Goldstar Power (NSE:GOLDSTAR) Net-Net Working Capital: ₹-0.26 (As of Mar. 2025)

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NSE:GOLDSTAR Goldstar Power Ltd NSE:GOLDSTAR
77 GF Score
Price ₹6.80
GF Value ₹11.13
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Goldstar Power Net-Net Working Capital?

Goldstar Power NSE:GOLDSTAR 77 Net-Net Working Capital is ₹-0.26 as of Mar. 2025. GuruFocus rates NSE:GOLDSTAR with a GF Score™ of 77/100 and a GF Value™ of ₹11.13 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,354 Industrial Products companies, Goldstar Power ranks worse than 73855.17% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Goldstar Power's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ₹-0.26.

The industry rank for Goldstar Power's Net-Net Working Capital or its related term are showing as below:

NSE:GOLDSTAR's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 8.22
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Goldstar Power  (NSE:GOLDSTAR) Net-Net Working Capital Explanation

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 value. They are collected under our Net-Net screener.


Goldstar Power Net-Net Working Capital Related Terms


Goldstar Power Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Goldstar Power's Net-Net Working Capital 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.

Goldstar Power Net-Net Working Capital Chart

Goldstar Power Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.12 -0.50 -0.23 -0.46 -0.26

Goldstar Power Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.12 -0.50 -0.23 -0.46 -0.26

NSE:GOLDSTAR vs VRT, BE: Net-Net Working Capital Comparison

For the Electrical Equipment & Parts subindustry, Goldstar Power's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


Goldstar Power Price-to-Net-Net-Working-Capital vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Goldstar Power's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Goldstar Power's Price-to-Net-Net-Working-Capital falls into.


NSE:GOLDSTAR
77GF Score
Goldstar Power Ltd NSE:GOLDSTAR
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goldstar Power Net-Net Working Capital Calculation

Goldstar Power's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2025 is calculated as

Net-Net Working Capital(A: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.744+0.75 * 140.739+0.5 * 80.226-209.615
-0-0)/240.705
=-0.26

Goldstar Power's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.744+0.75 * 140.739+0.5 * 80.226-209.615
-0-0)/240.705
=-0.26

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

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.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of ₹-0.26 mean?
Goldstar Power (NSE:GOLDSTAR) has a Net-Net Working Capital of ₹-0.26 as of Mar. 2025. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Goldstar Power According to the industry distribution chart, Goldstar Power ranks #999999 out of 1354 companies in the Industrial Products industry.
Is Goldstar Power's Net-Net Working Capital too high?
Goldstar Power's current Net-Net Working Capital is ₹-0.26. Based on the distribution chart, Goldstar Power ranks #999999 out of 1354 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Goldstar Power has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goldstar Power's Net-Net Working Capital compare to VRT and BE?
According to the Industrial Products industry distribution chart, Goldstar Power ranks #999999 out of 1354 companies for Net-Net Working Capital. This places Goldstar Power in the lower half of its industry. The industry median Net-Net Working Capital is 8.22. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for an Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 8.22, based on 1,354 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital 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-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Goldstar Power For the Industrial Products industry, the median Net-Net Working Capital is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldstar Power's current Net-Net Working Capital is ₹-0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldstar Power stock overvalued right now?
Based on GuruFocus' analysis, Goldstar Power (NSE:GOLDSTAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹11.13, compared to a current price of ₹6.80 — trading 38.9% below its estimated fair value. The current Net-Net Working Capital is ₹-0.26. Goldstar Power's overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Goldstar Power (NSE:GOLDSTAR), the current Net-Net Working Capital is ₹-0.26 as of Mar. 2025. 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 Goldstar Power (NSE:GOLDSTAR) Overvalued in 2026?

Based on GuruFocus' analysis, Goldstar Power stock appears to be undervalued. The current stock price of ₹6.80 is trading 38.9% below its estimated GF Value™ of ₹11.13. GuruFocus considers Goldstar Power to be Significantly Undervalued.

Key valuation signals for NSE:GOLDSTAR:

  • Net-Net Working Capital: ₹-0.26
  • GF Value™: ₹11.13 vs. price of ₹6.80 (38.9% below fair value)
  • GF Score™: 77/100 with 3 warning signs

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


Goldstar Power Business Description

Address Rajkot Highway, Behind Ravi Petrol Pump, At & Post Hapa, Jamanagar, GJ, IND, 361120
Goldstar Power Ltd is a battery manufacturing company. It sells its products under the brand GOLDSTAR that includes Fully Automotive Batteries for Car, Tractor, and Heavy Duty Trucks, Tubular Batteries for E-Rickshaw, SMF-VRLA Batteries for UPS Application, Motorcycle Batteries, Solar Batteries, Pure Lead, and Alloy. The company has two reportable segments: Manufacturing of Battery, Lead Alloy, and Trading of Inverter, Chemicals & other battery related equipment. Key revenue is generated from the Manufacturing of Battery, Lead Alloy segment.
77GF Score

Get the complete analysis for NSE:GOLDSTAR

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

₹6.80
Price
₹11.13
GF Value