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.
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 Confidence Futuristic Energetech'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 Confidence Futuristic Energetech was 9.72. The lowest was 5.20. And the median was 7.46.
BOM:539991's Price-to-Net-Current-Asset-Value is not ranked *
in the Utilities - Regulated industry.
Industry Median: 4.31 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Confidence Futuristic Energetech (BOM:539991) 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.
Confidence Futuristic Energetech Net Current Asset Value Related Terms
Confidence Futuristic Energetech 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.
Confidence Futuristic Energetech Net Current Asset Value Chart
BOM:539991 vs ATO, NI, UGI: Net Current Asset Value Comparison
For the Utilities - Regulated Gas subindustry, Confidence Futuristic Energetech'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.
Confidence Futuristic Energetech Price-to-Net-Current-Asset-Value vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Confidence Futuristic Energetech's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Confidence Futuristic Energetech'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 ₹-20.84 mean?
Confidence Futuristic Energetech (BOM:539991) has a Net Current Asset Value of ₹-20.84 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 Confidence Futuristic Energetech and its competitors. Over the past decade, Confidence Futuristic Energetech's Net Current Asset Value has ranged from 5.20 to 9.72. According to the industry distribution chart, Confidence Futuristic Energetech ranks #999999 out of 93 companies in the Utilities - Regulated industry.
Is Confidence Futuristic Energetech's Net Current Asset Value too high?
Confidence Futuristic Energetech's current Net Current Asset Value is ₹-20.84. Over the past 10 years, this metric has ranged from a low of 5.20 to a high of 9.72. Based on the distribution chart, Confidence Futuristic Energetech ranks #999999 out of 93 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Confidence Futuristic Energetech has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Confidence Futuristic Energetech's Net Current Asset Value compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Confidence Futuristic Energetech ranks #999999 out of 93 companies for Net Current Asset Value. This places Confidence Futuristic Energetech in the lower half of its industry. The industry median Net Current Asset Value is 4.31. Historically, Confidence Futuristic Energetech's own Net Current Asset Value has ranged from 5.20 to 9.72 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 Utilities - Regulated company?
The median Net Current Asset Value among Utilities - Regulated companies is 4.31, based on 93 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 Confidence Futuristic Energetech and its competitors. For the Utilities - Regulated industry, the median Net Current Asset Value is 4.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Confidence Futuristic Energetech's current Net Current Asset Value is ₹-20.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Confidence Futuristic Energetech stock overvalued right now?
Based on GuruFocus' analysis, Confidence Futuristic Energetech (BOM:539991) is currently considered Possible Value Trap. The stock's GF Value™ is ₹57.30, compared to a current price of ₹31.50 — trading 45% below its estimated fair value. The current Net Current Asset Value is ₹-20.84. Confidence Futuristic Energetech's overall GF Score™ is 67/100 with 9 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 Confidence Futuristic Energetech (BOM:539991), the current Net Current Asset Value is ₹-20.84 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 Confidence Futuristic Energetech (BOM:539991) Overvalued in 2026?
Based on GuruFocus' analysis, Confidence Futuristic Energetech stock appears to be undervalued.
The current stock price of ₹31.50 is trading 45% below its estimated GF Value™ of ₹57.30.
GuruFocus considers Confidence Futuristic Energetech to be Possible Value Trap.
Key valuation signals for BOM:539991:
Net Current Asset Value: ₹-20.84
GF Value™: ₹57.30 vs. price of ₹31.50 (45% below fair value)
No single metric tells the full story. See the BOM:539991 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Confidence Futuristic Energetech Ltd, along with its subsidiary entities, is actively engaged in the manufacturing and supply of high-pressure CNG cylinders, LPG cylinders, CNG cascades, medical oxygen cylinders, and seamless steel gas cylinders for industrial gases. It offers a wide range of onboard CNG cylinder sizes at competitive prices, making CNG a more affordable and accessible option for consumers transitioning to cleaner fuel alternatives. The company is involved in the Parallel LPG Market by the name of Pack Cylinder Division with GO GAS ELITE as its brand, and is into selling LPG to both domestic and commercial users at competitive rates. Its operating segments are: Cylinder Division, which generates the maximum revenue, and LPG Division.
67GF Score
Get the complete analysis for BOM:539991
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:539991 has been successfully added to your 
