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Forge Auto InternationalNSE:FORGEAUTO 16 Net Current Asset Value is ₹13.50 as of Mar. 2025, which is 100% below its 10-year median of 4.59. GuruFocus rates NSE:FORGEAUTO with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 705 Vehicles & Parts companies, Forge Auto International ranks worse than 60.99% 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).
Forge Auto International's net current asset value per share for the quarter that ended in Mar. 2025 was ₹13.50.
The historical rank and industry rank for Forge Auto International's Net Current Asset Value or its related term are showing as below:
NSE:FORGEAUTO'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.59 Med: 4.59 Max: 6.25
Current: 6.24
During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Forge Auto International was 6.25. The lowest was 4.59. And the median was 4.59.
NSE:FORGEAUTO's Price-to-Net-Current-Asset-Value is ranked worse than 60.99% of 705
companies
in the Vehicles & Parts industry
Industry Median: 4.55
vs NSE:FORGEAUTO: 6.24
Forge Auto International (NSE:FORGEAUTO) 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.
Forge Auto International Net Current Asset Value Related Terms
Forge Auto International Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Forge Auto International'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.
Forge Auto International Net Current Asset Value Chart
Forge Auto International Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Net Current Asset Value
-9.20
-9.24
-11.02
13.50
Forge Auto International Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Net Current Asset Value
-9.20
-9.24
-11.02
13.50
NSE:FORGEAUTO vs ORLY, AZO: Net Current Asset Value Comparison
For the Auto Parts subindustry, Forge Auto International'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.
Forge Auto International Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Forge Auto International's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Forge Auto International'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 ₹13.50 mean?
Forge Auto International (NSE:FORGEAUTO) has a Net Current Asset Value of ₹13.50 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 Forge Auto International and its competitors. This is 194% above median its historical median of 4.59. Over the past decade, Forge Auto International's Net Current Asset Value has ranged from 4.59 to 6.25. According to the industry distribution chart, Forge Auto International ranks #430 out of 705 companies in the Vehicles & Parts industry, placing it in the top 61%.
Is Forge Auto International's Net Current Asset Value too high?
Forge Auto International's current Net Current Asset Value of ₹13.50 is 194% above median its 10-year median of 4.59. Over the past 10 years, this metric has ranged from a low of 4.59 to a high of 6.25. Based on the distribution chart, Forge Auto International ranks #430 out of 705 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Forge Auto International has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Forge Auto International's Net Current Asset Value compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Forge Auto International ranks #430 out of 705 companies for Net Current Asset Value. This places Forge Auto International in the lower half of its industry. The industry median Net Current Asset Value is 4.55. Historically, Forge Auto International's own Net Current Asset Value has ranged from 4.59 to 6.25 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 Vehicles & Parts company?
The median Net Current Asset Value among Vehicles & Parts companies is 4.55, based on 705 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 Forge Auto International and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forge Auto International's current Net Current Asset Value is ₹13.50, which is 194% above median its own 10-year median of 4.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forge Auto International stock overvalued right now?
Forge Auto International (NSE:FORGEAUTO) has a current Net Current Asset Value of ₹13.50. The current Net Current Asset Value is ₹13.50, which is 194% above median its 10-year median of 4.59. Forge Auto International's overall GF Score™ is 16/100 with 3 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 Forge Auto International (NSE:FORGEAUTO), the current Net Current Asset Value is ₹13.50 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.
Forge Auto International Ltd is an engineering company engaged in forging and manufacturing of complex and safety-critical, forged and precision machined components such as big rings, small rings, big ball studs, gear blank with a broach, stub axle assembly, flange yoke 325 HS, catering to different industry sectors like auto industry including automobiles, tractors, railways etc. and non-auto sectors like agriculture parts, hydraulic parts, striking tools etc. It serves its customers comprising of domestic and global original equipment manufacturers (OEMs) engaged in manufacturing for both the automotive sector and other nonautomotive sector, used across industries by a diversified base of customers.
16GF Score
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