GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Maharashtra Seamless Ltd (NSE:MAHSEAMLES) » Definitions » Net Current Asset Value

Maharashtra Seamless (NSE:MAHSEAMLES) Net Current Asset Value : ₹279.21 (As of Mar. 2025)


View and export this data going back to 2004. Start your Free Trial

What is Maharashtra Seamless Net Current Asset Value?

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).

Maharashtra Seamless's net current asset value per share for the quarter that ended in Mar. 2025 was ₹279.21.

The historical rank and industry rank for Maharashtra Seamless's Net Current Asset Value or its related term are showing as below:

NSE:MAHSEAMLES' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.26   Med: 4.11   Max: 20.28
Current: 2.51

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Maharashtra Seamless was 20.28. The lowest was 2.26. And the median was 4.11.

NSE:MAHSEAMLES's Price-to-Net-Current-Asset-Value is ranked better than
52.6% of 365 companies
in the Steel industry
Industry Median: 2.68 vs NSE:MAHSEAMLES: 2.51

Maharashtra Seamless Net Current Asset Value Historical Data

The historical data trend for Maharashtra Seamless'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.

* Premium members only.

Maharashtra Seamless Net Current Asset Value Chart

Maharashtra Seamless Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.80 92.82 158.41 205.71 279.21

Maharashtra Seamless Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 205.71 - 216.82 - 279.21

Competitive Comparison of Maharashtra Seamless's Net Current Asset Value

For the Steel subindustry, Maharashtra Seamless'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.


Maharashtra Seamless's Price-to-Net-Current-Asset-Value Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Maharashtra Seamless's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Maharashtra Seamless's Price-to-Net-Current-Asset-Value falls into.


;
;

Maharashtra Seamless Net Current Asset Value Calculation

Maharashtra Seamless's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(A: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(44348-6933.5-0-0)/133.999
=279.21

Maharashtra Seamless's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(44348-6933.5-0-0)/133.999
=279.21

* 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.


Maharashtra Seamless  (NSE:MAHSEAMLES) 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 Graham’s 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.


Maharashtra Seamless Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Maharashtra Seamless's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Maharashtra Seamless Business Description

Traded in Other Exchanges
Address
5 Pusa Road, 2nd Floor, New Delhi, IND, 110 005
Maharashtra Seamless Ltd is a steel pipe and tube manufacturer. The company's product portfolio consists of Electric Resistance Welded pipes which include Black and Galvanized pipes sold under the brand Jindal Star and Seamless Pipes and Tubes which include Hot finished, Cold drawn, and Pilgered pipes. Its products are used in various applications and sectors like Oil and Gas, Hydrocarbon, Power, Agriculture, Housing, and Infrastructure, among others. Its segments consist of Steel Pipes and Tubes and Power-Electricity, Rig, and Others. The majority of the revenue is derived from the sale of Steel Pipes and Tubes.

Maharashtra Seamless Headlines

No Headlines