LGB Forge (BOM:533007) Net Current Asset Value: ₹-0.13 (As of Mar. 2026)

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BOM:533007 LGB Forge Ltd BOM:533007
49 GF Score
Price ₹5.59
GF Value ₹11.97
Valuation Significantly Undervalued
! 3 Warning Signs
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What is LGB Forge Net Current Asset Value?

LGB Forge BOM:533007 +0.72% 49 Net Current Asset Value is ₹-0.13 as of Mar. 2026. GuruFocus rates BOM:533007 with a GF Score™ of 49/100 and a GF Value™ of ₹11.97 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,215 Industrial Products companies, LGB Forge ranks worse than 45146.68% 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).

LGB Forge's net current asset value per share for the quarter that ended in Mar. 2026 was ₹-0.13.

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

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of LGB Forge was 59.80. The lowest was 9.40. And the median was 14.97.

BOM:533007's Price-to-Net-Current-Asset-Value is not ranked *
in the Industrial Products industry.
Industry Median: 4.97
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

LGB Forge  (BOM:533007) 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.


LGB Forge Net Current Asset Value Related Terms


LGB Forge Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for LGB Forge'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.

LGB Forge Net Current Asset Value Chart

LGB Forge 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 0.73 0.47 0.15 -0.04 -0.13

LGB Forge 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 -0.04 0.00 0.02 0.00 -0.13

BOM:533007 vs CRS, ATI, MLI: Net Current Asset Value Comparison

For the Metal Fabrication subindustry, LGB Forge'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.


LGB Forge Price-to-Net-Current-Asset-Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, LGB Forge's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


BOM:533007
49GF Score
LGB Forge Ltd BOM:533007
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LGB Forge Net Current Asset Value Calculation

LGB Forge'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)
=(435.14-465.879-0-0)/238.202
=-0.13

LGB Forge'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)
=(435.14-465.879-0-0)/238.202
=-0.13

* 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 ₹-0.13 mean?
LGB Forge (BOM:533007) has a Net Current Asset Value of ₹-0.13 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 LGB Forge and its competitors. Over the past decade, LGB Forge's Net Current Asset Value has ranged from 9.40 to 59.80. According to the industry distribution chart, LGB Forge ranks #999999 out of 2215 companies in the Industrial Products industry.
Is LGB Forge's Net Current Asset Value too high?
LGB Forge's current Net Current Asset Value is ₹-0.13. Over the past 10 years, this metric has ranged from a low of 9.40 to a high of 59.80. Based on the distribution chart, LGB Forge ranks #999999 out of 2215 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, LGB Forge has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LGB Forge's Net Current Asset Value compare to CRS and ATI?
According to the Industrial Products industry distribution chart, LGB Forge ranks #999999 out of 2215 companies for Net Current Asset Value. This places LGB Forge in the lower half of its industry. The industry median Net Current Asset Value is 4.97. Historically, LGB Forge's own Net Current Asset Value has ranged from 9.40 to 59.80 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 LGB Forge 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. LGB Forge's current Net Current Asset Value is ₹-0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LGB Forge stock overvalued right now?
Based on GuruFocus' analysis, LGB Forge (BOM:533007) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹11.97, compared to a current price of ₹5.59 — trading 53.3% below its estimated fair value. The current Net Current Asset Value is ₹-0.13. LGB Forge's overall GF Score™ is 49/100 with 3 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 LGB Forge (BOM:533007), the current Net Current Asset Value is ₹-0.13 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 LGB Forge (BOM:533007) Overvalued in 2026?

Based on GuruFocus' analysis, LGB Forge stock appears to be undervalued. The current stock price of ₹5.59 is trading 53.3% below its estimated GF Value™ of ₹11.97. GuruFocus considers LGB Forge to be Significantly Undervalued.

Key valuation signals for BOM:533007:

  • Net Current Asset Value: ₹-0.13
  • GF Value™: ₹11.97 vs. price of ₹5.59 (53.3% below fair value)
  • GF Score™: 49/100 with 3 warning signs

No single metric tells the full story. See the BOM:533007 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LGB Forge Business Description

Address 6/16/13, Krishnarayapuram Road, Ganapathy, Coimbatore, TN, IND, 641006
LGB Forge Ltd is engaged in the manufacturing of cold and hot forged components, and machined components. It is engaged in manufacturing auto, electrical and transmission forged components for automobiles, and non-automotive segments, such as the valve industry and infrastructure equipment industry. The firm's product categories include hot forging, hot and warm forging, and cold forging. The hot forging products include valve bonnets, rocker arms, and bucket tooths. The hot and warm forging products include bell, body starter clutch, tulip, and claw. The cold forging products include ball pins, ball rods, boss rotors, fuel pump components, and others. The Company operates in only one segment viz., Forging and Machining. Geographically, the company derives its key revenue from India.
49GF Score

Get the complete analysis for BOM:533007

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

₹5.59
Price
₹11.97
GF Value