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Nihon Trim CoFRA:NH8 86 Net Current Asset Value is €8.09 as of Mar. 2026, which is 100% below its 10-year median of 2.68. GuruFocus rates FRA:NH8 with a GF Score™ of 86/100 and a GF Value™ of €23.91 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,216 Industrial Products companies, Nihon Trim Co ranks better than 67.6% 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).
Nihon Trim Co's net current asset value per share for the quarter that ended in Mar. 2026 was €8.09.
The historical rank and industry rank for Nihon Trim Co's Net Current Asset Value or its related term are showing as below:
FRA:NH8'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.73 Med: 2.68 Max: 4.43
Current: 3.07
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Nihon Trim Co was 4.43. The lowest was 1.73. And the median was 2.68.
FRA:NH8's Price-to-Net-Current-Asset-Value is ranked better than 67.6% of 2216
companies
in the Industrial Products industry
Industry Median: 4.94
vs FRA:NH8: 3.07
Nihon Trim Co (FRA:NH8) 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.
Nihon Trim Co Net Current Asset Value Related Terms
Nihon Trim Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Nihon Trim 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.
FRA:NH8 vs VLTO, ZWS, CECO: Net Current Asset Value Comparison
For the Pollution & Treatment Controls subindustry, Nihon Trim 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.
Nihon Trim Co Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nihon Trim Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Nihon Trim 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 €8.09 mean?
Nihon Trim Co (FRA:NH8) has a Net Current Asset Value of €8.09 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 Nihon Trim Co and its competitors. This is 202% above median its historical median of 2.68. Over the past decade, Nihon Trim Co's Net Current Asset Value has ranged from 1.73 to 4.43. According to the industry distribution chart, Nihon Trim Co ranks #718 out of 2216 companies in the Industrial Products industry, placing it in the top 32.4%.
Is Nihon Trim Co's Net Current Asset Value too high?
Nihon Trim Co's current Net Current Asset Value of €8.09 is 202% above median its 10-year median of 2.68. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 4.43. Based on the distribution chart, Nihon Trim Co ranks #718 out of 2216 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nihon Trim Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nihon Trim Co's Net Current Asset Value compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Nihon Trim Co ranks #718 out of 2216 companies for Net Current Asset Value. This puts Nihon Trim Co in the upper half of its industry. The industry median Net Current Asset Value is 4.94. Historically, Nihon Trim Co's own Net Current Asset Value has ranged from 1.73 to 4.43 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 4.94, based on 2,216 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 Nihon Trim Co and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 4.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Trim Co's current Net Current Asset Value is €8.09, which is 202% above median its own 10-year median of 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Trim Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Trim Co (FRA:NH8) is currently considered Fairly Valued. The stock's GF Value™ is €23.91, compared to a current price of €24.00 — trading 0.4% above its estimated fair value. The current Net Current Asset Value is €8.09, which is 202% above median its 10-year median of 2.68. Nihon Trim Co's overall GF Score™ is 86/100 with 1 warning sign 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 Nihon Trim Co (FRA:NH8), the current Net Current Asset Value is €8.09 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 Nihon Trim Co (FRA:NH8) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon Trim Co stock appears to be overvalued.
The current stock price of €24.00 is trading 0.4% above its estimated GF Value™ of €23.91.
GuruFocus considers Nihon Trim Co to be Fairly Valued.
Key valuation signals for FRA:NH8:
Net Current Asset Value: €8.09 (202% above median its 10-year median of 2.68)
GF Value™: €23.91 vs. price of €24.00 (0.4% above fair value)
No single metric tells the full story. See the FRA:NH8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon Trim Co Ltd is a Japan-based company engaged in the manufacture and sale of electrolyzed reduction water equipment. The company operates through two segments namely Water healthcare business and Medical business. Its Water healthcare business segment includes sale of electrolyzed hydrogen water (EHW) apparatus and associated operations. The Medical business segment consists of business operations in the fields of medical and preventive health care and regenerative medicine. In addition, it is also involved in the production and marketing of agricultural electrolyzed reduced water apparatus and bottled drinking water.
86GF Score
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