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Australian Premium Solar (India)NSE:APS -2.42%18 Net Current Asset Value is ₹29.38 as of Mar. 2025, which is 100% below its 10-year median of 15.28. GuruFocus rates NSE:APS with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 719 Semiconductors companies, Australian Premium Solar (India) ranks worse than 55.91% 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 historical rank and industry rank for Australian Premium Solar (India)'s Net Current Asset Value or its related term are showing as below:
NSE:APS'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 10.03 Med: 15.28 Max: 17.89
Current: 10.03
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Australian Premium Solar (India) was 17.89. The lowest was 10.03. And the median was 15.28.
NSE:APS's Price-to-Net-Current-Asset-Value is ranked worse than 55.91% of 719
companies
in the Semiconductors industry
Industry Median: 8.4
vs NSE:APS: 10.03
Australian Premium Solar (India) (NSE:APS) 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.
Australian Premium Solar (India) Net Current Asset Value Related Terms
Australian Premium Solar (India) 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.
Australian Premium Solar (India) Net Current Asset Value Chart
Australian Premium Solar (India) Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Net Current Asset Value
-0.50
1.24
3.90
12.28
29.38
Australian Premium Solar (India) Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Net Current Asset Value
-0.50
1.24
3.90
12.28
29.38
NSE:APS vs FSLR, NXT, ENPH: Net Current Asset Value Comparison
For the Solar subindustry, Australian Premium Solar (India)'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.
Australian Premium Solar (India) Price-to-Net-Current-Asset-Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Australian Premium Solar (India)'s Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Australian Premium Solar (India)'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 ₹29.38 mean?
Australian Premium Solar (India) (NSE:APS) has a Net Current Asset Value of ₹29.38 as of Mar. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Australian Premium Solar (India) and its competitors. This is 92% above median its historical median of 15.28. Over the past decade, Australian Premium Solar (India)'s Net Current Asset Value has ranged from 10.03 to 17.89. According to the industry distribution chart, Australian Premium Solar (India) ranks #402 out of 719 companies in the Semiconductors industry, placing it in the top 55.9%.
Is Australian Premium Solar (India)'s Net Current Asset Value too high?
Australian Premium Solar (India)'s current Net Current Asset Value of ₹29.38 is 92% above median its 10-year median of 15.28. Over the past 10 years, this metric has ranged from a low of 10.03 to a high of 17.89. Based on the distribution chart, Australian Premium Solar (India) ranks #402 out of 719 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Australian Premium Solar (India) has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Australian Premium Solar (India)'s Net Current Asset Value compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Australian Premium Solar (India) ranks #402 out of 719 companies for Net Current Asset Value. This places Australian Premium Solar (India) in the lower half of its industry. The industry median Net Current Asset Value is 8.40. Historically, Australian Premium Solar (India)'s own Net Current Asset Value has ranged from 10.03 to 17.89 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 Semiconductors company?
The median Net Current Asset Value among Semiconductors companies is 8.40, based on 719 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 Australian Premium Solar (India) and its competitors. For the Semiconductors industry, the median Net Current Asset Value is 8.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Premium Solar (India)'s current Net Current Asset Value is ₹29.38, which is 92% above median its own 10-year median of 15.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Premium Solar (India) stock overvalued right now?
Australian Premium Solar (India) (NSE:APS) has a current Net Current Asset Value of ₹29.38. The current Net Current Asset Value is ₹29.38, which is 92% above median its 10-year median of 15.28. Australian Premium Solar (India)'s 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 Australian Premium Solar (India) (NSE:APS), the current Net Current Asset Value is ₹29.38 as of Mar. 2025. 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.
Australian Premium Solar (India) Business Description
Australian Premium Solar (India) Ltd is engaged in the manufacturing of solar panels and EPC services for solar systems. It manufactures two types of solar panels: (i) Monocrystalline Solar Panel; and (ii) N-Type TopCon. It also provides installation services for solar panels and solar pumps. The majority of the revenue is generated from the manufacturing of solar panels.
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