Northern Arc CapitalNSE:NORTHARC -2.72%38 Net Current Asset Value is ₹10.60 as of Mar. 2026, which is 100% below its 10-year median of 19.51. GuruFocus rates NSE:NORTHARC with a GF Score™ of 38/100. The stock has 7 warning signs investors should review. Among 278 Credit Services companies, Northern Arc Capital ranks worse than 95.32% 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).
Northern Arc Capital's net current asset value per share for the quarter that ended in Mar. 2026 was ₹10.60.
The historical rank and industry rank for Northern Arc Capital's Net Current Asset Value or its related term are showing as below:
NSE:NORTHARC'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 19.51 Med: 19.51 Max: 29.2
Current: 27.96
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Northern Arc Capital was 29.20. The lowest was 19.51. And the median was 19.51.
NSE:NORTHARC's Price-to-Net-Current-Asset-Value is ranked worse than 95.32% of 278
companies
in the Credit Services industry
Industry Median: 2.14
vs NSE:NORTHARC: 27.96
Northern Arc Capital (NSE:NORTHARC) 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.
Northern Arc Capital Net Current Asset Value Related Terms
Northern Arc Capital Net Current Asset Value Historical Data
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The historical data trend for Northern Arc Capital'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.
Northern Arc Capital Net Current Asset Value Chart
NSE:NORTHARC vs V, MA, AXP: Net Current Asset Value Comparison
For the Credit Services subindustry, Northern Arc Capital'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.
Northern Arc Capital Price-to-Net-Current-Asset-Value vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Northern Arc Capital's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Northern Arc Capital'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 ₹10.60 mean?
Northern Arc Capital (NSE:NORTHARC) has a Net Current Asset Value of ₹10.60 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 Northern Arc Capital and its competitors. This is 46% below median its historical median of 19.51. Over the past decade, Northern Arc Capital's Net Current Asset Value has ranged from 19.51 to 29.20. According to the industry distribution chart, Northern Arc Capital ranks #265 out of 278 companies in the Credit Services industry, placing it in the top 95.3%.
Is Northern Arc Capital's Net Current Asset Value too high?
Northern Arc Capital's current Net Current Asset Value of ₹10.60 is 46% below median its 10-year median of 19.51. Over the past 10 years, this metric has ranged from a low of 19.51 to a high of 29.20. Based on the distribution chart, Northern Arc Capital ranks #265 out of 278 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Northern Arc Capital has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Northern Arc Capital's Net Current Asset Value compare to V and MA?
According to the Credit Services industry distribution chart, Northern Arc Capital ranks #265 out of 278 companies for Net Current Asset Value. This places Northern Arc Capital in the lower half of its industry. The industry median Net Current Asset Value is 2.14. Historically, Northern Arc Capital's own Net Current Asset Value has ranged from 19.51 to 29.20 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 Credit Services company?
The median Net Current Asset Value among Credit Services companies is 2.14, based on 278 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 Northern Arc Capital and its competitors. For the Credit Services industry, the median Net Current Asset Value is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Arc Capital's current Net Current Asset Value is ₹10.60, which is 46% below median its own 10-year median of 19.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Arc Capital stock overvalued right now?
Northern Arc Capital (NSE:NORTHARC) has a current Net Current Asset Value of ₹10.60. The current Net Current Asset Value is ₹10.60, which is 46% below median its 10-year median of 19.51. Northern Arc Capital's overall GF Score™ is 38/100 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 Northern Arc Capital (NSE:NORTHARC), the current Net Current Asset Value is ₹10.60 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.
Northern Arc Capital Ltd is a platform in the financial services sector set up to cater to the credit requirements of households and businesses by providing access to debt finance. It is principally engaged in portfolio management to provide liquidity and develop access to debt-capital markets for institutions, and providing loans for personal, business, education, and mortgage purposes to individuals by setting up microfinance institutions, online debt trading platforms, and alternative investment funds. The group has three reportable segments: Financing activity, which generates maximum revenue; Investment advisory services; and Investment management services. Geographically, it operates only in India.
38GF Score
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