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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Creative NewtechNSE:CNL +1.92%95 Net Current Asset Value is ₹231.77 as of Mar. 2026, which is 100% below its 10-year median of 4.05. GuruFocus rates NSE:CNL with a GF Score™ of 95/100 and a GF Value™ of ₹965.27 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,846 Hardware companies, Creative Newtech ranks better than 57.37% 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).
Creative Newtech's net current asset value per share for the quarter that ended in Mar. 2026 was ₹231.77.
The historical rank and industry rank for Creative Newtech's Net Current Asset Value or its related term are showing as below:
NSE:CNL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.16 Med: 4.05 Max: 12.13
Current: 4.09
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Creative Newtech was 12.13. The lowest was 2.16. And the median was 4.05.
NSE:CNL's Price-to-Net-Current-Asset-Value is ranked better than 57.37% of 1846
companies
in the Hardware industry
Industry Median: 4.995
vs NSE:CNL: 4.09
Creative Newtech (NSE:CNL) 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.
Creative Newtech Net Current Asset Value Related Terms
Creative Newtech Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Creative Newtech'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:CNL vs SNX, ARW, AVT: Net Current Asset Value Comparison
For the Electronics & Computer Distribution subindustry, Creative Newtech'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.
Creative Newtech Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Creative Newtech's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Creative Newtech'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 ₹231.77 mean?
Creative Newtech (NSE:CNL) has a Net Current Asset Value of ₹231.77 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 Creative Newtech and its competitors. This is 5623% above median its historical median of 4.05. Over the past decade, Creative Newtech's Net Current Asset Value has ranged from 2.16 to 12.13. According to the industry distribution chart, Creative Newtech ranks #787 out of 1846 companies in the Hardware industry, placing it in the top 42.6%.
Is Creative Newtech's Net Current Asset Value too high?
Creative Newtech's current Net Current Asset Value of ₹231.77 is 5623% above median its 10-year median of 4.05. Over the past 10 years, this metric has ranged from a low of 2.16 to a high of 12.13. Based on the distribution chart, Creative Newtech ranks #787 out of 1846 companies in the Hardware industry, which is above the industry midpoint. Overall, Creative Newtech has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Creative Newtech's Net Current Asset Value compare to SNX and ARW?
According to the Hardware industry distribution chart, Creative Newtech ranks #787 out of 1846 companies for Net Current Asset Value. This puts Creative Newtech in the upper half of its industry. The industry median Net Current Asset Value is 5.00. Historically, Creative Newtech's own Net Current Asset Value has ranged from 2.16 to 12.13 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 a Hardware company?
The median Net Current Asset Value among Hardware companies is 5.00, based on 1,846 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 Creative Newtech and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Creative Newtech's current Net Current Asset Value is ₹231.77, which is 5623% above median its own 10-year median of 4.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Creative Newtech stock overvalued right now?
Based on GuruFocus' analysis, Creative Newtech (NSE:CNL) is currently considered Fairly Valued. The stock's GF Value™ is ₹965.27, compared to a current price of ₹948.75 — trading 1.7% below its estimated fair value. The current Net Current Asset Value is ₹231.77, which is 5623% above median its 10-year median of 4.05. Creative Newtech's overall GF Score™ is 95/100 with 10 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 Creative Newtech (NSE:CNL), the current Net Current Asset Value is ₹231.77 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 Creative Newtech (NSE:CNL) Overvalued in 2026?
Based on GuruFocus' analysis, Creative Newtech stock appears to be undervalued.
The current stock price of ₹948.75 is trading 1.7% below its estimated GF Value™ of ₹965.27.
GuruFocus considers Creative Newtech to be Fairly Valued.
Key valuation signals for NSE:CNL:
Net Current Asset Value: ₹231.77 (5623% above median its 10-year median of 4.05)
GF Value™: ₹965.27 vs. price of ₹948.75 (1.7% below fair value)
No single metric tells the full story. See the NSE:CNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Creative Newtech Ltd is engaged in the business of distribution of IT products. The company's B2B e-commerce platform caters to various sub-distributors, retailers, and other customers, and serves as a one-stop-shop offering end-to-end solutions. Its operating segment includes Enterprise Business - EB; Fast Moving Social - Media Gadgets - FMSG; Fast Moving Electronics Goods - FMEG and Fast Moving Consumer Technology - FMCT. The company generates maximum revenue from the Enterprise Business (EB) segment which includes high-volume products tailored for enterprise clients. Notable brands in this segment include AOC, Philips, and others. Geographically, it caters to both the Indian and international markets and derives its key revenue from outside India.
95GF Score
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