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The Anup EngineeringNSE:ANUP +0.60%90 Net Current Asset Value is ₹142.19 as of Mar. 2026, which is 100% below its 10-year median of 8.47. GuruFocus rates NSE:ANUP with a GF Score™ of 90/100 and a GF Value™ of ₹2,567.32 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,217 Industrial Products companies, The Anup Engineering ranks worse than 80.83% 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).
The Anup Engineering's net current asset value per share for the quarter that ended in Mar. 2026 was ₹142.19.
The historical rank and industry rank for The Anup Engineering's Net Current Asset Value or its related term are showing as below:
NSE:ANUP'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.71 Med: 8.47 Max: 30.13
Current: 14.89
During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of The Anup Engineering was 30.13. The lowest was 2.71. And the median was 8.47.
NSE:ANUP's Price-to-Net-Current-Asset-Value is ranked worse than 80.83% of 2217
companies
in the Industrial Products industry
Industry Median: 4.95
vs NSE:ANUP: 14.89
The Anup Engineering (NSE:ANUP) 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.
The Anup Engineering Net Current Asset Value Related Terms
The Anup Engineering Net Current Asset Value Historical Data
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The historical data trend for The Anup Engineering'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.
The Anup Engineering Net Current Asset Value Chart
NSE:ANUP vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, The Anup Engineering'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.
The Anup Engineering Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, The Anup Engineering's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where The Anup Engineering'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 ₹142.19 mean?
The Anup Engineering (NSE:ANUP) has a Net Current Asset Value of ₹142.19 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 The Anup Engineering and its competitors. This is 1579% above median its historical median of 8.47. Over the past decade, The Anup Engineering's Net Current Asset Value has ranged from 2.71 to 30.13. According to the industry distribution chart, The Anup Engineering ranks #1792 out of 2217 companies in the Industrial Products industry, placing it in the top 80.8%.
Is The Anup Engineering's Net Current Asset Value too high?
The Anup Engineering's current Net Current Asset Value of ₹142.19 is 1579% above median its 10-year median of 8.47. Over the past 10 years, this metric has ranged from a low of 2.71 to a high of 30.13. Based on the distribution chart, The Anup Engineering ranks #1792 out of 2217 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, The Anup Engineering has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Anup Engineering's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, The Anup Engineering ranks #1792 out of 2217 companies for Net Current Asset Value. This places The Anup Engineering in the lower half of its industry. The industry median Net Current Asset Value is 4.95. Historically, The Anup Engineering's own Net Current Asset Value has ranged from 2.71 to 30.13 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 4.95, based on 2,217 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 The Anup Engineering and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 4.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Anup Engineering's current Net Current Asset Value is ₹142.19, which is 1579% above median its own 10-year median of 8.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Anup Engineering stock overvalued right now?
Based on GuruFocus' analysis, The Anup Engineering (NSE:ANUP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,567.32, compared to a current price of ₹2,119.60 — trading 17.4% below its estimated fair value. The current Net Current Asset Value is ₹142.19, which is 1579% above median its 10-year median of 8.47. The Anup Engineering's overall GF Score™ is 90/100 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 The Anup Engineering (NSE:ANUP), the current Net Current Asset Value is ₹142.19 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 The Anup Engineering (NSE:ANUP) Overvalued in 2026?
Based on GuruFocus' analysis, The Anup Engineering stock appears to be undervalued.
The current stock price of ₹2,119.60 is trading 17.4% below its estimated GF Value™ of ₹2,567.32.
GuruFocus considers The Anup Engineering to be Modestly Undervalued.
Key valuation signals for NSE:ANUP:
Net Current Asset Value: ₹142.19 (1579% above median its 10-year median of 8.47)
GF Value™: ₹2,567.32 vs. price of ₹2,119.60 (17.4% below fair value)
No single metric tells the full story. See the NSE:ANUP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Anup Engineering Ltd is engaged in the manufacturing and fabrication of process equipment required for chemicals, petrochemicals, pharmaceuticals, fertilizers, drugs, and other allied industries. The Company's business activity falls within a single operating business segment of Engineering products. The products offered by the group are Dish ends, Industrial centrifuges, Static process equipment, and others. It has a business presence in India and other countries, of which key revenue is derived from India.
90GF Score
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