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Gujarat Hy-SpinBOM:540938 61 Net Current Asset Value is ₹0.98 as of Mar. 2026, which is 100% below its 10-year median of 4.48. GuruFocus rates BOM:540938 with a GF Score™ of 61/100 and a GF Value™ of ₹16.72 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 631 Manufacturing - Apparel & Accessories companies, Gujarat Hy-Spin ranks worse than 81.14% 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).
Gujarat Hy-Spin's net current asset value per share for the quarter that ended in Mar. 2026 was ₹0.98.
The historical rank and industry rank for Gujarat Hy-Spin's Net Current Asset Value or its related term are showing as below:
BOM:540938'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.62 Med: 4.48 Max: 9.42
Current: 9.42
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Gujarat Hy-Spin was 9.42. The lowest was 2.62. And the median was 4.48.
BOM:540938's Price-to-Net-Current-Asset-Value is ranked worse than 81.14% of 631
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.97
vs BOM:540938: 9.42
Gujarat Hy-Spin (BOM:540938) 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.
Gujarat Hy-Spin Net Current Asset Value Related Terms
Gujarat Hy-Spin Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Gujarat Hy-Spin'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.
Gujarat Hy-Spin Net Current Asset Value Competitor Comparison
For the Textile Manufacturing subindustry, Gujarat Hy-Spin'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.
Gujarat Hy-Spin Price-to-Net-Current-Asset-Value vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gujarat Hy-Spin's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Gujarat Hy-Spin'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 ₹0.98 mean?
Gujarat Hy-Spin (BOM:540938) has a Net Current Asset Value of ₹0.98 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 Gujarat Hy-Spin and its competitors. This is 78% below median its historical median of 4.48. Over the past decade, Gujarat Hy-Spin's Net Current Asset Value has ranged from 2.62 to 9.42. According to the industry distribution chart, Gujarat Hy-Spin ranks #512 out of 631 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 81.1%.
Is Gujarat Hy-Spin's Net Current Asset Value too high?
Gujarat Hy-Spin's current Net Current Asset Value of ₹0.98 is 78% below median its 10-year median of 4.48. Over the past 10 years, this metric has ranged from a low of 2.62 to a high of 9.42. Based on the distribution chart, Gujarat Hy-Spin ranks #512 out of 631 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Gujarat Hy-Spin has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gujarat Hy-Spin's Net Current Asset Value compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gujarat Hy-Spin ranks #512 out of 631 companies for Net Current Asset Value. This places Gujarat Hy-Spin in the lower half of its industry. The industry median Net Current Asset Value is 2.97. Historically, Gujarat Hy-Spin's own Net Current Asset Value has ranged from 2.62 to 9.42 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 2.97, based on 631 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 Gujarat Hy-Spin and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Current Asset Value is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Hy-Spin's current Net Current Asset Value is ₹0.98, which is 78% below median its own 10-year median of 4.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Hy-Spin stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Hy-Spin (BOM:540938) is currently considered Possible Value Trap. The stock's GF Value™ is ₹16.72, compared to a current price of ₹9.23 — trading 44.8% below its estimated fair value. The current Net Current Asset Value is ₹0.98, which is 78% below median its 10-year median of 4.48. Gujarat Hy-Spin's overall GF Score™ is 61/100 with 7 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 Gujarat Hy-Spin (BOM:540938), the current Net Current Asset Value is ₹0.98 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 Gujarat Hy-Spin (BOM:540938) Overvalued in 2026?
Based on GuruFocus' analysis, Gujarat Hy-Spin stock appears to be undervalued.
The current stock price of ₹9.23 is trading 44.8% below its estimated GF Value™ of ₹16.72.
GuruFocus considers Gujarat Hy-Spin to be Possible Value Trap.
Key valuation signals for BOM:540938:
Net Current Asset Value: ₹0.98 (78% below median its 10-year median of 4.48)
GF Value™: ₹16.72 vs. price of ₹9.23 (44.8% below fair value)
No single metric tells the full story. See the BOM:540938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gujarat Hy-Spin Ltd operates in the textile industry. Principally, it is engaged in the business of manufacturing cotton yarns as well as trading in cotton and other related items. In addition, it also produces ring yarns. The company sells cotton yarns to dealers who market them to other industrial units for weaving and other purposes. Its products comprise cotton bales, cotton waste, cotton yarn, raw cotton, wash oil, cotton seeds, and others. The company is engaged mainly in the manufacturing of Combed Cotton Yarn. The company generates maximum revenue through the sale of its cotton yarn product.
61GF Score
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