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Frontier SpringsBOM:522195 +3.11%92 Net Current Asset Value is ₹56.82 as of Mar. 2026, which is 100% below its 10-year median of 14.12. GuruFocus rates BOM:522195 with a GF Score™ of 92/100 and a GF Value™ of ₹1,300.82 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,215 Industrial Products companies, Frontier Springs ranks worse than 89.16% 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 Springs's net current asset value per share for the quarter that ended in Mar. 2026 was ₹56.82.
The historical rank and industry rank for Frontier Springs's Net Current Asset Value or its related term are showing as below:
BOM:522195'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.18 Med: 14.12 Max: 26.04
Current: 23.86
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Frontier Springs was 26.04. The lowest was 6.18. And the median was 14.12.
BOM:522195's Price-to-Net-Current-Asset-Value is ranked worse than 89.16% of 2215
companies
in the Industrial Products industry
Industry Median: 4.97
vs BOM:522195: 23.86
Frontier Springs (BOM:522195) 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.
Frontier Springs Net Current Asset Value Related Terms
Frontier Springs Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Frontier Springs'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.
BOM:522195 vs CRS, ATI, MLI: Net Current Asset Value Comparison
For the Metal Fabrication subindustry, Frontier Springs'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 Springs Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Frontier Springs's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Frontier Springs'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 ₹56.82 mean?
Frontier Springs (BOM:522195) has a Net Current Asset Value of ₹56.82 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 Springs and its competitors. This is 302% above median its historical median of 14.12. Over the past decade, Frontier Springs' Net Current Asset Value has ranged from 6.18 to 26.04. According to the industry distribution chart, Frontier Springs ranks #1975 out of 2215 companies in the Industrial Products industry, placing it in the top 89.2%.
Is Frontier Springs' Net Current Asset Value too high?
Frontier Springs' current Net Current Asset Value of ₹56.82 is 302% above median its 10-year median of 14.12. Over the past 10 years, this metric has ranged from a low of 6.18 to a high of 26.04. Based on the distribution chart, Frontier Springs ranks #1975 out of 2215 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Frontier Springs has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Frontier Springs' Net Current Asset Value compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Frontier Springs ranks #1975 out of 2215 companies for Net Current Asset Value. This places Frontier Springs in the lower half of its industry. The industry median Net Current Asset Value is 4.97. Historically, Frontier Springs' own Net Current Asset Value has ranged from 6.18 to 26.04 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 4.97, based on 2,215 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 Springs and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 4.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontier Springs's current Net Current Asset Value is ₹56.82, which is 302% above median its own 10-year median of 14.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Springs stock overvalued right now?
Based on GuruFocus' analysis, Frontier Springs (BOM:522195) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,300.82, compared to a current price of ₹1,355.70 — trading 4.2% above its estimated fair value. The current Net Current Asset Value is ₹56.82, which is 302% above median its 10-year median of 14.12. Frontier Springs' overall GF Score™ is 92/100 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 Frontier Springs (BOM:522195), the current Net Current Asset Value is ₹56.82 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 Springs (BOM:522195) Overvalued in 2026?
Based on GuruFocus' analysis, Frontier Springs stock appears to be overvalued.
The current stock price of ₹1,355.70 is trading 4.2% above its estimated GF Value™ of ₹1,300.82.
GuruFocus considers Frontier Springs to be Fairly Valued.
Key valuation signals for BOM:522195:
Net Current Asset Value: ₹56.82 (302% above median its 10-year median of 14.12)
GF Value™: ₹1,300.82 vs. price of ₹1,355.70 (4.2% above fair value)
No single metric tells the full story. See the BOM:522195 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frontier Springs Ltd is engaged in the manufacturing of hot Coiled springs and forging items for transportation, industrial, and government applications. The product offering of the company includes L.B.Springs and Hot Coiled Compression Spring and forging items for Wagon, Locomotives, and Carriages, among others. The company supplies its products to railways, bogie manufacturers, Chittaranjan locomotive works, diesel locomotive works, integrated coach factories, and rail coach factories. In addition to the supply to the railways, the company is also supplying the springs to heavy engineering industries and original earth movers equipment manufacturers.
92GF 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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