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Laxmi DentalNSE:LAXMIDENTL +0.72%16 Net Current Asset Value is ₹25.12 as of Mar. 2026, which is 100% below its 10-year median of 14.18. GuruFocus rates NSE:LAXMIDENTL with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 569 Medical Devices & Instruments companies, Laxmi Dental ranks worse than 69.95% 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).
Laxmi Dental's net current asset value per share for the quarter that ended in Mar. 2026 was ₹25.12.
The historical rank and industry rank for Laxmi Dental's Net Current Asset Value or its related term are showing as below:
NSE:LAXMIDENTL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.3 Med: 14.18 Max: 22.06
Current: 8.87
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Laxmi Dental was 22.06. The lowest was 6.30. And the median was 14.18.
NSE:LAXMIDENTL's Price-to-Net-Current-Asset-Value is ranked worse than 69.95% of 569
companies
in the Medical Devices & Instruments industry
Industry Median: 4.86
vs NSE:LAXMIDENTL: 8.87
Laxmi Dental (NSE:LAXMIDENTL) 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.
Laxmi Dental Net Current Asset Value Related Terms
Laxmi Dental Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Laxmi Dental'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:LAXMIDENTL vs ISRG, BDX, MDLN: Net Current Asset Value Comparison
For the Medical Instruments & Supplies subindustry, Laxmi Dental'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.
Laxmi Dental Price-to-Net-Current-Asset-Value vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Laxmi Dental's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Laxmi Dental'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 ₹25.12 mean?
Laxmi Dental (NSE:LAXMIDENTL) has a Net Current Asset Value of ₹25.12 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 Laxmi Dental and its competitors. This is 77% above median its historical median of 14.18. Over the past decade, Laxmi Dental's Net Current Asset Value has ranged from 6.30 to 22.06. According to the industry distribution chart, Laxmi Dental ranks #398 out of 569 companies in the Medical Devices & Instruments industry, placing it in the top 69.9%.
Is Laxmi Dental's Net Current Asset Value too high?
Laxmi Dental's current Net Current Asset Value of ₹25.12 is 77% above median its 10-year median of 14.18. Over the past 10 years, this metric has ranged from a low of 6.30 to a high of 22.06. Based on the distribution chart, Laxmi Dental ranks #398 out of 569 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Laxmi Dental has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Laxmi Dental's Net Current Asset Value compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Laxmi Dental ranks #398 out of 569 companies for Net Current Asset Value. This places Laxmi Dental in the lower half of its industry. The industry median Net Current Asset Value is 4.86. Historically, Laxmi Dental's own Net Current Asset Value has ranged from 6.30 to 22.06 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 Medical Devices & Instruments company?
The median Net Current Asset Value among Medical Devices & Instruments companies is 4.86, based on 569 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 Laxmi Dental and its competitors. For the Medical Devices & Instruments industry, the median Net Current Asset Value is 4.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laxmi Dental's current Net Current Asset Value is ₹25.12, which is 77% above median its own 10-year median of 14.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laxmi Dental stock overvalued right now?
Laxmi Dental (NSE:LAXMIDENTL) has a current Net Current Asset Value of ₹25.12. The current Net Current Asset Value is ₹25.12, which is 77% above median its 10-year median of 14.18. Laxmi Dental's overall GF Score™ is 16/100 with 4 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 Laxmi Dental (NSE:LAXMIDENTL), the current Net Current Asset Value is ₹25.12 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.
Laxmi Dental Ltd is an end-to-end integrated dental products company. Its products include custom-made crowns and bridges, branded dental products such as clear aligners, thermoforming sheets, and aligner-related products as a part of aligner solutions, and paediatric dental products. The Group has three reportable segments: Laboratory Business segment comprises dental prostheses, such as metal-free crowns & bridges, Porcelain Fused to Metal (PFM) Crowns and Bridges, and Dentures. The Aligners Business segment comprises dental aligners, Retainers, Raw Materials for Aligners, Sport Guards, Night Guards, and Sleep Apnea Devices. The Other Business segment comprises Dental distribution products used in Dental Laboratory, Dental Clinical Services, and Dental Educational Courses.
16GF Score
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