Frontier Capital (BOM:508980) Net Current Asset Value: ₹1.63 (As of Mar. 2026) — 46% Below Median

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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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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:508980 Frontier Capital Ltd BOM:508980
52 GF Score
Price ₹10.08
GF Value ₹19.24
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Frontier Capital Net Current Asset Value?

Frontier Capital BOM:508980 +3.28% 52 Net Current Asset Value is ₹1.63 as of Mar. 2026, which is 100% below its 10-year median of 3.02. GuruFocus rates BOM:508980 with a GF Score™ of 52/100 and a GF Value™ of ₹19.24 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 277 Credit Services companies, Frontier Capital ranks worse than 79.06% 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).

Frontier Capital's net current asset value per share for the quarter that ended in Mar. 2026 was ₹1.63.

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

BOM:508980' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.01   Med: 3.02   Max: 22.29
Current: 6.18

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Frontier Capital was 22.29. The lowest was 0.01. And the median was 3.02.

BOM:508980's Price-to-Net-Current-Asset-Value is ranked worse than
79.06% of 277 companies
in the Credit Services industry
Industry Median: 2.17 vs BOM:508980: 6.18

Frontier Capital  (BOM:508980) 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.


Frontier Capital Net Current Asset Value Related Terms


Frontier Capital Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Frontier Capital'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.

Frontier Capital Net Current Asset Value Chart

Frontier Capital 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 1.23 1.40 1.46 1.64 1.63

Frontier Capital 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 1.64 0.00 1.54 0.00 1.63

BOM:508980 vs V, MA, AXP: Net Current Asset Value Comparison

For the Credit Services subindustry, Frontier Capital'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.


Frontier Capital Price-to-Net-Current-Asset-Value vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Frontier Capital's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


BOM:508980
52GF Score
Frontier Capital Ltd BOM:508980
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frontier Capital Net Current Asset Value Calculation

Frontier Capital'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)
=(32.05-4.658-0-0)/16.762
=1.63

Frontier Capital'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)
=(32.05-4.658-0-0)/16.762
=1.63

* 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 ₹1.63 mean?
Frontier Capital (BOM:508980) has a Net Current Asset Value of ₹1.63 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 Frontier Capital and its competitors. This is 46% below median its historical median of 3.02. Over the past decade, Frontier Capital's Net Current Asset Value has ranged from 0.01 to 22.29. According to the industry distribution chart, Frontier Capital ranks #219 out of 277 companies in the Credit Services industry, placing it in the top 79.1%.
Is Frontier Capital's Net Current Asset Value too high?
Frontier Capital's current Net Current Asset Value of ₹1.63 is 46% below median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 22.29. Based on the distribution chart, Frontier Capital ranks #219 out of 277 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Frontier Capital has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frontier Capital's Net Current Asset Value compare to V and MA?
According to the Credit Services industry distribution chart, Frontier Capital ranks #219 out of 277 companies for Net Current Asset Value. This places Frontier Capital in the lower half of its industry. The industry median Net Current Asset Value is 2.17. Historically, Frontier Capital's own Net Current Asset Value has ranged from 0.01 to 22.29 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 Credit Services company?
The median Net Current Asset Value among Credit Services companies is 2.17, based on 277 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 Frontier Capital and its competitors. For the Credit Services industry, the median Net Current Asset Value is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontier Capital's current Net Current Asset Value is ₹1.63, which is 46% below median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Capital stock overvalued right now?
Based on GuruFocus' analysis, Frontier Capital (BOM:508980) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹19.24, compared to a current price of ₹10.08 — trading 47.6% below its estimated fair value. The current Net Current Asset Value is ₹1.63, which is 46% below median its 10-year median of 3.02. Frontier Capital's overall GF Score™ is 52/100 with 4 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 Frontier Capital (BOM:508980), the current Net Current Asset Value is ₹1.63 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 Frontier Capital (BOM:508980) Overvalued in 2026?

Based on GuruFocus' analysis, Frontier Capital stock appears to be undervalued. The current stock price of ₹10.08 is trading 47.6% below its estimated GF Value™ of ₹19.24. GuruFocus considers Frontier Capital to be Significantly Undervalued.

Key valuation signals for BOM:508980:

  • Net Current Asset Value: ₹1.63 (46% below median its 10-year median of 3.02)
  • GF Value™: ₹19.24 vs. price of ₹10.08 (47.6% below fair value)
  • GF Score™: 52/100 with 4 warning signs

No single metric tells the full story. See the BOM:508980 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Frontier Capital Business Description

Address Senapati Bapat Marg, Delisle Road, 1206, Plot-453, Lodha Supremus, Lower Parel, Mumbai, MH, IND, 400013
Frontier Capital Ltd is an India-based non-deposit accepting asset finance and non-banking financial company. Principally, it is engaged in the business of financing of heavy commercial vehicles and construction equipment, hire purchase, inventory finance, bill discounting, channel finance, corporate funding, factoring, and related insurance services. It operates in India.
52GF Score

Get the complete analysis for BOM:508980

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

₹10.08
Price
₹19.24
GF Value