CWD (BOM:543378) Net Current Asset Value: ₹29.51 (As of Mar. 2026) — 72% 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:543378 CWD Ltd BOM:543378
82 GF Score
Price ₹309.00
GF Value ₹866.35
Valuation Possible Value Trap
! 7 Warning Signs
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What is CWD Net Current Asset Value?

CWD BOM:543378 -0.32% 82 Net Current Asset Value is ₹29.51 as of Mar. 2026, which is 100% below its 10-year median of 17.13. GuruFocus rates BOM:543378 with a GF Score™ of 82/100 and a GF Value™ of ₹866.35 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,831 Hardware companies, CWD ranks worse than 71.65% 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).

CWD's net current asset value per share for the quarter that ended in Mar. 2026 was ₹29.51.

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

BOM:543378' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 8.34   Med: 17.13   Max: 81.35
Current: 10.47

During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of CWD was 81.35. The lowest was 8.34. And the median was 17.13.

BOM:543378's Price-to-Net-Current-Asset-Value is ranked worse than
71.65% of 1831 companies
in the Hardware industry
Industry Median: 5.33 vs BOM:543378: 10.47

CWD  (BOM:543378) 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.


CWD Net Current Asset Value Related Terms


CWD Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for CWD'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.

CWD Net Current Asset Value Chart

CWD Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial 2.70 4.15 7.55 21.98 29.51

CWD Semi-Annual Data
Mar20 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 7.55 10.14 21.98 -6.59 29.51

BOM:543378 vs APH, GLW, TEL: Net Current Asset Value Comparison

For the Electronic Components subindustry, CWD'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.


CWD Price-to-Net-Current-Asset-Value vs Hardware Industry

For the Hardware industry and Technology sector, CWD's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


BOM:543378
82GF Score
CWD Ltd BOM:543378
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CWD Net Current Asset Value Calculation

CWD'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)
=(1912.985-1261.998--4.387-0)/22.209
=29.51

CWD'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)
=(1912.985-1261.998--4.387-0)/22.209
=29.51

* 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 ₹29.51 mean?
CWD (BOM:543378) has a Net Current Asset Value of ₹29.51 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 CWD and its competitors. This is 72% above median its historical median of 17.13. Over the past decade, CWD's Net Current Asset Value has ranged from 8.34 to 81.35. According to the industry distribution chart, CWD ranks #1312 out of 1831 companies in the Hardware industry, placing it in the top 71.7%.
Is CWD's Net Current Asset Value too high?
CWD's current Net Current Asset Value of ₹29.51 is 72% above median its 10-year median of 17.13. Over the past 10 years, this metric has ranged from a low of 8.34 to a high of 81.35. Based on the distribution chart, CWD ranks #1312 out of 1831 companies in the Hardware industry, which is below the industry midpoint. Overall, CWD has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CWD's Net Current Asset Value compare to APH and GLW?
According to the Hardware industry distribution chart, CWD ranks #1312 out of 1831 companies for Net Current Asset Value. This places CWD in the lower half of its industry. The industry median Net Current Asset Value is 5.33. Historically, CWD's own Net Current Asset Value has ranged from 8.34 to 81.35 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 5.33, based on 1,831 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 CWD and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CWD's current Net Current Asset Value is ₹29.51, which is 72% above median its own 10-year median of 17.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CWD stock overvalued right now?
Based on GuruFocus' analysis, CWD (BOM:543378) is currently considered Possible Value Trap. The stock's GF Value™ is ₹866.35, compared to a current price of ₹309.00 — trading 64.3% below its estimated fair value. The current Net Current Asset Value is ₹29.51, which is 72% above median its 10-year median of 17.13. CWD's overall GF Score™ is 82/100 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 CWD (BOM:543378), the current Net Current Asset Value is ₹29.51 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 CWD (BOM:543378) Overvalued in 2026?

Based on GuruFocus' analysis, CWD stock appears to be undervalued. The current stock price of ₹309.00 is trading 64.3% below its estimated GF Value™ of ₹866.35. GuruFocus considers CWD to be Possible Value Trap.

Key valuation signals for BOM:543378:

  • Net Current Asset Value: ₹29.51 (72% above median its 10-year median of 17.13)
  • GF Value™: ₹866.35 vs. price of ₹309.00 (64.3% below fair value)
  • GF Score™: 82/100 with 7 warning signs

No single metric tells the full story. See the BOM:543378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CWD Business Description

Address Plot No. 439, Kalbadevi Road, Hasham Premji Building, 101, 1st Floor, Marine Lines, Mumbai, MH, IND, 400 002
CWD Ltd is an Information and Communication Technology (ICT) company specializing in designing, developing, manufacturing, and selling integrated wireless technology solutions. The company focuses on wireless communication technologies including NFC, Bluetooth BLE, Wi-Fi, Zigbee, LoRa, 5G LTE, NB-IoT, and LTE CAT M1. Its diversified product portfolio includes smart medical consumer electronics, vaccine tracking and delivery devices, farm cattle tracking systems, smart power meter electronics, employee safety and identity solutions, smart lighting components, and Bluetooth low energy modules. CWD also has subsidiaries and has expanded its footprint through acquisitions. CWD operates in two prominent segments, Consumer Electronics and Design and Development of Technology Solutions.
82GF Score

Get the complete analysis for BOM:543378

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

₹309.00
Price
₹866.35
GF Value