.41.
XBUL:ELHM's Price-to-Net-Current-Asset-Value is ranked better than 80.51% of 2216
companies
in the Industrial Products industry
Industry Median: 5.18
vs XBUL:ELHM: 2.09
Elhim Iskra AD (XBUL:ELHM) 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.
Elhim Iskra AD Net Current Asset Value Related Terms
Elhim Iskra AD Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Elhim Iskra AD'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.
XBUL:ELHM vs VRT, BE, HUBB: Net Current Asset Value Comparison
For the Electrical Equipment & Parts subindustry, Elhim Iskra AD'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.
Elhim Iskra AD Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elhim Iskra AD's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Elhim Iskra AD'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 €0.09 mean?
Elhim Iskra AD (XBUL:ELHM) has a Net Current Asset Value of €0.09 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 Elhim Iskra AD and its competitors. This is 97% below median its historical median of 3.41. Over the past decade, Elhim Iskra AD's Net Current Asset Value has ranged from 2.04 to 6.08. According to the industry distribution chart, Elhim Iskra AD ranks #432 out of 2216 companies in the Industrial Products industry, placing it in the top 19.5%.
Is Elhim Iskra AD's Net Current Asset Value too high?
Elhim Iskra AD's current Net Current Asset Value of €0.09 is 97% below median its 10-year median of 3.41. Over the past 10 years, this metric has ranged from a low of 2.04 to a high of 6.08. Based on the distribution chart, Elhim Iskra AD ranks #432 out of 2216 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Elhim Iskra AD has a GF Score™ of 26/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elhim Iskra AD's Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, Elhim Iskra AD ranks #432 out of 2216 companies for Net Current Asset Value. This places Elhim Iskra AD in the top 20% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.18. Historically, Elhim Iskra AD's own Net Current Asset Value has ranged from 2.04 to 6.08 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.18, based on 2,216 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 Elhim Iskra AD and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elhim Iskra AD's current Net Current Asset Value is €0.09, which is 97% below median its own 10-year median of 3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elhim Iskra AD stock overvalued right now?
Based on GuruFocus' analysis, Elhim Iskra AD (XBUL:ELHM) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.65, compared to a current price of €0.19 — trading 71.1% below its estimated fair value. The current Net Current Asset Value is €0.09, which is 97% below median its 10-year median of 3.41. Elhim Iskra AD's overall GF Score™ is 26/100 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 Elhim Iskra AD (XBUL:ELHM), the current Net Current Asset Value is €0.09 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 Elhim Iskra AD (XBUL:ELHM) Overvalued in 2026?
Based on GuruFocus' analysis, Elhim Iskra AD stock appears to be undervalued.
The current stock price of €0.19 is trading 71.1% below its estimated GF Value™ of €0.65.
GuruFocus considers Elhim Iskra AD to be Significantly Undervalued.
Key valuation signals for XBUL:ELHM:
Net Current Asset Value: €0.09 (97% below median its 10-year median of 3.41)
GF Value™: €0.65 vs. price of €0.19 (71.1% below fair value)
No single metric tells the full story. See the XBUL:ELHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elhim Iskra AD manufactures lead-acid starter and traction batteries. The batteries are used in the equipment of motor vehicles, agricultural machinery, warehousing equipment, road construction machinery, under-floating equipment, railway transport, electric cars and golf carts, photovoltaic and wind power plants, among others.
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