AVSL IndustriesNSE:AVSL 74 Net Current Asset Value is ₹2.31 as of Sep. 2025, which is 100% below its 10-year median of 5.56. GuruFocus rates NSE:AVSL with a GF Score™ of 74/100 and a GF Value™ of ₹195.66 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 219 Conglomerates companies, AVSL Industries ranks worse than 94.06% 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).
AVSL Industries's net current asset value per share for the quarter that ended in Sep. 2025 was ₹2.31.
The historical rank and industry rank for AVSL Industries's Net Current Asset Value or its related term are showing as below:
NSE:AVSL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.61 Med: 5.56 Max: 131.67
Current: 51.82
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of AVSL Industries was 131.67. The lowest was 1.61. And the median was 5.56.
NSE:AVSL's Price-to-Net-Current-Asset-Value is ranked worse than 94.06% of 219
companies
in the Conglomerates industry
Industry Median: 4.33
vs NSE:AVSL: 51.82
AVSL Industries (NSE:AVSL) 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.
AVSL Industries Net Current Asset Value Related Terms
AVSL Industries Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for AVSL Industries'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.
NSE:AVSL vs HON, MMM: Net Current Asset Value Comparison
For the Conglomerates subindustry, AVSL Industries'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.
AVSL Industries Price-to-Net-Current-Asset-Value vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, AVSL Industries's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where AVSL Industries'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 ₹2.31 mean?
AVSL Industries (NSE:AVSL) has a Net Current Asset Value of ₹2.31 as of Sep. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on AVSL Industries and its competitors. This is 58% below median its historical median of 5.56. Over the past decade, AVSL Industries' Net Current Asset Value has ranged from 1.61 to 131.67. According to the industry distribution chart, AVSL Industries ranks #206 out of 219 companies in the Conglomerates industry, placing it in the top 94.1%.
Is AVSL Industries' Net Current Asset Value too high?
AVSL Industries' current Net Current Asset Value of ₹2.31 is 58% below median its 10-year median of 5.56. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 131.67. Based on the distribution chart, AVSL Industries ranks #206 out of 219 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, AVSL Industries has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AVSL Industries' Net Current Asset Value compare to HON and MMM?
According to the Conglomerates industry distribution chart, AVSL Industries ranks #206 out of 219 companies for Net Current Asset Value. This places AVSL Industries in the lower half of its industry. The industry median Net Current Asset Value is 4.33. Historically, AVSL Industries' own Net Current Asset Value has ranged from 1.61 to 131.67 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 Conglomerates company?
The median Net Current Asset Value among Conglomerates companies is 4.33, based on 219 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 AVSL Industries and its competitors. For the Conglomerates industry, the median Net Current Asset Value is 4.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AVSL Industries's current Net Current Asset Value is ₹2.31, which is 58% below median its own 10-year median of 5.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVSL Industries stock overvalued right now?
Based on GuruFocus' analysis, AVSL Industries (NSE:AVSL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹195.66, compared to a current price of ₹119.70 — trading 38.8% below its estimated fair value. The current Net Current Asset Value is ₹2.31, which is 58% below median its 10-year median of 5.56. AVSL Industries' overall GF Score™ is 74/100 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 AVSL Industries (NSE:AVSL), the current Net Current Asset Value is ₹2.31 as of Sep. 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.
Is AVSL Industries (NSE:AVSL) Overvalued in 2026?
Based on GuruFocus' analysis, AVSL Industries stock appears to be undervalued.
The current stock price of ₹119.70 is trading 38.8% below its estimated GF Value™ of ₹195.66.
GuruFocus considers AVSL Industries to be Significantly Undervalued.
Key valuation signals for NSE:AVSL:
Net Current Asset Value: ₹2.31 (58% below median its 10-year median of 5.56)
GF Value™: ₹195.66 vs. price of ₹119.70 (38.8% below fair value)
No single metric tells the full story. See the NSE:AVSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AVSL Industries Ltd is engaged in the manufacturing and trading of PVC and Agriproducts. Its PVC products include PVC Compound, HDPE/LDPE Compound, PVC Filler, and HDPE/LDPE Tape, Polyester Tape and similar product, Aluminium Mylar tape, Marking tapes (used in cable wires as well as irrigation pipes) and others. The Company segment divided into three categories: Industrial Intermediate Goods - Raw Material for HT-LT Power Cable and Telecom Cables and irrigation products; Consumer Goods- Manufacturing of PVC/PP: Foam Board and Doors Frame and Others includes Agro commodities.
74GF Score
Get the complete analysis for NSE:AVSL
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:AVSL has been successfully added to your 
