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.
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.
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).
Hindustan Composites's net current asset value per share for the quarter that ended in Jun. 2026 was ₹0.00.
The historical rank and industry rank for Hindustan Composites's Net Current Asset Value or its related term are showing as below:
BOM:509635'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.9 Med: 24.92 Max: 417.67
Current: 32.21
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Hindustan Composites was 417.67. The lowest was 4.90. And the median was 24.92.
BOM:509635's Price-to-Net-Current-Asset-Value is ranked worse than 90.4% of 698
companies
in the Vehicles & Parts industry
Industry Median: 4.69
vs BOM:509635: 32.21
Hindustan Composites (BOM:509635) 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.
Hindustan Composites Net Current Asset Value Related Terms
Hindustan Composites Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Hindustan Composites'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.
Hindustan Composites Net Current Asset Value Chart
BOM:509635 vs ORLY, AZO: Net Current Asset Value Comparison
For the Auto Parts subindustry, Hindustan Composites'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.
Hindustan Composites Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hindustan Composites's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Hindustan Composites'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 ₹0.00 mean?
Hindustan Composites (BOM:509635) has a Net Current Asset Value of ₹0.00 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Hindustan Composites and its competitors. Over the past decade, Hindustan Composites' Net Current Asset Value has ranged from 4.90 to 417.67. According to the industry distribution chart, Hindustan Composites ranks #631 out of 698 companies in the Vehicles & Parts industry, placing it in the top 90.4%.
Is Hindustan Composites' Net Current Asset Value too high?
Hindustan Composites' current Net Current Asset Value is ₹0.00. Over the past 10 years, this metric has ranged from a low of 4.90 to a high of 417.67. Based on the distribution chart, Hindustan Composites ranks #631 out of 698 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Hindustan Composites has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Composites' Net Current Asset Value compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hindustan Composites ranks #631 out of 698 companies for Net Current Asset Value. This places Hindustan Composites in the lower half of its industry. The industry median Net Current Asset Value is 4.69. Historically, Hindustan Composites' own Net Current Asset Value has ranged from 4.90 to 417.67 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 4.69, based on 698 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 Hindustan Composites and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Composites's current Net Current Asset Value is ₹0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Composites stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Composites (BOM:509635) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹456.20, compared to a current price of ₹410.00 — trading 10.1% below its estimated fair value. The current Net Current Asset Value is ₹0.00. Hindustan Composites' overall GF Score™ is 74/100 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 Hindustan Composites (BOM:509635), the current Net Current Asset Value is ₹0.00 as of Jun. 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 Hindustan Composites (BOM:509635) Overvalued in 2026?
Based on GuruFocus' analysis, Hindustan Composites stock appears to be undervalued.
The current stock price of ₹410.00 is trading 10.1% below its estimated GF Value™ of ₹456.20.
GuruFocus considers Hindustan Composites to be Modestly Undervalued.
Key valuation signals for BOM:509635:
Net Current Asset Value: ₹0.00
GF Value™: ₹456.20 vs. price of ₹410.00 (10.1% below fair value)
No single metric tells the full story. See the BOM:509635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hindustan Composites Ltd is engaged in the business of manufacturing and marketing fiber-based friction materials. The company serves various industries, such as automotive, railways, engineering, mining, aerospace, steel, chemicals, oil exploration, and others. It offers friction materials such as Brake lining, Roll lining, Clutch facing, Disc Brake Pad, Brake Block, and others. It also offers industrial thrust bearing and insulation products comprising Millboard sheets, Millboard discs, and Competitors. Geographically, the group operates throughout the regions of India and derives revenue through the sale of its products. The group has two segments: Composite products and Investments. Composite product is the key revenue-generating segment.
74GF Score
Get the complete analysis for BOM:509635
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:509635 has been successfully added to your 
