Emkay Tools (NSE:ETL) Net Current Asset Value: ₹0.00 (As of . 20)

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NSE:ETL Emkay Tools Ltd NSE:ETL
2 GF Score
Price ₹970.05
! 1 Warning Sign
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What is Emkay Tools Net Current Asset Value?

Emkay Tools NSE:ETL 2 Net Current Asset Value is ₹0.00 as of . 20. GuruFocus rates NSE:ETL with a GF Score™ of 2/100. The stock has 1 warning sign investors should review. Among 2,213 Industrial Products companies, Emkay Tools ranks worse than 45187.48% 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).

Emkay Tools's net current asset value per share for the quarter that ended in . 20 was ₹0.00.

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

NSE:ETL's Price-to-Net-Current-Asset-Value is not ranked *
in the Industrial Products industry.
Industry Median: 5.04
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Emkay Tools  (NSE:ETL) 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.


Emkay Tools Net Current Asset Value Related Terms


Emkay Tools Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Emkay Tools'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.

Emkay Tools Net Current Asset Value Chart

Emkay Tools Annual Data
Trend
Net Current Asset Value

Emkay Tools Semi-Annual Data
Net Current Asset Value

NSE:ETL vs SNA, RBC, LECO: Net Current Asset Value Comparison

For the Tools & Accessories subindustry, Emkay Tools'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.


Emkay Tools Price-to-Net-Current-Asset-Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Emkay Tools's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Emkay Tools's Price-to-Net-Current-Asset-Value falls into.


NSE:ETL
2GF Score
Emkay Tools Ltd NSE:ETL
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Emkay Tools Net Current Asset Value Calculation

Emkay Tools's Net Current Asset Value (NCAV) per share for the fiscal year that ended in . 20 is calculated as

Net Current Asset Value Per Share(A: . 20 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(-N/A--)/0
=N/A

Emkay Tools's Net Current Asset Value (NCAV) per share for the quarter that ended in . 20 is calculated as

Net Current Asset Value Per Share(Q: . 20 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(-N/A--)/0
=N/A

* 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 ₹0.00 mean?
Emkay Tools (NSE:ETL) has a Net Current Asset Value of ₹0.00 as of . 20. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Emkay Tools and its competitors. According to the industry distribution chart, Emkay Tools ranks #999999 out of 2213 companies in the Industrial Products industry.
Is Emkay Tools' Net Current Asset Value too high?
Emkay Tools' current Net Current Asset Value is ₹0.00. Based on the distribution chart, Emkay Tools ranks #999999 out of 2213 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Emkay Tools has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does Emkay Tools' Net Current Asset Value compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Emkay Tools ranks #999999 out of 2213 companies for Net Current Asset Value. This places Emkay Tools in the lower half of its industry. The industry median Net Current Asset Value is 5.04. 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.04, based on 2,213 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 Emkay Tools and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emkay Tools's current Net Current Asset Value is ₹0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emkay Tools stock overvalued right now?
Emkay Tools (NSE:ETL) has a current Net Current Asset Value of ₹0.00. The current Net Current Asset Value is ₹0.00. Emkay Tools' overall GF Score™ is 2/100 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 Emkay Tools (NSE:ETL), the current Net Current Asset Value is ₹0.00 as of . 20. 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.

Emkay Tools Business Description

Address Hingna Road, B-27 & B-27/1, M.I.D.C, Industrial Area, Nagpur, MH, IND, 440 016
Emkay Tools Ltd believes in working together with the user industry to find solutions wherever improvements for tapping requirements are needed. It is engaged in designing and producing quality thread-cutting taps that are setting new standards for productivity.
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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