Him Teknoforge (BOM:505712) Net Current Asset Value: ₹16.80 (As of Mar. 2026) — 94% Above Median

Author: Vera Yuan Vera Yuan
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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.
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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.

BOM:505712 Him Teknoforge Ltd BOM:505712
63 GF Score
Price ₹271.45
GF Value ₹188.94
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Him Teknoforge Net Current Asset Value?

Him Teknoforge BOM:505712 -1.49% 63 Net Current Asset Value is ₹16.80 as of Mar. 2026, which is 100% below its 10-year median of 8.67. GuruFocus rates BOM:505712 with a GF Score™ of 63/100 and a GF Value™ of ₹188.94 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 702 Vehicles & Parts companies, Him Teknoforge ranks worse than 80.34% 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).

Him Teknoforge's net current asset value per share for the quarter that ended in Mar. 2026 was ₹16.80.

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

BOM:505712' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.21   Med: 8.67   Max: 16.4
Current: 16.16

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Him Teknoforge was 16.40. The lowest was 6.21. And the median was 8.67.

BOM:505712's Price-to-Net-Current-Asset-Value is ranked worse than
80.34% of 702 companies
in the Vehicles & Parts industry
Industry Median: 4.77 vs BOM:505712: 16.16

Him Teknoforge  (BOM:505712) 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.


Him Teknoforge Net Current Asset Value Related Terms


Him Teknoforge Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Him Teknoforge'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.

Him Teknoforge Net Current Asset Value Chart

Him Teknoforge Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.77 11.69 -8.09 25.58 16.80

Him Teknoforge Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 25.55 0.00 22.70 0.00 16.80

BOM:505712 vs ORLY, AZO: Net Current Asset Value Comparison

For the Auto Parts subindustry, Him Teknoforge'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.


Him Teknoforge Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Him Teknoforge's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Him Teknoforge's Price-to-Net-Current-Asset-Value falls into.


BOM:505712
63GF Score
Him Teknoforge Ltd BOM:505712
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Him Teknoforge Net Current Asset Value Calculation

Him Teknoforge's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2820.158-2646.609-0-0)/10.331
=16.80

Him Teknoforge's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2820.158-2646.609-0-0)/10.331
=16.80

* 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 ₹16.80 mean?
Him Teknoforge (BOM:505712) has a Net Current Asset Value of ₹16.80 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 Him Teknoforge and its competitors. This is 94% above median its historical median of 8.67. Over the past decade, Him Teknoforge's Net Current Asset Value has ranged from 6.21 to 16.40. According to the industry distribution chart, Him Teknoforge ranks #564 out of 702 companies in the Vehicles & Parts industry, placing it in the top 80.3%.
Is Him Teknoforge's Net Current Asset Value too high?
Him Teknoforge's current Net Current Asset Value of ₹16.80 is 94% above median its 10-year median of 8.67. Over the past 10 years, this metric has ranged from a low of 6.21 to a high of 16.40. Based on the distribution chart, Him Teknoforge ranks #564 out of 702 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Him Teknoforge has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Him Teknoforge's Net Current Asset Value compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Him Teknoforge ranks #564 out of 702 companies for Net Current Asset Value. This places Him Teknoforge in the lower half of its industry. The industry median Net Current Asset Value is 4.77. Historically, Him Teknoforge's own Net Current Asset Value has ranged from 6.21 to 16.40 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 Vehicles & Parts company?
The median Net Current Asset Value among Vehicles & Parts companies is 4.77, based on 702 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 Him Teknoforge and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 4.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Him Teknoforge's current Net Current Asset Value is ₹16.80, which is 94% above median its own 10-year median of 8.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Him Teknoforge stock overvalued right now?
Based on GuruFocus' analysis, Him Teknoforge (BOM:505712) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹188.94, compared to a current price of ₹271.45 — trading 43.7% above its estimated fair value. The current Net Current Asset Value is ₹16.80, which is 94% above median its 10-year median of 8.67. Him Teknoforge's overall GF Score™ is 63/100 with 9 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 Him Teknoforge (BOM:505712), the current Net Current Asset Value is ₹16.80 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 Him Teknoforge (BOM:505712) Overvalued in 2026?

Based on GuruFocus' analysis, Him Teknoforge stock appears to be overvalued. The current stock price of ₹271.45 is trading 43.7% above its estimated GF Value™ of ₹188.94. GuruFocus considers Him Teknoforge to be Significantly Overvalued.

Key valuation signals for BOM:505712:

  • Net Current Asset Value: ₹16.80 (94% above median its 10-year median of 8.67)
  • GF Value™: ₹188.94 vs. price of ₹271.45 (43.7% above fair value)
  • GF Score™: 63/100 with 9 warning signs

No single metric tells the full story. See the BOM:505712 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Him Teknoforge Business Description

Address Sai Road Baddi, Village Billanwali, District Baddi, Solan, HP, IND, 173205
Him Teknoforge Ltd offers a products and services including manufacturing, sales, distribution, and marketing of automotive, nonautomotive, and engineering components like Alloy Steel Forgings, Gears, Shafts, Axles, Assemblies, & sub-assemblies, etc. It has only one segment which is Auto Parts segment. The company geographically, operates in India as well as outside India.
63GF Score

Get the complete analysis for BOM:505712

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

₹271.45
Price
₹188.94
GF Value