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RMC SwitchgearsBOM:540358 -11.06%69 Net Current Asset Value is ₹47.98 as of Mar. 2026, which is 100% below its 10-year median of 13.74. GuruFocus rates BOM:540358 with a GF Score™ of 69/100 and a GF Value™ of ₹1,382.83 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,222 Industrial Products companies, RMC Switchgears ranks worse than 52.16% 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).
RMC Switchgears's net current asset value per share for the quarter that ended in Mar. 2026 was ₹47.98.
The historical rank and industry rank for RMC Switchgears's Net Current Asset Value or its related term are showing as below:
BOM:540358'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.6 Med: 13.74 Max: 15.68
Current: 5.6
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of RMC Switchgears was 15.68. The lowest was 5.60. And the median was 13.74.
BOM:540358's Price-to-Net-Current-Asset-Value is ranked worse than 52.16% of 2222
companies
in the Industrial Products industry
Industry Median: 5.29
vs BOM:540358: 5.60
RMC Switchgears (BOM:540358) 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.
RMC Switchgears Net Current Asset Value Related Terms
RMC Switchgears Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for RMC Switchgears'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:540358 vs VRT, BE: Net Current Asset Value Comparison
For the Electrical Equipment & Parts subindustry, RMC Switchgears'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.
RMC Switchgears Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, RMC Switchgears's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where RMC Switchgears'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 ₹47.98 mean?
RMC Switchgears (BOM:540358) has a Net Current Asset Value of ₹47.98 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 RMC Switchgears and its competitors. This is 249% above median its historical median of 13.74. Over the past decade, RMC Switchgears' Net Current Asset Value has ranged from 5.60 to 15.68. According to the industry distribution chart, RMC Switchgears ranks #1159 out of 2222 companies in the Industrial Products industry, placing it in the top 52.2%.
Is RMC Switchgears' Net Current Asset Value too high?
RMC Switchgears' current Net Current Asset Value of ₹47.98 is 249% above median its 10-year median of 13.74. Over the past 10 years, this metric has ranged from a low of 5.60 to a high of 15.68. Based on the distribution chart, RMC Switchgears ranks #1159 out of 2222 companies in the Industrial Products industry, which is below the industry midpoint. Overall, RMC Switchgears has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does RMC Switchgears' Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, RMC Switchgears ranks #1159 out of 2222 companies for Net Current Asset Value. This places RMC Switchgears in the lower half of its industry. The industry median Net Current Asset Value is 5.29. Historically, RMC Switchgears' own Net Current Asset Value has ranged from 5.60 to 15.68 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 5.29, based on 2,222 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 RMC Switchgears and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RMC Switchgears's current Net Current Asset Value is ₹47.98, which is 249% above median its own 10-year median of 13.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RMC Switchgears stock overvalued right now?
Based on GuruFocus' analysis, RMC Switchgears (BOM:540358) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,382.83, compared to a current price of ₹268.50 — trading 80.6% below its estimated fair value. The current Net Current Asset Value is ₹47.98, which is 249% above median its 10-year median of 13.74. RMC Switchgears' overall GF Score™ is 69/100 with 5 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 RMC Switchgears (BOM:540358), the current Net Current Asset Value is ₹47.98 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 RMC Switchgears (BOM:540358) Overvalued in 2026?
Based on GuruFocus' analysis, RMC Switchgears stock appears to be undervalued.
The current stock price of ₹268.50 is trading 80.6% below its estimated GF Value™ of ₹1,382.83.
GuruFocus considers RMC Switchgears to be Possible Value Trap.
Key valuation signals for BOM:540358:
Net Current Asset Value: ₹47.98 (249% above median its 10-year median of 13.74)
GF Value™: ₹1,382.83 vs. price of ₹268.50 (80.6% below fair value)
No single metric tells the full story. See the BOM:540358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RMC Switchgears Ltd designs and manufactures electronic energy meters, enclosures for energy metering, distribution boxes, panels, sheet moulding compounds, bulk moulding compounds, and solar power equipment, and provides turnkey contracts. The company operates in two segments: primary and secondary. The primary segment is engaged in "Switch Gear Engineering" and "Construction contracts for the power distribution/transmission sector." The secondary segment operates mainly within the geographical limits of India.
69GF Score
Get the complete analysis for BOM:540358
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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