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Travel Food ServicesNSE:TRAVELFOOD +1.85%21 Net Current Asset Value is ₹38.30 as of Mar. 2026, which is 100% below its 10-year median of 32.95. GuruFocus rates NSE:TRAVELFOOD with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 73 Restaurants companies, Travel Food Services ranks worse than 84.93% 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).
Travel Food Services's net current asset value per share for the quarter that ended in Mar. 2026 was ₹38.30.
The historical rank and industry rank for Travel Food Services's Net Current Asset Value or its related term are showing as below:
NSE:TRAVELFOOD'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 32.95 Med: 32.95 Max: 34.02
Current: 34.02
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Travel Food Services was 34.02. The lowest was 32.95. And the median was 32.95.
NSE:TRAVELFOOD's Price-to-Net-Current-Asset-Value is ranked worse than 84.93% of 73
companies
in the Restaurants industry
Industry Median: 10.2
vs NSE:TRAVELFOOD: 34.02
Travel Food Services (NSE:TRAVELFOOD) 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.
Travel Food Services Net Current Asset Value Related Terms
Travel Food Services Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Travel Food Services'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.
Travel Food Services Net Current Asset Value Chart
NSE:TRAVELFOOD vs MCD, SBUX, YUM: Net Current Asset Value Comparison
For the Restaurants subindustry, Travel Food Services'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.
Travel Food Services Price-to-Net-Current-Asset-Value vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Travel Food Services's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Travel Food Services'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 ₹38.30 mean?
Travel Food Services (NSE:TRAVELFOOD) has a Net Current Asset Value of ₹38.30 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 Travel Food Services and its competitors. This is 16% above median its historical median of 32.95. Over the past decade, Travel Food Services' Net Current Asset Value has ranged from 32.95 to 34.02. According to the industry distribution chart, Travel Food Services ranks #62 out of 73 companies in the Restaurants industry, placing it in the top 84.9%.
Is Travel Food Services' Net Current Asset Value too high?
Travel Food Services' current Net Current Asset Value of ₹38.30 is 16% above median its 10-year median of 32.95. Over the past 10 years, this metric has ranged from a low of 32.95 to a high of 34.02. Based on the distribution chart, Travel Food Services ranks #62 out of 73 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Travel Food Services has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Travel Food Services' Net Current Asset Value compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Travel Food Services ranks #62 out of 73 companies for Net Current Asset Value. This places Travel Food Services in the lower half of its industry. The industry median Net Current Asset Value is 10.20. Historically, Travel Food Services' own Net Current Asset Value has ranged from 32.95 to 34.02 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 Restaurants company?
The median Net Current Asset Value among Restaurants companies is 10.20, based on 73 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 Travel Food Services and its competitors. For the Restaurants industry, the median Net Current Asset Value is 10.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Travel Food Services's current Net Current Asset Value is ₹38.30, which is 16% above median its own 10-year median of 32.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Travel Food Services stock overvalued right now?
Travel Food Services (NSE:TRAVELFOOD) has a current Net Current Asset Value of ₹38.30. The current Net Current Asset Value is ₹38.30, which is 16% above median its 10-year median of 32.95. Travel Food Services' overall GF Score™ is 21/100 with 2 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 Travel Food Services (NSE:TRAVELFOOD), the current Net Current Asset Value is ₹38.30 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.
Travel Food Services Ltd is a player in the fast-growing Indian airport travel quick service restaurant (Travel QSR) and lounge sector. Its Travel QSR business comprises a range of curated food and beverage (F&B) concepts across cuisines, brands and formats, which have been adapted to cater to customers' demands for speed and convenience within travel environments. Its Lounge business comprises designated areas within airport terminals, accessible by first and business class passengers, members of airline loyalty programmes, select credit card and debit card holders and members of other loyalty programmes. The company had approximately had 37 Lounges across India, Malaysia and Hong Kong.
21GF Score
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