Tsurumi Manufacturing CoFRA:U57 +2.81%87 Net Current Asset Value is €5.86 as of Mar. 2026, which is 100% below its 10-year median of 1.62. GuruFocus rates FRA:U57 with a GF Score™ of 87/100 and a GF Value™ of €11.83. The stock has 4 warning signs investors should review. Among 2,217 Industrial Products companies, Tsurumi Manufacturing Co ranks better than 79.52% 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).
Tsurumi Manufacturing Co's net current asset value per share for the quarter that ended in Mar. 2026 was €5.86.
The historical rank and industry rank for Tsurumi Manufacturing Co's Net Current Asset Value or its related term are showing as below:
FRA:U57'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.24 Med: 1.62 Max: 2.26
Current: 2.26
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Tsurumi Manufacturing Co was 2.26. The lowest was 1.24. And the median was 1.62.
FRA:U57's Price-to-Net-Current-Asset-Value is ranked better than 79.52% of 2217
companies
in the Industrial Products industry
Industry Median: 5.58
vs FRA:U57: 2.26
Tsurumi Manufacturing Co (FRA:U57) 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.
Tsurumi Manufacturing Co Net Current Asset Value Related Terms
Tsurumi Manufacturing Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Tsurumi Manufacturing 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.
Tsurumi Manufacturing Co Net Current Asset Value Chart
FRA:U57 vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Tsurumi Manufacturing 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.
Tsurumi Manufacturing Co Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tsurumi Manufacturing Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Tsurumi Manufacturing 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 €5.86 mean?
Tsurumi Manufacturing Co (FRA:U57) has a Net Current Asset Value of €5.86 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 Tsurumi Manufacturing Co and its competitors. This is 262% above median its historical median of 1.62. Over the past decade, Tsurumi Manufacturing Co's Net Current Asset Value has ranged from 1.24 to 2.26. According to the industry distribution chart, Tsurumi Manufacturing Co ranks #454 out of 2217 companies in the Industrial Products industry, placing it in the top 20.5%.
Is Tsurumi Manufacturing Co's Net Current Asset Value too high?
Tsurumi Manufacturing Co's current Net Current Asset Value of €5.86 is 262% above median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 2.26. Based on the distribution chart, Tsurumi Manufacturing Co ranks #454 out of 2217 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Tsurumi Manufacturing Co has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Tsurumi Manufacturing Co's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tsurumi Manufacturing Co ranks #454 out of 2217 companies for Net Current Asset Value. This places Tsurumi Manufacturing Co in the top 21% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.58. Historically, Tsurumi Manufacturing Co's own Net Current Asset Value has ranged from 1.24 to 2.26 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 5.58, based on 2,217 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 Tsurumi Manufacturing Co and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsurumi Manufacturing Co's current Net Current Asset Value is €5.86, which is 262% above median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsurumi Manufacturing Co stock overvalued right now?
Tsurumi Manufacturing Co (FRA:U57) has a current Net Current Asset Value of €5.86. The stock's GF Value™ is €11.83, compared to a current price of €12.51 — trading 5.7% above its estimated fair value. The current Net Current Asset Value is €5.86, which is 262% above median its 10-year median of 1.62. Tsurumi Manufacturing Co's overall GF Score™ is 87/100 with 4 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 Tsurumi Manufacturing Co (FRA:U57), the current Net Current Asset Value is €5.86 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 Tsurumi Manufacturing Co (FRA:U57) Overvalued in 2026?
Based on GuruFocus' analysis, Tsurumi Manufacturing Co stock appears to be overvalued.
The current stock price of €12.51 is trading 5.7% above its estimated GF Value™ of €11.83.
Key valuation signals for FRA:U57:
Net Current Asset Value: €5.86 (262% above median its 10-year median of 1.62)
GF Value™: €11.83 vs. price of €12.51 (5.7% above fair value)
No single metric tells the full story. See the FRA:U57 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tsurumi Manufacturing Co Ltd is a Japan-based company mainly engaged in the manufacture, purchase, sale, lease, rent, and repair of water pumps. The company offers products including submersible and non-submersible construction dewatering pumps, submersible sewage and wastewater pumps, submersible seawater pumps, non-submersible clean water pumps, and other submersible pumps. It also provides liquid ring pumps, water treatment equipment comprising of aeration equipment, scum skimmers, decanters, dehydrators, and screening equipment, portable generators, and liquid level sensors. Additionally, the company's products are used in construction and mining, industrial and energy, agricultural and irrigation, river and flood control, waterworks and wastewater, and environmental protection fields.
87GF Score
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