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Mish DesignsBOM:544015 +7.44%47 Net Current Asset Value is ₹51.23 as of Mar. 2026, which is 100% below its 10-year median of 1.21. GuruFocus rates BOM:544015 with a GF Score™ of 47/100 and a GF Value™ of ₹59.19 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 633 Manufacturing - Apparel & Accessories companies, Mish Designs ranks better than 93.21% 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).
Mish Designs's net current asset value per share for the quarter that ended in Mar. 2026 was ₹51.23.
The historical rank and industry rank for Mish Designs's Net Current Asset Value or its related term are showing as below:
BOM:544015'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.59 Med: 1.21 Max: 2.99
Current: 0.63
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Mish Designs was 2.99. The lowest was 0.59. And the median was 1.21.
BOM:544015's Price-to-Net-Current-Asset-Value is ranked better than 93.21% of 633
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.04
vs BOM:544015: 0.63
Mish Designs (BOM:544015) 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.
Mish Designs Net Current Asset Value Related Terms
Mish Designs Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Mish Designs'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:544015 vs RL, LEVI, VFC: Net Current Asset Value Comparison
For the Apparel Manufacturing subindustry, Mish Designs'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.
Mish Designs Price-to-Net-Current-Asset-Value vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mish Designs's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Mish Designs'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 ₹51.23 mean?
Mish Designs (BOM:544015) has a Net Current Asset Value of ₹51.23 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 Mish Designs and its competitors. This is 4134% above median its historical median of 1.21. Over the past decade, Mish Designs' Net Current Asset Value has ranged from 0.59 to 2.99. According to the industry distribution chart, Mish Designs ranks #43 out of 633 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 6.8%.
Is Mish Designs' Net Current Asset Value too high?
Mish Designs' current Net Current Asset Value of ₹51.23 is 4134% above median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 2.99. Based on the distribution chart, Mish Designs ranks #43 out of 633 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Mish Designs has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mish Designs' Net Current Asset Value compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mish Designs ranks #43 out of 633 companies for Net Current Asset Value. This places Mish Designs in the top 7% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.04. Historically, Mish Designs' own Net Current Asset Value has ranged from 0.59 to 2.99 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 3.04, 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 Mish Designs and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Current Asset Value is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mish Designs's current Net Current Asset Value is ₹51.23, which is 4134% above median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mish Designs stock overvalued right now?
Based on GuruFocus' analysis, Mish Designs (BOM:544015) is currently considered Possible Value Trap. The stock's GF Value™ is ₹59.19, compared to a current price of ₹32.50 — trading 45.1% below its estimated fair value. The current Net Current Asset Value is ₹51.23, which is 4134% above median its 10-year median of 1.21. Mish Designs' overall GF Score™ is 47/100 with 11 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 Mish Designs (BOM:544015), the current Net Current Asset Value is ₹51.23 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 Mish Designs (BOM:544015) Overvalued in 2026?
Based on GuruFocus' analysis, Mish Designs stock appears to be undervalued.
The current stock price of ₹32.50 is trading 45.1% below its estimated GF Value™ of ₹59.19.
GuruFocus considers Mish Designs to be Possible Value Trap.
Key valuation signals for BOM:544015:
Net Current Asset Value: ₹51.23 (4134% above median its 10-year median of 1.21)
GF Value™: ₹59.19 vs. price of ₹32.50 (45.1% below fair value)
No single metric tells the full story. See the BOM:544015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mish Designs Ltd is engaged in the manufacturing and sale of fashion apparel. The company is focused on the fabrication of fabric into garments under the brand names MISH and CURVES BY MISH in India. The company offers a collection of different trending designs to cater to the diverse tastes of its customers. The company offers various products in the Women's wear segment, such as Dresses, Gowns, Tops, Co-Ords, T-shirts, Trousers, Palazzos, and other apparels.
47GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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