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Uni Abex Alloy ProductsBOM:504605 +0.17%82 Net Current Asset Value is ₹1,747.47 as of Mar. 2026, which is 100% below its 10-year median of 4.30. GuruFocus rates BOM:504605 with a GF Score™ of 82/100 and a GF Value™ of ₹3,593.57 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 371 Steel companies, Uni Abex Alloy Products ranks better than 52.56% 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).
Uni Abex Alloy Products's net current asset value per share for the quarter that ended in Mar. 2026 was ₹1,747.47.
The historical rank and industry rank for Uni Abex Alloy Products's Net Current Asset Value or its related term are showing as below:
BOM:504605'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.56 Med: 4.3 Max: 30.57
Current: 2.79
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Uni Abex Alloy Products was 30.57. The lowest was 1.56. And the median was 4.30.
BOM:504605's Price-to-Net-Current-Asset-Value is ranked better than 52.56% of 371
companies
in the Steel industry
Industry Median: 2.99
vs BOM:504605: 2.79
Uni Abex Alloy Products (BOM:504605) 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.
Uni Abex Alloy Products Net Current Asset Value Related Terms
Uni Abex Alloy Products Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Uni Abex Alloy Products'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.
Uni Abex Alloy Products Net Current Asset Value Chart
BOM:504605 vs NUE, STLD, RS: Net Current Asset Value Comparison
For the Steel subindustry, Uni Abex Alloy Products'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.
Uni Abex Alloy Products Price-to-Net-Current-Asset-Value vs Steel Industry
For the Steel industry and Basic Materials sector, Uni Abex Alloy Products's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Uni Abex Alloy Products'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 ₹1,747.47 mean?
Uni Abex Alloy Products (BOM:504605) has a Net Current Asset Value of ₹1,747.47 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 Uni Abex Alloy Products and its competitors. This is 40539% above median its historical median of 4.30. Over the past decade, Uni Abex Alloy Products' Net Current Asset Value has ranged from 1.56 to 30.57. According to the industry distribution chart, Uni Abex Alloy Products ranks #176 out of 371 companies in the Steel industry, placing it in the top 47.4%.
Is Uni Abex Alloy Products' Net Current Asset Value too high?
Uni Abex Alloy Products' current Net Current Asset Value of ₹1,747.47 is 40539% above median its 10-year median of 4.30. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 30.57. Based on the distribution chart, Uni Abex Alloy Products ranks #176 out of 371 companies in the Steel industry, which is above the industry midpoint. Overall, Uni Abex Alloy Products has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Uni Abex Alloy Products' Net Current Asset Value compare to NUE and STLD?
According to the Steel industry distribution chart, Uni Abex Alloy Products ranks #176 out of 371 companies for Net Current Asset Value. This puts Uni Abex Alloy Products in the upper half of its industry. The industry median Net Current Asset Value is 2.99. Historically, Uni Abex Alloy Products' own Net Current Asset Value has ranged from 1.56 to 30.57 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 Steel company?
The median Net Current Asset Value among Steel companies is 2.99, based on 371 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 Uni Abex Alloy Products and its competitors. For the Steel industry, the median Net Current Asset Value is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Uni Abex Alloy Products's current Net Current Asset Value is ₹1,747.47, which is 40539% above median its own 10-year median of 4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Uni Abex Alloy Products stock overvalued right now?
Based on GuruFocus' analysis, Uni Abex Alloy Products (BOM:504605) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,593.57, compared to a current price of ₹4,871.50 — trading 35.6% above its estimated fair value. The current Net Current Asset Value is ₹1,747.47, which is 40539% above median its 10-year median of 4.30. Uni Abex Alloy Products' overall GF Score™ is 82/100 with 2 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 Uni Abex Alloy Products (BOM:504605), the current Net Current Asset Value is ₹1,747.47 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 Uni Abex Alloy Products (BOM:504605) Overvalued in 2026?
Based on GuruFocus' analysis, Uni Abex Alloy Products stock appears to be overvalued.
The current stock price of ₹4,871.50 is trading 35.6% above its estimated GF Value™ of ₹3,593.57.
GuruFocus considers Uni Abex Alloy Products to be Significantly Overvalued.
Key valuation signals for BOM:504605:
Net Current Asset Value: ₹1,747.47 (40539% above median its 10-year median of 4.30)
GF Value™: ₹3,593.57 vs. price of ₹4,871.50 (35.6% above fair value)
No single metric tells the full story. See the BOM:504605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Uni Abex Alloy Products Ltd produces static, centrifugal castings and assemblies in heat and corrosion-resistant alloys and specializes in alloy steel castings for decanters and reformer tubes. It offers products such as reformer tubes, harp assemblies, air injection tubes, feed tubes, bowl cylinders, glendon coils, sink rolls, ring segments, radiant tubes, and cages, among others. The company's product is used by various industries such as refinery, petrochemical and fertilizer, sponge iron, iron and steel, galvanizing plants, metal gasket, furnace, decanter, and valve manufacturers. Geographically, the firm derives maximum revenue from its business within India, and also has exposure to other markets such as Sweden, Poland, Bangladesh, China, France, Germany, the USA, and others.
82GF 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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