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Jainam Ferro Alloys (I)NSE:JAINAM 87 Net Current Asset Value is ₹18.34 as of Mar. 2026, which is 100% below its 10-year median of 3.45. GuruFocus rates NSE:JAINAM with a GF Score™ of 87/100 and a GF Value™ of ₹240.86 (Fairly Valued). The stock has 5 warning signs investors should review. Among 369 Steel companies, Jainam Ferro Alloys (I) ranks worse than 86.18% 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).
Jainam Ferro Alloys (I)'s net current asset value per share for the quarter that ended in Mar. 2026 was ₹18.34.
The historical rank and industry rank for Jainam Ferro Alloys (I)'s Net Current Asset Value or its related term are showing as below:
NSE:JAINAM'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.16 Med: 3.45 Max: 13.47
Current: 13.47
During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Jainam Ferro Alloys (I) was 13.47. The lowest was 2.16. And the median was 3.45.
NSE:JAINAM's Price-to-Net-Current-Asset-Value is ranked worse than 86.18% of 369
companies
in the Steel industry
Industry Median: 2.88
vs NSE:JAINAM: 13.47
Jainam Ferro Alloys (I) (NSE:JAINAM) 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.
Jainam Ferro Alloys (I) Net Current Asset Value Related Terms
Jainam Ferro Alloys (I) Net Current Asset Value Historical Data
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The historical data trend for Jainam Ferro Alloys (I)'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.
Jainam Ferro Alloys (I) Net Current Asset Value Chart
NSE:JAINAM vs NUE, STLD, RS: Net Current Asset Value Comparison
For the Steel subindustry, Jainam Ferro Alloys (I)'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.
Jainam Ferro Alloys (I) Price-to-Net-Current-Asset-Value vs Steel Industry
For the Steel industry and Basic Materials sector, Jainam Ferro Alloys (I)'s Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Jainam Ferro Alloys (I)'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 ₹18.34 mean?
Jainam Ferro Alloys (I) (NSE:JAINAM) has a Net Current Asset Value of ₹18.34 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 Jainam Ferro Alloys (I) and its competitors. This is 432% above median its historical median of 3.45. Over the past decade, Jainam Ferro Alloys (I)'s Net Current Asset Value has ranged from 2.16 to 13.47. According to the industry distribution chart, Jainam Ferro Alloys (I) ranks #318 out of 369 companies in the Steel industry, placing it in the top 86.2%.
Is Jainam Ferro Alloys (I)'s Net Current Asset Value too high?
Jainam Ferro Alloys (I)'s current Net Current Asset Value of ₹18.34 is 432% above median its 10-year median of 3.45. Over the past 10 years, this metric has ranged from a low of 2.16 to a high of 13.47. Based on the distribution chart, Jainam Ferro Alloys (I) ranks #318 out of 369 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Jainam Ferro Alloys (I) has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jainam Ferro Alloys (I)'s Net Current Asset Value compare to NUE and STLD?
According to the Steel industry distribution chart, Jainam Ferro Alloys (I) ranks #318 out of 369 companies for Net Current Asset Value. This places Jainam Ferro Alloys (I) in the lower half of its industry. The industry median Net Current Asset Value is 2.88. Historically, Jainam Ferro Alloys (I)'s own Net Current Asset Value has ranged from 2.16 to 13.47 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 Steel company?
The median Net Current Asset Value among Steel companies is 2.88, based on 369 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 Jainam Ferro Alloys (I) and its competitors. For the Steel industry, the median Net Current Asset Value is 2.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jainam Ferro Alloys (I)'s current Net Current Asset Value is ₹18.34, which is 432% above median its own 10-year median of 3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jainam Ferro Alloys (I) stock overvalued right now?
Based on GuruFocus' analysis, Jainam Ferro Alloys (I) (NSE:JAINAM) is currently considered Fairly Valued. The stock's GF Value™ is ₹240.86, compared to a current price of ₹247.00 — trading 2.5% above its estimated fair value. The current Net Current Asset Value is ₹18.34, which is 432% above median its 10-year median of 3.45. Jainam Ferro Alloys (I)'s overall GF Score™ is 87/100 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 Jainam Ferro Alloys (I) (NSE:JAINAM), the current Net Current Asset Value is ₹18.34 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 Jainam Ferro Alloys (I) (NSE:JAINAM) Overvalued in 2026?
Based on GuruFocus' analysis, Jainam Ferro Alloys (I) stock appears to be overvalued.
The current stock price of ₹247.00 is trading 2.5% above its estimated GF Value™ of ₹240.86.
GuruFocus considers Jainam Ferro Alloys (I) to be Fairly Valued.
Key valuation signals for NSE:JAINAM:
Net Current Asset Value: ₹18.34 (432% above median its 10-year median of 3.45)
GF Value™: ₹240.86 vs. price of ₹247.00 (2.5% above fair value)
No single metric tells the full story. See the NSE:JAINAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jainam Ferro Alloys (I) Ltd is engaged in the manufacturing of two types of Ferro Alloys - Ferro Manganese and Silico manganese, largely used in the Steel industry. Ferro silicon, ferro silicon oxide, ferro silicon, ferro silicon, and ferro chrome are among the company's products. The company also generates revenue from trading activities of manganese ore, used as a raw material in the manufacturing of Ferro alloys. It sells products within India.
87GF Score
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