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IFB IndustriesNSE:IFBIND -2.76%90 Net Current Asset Value is ₹38.89 as of Mar. 2026, which is 100% below its 10-year median of 27.74. GuruFocus rates NSE:IFBIND with a GF Score™ of 90/100 and a GF Value™ of ₹1,647.70 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 285 Furnishings, Fixtures & Appliances companies, IFB Industries ranks worse than 94.39% 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).
IFB Industries's net current asset value per share for the quarter that ended in Mar. 2026 was ₹38.89.
The historical rank and industry rank for IFB Industries's Net Current Asset Value or its related term are showing as below:
NSE:IFBIND'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 23 Med: 27.74 Max: 174.21
Current: 35.58
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of IFB Industries was 174.21. The lowest was 23.00. And the median was 27.74.
NSE:IFBIND's Price-to-Net-Current-Asset-Value is ranked worse than 94.39% of 285
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.55
vs NSE:IFBIND: 35.58
IFB Industries (NSE:IFBIND) 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.
IFB Industries Net Current Asset Value Related Terms
IFB Industries Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for IFB Industries'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:IFBIND vs SN, SGI, MHK: Net Current Asset Value Comparison
For the Furnishings, Fixtures & Appliances subindustry, IFB Industries'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.
IFB Industries Price-to-Net-Current-Asset-Value vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, IFB Industries's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where IFB Industries'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 ₹38.89 mean?
IFB Industries (NSE:IFBIND) has a Net Current Asset Value of ₹38.89 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 IFB Industries and its competitors. This is 40% above median its historical median of 27.74. Over the past decade, IFB Industries' Net Current Asset Value has ranged from 23.00 to 174.21. According to the industry distribution chart, IFB Industries ranks #269 out of 285 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 94.4%.
Is IFB Industries' Net Current Asset Value too high?
IFB Industries' current Net Current Asset Value of ₹38.89 is 40% above median its 10-year median of 27.74. Over the past 10 years, this metric has ranged from a low of 23.00 to a high of 174.21. Based on the distribution chart, IFB Industries ranks #269 out of 285 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, IFB Industries has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IFB Industries' Net Current Asset Value compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, IFB Industries ranks #269 out of 285 companies for Net Current Asset Value. This places IFB Industries in the lower half of its industry. The industry median Net Current Asset Value is 3.55. Historically, IFB Industries' own Net Current Asset Value has ranged from 23.00 to 174.21 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 Furnishings, Fixtures & Appliances company?
The median Net Current Asset Value among Furnishings, Fixtures & Appliances companies is 3.55, based on 285 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 IFB Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Net Current Asset Value is 3.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFB Industries's current Net Current Asset Value is ₹38.89, which is 40% above median its own 10-year median of 27.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFB Industries stock overvalued right now?
Based on GuruFocus' analysis, IFB Industries (NSE:IFBIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,647.70, compared to a current price of ₹1,384.10 — trading 16% below its estimated fair value. The current Net Current Asset Value is ₹38.89, which is 40% above median its 10-year median of 27.74. IFB Industries' overall GF Score™ is 90/100 with 2 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 IFB Industries (NSE:IFBIND), the current Net Current Asset Value is ₹38.89 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 IFB Industries (NSE:IFBIND) Overvalued in 2026?
Based on GuruFocus' analysis, IFB Industries stock appears to be undervalued.
The current stock price of ₹1,384.10 is trading 16% below its estimated GF Value™ of ₹1,647.70.
GuruFocus considers IFB Industries to be Modestly Undervalued.
Key valuation signals for NSE:IFBIND:
Net Current Asset Value: ₹38.89 (40% above median its 10-year median of 27.74)
GF Value™: ₹1,647.70 vs. price of ₹1,384.10 (16% below fair value)
No single metric tells the full story. See the NSE:IFBIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IFB Industries Ltd is an India-based company engaged in the business of fine-blanked components and home appliances. The operating divisions of the group are Engineering, Home Appliances division, Motor, Steel, and Others. It derives a majority of the revenue from the Home Appliances Division which includes products such as washing machines, clothes dryers, dishwashers, microwave ovens, air conditioners, chimneys, refrigerators, modular kitchens, and built-in ovens and built-in hobs. Geographically, the group has a business presence in India and other countries, of which a majority of the revenue is derived from India.
90GF Score
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