Goblin India (BOM:542850) Net Current Asset Value: ₹30.83 (As of Mar. 2026) — 2469% Above Median

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Director of Data and Quant Analytics at GuruFocus
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.
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Founder & CEO of GuruFocus
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.

BOM:542850 Goblin India Ltd BOM:542850
67 GF Score
Price ₹7.95
GF Value ₹41.66
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Goblin India Net Current Asset Value?

Goblin India BOM:542850 67 Net Current Asset Value is ₹30.83 as of Mar. 2026, which is 100% below its 10-year median of 1.20. GuruFocus rates BOM:542850 with a GF Score™ of 67/100 and a GF Value™ of ₹41.66 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 633 Manufacturing - Apparel & Accessories companies, Goblin India ranks better than 98.1% 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).

Goblin India's net current asset value per share for the quarter that ended in Mar. 2026 was ₹30.83.

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

BOM:542850' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.19   Med: 1.2   Max: 3.61
Current: 0.26

During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Goblin India was 3.61. The lowest was 0.19. And the median was 1.20.

BOM:542850's Price-to-Net-Current-Asset-Value is ranked better than
98.1% of 633 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3 vs BOM:542850: 0.26

Goblin India  (BOM:542850) 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.


Goblin India Net Current Asset Value Related Terms


Goblin India Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Goblin India'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.

Goblin India Net Current Asset Value Chart

Goblin India 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 18.96 18.58 24.14 28.25 30.83

Goblin India Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 24.14 26.78 28.25 30.13 30.83

BOM:542850 vs NKE, DECK, ONON: Net Current Asset Value Comparison

For the Footwear & Accessories subindustry, Goblin India'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.


Goblin India Price-to-Net-Current-Asset-Value vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Goblin India's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


BOM:542850
67GF Score
Goblin India Ltd BOM:542850
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goblin India Net Current Asset Value Calculation

Goblin India'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)
=(843.828-417.754-0-0)/13.819
=30.83

Goblin India'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)
=(843.828-417.754-0-0)/13.819
=30.83

* 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 ₹30.83 mean?
Goblin India (BOM:542850) has a Net Current Asset Value of ₹30.83 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 Goblin India and its competitors. This is 2469% above median its historical median of 1.20. Over the past decade, Goblin India's Net Current Asset Value has ranged from 0.19 to 3.61. According to the industry distribution chart, Goblin India ranks #12 out of 633 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 1.9%.
Is Goblin India's Net Current Asset Value too high?
Goblin India's current Net Current Asset Value of ₹30.83 is 2469% above median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 3.61. Based on the distribution chart, Goblin India ranks #12 out of 633 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Goblin India 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 Goblin India's Net Current Asset Value compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Goblin India ranks #12 out of 633 companies for Net Current Asset Value. This places Goblin India in the top 2% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.00. Historically, Goblin India's own Net Current Asset Value has ranged from 0.19 to 3.61 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 3.00, based on 633 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 Goblin India and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Current Asset Value is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goblin India's current Net Current Asset Value is ₹30.83, which is 2469% above median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goblin India stock overvalued right now?
Based on GuruFocus' analysis, Goblin India (BOM:542850) is currently considered Possible Value Trap. The stock's GF Value™ is ₹41.66, compared to a current price of ₹7.95 — trading 80.9% below its estimated fair value. The current Net Current Asset Value is ₹30.83, which is 2469% above median its 10-year median of 1.20. Goblin India's overall GF Score™ is 67/100 with 4 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 Goblin India (BOM:542850), the current Net Current Asset Value is ₹30.83 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 Goblin India (BOM:542850) Overvalued in 2026?

Based on GuruFocus' analysis, Goblin India stock appears to be undervalued. The current stock price of ₹7.95 is trading 80.9% below its estimated GF Value™ of ₹41.66. GuruFocus considers Goblin India to be Possible Value Trap.

Key valuation signals for BOM:542850:

  • Net Current Asset Value: ₹30.83 (2469% above median its 10-year median of 1.20)
  • GF Value™: ₹41.66 vs. price of ₹7.95 (80.9% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the BOM:542850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goblin India Business Description

Address Stadium Commercial Road, Camex House, 1st Floor, Navrangpura, Ahmedabad, GJ, IND, 380009
Goblin India Ltd is engaged in the manufacturing of travel gear solutions. The company offers a variety of Travelling Gears, including Hard Luggage, Soft Luggage, and other accessories like wallets, purses, and travel neck pillows. Geographically, operating in India. The company is operating only one business segment of trading in luggage bags, travel accessories, and corporate gifts. The company's products include office bags, trolley bags, overnight bags, etc.
67GF Score

Get the complete analysis for BOM:542850

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

₹7.95
Price
₹41.66
GF Value