Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Lloyds Engineering WorksNSE:LLOYDSENGG -0.03%84 Net Current Asset Value is ₹6.81 as of Mar. 2026, which is 100% below its 10-year median of 3.75. GuruFocus rates NSE:LLOYDSENGG with a GF Score™ of 84/100 and a GF Value™ of ₹109.08 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,213 Industrial Products companies, Lloyds Engineering Works ranks worse than 78.63% 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).
Lloyds Engineering Works's net current asset value per share for the quarter that ended in Mar. 2026 was ₹6.81.
The historical rank and industry rank for Lloyds Engineering Works's Net Current Asset Value or its related term are showing as below:
NSE:LLOYDSENGG'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.35 Med: 3.75 Max: 21.68
Current: 13
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Lloyds Engineering Works was 21.68. The lowest was 0.35. And the median was 3.75.
NSE:LLOYDSENGG's Price-to-Net-Current-Asset-Value is ranked worse than 78.63% of 2213
companies
in the Industrial Products industry
Industry Median: 4.99
vs NSE:LLOYDSENGG: 13.00
Lloyds Engineering Works (NSE:LLOYDSENGG) 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.
Lloyds Engineering Works Net Current Asset Value Related Terms
Lloyds Engineering Works Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Lloyds Engineering Works'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.
Lloyds Engineering Works Net Current Asset Value Chart
NSE:LLOYDSENGG vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Lloyds Engineering Works'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.
Lloyds Engineering Works Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Lloyds Engineering Works's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Lloyds Engineering Works'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 ₹6.81 mean?
Lloyds Engineering Works (NSE:LLOYDSENGG) has a Net Current Asset Value of ₹6.81 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 Lloyds Engineering Works and its competitors. This is 82% above median its historical median of 3.75. Over the past decade, Lloyds Engineering Works' Net Current Asset Value has ranged from 0.35 to 21.68. According to the industry distribution chart, Lloyds Engineering Works ranks #1740 out of 2213 companies in the Industrial Products industry, placing it in the top 78.6%.
Is Lloyds Engineering Works' Net Current Asset Value too high?
Lloyds Engineering Works' current Net Current Asset Value of ₹6.81 is 82% above median its 10-year median of 3.75. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 21.68. Based on the distribution chart, Lloyds Engineering Works ranks #1740 out of 2213 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Lloyds Engineering Works has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lloyds Engineering Works' Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Lloyds Engineering Works ranks #1740 out of 2213 companies for Net Current Asset Value. This places Lloyds Engineering Works in the lower half of its industry. The industry median Net Current Asset Value is 4.99. Historically, Lloyds Engineering Works' own Net Current Asset Value has ranged from 0.35 to 21.68 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 4.99, based on 2,213 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 Lloyds Engineering Works and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 4.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lloyds Engineering Works's current Net Current Asset Value is ₹6.81, which is 82% above median its own 10-year median of 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lloyds Engineering Works stock overvalued right now?
Based on GuruFocus' analysis, Lloyds Engineering Works (NSE:LLOYDSENGG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹109.08, compared to a current price of ₹88.56 — trading 18.8% below its estimated fair value. The current Net Current Asset Value is ₹6.81, which is 82% above median its 10-year median of 3.75. Lloyds Engineering Works' overall GF Score™ is 84/100 with 7 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 Lloyds Engineering Works (NSE:LLOYDSENGG), the current Net Current Asset Value is ₹6.81 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 Lloyds Engineering Works (NSE:LLOYDSENGG) Overvalued in 2026?
Based on GuruFocus' analysis, Lloyds Engineering Works stock appears to be undervalued.
The current stock price of ₹88.56 is trading 18.8% below its estimated GF Value™ of ₹109.08.
GuruFocus considers Lloyds Engineering Works to be Modestly Undervalued.
Key valuation signals for NSE:LLOYDSENGG:
Net Current Asset Value: ₹6.81 (82% above median its 10-year median of 3.75)
GF Value™: ₹109.08 vs. price of ₹88.56 (18.8% below fair value)
No single metric tells the full story. See the NSE:LLOYDSENGG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lloyds Engineering Works Ltd is a Designer and Manufacturer of Heavy Equipment, Machinery and Systems for Hydro Carbon Sector, Oil & Gas, Steel Plants, Power Plants, Nuclear Plant Boilers and Turnkey Projects. The Company has single business Segment namely Engineering Products and Services.Engineering Business was established in 1974 at Andheri, Mumbai and subsequently shifted its shop and converted into heavy fabrication, machine building unit at Murbad, Thane Dist. Maharashtra. Work shop is located at Murbad District in Thane.
84GF Score
Get the complete analysis for NSE:LLOYDSENGG
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:LLOYDSENGG has been successfully added to your 
