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GTN IndustriesBOM:500170 +3.51%57 Net Current Asset Value is ₹9.75 as of Mar. 2026, which is 100% below its 10-year median of 1.94. GuruFocus rates BOM:500170 with a GF Score™ of 57/100 and a GF Value™ of ₹29.33 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 631 Manufacturing - Apparel & Accessories companies, GTN Industries ranks better than 57.37% 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).
GTN Industries's net current asset value per share for the quarter that ended in Mar. 2026 was ₹9.75.
The historical rank and industry rank for GTN Industries's Net Current Asset Value or its related term are showing as below:
BOM:500170'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.41 Med: 1.94 Max: 6.95
Current: 2.54
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of GTN Industries was 6.95. The lowest was 1.41. And the median was 1.94.
BOM:500170's Price-to-Net-Current-Asset-Value is ranked better than 57.37% of 631
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.98
vs BOM:500170: 2.54
GTN Industries (BOM:500170) 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.
GTN Industries Net Current Asset Value Related Terms
GTN Industries Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for GTN Industries'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.
GTN Industries Net Current Asset Value Competitor Comparison
For the Textile Manufacturing subindustry, GTN Industries'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.
GTN Industries Price-to-Net-Current-Asset-Value vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, GTN Industries's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where GTN Industries'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 ₹9.75 mean?
GTN Industries (BOM:500170) has a Net Current Asset Value of ₹9.75 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 GTN Industries and its competitors. This is 403% above median its historical median of 1.94. Over the past decade, GTN Industries' Net Current Asset Value has ranged from 1.41 to 6.95. According to the industry distribution chart, GTN Industries ranks #269 out of 631 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 42.6%.
Is GTN Industries' Net Current Asset Value too high?
GTN Industries' current Net Current Asset Value of ₹9.75 is 403% above median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 6.95. Based on the distribution chart, GTN Industries ranks #269 out of 631 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, GTN Industries has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GTN Industries' Net Current Asset Value compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, GTN Industries ranks #269 out of 631 companies for Net Current Asset Value. This puts GTN Industries in the upper half of its industry. The industry median Net Current Asset Value is 2.98. Historically, GTN Industries' own Net Current Asset Value has ranged from 1.41 to 6.95 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 Manufacturing - Apparel & Accessories company?
The median Net Current Asset Value among Manufacturing - Apparel & Accessories companies is 2.98, based on 631 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 GTN Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Current Asset Value is 2.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GTN Industries's current Net Current Asset Value is ₹9.75, which is 403% above median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GTN Industries stock overvalued right now?
Based on GuruFocus' analysis, GTN Industries (BOM:500170) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹29.33, compared to a current price of ₹24.80 — trading 15.4% below its estimated fair value. The current Net Current Asset Value is ₹9.75, which is 403% above median its 10-year median of 1.94. GTN Industries' overall GF Score™ is 57/100 with 5 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 GTN Industries (BOM:500170), the current Net Current Asset Value is ₹9.75 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 GTN Industries (BOM:500170) Overvalued in 2026?
Based on GuruFocus' analysis, GTN Industries stock appears to be undervalued.
The current stock price of ₹24.80 is trading 15.4% below its estimated GF Value™ of ₹29.33.
GuruFocus considers GTN Industries to be Modestly Undervalued.
Key valuation signals for BOM:500170:
Net Current Asset Value: ₹9.75 (403% above median its 10-year median of 1.94)
GF Value™: ₹29.33 vs. price of ₹24.80 (15.4% below fair value)
No single metric tells the full story. See the BOM:500170 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GTN Industries Ltd is engaged in the business of manufacturing and export of cotton yarn. Principally, it is also involved in the spinning and doubling of yarn. The textile division offers a range of grey yarns, knitted fabrics, knitted socks, and knitted lifestyle garments. The company's production facilities are located in the state of Telangana and Maharashtra, India.
57GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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