DRS Dilip Roadlines (NSE:DRSDILIP) Net Current Asset Value: ₹-16.19 (As of Mar. 2024)

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NSE:DRSDILIP DRS Dilip Roadlines Ltd NSE:DRSDILIP
4 GF Score
Price ₹110.00
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What is DRS Dilip Roadlines Net Current Asset Value?

DRS Dilip Roadlines NSE:DRSDILIP 4 Net Current Asset Value is ₹-16.19 as of Mar. 2024. GuruFocus rates NSE:DRSDILIP with a GF Score™ of 4/100.

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).

DRS Dilip Roadlines's net current asset value per share for the quarter that ended in Mar. 2024 was ₹-16.19.

The historical rank and industry rank for DRS Dilip Roadlines's Net Current Asset Value or its related term are showing as below:

NSE:DRSDILIP's Price-to-Net-Current-Asset-Value is not ranked *
in the Transportation industry.
Industry Median: 4.04
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

DRS Dilip Roadlines  (NSE:DRSDILIP) 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 Graham’s 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.


DRS Dilip Roadlines Net Current Asset Value Related Terms


DRS Dilip Roadlines Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for DRS Dilip Roadlines'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.

DRS Dilip Roadlines Net Current Asset Value Chart

DRS Dilip Roadlines Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.25 -4.56 -11.27 -9.56 -16.19

DRS Dilip Roadlines Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Mar24
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.05 -11.27 -2.23 -9.56 -16.19

NSE:DRSDILIP vs ODFL, XPO, SAIA: Net Current Asset Value Comparison

For the Trucking subindustry, DRS Dilip Roadlines'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.


DRS Dilip Roadlines Price-to-Net-Current-Asset-Value vs Transportation Industry

For the Transportation industry and Industrials sector, DRS Dilip Roadlines's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where DRS Dilip Roadlines's Price-to-Net-Current-Asset-Value falls into.


NSE:DRSDILIP
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DRS Dilip Roadlines Ltd NSE:DRSDILIP
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DRS Dilip Roadlines Net Current Asset Value Calculation

DRS Dilip Roadlines's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(A: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(175.733-419.639-0-0)/15.062
=-16.19

DRS Dilip Roadlines's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(175.733-419.639-0-0)/15.062
=-16.19

* 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 ₹-16.19 mean?
DRS Dilip Roadlines (NSE:DRSDILIP) has a Net Current Asset Value of ₹-16.19 as of Mar. 2024. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on DRS Dilip Roadlines and its competitors.
Is DRS Dilip Roadlines' Net Current Asset Value too high?
DRS Dilip Roadlines' current Net Current Asset Value is ₹-16.19. Overall, DRS Dilip Roadlines has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does DRS Dilip Roadlines' Net Current Asset Value compare to ODFL and XPO?
DRS Dilip Roadlines' Net Current Asset Value of ₹-16.19 can be compared against companies in the Transportation industry. The industry median Net Current Asset Value is 4.04. 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 Transportation company?
The median Net Current Asset Value among Transportation companies is 4.04, based on 361 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 DRS Dilip Roadlines and its competitors. For the Transportation industry, the median Net Current Asset Value is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DRS Dilip Roadlines's current Net Current Asset Value is ₹-16.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DRS Dilip Roadlines stock overvalued right now?
DRS Dilip Roadlines (NSE:DRSDILIP) has a current Net Current Asset Value of ₹-16.19. The current Net Current Asset Value is ₹-16.19. DRS Dilip Roadlines' overall GF Score™ is 4/100. 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 DRS Dilip Roadlines (NSE:DRSDILIP), the current Net Current Asset Value is ₹-16.19 as of Mar. 2024. 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.

DRS Dilip Roadlines Business Description

Address 61, MG Road, 220 to 224 Kabra Complex, 2nd Floor, Secunderabad, TG, IND, 500 003
DRS Dilip Roadlines Ltd is an Indian-based company engaged in the business of providing logistics services including transportation, packing, moving, and warehousing. The company's operating segment includes the Transport Division and Warehouse Division. It generates maximum revenue from the Transport Division segment. Geographically the group operates in India.
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