Sanima Mai Hydropower (XNEP:SHPC) Net Current Asset Value: NPR4.02 (As of Apr. 2026) — 97% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XNEP:SHPC Sanima Mai Hydropower Ltd XNEP:SHPC
75 GF Score
Price NPR489.00
GF Value NPR280.34
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Sanima Mai Hydropower Net Current Asset Value?

Sanima Mai Hydropower XNEP:SHPC +0.93% 75 Net Current Asset Value is NPR4.02 as of Apr. 2026, which is 100% below its 10-year median of 127.44. GuruFocus rates XNEP:SHPC with a GF Score™ of 75/100 and a GF Value™ of NPR280.34 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 106 Utilities - Independent Power Producers companies, Sanima Mai Hydropower ranks worse than 98.11% 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).

Sanima Mai Hydropower's net current asset value per share for the quarter that ended in Apr. 2026 was NPR4.02.

The historical rank and industry rank for Sanima Mai Hydropower's Net Current Asset Value or its related term are showing as below:

XNEP:SHPC' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 120.52   Med: 127.44   Max: 127.44
Current: 121.64

During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sanima Mai Hydropower was 127.44. The lowest was 120.52. And the median was 127.44.

XNEP:SHPC's Price-to-Net-Current-Asset-Value is ranked worse than
98.11% of 106 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.795 vs XNEP:SHPC: 121.64

Sanima Mai Hydropower  (XNEP:SHPC) 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 Graham’s 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.


Sanima Mai Hydropower Net Current Asset Value Related Terms


Sanima Mai Hydropower Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Sanima Mai Hydropower'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.

Sanima Mai Hydropower Net Current Asset Value Chart

Sanima Mai Hydropower Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.33 -18.76 -14.98 -12.16 -12.24

Sanima Mai Hydropower Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Apr26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.80 -15.21 -12.24 -5.65 4.02

Sanima Mai Hydropower Net Current Asset Value Competitor Comparison

For the Utilities - Renewable subindustry, Sanima Mai Hydropower'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.


Sanima Mai Hydropower Price-to-Net-Current-Asset-Value vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sanima Mai Hydropower's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Sanima Mai Hydropower's Price-to-Net-Current-Asset-Value falls into.


XNEP:SHPC
75GF Score
Sanima Mai Hydropower Ltd XNEP:SHPC
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanima Mai Hydropower Net Current Asset Value Calculation

Sanima Mai Hydropower's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jul. 2025 is calculated as

Net Current Asset Value Per Share(A: Jul. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(717.244-1174.962-0-0)/37.380
=-12.24

Sanima Mai Hydropower's Net Current Asset Value (NCAV) per share for the quarter that ended in Apr. 2026 is calculated as

Net Current Asset Value Per Share(Q: Apr. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(582.088-431.851-0-0)/37.380
=4.02

* 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 NPR4.02 mean?
Sanima Mai Hydropower (XNEP:SHPC) has a Net Current Asset Value of NPR4.02 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 Sanima Mai Hydropower and its competitors. This is 97% below median its historical median of 127.44. Over the past decade, Sanima Mai Hydropower's Net Current Asset Value has ranged from 120.52 to 127.44. According to the industry distribution chart, Sanima Mai Hydropower ranks #104 out of 106 companies in the Utilities - Independent Power Producers industry, placing it in the top 98.1%.
Is Sanima Mai Hydropower's Net Current Asset Value too high?
Sanima Mai Hydropower's current Net Current Asset Value of NPR4.02 is 97% below median its 10-year median of 127.44. Over the past 10 years, this metric has ranged from a low of 120.52 to a high of 127.44. Based on the distribution chart, Sanima Mai Hydropower ranks #104 out of 106 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Sanima Mai Hydropower has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanima Mai Hydropower's Net Current Asset Value compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Sanima Mai Hydropower ranks #104 out of 106 companies for Net Current Asset Value. This places Sanima Mai Hydropower in the lower half of its industry. The industry median Net Current Asset Value is 4.80. Historically, Sanima Mai Hydropower's own Net Current Asset Value has ranged from 120.52 to 127.44 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 Utilities - Independent Power Producers company?
The median Net Current Asset Value among Utilities - Independent Power Producers companies is 4.80, based on 106 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 Sanima Mai Hydropower and its competitors. For the Utilities - Independent Power Producers industry, the median Net Current Asset Value is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanima Mai Hydropower's current Net Current Asset Value is NPR4.02, which is 97% below median its own 10-year median of 127.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanima Mai Hydropower stock overvalued right now?
Based on GuruFocus' analysis, Sanima Mai Hydropower (XNEP:SHPC) is currently considered Significantly Overvalued. The stock's GF Value™ is NPR280.34, compared to a current price of NPR489.00 — trading 74.4% above its estimated fair value. The current Net Current Asset Value is NPR4.02, which is 97% below median its 10-year median of 127.44. Sanima Mai Hydropower's overall GF Score™ is 75/100 with 7 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 Sanima Mai Hydropower (XNEP:SHPC), the current Net Current Asset Value is NPR4.02 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.

Is Sanima Mai Hydropower (XNEP:SHPC) Overvalued in 2026?

Based on GuruFocus' analysis, Sanima Mai Hydropower stock appears to be overvalued. The current stock price of NPR489.00 is trading 74.4% above its estimated GF Value™ of NPR280.34. GuruFocus considers Sanima Mai Hydropower to be Significantly Overvalued.

Key valuation signals for XNEP:SHPC:

  • Net Current Asset Value: NPR4.02 (97% below median its 10-year median of 127.44)
  • GF Value™: NPR280.34 vs. price of NPR489.00 (74.4% above fair value)
  • GF Score™: 75/100 with 7 warning signs

No single metric tells the full story. See the XNEP:SHPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanima Mai Hydropower Business Description

Address KMC-4, Shankha Park, Dhumbarahi, P.O. Box 19737, Kathamandu, NPL
Sanima Mai Hydropower Ltd is a hydropower company. Its activity is to generate and sell hydroelectricity to the Nepal Electricity Authority. The company's operating segment include Mai Hydropower Plant and Mai Cascade Hydropower Plant. It generates maximum revenue from the Mai Hydropower Plant segment. The Mai Hydropower Project is a run-of-the-river hydropower plant with an installed capacity of 22MW.
75GF Score

Get the complete analysis for XNEP:SHPC

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NPR489.00
Price
NPR280.34
GF Value