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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).
The historical rank and industry rank for Capricorn Systems Global Solutions's Net Current Asset Value or its related term are showing as below:
BOM:512169'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.33 Med: 6.02 Max: 16.57
Current: 2.22
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Capricorn Systems Global Solutions was 16.57. The lowest was 1.33. And the median was 6.02.
BOM:512169's Price-to-Net-Current-Asset-Value is ranked better than 79.42% of 1754
companies
in the Software industry
Industry Median: 4.985
vs BOM:512169: 2.22
Capricorn Systems Global Solutions (BOM:512169) 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.
Capricorn Systems Global Solutions Net Current Asset Value Related Terms
Capricorn Systems Global Solutions Net Current Asset Value Historical Data
* 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.
Capricorn Systems Global Solutions Net Current Asset Value Chart
BOM:512169 vs QH, SHOP, UBER: Net Current Asset Value Comparison
For the Software - Application subindustry, Capricorn Systems Global Solutions'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.
Capricorn Systems Global Solutions Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Capricorn Systems Global Solutions's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Capricorn Systems Global Solutions'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 ₹8.30 mean?
Capricorn Systems Global Solutions (BOM:512169) has a Net Current Asset Value of ₹8.30 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 Capricorn Systems Global Solutions and its competitors. This is 38% above median its historical median of 6.02. Over the past decade, Capricorn Systems Global Solutions' Net Current Asset Value has ranged from 1.33 to 16.57. According to the industry distribution chart, Capricorn Systems Global Solutions ranks #361 out of 1754 companies in the Software industry, placing it in the top 20.6%.
Is Capricorn Systems Global Solutions' Net Current Asset Value too high?
Capricorn Systems Global Solutions' current Net Current Asset Value of ₹8.30 is 38% above median its 10-year median of 6.02. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 16.57. Based on the distribution chart, Capricorn Systems Global Solutions ranks #361 out of 1754 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Capricorn Systems Global Solutions has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Capricorn Systems Global Solutions' Net Current Asset Value compare to QH and SHOP?
According to the Software industry distribution chart, Capricorn Systems Global Solutions ranks #361 out of 1754 companies for Net Current Asset Value. This places Capricorn Systems Global Solutions in the top 21% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.99. Historically, Capricorn Systems Global Solutions' own Net Current Asset Value has ranged from 1.33 to 16.57 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 Software company?
The median Net Current Asset Value among Software companies is 4.99, based on 1,754 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 Capricorn Systems Global Solutions and its competitors. For the Software industry, the median Net Current Asset Value is 4.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capricorn Systems Global Solutions's current Net Current Asset Value is ₹8.30, which is 38% above median its own 10-year median of 6.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capricorn Systems Global Solutions stock overvalued right now?
Based on GuruFocus' analysis, Capricorn Systems Global Solutions (BOM:512169) is currently considered Possible Value Trap. The stock's GF Value™ is ₹67.90, compared to a current price of ₹18.46 — trading 72.8% below its estimated fair value. The current Net Current Asset Value is ₹8.30, which is 38% above median its 10-year median of 6.02. Capricorn Systems Global Solutions' overall GF Score™ is 48/100 with 5 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 Capricorn Systems Global Solutions (BOM:512169), the current Net Current Asset Value is ₹8.30 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 Capricorn Systems Global Solutions (BOM:512169) Overvalued in 2026?
Based on GuruFocus' analysis, Capricorn Systems Global Solutions stock appears to be undervalued.
The current stock price of ₹18.46 is trading 72.8% below its estimated GF Value™ of ₹67.90.
GuruFocus considers Capricorn Systems Global Solutions to be Possible Value Trap.
Key valuation signals for BOM:512169:
Net Current Asset Value: ₹8.30 (38% above median its 10-year median of 6.02)
GF Value™: ₹67.90 vs. price of ₹18.46 (72.8% below fair value)
No single metric tells the full story. See the BOM:512169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capricorn Systems Global Solutions Ltd is engaged in software development and provides software development and consultancy services in the fields of software and allied services. The Company operates through the software development and other IT-enabled services segment. Its services include offshore and on-site development and consulting, professional IT staffing, and training, supporting clients in managing technological growth, bridging skill gaps, and meeting productivity, quality, and budget requirements.
48GF Score
Get the complete analysis for BOM:512169
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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