Chemical And Allied ProductsNSA:CAPP 60 Net Current Asset Value is ₦14.66 as of Mar. 2026, which is 100% below its 10-year median of 6.33. GuruFocus rates NSA:CAPP with a GF Score™ of 60/100 and a GF Value™ of ₦57.31 (Significantly Overvalued). Among 947 Chemicals companies, Chemical And Allied Products ranks worse than 72.33% 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).
Chemical And Allied Products's net current asset value per share for the quarter that ended in Mar. 2026 was ₦14.66.
The historical rank and industry rank for Chemical And Allied Products's Net Current Asset Value or its related term are showing as below:
NSA:CAPP'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.85 Med: 6.33 Max: 29.63
Current: 11.94
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Chemical And Allied Products was 29.63. The lowest was 2.85. And the median was 6.33.
NSA:CAPP's Price-to-Net-Current-Asset-Value is ranked worse than 72.33% of 947
companies
in the Chemicals industry
Industry Median: 5.27
vs NSA:CAPP: 11.94
Chemical And Allied Products (NSA:CAPP) 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.
Chemical And Allied Products Net Current Asset Value Related Terms
Chemical And Allied Products 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.
Chemical And Allied Products Net Current Asset Value Chart
NSA:CAPP vs LIN, SHW, ECL: Net Current Asset Value Comparison
For the Specialty Chemicals subindustry, Chemical And Allied Products'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.
Chemical And Allied Products Price-to-Net-Current-Asset-Value vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Chemical And Allied Products's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Chemical And Allied Products'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 ₦14.66 mean?
Chemical And Allied Products (NSA:CAPP) has a Net Current Asset Value of ₦14.66 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 Chemical And Allied Products and its competitors. This is 132% above median its historical median of 6.33. Over the past decade, Chemical And Allied Products' Net Current Asset Value has ranged from 2.85 to 29.63. According to the industry distribution chart, Chemical And Allied Products ranks #685 out of 947 companies in the Chemicals industry, placing it in the top 72.3%.
Is Chemical And Allied Products' Net Current Asset Value too high?
Chemical And Allied Products' current Net Current Asset Value of ₦14.66 is 132% above median its 10-year median of 6.33. Over the past 10 years, this metric has ranged from a low of 2.85 to a high of 29.63. Based on the distribution chart, Chemical And Allied Products ranks #685 out of 947 companies in the Chemicals industry, which is below the industry midpoint. Overall, Chemical And Allied Products has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chemical And Allied Products' Net Current Asset Value compare to LIN and SHW?
According to the Chemicals industry distribution chart, Chemical And Allied Products ranks #685 out of 947 companies for Net Current Asset Value. This places Chemical And Allied Products in the lower half of its industry. The industry median Net Current Asset Value is 5.27. Historically, Chemical And Allied Products' own Net Current Asset Value has ranged from 2.85 to 29.63 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 Chemicals company?
The median Net Current Asset Value among Chemicals companies is 5.27, based on 947 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 Chemical And Allied Products and its competitors. For the Chemicals industry, the median Net Current Asset Value is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chemical And Allied Products's current Net Current Asset Value is ₦14.66, which is 132% above median its own 10-year median of 6.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemical And Allied Products stock overvalued right now?
Based on GuruFocus' analysis, Chemical And Allied Products (NSA:CAPP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦57.31, compared to a current price of ₦175.10 — trading 205.5% above its estimated fair value. The current Net Current Asset Value is ₦14.66, which is 132% above median its 10-year median of 6.33. Chemical And Allied Products' overall GF Score™ is 60/100. 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 Chemical And Allied Products (NSA:CAPP), the current Net Current Asset Value is ₦14.66 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 Chemical And Allied Products (NSA:CAPP) Overvalued in 2026?
Based on GuruFocus' analysis, Chemical And Allied Products stock appears to be overvalued.
The current stock price of ₦175.10 is trading 205.5% above its estimated GF Value™ of ₦57.31.
GuruFocus considers Chemical And Allied Products to be Significantly Overvalued.
Key valuation signals for NSA:CAPP:
Net Current Asset Value: ₦14.66 (132% above median its 10-year median of 6.33)
GF Value™: ₦57.31 vs. price of ₦175.10 (205.5% above fair value)
No single metric tells the full story. See the NSA:CAPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chemical And Allied Products PLC is involved in the manufacturing and sale of paints. The company has only one reportable segment for the sale of paints in Nigeria. The company is is a technological licensee of AkzoNobel Coatings International B.V. The company also operates in the marine and protective coatings segment through distribution of the Hempel brand. It operates within the premium and standard segments of the Paints and Coatings market with flagship brands such as Dulux positioned in the premium segment, Caplux and Sandtex in the standard segment. Its brands are Dulux, caplux, Sandtex, and HEMPEL. Geographically, it derives the majority of its revenue from Nigeria.
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