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Syrma SGS TechnologyNSE:SYRMA -4.55%82 Net Current Asset Value is ₹64.47 as of Mar. 2026, which is 100% below its 10-year median of 18.71. GuruFocus rates NSE:SYRMA with a GF Score™ of 82/100 and a GF Value™ of ₹940.28 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,846 Hardware companies, Syrma SGS Technology ranks worse than 86.78% 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).
Syrma SGS Technology's net current asset value per share for the quarter that ended in Mar. 2026 was ₹64.47.
The historical rank and industry rank for Syrma SGS Technology's Net Current Asset Value or its related term are showing as below:
NSE:SYRMA'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 12 Med: 18.71 Max: 41.36
Current: 21.09
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Syrma SGS Technology was 41.36. The lowest was 12.00. And the median was 18.71.
NSE:SYRMA's Price-to-Net-Current-Asset-Value is ranked worse than 86.78% of 1846
companies
in the Hardware industry
Industry Median: 5.03
vs NSE:SYRMA: 21.09
Syrma SGS Technology (NSE:SYRMA) 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.
Syrma SGS Technology Net Current Asset Value Related Terms
Syrma SGS Technology Net Current Asset Value Historical Data
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The historical data trend for Syrma SGS Technology'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.
Syrma SGS Technology Net Current Asset Value Chart
NSE:SYRMA vs APH, GLW: Net Current Asset Value Comparison
For the Electronic Components subindustry, Syrma SGS Technology'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.
Syrma SGS Technology Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Syrma SGS Technology's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Syrma SGS Technology'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 ₹64.47 mean?
Syrma SGS Technology (NSE:SYRMA) has a Net Current Asset Value of ₹64.47 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 Syrma SGS Technology and its competitors. This is 245% above median its historical median of 18.71. Over the past decade, Syrma SGS Technology's Net Current Asset Value has ranged from 12.00 to 41.36. According to the industry distribution chart, Syrma SGS Technology ranks #1602 out of 1846 companies in the Hardware industry, placing it in the top 86.8%.
Is Syrma SGS Technology's Net Current Asset Value too high?
Syrma SGS Technology's current Net Current Asset Value of ₹64.47 is 245% above median its 10-year median of 18.71. Over the past 10 years, this metric has ranged from a low of 12.00 to a high of 41.36. Based on the distribution chart, Syrma SGS Technology ranks #1602 out of 1846 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Syrma SGS Technology has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Syrma SGS Technology's Net Current Asset Value compare to APH and GLW?
According to the Hardware industry distribution chart, Syrma SGS Technology ranks #1602 out of 1846 companies for Net Current Asset Value. This places Syrma SGS Technology in the lower half of its industry. The industry median Net Current Asset Value is 5.03. Historically, Syrma SGS Technology's own Net Current Asset Value has ranged from 12.00 to 41.36 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 5.03, based on 1,846 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 Syrma SGS Technology and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Syrma SGS Technology's current Net Current Asset Value is ₹64.47, which is 245% above median its own 10-year median of 18.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Syrma SGS Technology stock overvalued right now?
Based on GuruFocus' analysis, Syrma SGS Technology (NSE:SYRMA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹940.28, compared to a current price of ₹1,359.10 — trading 44.5% above its estimated fair value. The current Net Current Asset Value is ₹64.47, which is 245% above median its 10-year median of 18.71. Syrma SGS Technology's overall GF Score™ is 82/100 with 9 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 Syrma SGS Technology (NSE:SYRMA), the current Net Current Asset Value is ₹64.47 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 Syrma SGS Technology (NSE:SYRMA) Overvalued in 2026?
Based on GuruFocus' analysis, Syrma SGS Technology stock appears to be overvalued.
The current stock price of ₹1,359.10 is trading 44.5% above its estimated GF Value™ of ₹940.28.
GuruFocus considers Syrma SGS Technology to be Significantly Overvalued.
Key valuation signals for NSE:SYRMA:
Net Current Asset Value: ₹64.47 (245% above median its 10-year median of 18.71)
GF Value™: ₹940.28 vs. price of ₹1,359.10 (44.5% above fair value)
No single metric tells the full story. See the NSE:SYRMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Syrma SGS Technology Ltd provides Electronic Manufacturing Services. The company is engaged in the business of manufacturing various electronic sub-assemblies, assemblies, and box builds, disk drives, memory modules, power supplies, adapters, fiber optic assemblies, magnetic induction coils, and RFID products, and other electronic products. It serves national and international B2B customers in the industrial, consumer electronics, healthcare, automotive, computer, medical, and railway sectors. Geographically, the majority of the company's revenue is generated within India, followed by the United States of America, and the Rest of the world.
82GF Score
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