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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).
Katare Spinning Mills's net current asset value per share for the quarter that ended in Mar. 2026 was ₹-778,117.86.
The historical rank and industry rank for Katare Spinning Mills's Net Current Asset Value or its related term are showing as below:
BOM:502933's Price-to-Net-Current-Asset-Value is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 2.97 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Katare Spinning Mills (BOM:502933) 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.
Katare Spinning Mills Net Current Asset Value Related Terms
Katare Spinning Mills Net Current Asset Value Historical Data
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The historical data trend for Katare Spinning Mills'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.
Katare Spinning Mills Net Current Asset Value Chart
Katare Spinning Mills Net Current Asset Value Competitor Comparison
For the Textile Manufacturing subindustry, Katare Spinning Mills'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.
Katare Spinning Mills Price-to-Net-Current-Asset-Value vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Katare Spinning Mills's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Katare Spinning Mills'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 ₹-778,117.86 mean?
Katare Spinning Mills (BOM:502933) has a Net Current Asset Value of ₹-778,117.86 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 Katare Spinning Mills and its competitors. According to the industry distribution chart, Katare Spinning Mills ranks #999999 out of 631 companies in the Manufacturing - Apparel & Accessories industry.
Is Katare Spinning Mills' Net Current Asset Value too high?
Katare Spinning Mills' current Net Current Asset Value is ₹-778,117.86. Based on the distribution chart, Katare Spinning Mills ranks #999999 out of 631 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Katare Spinning Mills has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Katare Spinning Mills' Net Current Asset Value compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Katare Spinning Mills ranks #999999 out of 631 companies for Net Current Asset Value. This places Katare Spinning Mills in the lower half of its industry. The industry median Net Current Asset Value is 2.97. 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 2.97, 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 Katare Spinning Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Current Asset Value is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Katare Spinning Mills's current Net Current Asset Value is ₹-778,117.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Katare Spinning Mills stock overvalued right now?
Based on GuruFocus' analysis, Katare Spinning Mills (BOM:502933) is currently considered Fairly Valued. The stock's GF Value™ is ₹100.85, compared to a current price of ₹99.20 — trading 1.6% below its estimated fair value. The current Net Current Asset Value is ₹-778,117.86. Katare Spinning Mills' overall GF Score™ is 43/100 with 10 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 Katare Spinning Mills (BOM:502933), the current Net Current Asset Value is ₹-778,117.86 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 Katare Spinning Mills (BOM:502933) Overvalued in 2026?
Based on GuruFocus' analysis, Katare Spinning Mills stock appears to be undervalued.
The current stock price of ₹99.20 is trading 1.6% below its estimated GF Value™ of ₹100.85.
GuruFocus considers Katare Spinning Mills to be Fairly Valued.
Key valuation signals for BOM:502933:
Net Current Asset Value: ₹-778,117.86
GF Value™: ₹100.85 vs. price of ₹99.20 (1.6% below fair value)
No single metric tells the full story. See the BOM:502933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Katare Spinning Mills Ltd is an India-based company. It is engaged in the business of manufacturing of cotton yarn, solar power generation, and hospitality. Katare Spinning Mills operates through various segments that are Spinning Division and Solar Power. The Spinning Mill segment generates maximum revenue for the company.
43GF Score
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