Inaba Denkisangyo CoIBADF +73.25%88 Net Current Asset Value is $6.27 as of Mar. 2026, which is 287% above its 10-year median of 1.62. GuruFocus rates IBADF with a GF Score™ of 88/100 and a GF Value™ of $14.67. The stock has 3 warning signs investors should review. Among 104 Industrial Distribution companies, Inaba Denkisangyo Co ranks worse than 51.92% 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).
Inaba Denkisangyo Co's net current asset value per share for the quarter that ended in Mar. 2026 was $6.27.
The historical rank and industry rank for Inaba Denkisangyo Co's Net Current Asset Value or its related term are showing as below:
IBADF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.4 Med: 1.62 Max: 2.74
Current: 2.74
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Inaba Denkisangyo Co was 2.74. The lowest was 1.40. And the median was 1.62.
IBADF's Price-to-Net-Current-Asset-Value is ranked worse than 51.92% of 104
companies
in the Industrial Distribution industry
Industry Median: 2.68
vs IBADF: 2.74
Inaba Denkisangyo Co (OTCPK:IBADF) 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.
Inaba Denkisangyo Co Net Current Asset Value Related Terms
Inaba Denkisangyo Co Net Current Asset Value Historical Data
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The historical data trend for Inaba Denkisangyo 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.
Inaba Denkisangyo Co Net Current Asset Value Chart
IBADF vs GWW, FAST, FERG: Net Current Asset Value Comparison
For the Industrial Distribution subindustry, Inaba Denkisangyo 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.
Inaba Denkisangyo Co Price-to-Net-Current-Asset-Value vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Inaba Denkisangyo Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Inaba Denkisangyo 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 $6.27 mean?
Inaba Denkisangyo Co (IBADF) has a Net Current Asset Value of $6.27 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 Inaba Denkisangyo Co and its competitors. This is 287% above median its historical median of 1.62. Over the past decade, Inaba Denkisangyo Co's Net Current Asset Value has ranged from 1.40 to 2.74. According to the industry distribution chart, Inaba Denkisangyo Co ranks #54 out of 104 companies in the Industrial Distribution industry, placing it in the top 51.9%.
Is Inaba Denkisangyo Co's Net Current Asset Value too high?
Inaba Denkisangyo Co's current Net Current Asset Value of $6.27 is 287% above median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 2.74. The Industrial Distribution industry median Net Current Asset Value is 2.68. Inaba Denkisangyo Co's value of $6.27 is 134% above this industry median. Based on the distribution chart, Inaba Denkisangyo Co ranks #54 out of 104 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Inaba Denkisangyo Co has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Inaba Denkisangyo Co's Net Current Asset Value compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Inaba Denkisangyo Co ranks #54 out of 104 companies for Net Current Asset Value. This places Inaba Denkisangyo Co in the lower half of its industry. The industry median Net Current Asset Value is 2.68. Inaba Denkisangyo Co's value of $6.27 is 134% above this benchmark. Historically, Inaba Denkisangyo Co's own Net Current Asset Value has ranged from 1.40 to 2.74 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 2.68, Inaba Denkisangyo Co has consistently been above the industry average. 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 Distribution company?
The median Net Current Asset Value among Industrial Distribution companies is 2.68, based on 104 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. Inaba Denkisangyo Co's current Net Current Asset Value of $6.27 is 134% above the industry median. 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 Inaba Denkisangyo Co and its competitors. For the Industrial Distribution industry, the median Net Current Asset Value is 2.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inaba Denkisangyo Co's current Net Current Asset Value is $6.27, which is 287% 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 Inaba Denkisangyo Co stock overvalued right now?
Inaba Denkisangyo Co (IBADF) has a current Net Current Asset Value of $6.27. The stock's GF Value™ is $14.67, compared to a current price of $17.81 — trading 21.4% above its estimated fair value. The current Net Current Asset Value is $6.27, which is 287% above median its 10-year median of 1.62 and 134% above the Industrial Distribution industry median of 2.68. Inaba Denkisangyo Co's overall GF Score™ is 88/100 with 3 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 Inaba Denkisangyo Co (IBADF), the current Net Current Asset Value is $6.27 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 Inaba Denkisangyo Co (IBADF) Overvalued in 2026?
Based on GuruFocus' analysis, Inaba Denkisangyo Co stock appears to be overvalued.
The current stock price of $17.81 is trading 21.4% above its estimated GF Value™ of $14.67.
Key valuation signals for IBADF:
Net Current Asset Value: $6.27 (287% above median its 10-year median of 1.62)
GF Value™: $14.67 vs. price of $17.81 (21.4% above fair value)
Industry Position: 134% above the Industrial Distribution median (#54 of 104)
No single metric tells the full story. See the IBADF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Inaba Denkisangyo Co Ltd is engaged in Electrical Equipment Business, Industrial Machinery Business, and Proprietary Products Business. Electrical equipment and materials division comprises products from light fittings, air conditioning systems, distribution panels for all types of buildings. Industrial solutions division consists of solutions for issues such as improving productivity, resource conservation, and space saving. Proprietary products division includes the development of in-house brands Inaba denko and Abaniact.
88GF Score
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