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APM IndustriesBOM:523537 +4.85%53 Net Current Asset Value is ₹0.50 as of Mar. 2026, which is 100% below its 10-year median of 80.10. GuruFocus rates BOM:523537 with a GF Score™ of 53/100 and a GF Value™ of ₹39.04 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 634 Manufacturing - Apparel & Accessories companies, APM Industries ranks worse than 99.37% 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).
APM Industries's net current asset value per share for the quarter that ended in Mar. 2026 was ₹0.50.
The historical rank and industry rank for APM Industries's Net Current Asset Value or its related term are showing as below:
BOM:523537'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 80.1 Med: 80.1 Max: 111.14
Current: 111.14
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of APM Industries was 111.14. The lowest was 80.10. And the median was 80.10.
BOM:523537's Price-to-Net-Current-Asset-Value is ranked worse than 99.37% of 634
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.005
vs BOM:523537: 111.14
APM Industries (BOM:523537) 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.
APM Industries Net Current Asset Value Related Terms
APM Industries Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for APM Industries'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.
APM Industries Net Current Asset Value Competitor Comparison
For the Textile Manufacturing subindustry, APM Industries'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.
APM Industries Price-to-Net-Current-Asset-Value vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, APM Industries's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where APM Industries'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 ₹0.50 mean?
APM Industries (BOM:523537) has a Net Current Asset Value of ₹0.50 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 APM Industries and its competitors. This is 99% below median its historical median of 80.10. Over the past decade, APM Industries' Net Current Asset Value has ranged from 80.10 to 111.14. According to the industry distribution chart, APM Industries ranks #630 out of 634 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 99.4%.
Is APM Industries' Net Current Asset Value too high?
APM Industries' current Net Current Asset Value of ₹0.50 is 99% below median its 10-year median of 80.10. Over the past 10 years, this metric has ranged from a low of 80.10 to a high of 111.14. Based on the distribution chart, APM Industries ranks #630 out of 634 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, APM Industries has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does APM Industries' Net Current Asset Value compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, APM Industries ranks #630 out of 634 companies for Net Current Asset Value. This places APM Industries in the lower half of its industry. The industry median Net Current Asset Value is 3.01. Historically, APM Industries' own Net Current Asset Value has ranged from 80.10 to 111.14 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 Manufacturing - Apparel & Accessories company?
The median Net Current Asset Value among Manufacturing - Apparel & Accessories companies is 3.01, based on 634 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 APM Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Current Asset Value is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APM Industries's current Net Current Asset Value is ₹0.50, which is 99% below median its own 10-year median of 80.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APM Industries stock overvalued right now?
Based on GuruFocus' analysis, APM Industries (BOM:523537) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹39.04, compared to a current price of ₹55.57 — trading 42.3% above its estimated fair value. The current Net Current Asset Value is ₹0.50, which is 99% below median its 10-year median of 80.10. APM Industries' overall GF Score™ is 53/100 with 6 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 APM Industries (BOM:523537), the current Net Current Asset Value is ₹0.50 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 APM Industries (BOM:523537) Overvalued in 2026?
Based on GuruFocus' analysis, APM Industries stock appears to be overvalued.
The current stock price of ₹55.57 is trading 42.3% above its estimated GF Value™ of ₹39.04.
GuruFocus considers APM Industries to be Significantly Overvalued.
Key valuation signals for BOM:523537:
Net Current Asset Value: ₹0.50 (99% below median its 10-year median of 80.10)
GF Value™: ₹39.04 vs. price of ₹55.57 (42.3% above fair value)
No single metric tells the full story. See the BOM:523537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
APM Industries Ltd is engaged in the business of manufacturing and selling Man-made Fibres' Spun Yarn. Its product mix includes Viscose Blended Spun yarn, Acrylic Blended Spun fibre dyed yarn, Polyester yarns, and Others. Geographically, it operates only in India. The Company currently operates in a single business segment, namely the manufacturing of synthetic blended yarn.
53GF 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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