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ObayashiOBYCF -6.54%86 Net Cash per Share is $-13.24 as of Mar. 2026. GuruFocus rates OBYCF with a GF Score™ of 86/100 and a GF Value™ of $15.41 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 205 Construction companies, Obayashi ranks worse than 487804.39% on this metric.
The historical rank and industry rank for Obayashi's Net Cash per Share or its related term are showing as below:
OBYCF's Price-to-Net-Cash is not ranked *
in the Construction industry.
Industry Median: 9.37 * Ranked among companies with meaningful Price-to-Net-Cash only.
Obayashi (OTCPK:OBYCF) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Obayashi Net Cash per Share Related Terms
Obayashi Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Obayashi's Net Cash per Share 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.
OBYCF vs PWR, FIX, EME: Net Cash per Share Comparison
For the Engineering & Construction subindustry, Obayashi's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.
Obayashi Price-to-Net-Cash vs Construction Industry
For the Construction industry and Industrials sector, Obayashi's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Obayashi's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Obayashi's Net Cash per Share for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Obayashi (OBYCF) has a Net Cash per Share of $-13.24 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Obayashi and its competitors. According to the industry distribution chart, Obayashi ranks #999999 out of 205 companies in the Construction industry.
Is Obayashi's Net Cash per Share too high?
Obayashi's current Net Cash per Share is $-13.24. Based on the distribution chart, Obayashi ranks #999999 out of 205 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Obayashi has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Obayashi's Net Cash per Share compare to PWR and FIX?
According to the Construction industry distribution chart, Obayashi ranks #999999 out of 205 companies for Net Cash per Share. This places Obayashi in the lower half of its industry. The industry median Net Cash per Share is 9.37. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Construction company?
The median Net Cash per Share among Construction companies is 9.37, based on 205 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Obayashi and its competitors. For the Construction industry, the median Net Cash per Share is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Obayashi's current Net Cash per Share is $-13.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Obayashi stock overvalued right now?
Based on GuruFocus' analysis, Obayashi (OBYCF) is currently considered Modestly Overvalued. The stock's GF Value™ is $15.41, compared to a current price of $18.75 — trading 21.7% above its estimated fair value. The current Net Cash per Share is $-13.24. Obayashi's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Obayashi (OBYCF), the current Net Cash per Share is $-13.24 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 Obayashi (OBYCF) Overvalued in 2026?
Based on GuruFocus' analysis, Obayashi stock appears to be overvalued.
The current stock price of $18.75 is trading 21.7% above its estimated GF Value™ of $15.41.
GuruFocus considers Obayashi to be Modestly Overvalued.
Key valuation signals for OBYCF:
Net Cash per Share: $-13.24
GF Value™: $15.41 vs. price of $18.75 (21.7% above fair value)
No single metric tells the full story. See the OBYCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Obayashi Corp is a Japan-based company mainly engaged in construction and real estate business. The company operates through five segments. The Domestic Architecture segment undertakes construction work in Japan, while the Domestic Civil Engineering segment handles civil engineering projects within the country. The Overseas Architecture and Overseas Civil Engineering segments are involved in construction and civil engineering projects abroad. The Real Estate segment focuses on development activities, including real estate sales, leasing, and residential land development. The Others segment is engaged in PFI projects, renewable energy, rug business, and financial services. It generates the majority of its revenue from the Domestic Architecture segment.
86GF Score
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