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.
Advance SyntexBOM:539982 26 Net Current Asset Value is ₹-13.93 as of Mar. 2026. GuruFocus rates BOM:539982 with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 950 Chemicals companies, Advance Syntex ranks worse than 105263.05% 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).
Advance Syntex's net current asset value per share for the quarter that ended in Mar. 2026 was ₹-13.93.
The historical rank and industry rank for Advance Syntex'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 Advance Syntex was 17.88. The lowest was 1.12. And the median was 3.22.
BOM:539982's Price-to-Net-Current-Asset-Value is not ranked *
in the Chemicals industry.
Industry Median: 5.075 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Advance Syntex (BOM:539982) 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.
Advance Syntex Net Current Asset Value Related Terms
Advance Syntex Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Advance Syntex'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:539982 vs LIN, SHW, ECL: Net Current Asset Value Comparison
For the Specialty Chemicals subindustry, Advance Syntex'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.
Advance Syntex Price-to-Net-Current-Asset-Value vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Advance Syntex's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Advance Syntex'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 ₹-13.93 mean?
Advance Syntex (BOM:539982) has a Net Current Asset Value of ₹-13.93 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 Advance Syntex and its competitors. Over the past decade, Advance Syntex's Net Current Asset Value has ranged from 1.12 to 17.88. According to the industry distribution chart, Advance Syntex ranks #999999 out of 950 companies in the Chemicals industry.
Is Advance Syntex's Net Current Asset Value too high?
Advance Syntex's current Net Current Asset Value is ₹-13.93. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 17.88. Based on the distribution chart, Advance Syntex ranks #999999 out of 950 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Advance Syntex has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Advance Syntex's Net Current Asset Value compare to LIN and SHW?
According to the Chemicals industry distribution chart, Advance Syntex ranks #999999 out of 950 companies for Net Current Asset Value. This places Advance Syntex in the lower half of its industry. The industry median Net Current Asset Value is 5.08. Historically, Advance Syntex's own Net Current Asset Value has ranged from 1.12 to 17.88 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 Chemicals company?
The median Net Current Asset Value among Chemicals companies is 5.08, based on 950 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 Advance Syntex and its competitors. For the Chemicals industry, the median Net Current Asset Value is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advance Syntex's current Net Current Asset Value is ₹-13.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Syntex stock overvalued right now?
Advance Syntex (BOM:539982) has a current Net Current Asset Value of ₹-13.93. The current Net Current Asset Value is ₹-13.93. Advance Syntex's overall GF Score™ is 26/100 with 1 warning sign 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 Advance Syntex (BOM:539982), the current Net Current Asset Value is ₹-13.93 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.
Advance Syntex Ltd is an India-based manufacturer of other made-up textile goods except for apparel. The company manufactures and exports metallic yarn, lacquer-coated aluminum metalized polyester film, glitter powder, and other allied products. The company's product line includes metalized polyester films, metalized and coated film for metallic yarn, polyester tape films, and coated polyester films; glitter powder for textiles, decorative and clear polyester glitters, and others.
26GF Score
Get the complete analysis for BOM:539982
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:539982 has been successfully added to your 
