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Honasa ConsumerNSE:HONASA +0.71%56 Net Current Asset Value is ₹8.55 as of Mar. 2026, which is 100% below its 10-year median of 22.04. GuruFocus rates NSE:HONASA with a GF Score™ of 56/100 and a GF Value™ of ₹366.14 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,052 Consumer Packaged Goods companies, Honasa Consumer ranks worse than 95.72% 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).
Honasa Consumer's net current asset value per share for the quarter that ended in Mar. 2026 was ₹8.55.
The historical rank and industry rank for Honasa Consumer's Net Current Asset Value or its related term are showing as below:
NSE:HONASA'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 18.81 Med: 22.04 Max: 54.63
Current: 52.47
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Honasa Consumer was 54.63. The lowest was 18.81. And the median was 22.04.
NSE:HONASA's Price-to-Net-Current-Asset-Value is ranked worse than 95.72% of 1052
companies
in the Consumer Packaged Goods industry
Industry Median: 4.115
vs NSE:HONASA: 52.47
Honasa Consumer (NSE:HONASA) 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.
Honasa Consumer Net Current Asset Value Related Terms
Honasa Consumer Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Honasa Consumer'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:HONASA vs PG, CL, KVUE: Net Current Asset Value Comparison
For the Household & Personal Products subindustry, Honasa Consumer'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.
Honasa Consumer Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Honasa Consumer's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Honasa Consumer'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 ₹8.55 mean?
Honasa Consumer (NSE:HONASA) has a Net Current Asset Value of ₹8.55 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 Honasa Consumer and its competitors. This is 61% below median its historical median of 22.04. Over the past decade, Honasa Consumer's Net Current Asset Value has ranged from 18.81 to 54.63. According to the industry distribution chart, Honasa Consumer ranks #1007 out of 1052 companies in the Consumer Packaged Goods industry, placing it in the top 95.7%.
Is Honasa Consumer's Net Current Asset Value too high?
Honasa Consumer's current Net Current Asset Value of ₹8.55 is 61% below median its 10-year median of 22.04. Over the past 10 years, this metric has ranged from a low of 18.81 to a high of 54.63. Based on the distribution chart, Honasa Consumer ranks #1007 out of 1052 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Honasa Consumer has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honasa Consumer's Net Current Asset Value compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Honasa Consumer ranks #1007 out of 1052 companies for Net Current Asset Value. This places Honasa Consumer in the lower half of its industry. The industry median Net Current Asset Value is 4.12. Historically, Honasa Consumer's own Net Current Asset Value has ranged from 18.81 to 54.63 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 Consumer Packaged Goods company?
The median Net Current Asset Value among Consumer Packaged Goods companies is 4.12, based on 1,052 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 Honasa Consumer and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honasa Consumer's current Net Current Asset Value is ₹8.55, which is 61% below median its own 10-year median of 22.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honasa Consumer stock overvalued right now?
Based on GuruFocus' analysis, Honasa Consumer (NSE:HONASA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹366.14, compared to a current price of ₹448.60 — trading 22.5% above its estimated fair value. The current Net Current Asset Value is ₹8.55, which is 61% below median its 10-year median of 22.04. Honasa Consumer's overall GF Score™ is 56/100 with 5 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 Honasa Consumer (NSE:HONASA), the current Net Current Asset Value is ₹8.55 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 Honasa Consumer (NSE:HONASA) Overvalued in 2026?
Based on GuruFocus' analysis, Honasa Consumer stock appears to be overvalued.
The current stock price of ₹448.60 is trading 22.5% above its estimated GF Value™ of ₹366.14.
GuruFocus considers Honasa Consumer to be Modestly Overvalued.
Key valuation signals for NSE:HONASA:
Net Current Asset Value: ₹8.55 (61% below median its 10-year median of 22.04)
GF Value™: ₹366.14 vs. price of ₹448.60 (22.5% above fair value)
No single metric tells the full story. See the NSE:HONASA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Honasa Consumer Ltd is a digital-first beauty and personal care (BPC) company in India. It trades various beauty and personal care products across baby care, skin care, hair, and other related personal care categories. The products are manufactured through third-party contract manufacturers under the brand name of Mamaearth, The Derma Co, BBlunt, Aqualogica, and Ayuga. Geographically, the company generates a majority of its revenue within India.
56GF Score
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