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ZENKOKU HOSHO CoFRA:ZKH 81 Net Current Asset Value is €-5.12 as of Mar. 2026. GuruFocus rates FRA:ZKH with a GF Score™ of 81/100 and a GF Value™ of €17.12 (Fairly Valued). The stock has 4 warning signs investors should review. Among 280 Credit Services companies, ZENKOKU HOSHO Co ranks worse than 357142.5% 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).
ZENKOKU HOSHO Co's net current asset value per share for the quarter that ended in Mar. 2026 was €-5.12.
The historical rank and industry rank for ZENKOKU HOSHO Co's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of ZENKOKU HOSHO Co was 18.98. The lowest was 11.01. And the median was 15.00.
FRA:ZKH's Price-to-Net-Current-Asset-Value is not ranked *
in the Credit Services industry.
Industry Median: 2.14 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
ZENKOKU HOSHO Co (FRA:ZKH) 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.
ZENKOKU HOSHO Co Net Current Asset Value Related Terms
ZENKOKU HOSHO Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for ZENKOKU HOSHO 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:ZKH vs V, MA, AXP: Net Current Asset Value Comparison
For the Credit Services subindustry, ZENKOKU HOSHO 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.
ZENKOKU HOSHO Co Price-to-Net-Current-Asset-Value vs Credit Services Industry
For the Credit Services industry and Financial Services sector, ZENKOKU HOSHO Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where ZENKOKU HOSHO 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 €-5.12 mean?
ZENKOKU HOSHO Co (FRA:ZKH) has a Net Current Asset Value of €-5.12 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 ZENKOKU HOSHO Co and its competitors. Over the past decade, ZENKOKU HOSHO Co's Net Current Asset Value has ranged from 11.01 to 18.98. According to the industry distribution chart, ZENKOKU HOSHO Co ranks #999999 out of 280 companies in the Credit Services industry.
Is ZENKOKU HOSHO Co's Net Current Asset Value too high?
ZENKOKU HOSHO Co's current Net Current Asset Value is €-5.12. Over the past 10 years, this metric has ranged from a low of 11.01 to a high of 18.98. Based on the distribution chart, ZENKOKU HOSHO Co ranks #999999 out of 280 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, ZENKOKU HOSHO Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ZENKOKU HOSHO Co's Net Current Asset Value compare to V and MA?
According to the Credit Services industry distribution chart, ZENKOKU HOSHO Co ranks #999999 out of 280 companies for Net Current Asset Value. This places ZENKOKU HOSHO Co in the lower half of its industry. The industry median Net Current Asset Value is 2.14. Historically, ZENKOKU HOSHO Co's own Net Current Asset Value has ranged from 11.01 to 18.98 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 Credit Services company?
The median Net Current Asset Value among Credit Services companies is 2.14, based on 280 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 ZENKOKU HOSHO Co and its competitors. For the Credit Services industry, the median Net Current Asset Value is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZENKOKU HOSHO Co's current Net Current Asset Value is €-5.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZENKOKU HOSHO Co stock overvalued right now?
Based on GuruFocus' analysis, ZENKOKU HOSHO Co (FRA:ZKH) is currently considered Fairly Valued. The stock's GF Value™ is €17.12, compared to a current price of €16.00 — trading 6.5% below its estimated fair value. The current Net Current Asset Value is €-5.12. ZENKOKU HOSHO Co's overall GF Score™ is 81/100 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 ZENKOKU HOSHO Co (FRA:ZKH), the current Net Current Asset Value is €-5.12 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 ZENKOKU HOSHO Co (FRA:ZKH) Overvalued in 2026?
Based on GuruFocus' analysis, ZENKOKU HOSHO Co stock appears to be undervalued.
The current stock price of €16.00 is trading 6.5% below its estimated GF Value™ of €17.12.
GuruFocus considers ZENKOKU HOSHO Co to be Fairly Valued.
Key valuation signals for FRA:ZKH:
Net Current Asset Value: €-5.12
GF Value™: €17.12 vs. price of €16.00 (6.5% below fair value)
No single metric tells the full story. See the FRA:ZKH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZENKOKU HOSHO Co Ltd operates a credit guarantee business. Its main offering is housing loan guarantees, which support a range of customer needs such as home purchases, refinancing, and renovations, with fees determined by factors like collateral value, income, and employment history. It also provides education loan guarantees covering tuition, exam fees, and other school-related costs for both term loans and overdraft formats. In addition, the company offers apartment loan guarantees that cover borrowing for rental housing construction.
81GF Score
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