Master ComponentsNSE:MASTER -0.24%64 Net Current Asset Value is ₹19.74 as of Mar. 2026, which is 100% below its 10-year median of 15.10. GuruFocus rates NSE:MASTER with a GF Score™ of 64/100 and a GF Value™ of ₹656.80 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 220 Packaging & Containers companies, Master Components ranks worse than 86.82% 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).
Master Components's net current asset value per share for the quarter that ended in Mar. 2026 was ₹19.74.
The historical rank and industry rank for Master Components's Net Current Asset Value or its related term are showing as below:
NSE:MASTER'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.51 Med: 15.1 Max: 22.97
Current: 18.24
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Master Components was 22.97. The lowest was 4.51. And the median was 15.10.
NSE:MASTER's Price-to-Net-Current-Asset-Value is ranked worse than 86.82% of 220
companies
in the Packaging & Containers industry
Industry Median: 3.42
vs NSE:MASTER: 18.24
Master Components (NSE:MASTER) 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.
Master Components Net Current Asset Value Related Terms
Master Components Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Master Components'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:MASTER vs SW, PKG, IP: Net Current Asset Value Comparison
For the Packaging & Containers subindustry, Master Components'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.
Master Components Price-to-Net-Current-Asset-Value vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Master Components's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Master Components'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 ₹19.74 mean?
Master Components (NSE:MASTER) has a Net Current Asset Value of ₹19.74 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 Master Components and its competitors. This is 31% above median its historical median of 15.10. Over the past decade, Master Components' Net Current Asset Value has ranged from 4.51 to 22.97. According to the industry distribution chart, Master Components ranks #191 out of 220 companies in the Packaging & Containers industry, placing it in the top 86.8%.
Is Master Components' Net Current Asset Value too high?
Master Components' current Net Current Asset Value of ₹19.74 is 31% above median its 10-year median of 15.10. Over the past 10 years, this metric has ranged from a low of 4.51 to a high of 22.97. Based on the distribution chart, Master Components ranks #191 out of 220 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Master Components has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Master Components' Net Current Asset Value compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Master Components ranks #191 out of 220 companies for Net Current Asset Value. This places Master Components in the lower half of its industry. The industry median Net Current Asset Value is 3.42. Historically, Master Components' own Net Current Asset Value has ranged from 4.51 to 22.97 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 Packaging & Containers company?
The median Net Current Asset Value among Packaging & Containers companies is 3.42, based on 220 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 Master Components and its competitors. For the Packaging & Containers industry, the median Net Current Asset Value is 3.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Master Components's current Net Current Asset Value is ₹19.74, which is 31% above median its own 10-year median of 15.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Master Components stock overvalued right now?
Based on GuruFocus' analysis, Master Components (NSE:MASTER) is currently considered Possible Value Trap. The stock's GF Value™ is ₹656.80, compared to a current price of ₹360.10 — trading 45.2% below its estimated fair value. The current Net Current Asset Value is ₹19.74, which is 31% above median its 10-year median of 15.10. Master Components' overall GF Score™ is 64/100 with 3 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 Master Components (NSE:MASTER), the current Net Current Asset Value is ₹19.74 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 Master Components (NSE:MASTER) Overvalued in 2026?
Based on GuruFocus' analysis, Master Components stock appears to be undervalued.
The current stock price of ₹360.10 is trading 45.2% below its estimated GF Value™ of ₹656.80.
GuruFocus considers Master Components to be Possible Value Trap.
Key valuation signals for NSE:MASTER:
Net Current Asset Value: ₹19.74 (31% above median its 10-year median of 15.10)
GF Value™: ₹656.80 vs. price of ₹360.10 (45.2% below fair value)
No single metric tells the full story. See the NSE:MASTER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Master Components Ltd is a company engaged in manufacturing plastic engineering components and subassemblies. The company's product is an industrial capital goods and it undergoes stringent quality tests to meet industry standards before delivering it to its clients. The company provides a list of services such as Thermoplastic Injection Moulding, Thermoset Injection Moulding, Thermoset transfer moulding, and Compression Moulding. The company's product categories include Electrical Components, Automotive Components, Electrical Components, Medical Components, Industrial Components.
64GF Score
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