Industrias ChB de CVICHBF 64 Net Current Asset Value is $4.14 as of Mar. 2026, which is 25% above its 10-year median of 3.31. GuruFocus rates ICHBF with a GF Score™ of 64/100 and a GF Value™ of $9.18. The stock has 4 warning signs investors should review. Among 368 Steel companies, Industrias ChB de CV ranks better than 57.61% 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).
Industrias ChB de CV's net current asset value per share for the quarter that ended in Mar. 2026 was $4.14.
The historical rank and industry rank for Industrias ChB de CV's Net Current Asset Value or its related term are showing as below:
ICHBF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.12 Med: 3.31 Max: 4.9
Current: 2.41
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Industrias ChB de CV was 4.90. The lowest was 2.12. And the median was 3.31.
ICHBF's Price-to-Net-Current-Asset-Value is ranked better than 57.61% of 368
companies
in the Steel industry
Industry Median: 2.965
vs ICHBF: 2.41
Industrias ChB de CV (OTCPK:ICHBF) 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.
Industrias ChB de CV Net Current Asset Value Related Terms
Industrias ChB de CV Net Current Asset Value Historical Data
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The historical data trend for Industrias ChB de CV'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.
Industrias ChB de CV Net Current Asset Value Chart
ICHBF vs NUE, STLD, RS: Net Current Asset Value Comparison
For the Steel subindustry, Industrias ChB de CV'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.
Industrias ChB de CV Price-to-Net-Current-Asset-Value vs Steel Industry
For the Steel industry and Basic Materials sector, Industrias ChB de CV's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Industrias ChB de CV'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 $4.14 mean?
Industrias ChB de CV (ICHBF) has a Net Current Asset Value of $4.14 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 Industrias ChB de CV and its competitors. This is 25% above median its historical median of 3.31. Over the past decade, Industrias ChB de CV's Net Current Asset Value has ranged from 2.12 to 4.90. According to the industry distribution chart, Industrias ChB de CV ranks #156 out of 368 companies in the Steel industry, placing it in the top 42.4%.
Is Industrias ChB de CV's Net Current Asset Value too high?
Industrias ChB de CV's current Net Current Asset Value of $4.14 is 25% above median its 10-year median of 3.31. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 4.90. The Steel industry median Net Current Asset Value is 2.97. Industrias ChB de CV's value of $4.14 is 39.6% above this industry median. Based on the distribution chart, Industrias ChB de CV ranks #156 out of 368 companies in the Steel industry, which is above the industry midpoint. Overall, Industrias ChB de CV has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Industrias ChB de CV's Net Current Asset Value compare to NUE and STLD?
According to the Steel industry distribution chart, Industrias ChB de CV ranks #156 out of 368 companies for Net Current Asset Value. This puts Industrias ChB de CV in the upper half of its industry. The industry median Net Current Asset Value is 2.97. Industrias ChB de CV's value of $4.14 is 39.6% above this benchmark. Historically, Industrias ChB de CV's own Net Current Asset Value has ranged from 2.12 to 4.90 over the past decade. While the company's 10-year median is 3.31 vs. the industry median of 2.97, Industrias ChB de CV has consistently been above the industry average. 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 Steel company?
The median Net Current Asset Value among Steel companies is 2.97, based on 368 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. Industrias ChB de CV's current Net Current Asset Value of $4.14 is 39.6% above the industry median. 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 Industrias ChB de CV and its competitors. For the Steel 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. Industrias ChB de CV's current Net Current Asset Value is $4.14, which is 25% above median its own 10-year median of 3.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrias ChB de CV stock overvalued right now?
Industrias ChB de CV (ICHBF) has a current Net Current Asset Value of $4.14. The stock's GF Value™ is $9.18, compared to a current price of $9.92 — trading 8.1% above its estimated fair value. The current Net Current Asset Value is $4.14, which is 25% above median its 10-year median of 3.31 and 39.6% above the Steel industry median of 2.97. Industrias ChB de CV's overall GF Score™ is 64/100 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 Industrias ChB de CV (ICHBF), the current Net Current Asset Value is $4.14 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 Industrias ChB de CV (ICHBF) Overvalued in 2026?
Based on GuruFocus' analysis, Industrias ChB de CV stock appears to be overvalued.
The current stock price of $9.92 is trading 8.1% above its estimated GF Value™ of $9.18.
Key valuation signals for ICHBF:
Net Current Asset Value: $4.14 (25% above median its 10-year median of 3.31)
GF Value™: $9.18 vs. price of $9.92 (8.1% above fair value)
Industry Position: 39.6% above the Steel median (#156 of 368)
No single metric tells the full story. See the ICHBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Industrias Ch SAB de CV is a Mexican company. It acts as a producer of special steels in Mexico and the United States. The company's products include Billet, pipes, cylindrical and corrugated steel rods, structural profiles, commercial profiles, barbed wires, and wire rods and rod derivatives.
64GF Score
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