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Forbes Precision Tools and Machine PartsBOM:544186 +0.34%18 Net Current Asset Value is ₹7.72 as of Mar. 2026, which is 100% below its 10-year median of 17.20. GuruFocus rates BOM:544186 with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 2,221 Industrial Products companies, Forbes Precision Tools and Machine Parts ranks worse than 84.96% 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).
BOM:544186'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 13.69 Med: 17.2 Max: 20.71
Current: 19.23
During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Forbes Precision Tools and Machine Parts was 20.71. The lowest was 13.69. And the median was 17.20.
BOM:544186's Price-to-Net-Current-Asset-Value is ranked worse than 84.96% of 2221
companies
in the Industrial Products industry
Industry Median: 5.37
vs BOM:544186: 19.23
Forbes Precision Tools and Machine Parts (BOM:544186) 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.
Forbes Precision Tools and Machine Parts Net Current Asset Value Related Terms
Forbes Precision Tools and Machine Parts Net Current Asset Value Historical Data
* 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.
Forbes Precision Tools and Machine Parts Net Current Asset Value Chart
Forbes Precision Tools and Machine Parts Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Net Current Asset Value
0.01
6.07
7.00
7.72
Forbes Precision Tools and Machine Parts Quarterly Data
BOM:544186 vs SNA, RBC, SWK: Net Current Asset Value Comparison
For the Tools & Accessories subindustry, Forbes Precision Tools and Machine Parts'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.
Forbes Precision Tools and Machine Parts Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Forbes Precision Tools and Machine Parts's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Forbes Precision Tools and Machine Parts'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 ₹7.72 mean?
Forbes Precision Tools and Machine Parts (BOM:544186) has a Net Current Asset Value of ₹7.72 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 Forbes Precision Tools and Machine Parts and its competitors. This is 55% below median its historical median of 17.20. Over the past decade, Forbes Precision Tools and Machine Parts' Net Current Asset Value has ranged from 13.69 to 20.71. According to the industry distribution chart, Forbes Precision Tools and Machine Parts ranks #1887 out of 2221 companies in the Industrial Products industry, placing it in the top 85%.
Is Forbes Precision Tools and Machine Parts' Net Current Asset Value too high?
Forbes Precision Tools and Machine Parts' current Net Current Asset Value of ₹7.72 is 55% below median its 10-year median of 17.20. Over the past 10 years, this metric has ranged from a low of 13.69 to a high of 20.71. Based on the distribution chart, Forbes Precision Tools and Machine Parts ranks #1887 out of 2221 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Forbes Precision Tools and Machine Parts has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Forbes Precision Tools and Machine Parts' Net Current Asset Value compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Forbes Precision Tools and Machine Parts ranks #1887 out of 2221 companies for Net Current Asset Value. This places Forbes Precision Tools and Machine Parts in the lower half of its industry. The industry median Net Current Asset Value is 5.37. Historically, Forbes Precision Tools and Machine Parts' own Net Current Asset Value has ranged from 13.69 to 20.71 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 5.37, based on 2,221 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 Forbes Precision Tools and Machine Parts and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forbes Precision Tools and Machine Parts's current Net Current Asset Value is ₹7.72, which is 55% below median its own 10-year median of 17.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forbes Precision Tools and Machine Parts stock overvalued right now?
Forbes Precision Tools and Machine Parts (BOM:544186) has a current Net Current Asset Value of ₹7.72. The current Net Current Asset Value is ₹7.72, which is 55% below median its 10-year median of 17.20. Forbes Precision Tools and Machine Parts' overall GF Score™ is 18/100 with 1 warning sign 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 Forbes Precision Tools and Machine Parts (BOM:544186), the current Net Current Asset Value is ₹7.72 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.
Forbes Precision Tools and Machine Parts Ltd manufactures precision cutting tools and related components. The products offered by the company include taps, carbon and/or steel taps, drills, rotary burrs, tools, threading tools, grinding tools, measuring tools, hand tools, and precision tools. The principal geographical area in which the company operates is India.
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