Central Japan Railway CoCJPRF 82 Net Current Asset Value is $-27.27 as of Mar. 2026. GuruFocus rates CJPRF with a GF Score™ of 82/100 and a GF Value™ of $31.06 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 358 Transportation companies, Central Japan Railway Co ranks worse than 279329.33% 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).
Central Japan Railway Co's net current asset value per share for the quarter that ended in Mar. 2026 was $-27.27.
The historical rank and industry rank for Central Japan Railway Co's Net Current Asset Value or its related term are showing as below:
CJPRF's Price-to-Net-Current-Asset-Value is not ranked *
in the Transportation industry.
Industry Median: 4.035 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Central Japan Railway Co (OTCPK:CJPRF) 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.
Central Japan Railway Co Net Current Asset Value Related Terms
Central Japan Railway Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Central Japan Railway Co'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.
Central Japan Railway Co Net Current Asset Value Chart
CJPRF vs UNP, CSX, NSC: Net Current Asset Value Comparison
For the Railroads subindustry, Central Japan Railway Co'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.
Central Japan Railway Co Price-to-Net-Current-Asset-Value vs Transportation Industry
For the Transportation industry and Industrials sector, Central Japan Railway Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Central Japan Railway Co'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 $-27.27 mean?
Central Japan Railway Co (CJPRF) has a Net Current Asset Value of $-27.27 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 Central Japan Railway Co and its competitors. According to the industry distribution chart, Central Japan Railway Co ranks #999999 out of 358 companies in the Transportation industry.
Is Central Japan Railway Co's Net Current Asset Value too high?
Central Japan Railway Co's current Net Current Asset Value is $-27.27. Based on the distribution chart, Central Japan Railway Co ranks #999999 out of 358 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Central Japan Railway Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Central Japan Railway Co's Net Current Asset Value compare to UNP and CSX?
According to the Transportation industry distribution chart, Central Japan Railway Co ranks #999999 out of 358 companies for Net Current Asset Value. This places Central Japan Railway Co in the lower half of its industry. The industry median Net Current Asset Value is 4.04. 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 Transportation company?
The median Net Current Asset Value among Transportation companies is 4.04, based on 358 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 Central Japan Railway Co and its competitors. For the Transportation industry, the median Net Current Asset Value is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Japan Railway Co's current Net Current Asset Value is $-27.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Japan Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Central Japan Railway Co (CJPRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $31.06, compared to a current price of $24.05 — trading 22.6% below its estimated fair value. The current Net Current Asset Value is $-27.27. Central Japan Railway Co's overall GF Score™ is 82/100 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 Central Japan Railway Co (CJPRF), the current Net Current Asset Value is $-27.27 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 Central Japan Railway Co (CJPRF) Overvalued in 2026?
Based on GuruFocus' analysis, Central Japan Railway Co stock appears to be undervalued.
The current stock price of $24.05 is trading 22.6% below its estimated GF Value™ of $31.06.
GuruFocus considers Central Japan Railway Co to be Modestly Undervalued.
Key valuation signals for CJPRF:
Net Current Asset Value: $-27.27
GF Value™: $31.06 vs. price of $24.05 (22.6% below fair value)
No single metric tells the full story. See the CJPRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Central Japan Railway Company, or JR Central, is the main railway operator in Nagoya and the Chubu region in central Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987. Its main asset is the Tokaido Shinkansen, which spans Japan's most wealthy and populous area and links Tokyo, Yokohama, Nagoya, Kyoto, and Osaka. It contributes three-fourths of revenue, with most of the balance from merchandise, conventional train lines, and real estate.
82GF Score
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