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ITO ENITOEF -11.73%74 Net Current Asset Value is $3.86 as of Apr. 2026, which is 73% below its 10-year median of 14.29. GuruFocus rates ITOEF with a GF Score™ of 74/100 and a GF Value™ of $24.38. The stock has 1 warning sign investors should review. Among 64 Beverages - Non-Alcoholic companies, ITO EN ranks better than 62.5% 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).
ITO EN's net current asset value per share for the quarter that ended in Apr. 2026 was $3.86.
The historical rank and industry rank for ITO EN's Net Current Asset Value or its related term are showing as below:
ITOEF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.71 Med: 14.29 Max: 63.13
Current: 4.83
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of ITO EN was 63.13. The lowest was 4.71. And the median was 14.29.
ITOEF's Price-to-Net-Current-Asset-Value is ranked better than 62.5% of 64
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 6.61
vs ITOEF: 4.83
ITO EN (OTCPK:ITOEF) 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.
ITO EN Net Current Asset Value Related Terms
ITO EN Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for ITO EN'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.
ITOEF vs KO, PEP, MNST: Net Current Asset Value Comparison
For the Beverages - Non-Alcoholic subindustry, ITO EN'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.
ITO EN Price-to-Net-Current-Asset-Value vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, ITO EN's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where ITO EN'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 $3.86 mean?
ITO EN (ITOEF) has a Net Current Asset Value of $3.86 as of Apr. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on ITO EN and its competitors. This is 73% below median its historical median of 14.29. Over the past decade, ITO EN's Net Current Asset Value has ranged from 4.71 to 63.13. According to the industry distribution chart, ITO EN ranks #24 out of 64 companies in the Beverages - Non-Alcoholic industry, placing it in the top 37.5%.
Is ITO EN's Net Current Asset Value too high?
ITO EN's current Net Current Asset Value of $3.86 is 73% below median its 10-year median of 14.29. Over the past 10 years, this metric has ranged from a low of 4.71 to a high of 63.13. The Beverages - Non-Alcoholic industry median Net Current Asset Value is 6.61. ITO EN's value of $3.86 is 41.6% below this industry median. Based on the distribution chart, ITO EN ranks #24 out of 64 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, ITO EN has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does ITO EN's Net Current Asset Value compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, ITO EN ranks #24 out of 64 companies for Net Current Asset Value. This puts ITO EN in the upper half of its industry. The industry median Net Current Asset Value is 6.61. ITO EN's value of $3.86 is 41.6% below this benchmark. Historically, ITO EN's own Net Current Asset Value has ranged from 4.71 to 63.13 over the past decade. While the company's 10-year median is 14.29 vs. the industry median of 6.61, ITO EN has consistently been below 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 a Beverages - Non-Alcoholic company?
The median Net Current Asset Value among Beverages - Non-Alcoholic companies is 6.61, based on 64 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. ITO EN's current Net Current Asset Value of $3.86 is 41.6% below 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 ITO EN and its competitors. For the Beverages - Non-Alcoholic industry, the median Net Current Asset Value is 6.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITO EN's current Net Current Asset Value is $3.86, which is 73% below median its own 10-year median of 14.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITO EN stock overvalued right now?
ITO EN (ITOEF) has a current Net Current Asset Value of $3.86. The stock's GF Value™ is $24.38, compared to a current price of $18.82 — trading 22.8% below its estimated fair value. The current Net Current Asset Value is $3.86, which is 73% below median its 10-year median of 14.29 and 41.6% below the Beverages - Non-Alcoholic industry median of 6.61. ITO EN's overall GF Score™ is 74/100 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 ITO EN (ITOEF), the current Net Current Asset Value is $3.86 as of Apr. 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 ITO EN (ITOEF) Overvalued in 2026?
Based on GuruFocus' analysis, ITO EN stock appears to be undervalued.
The current stock price of $18.82 is trading 22.8% below its estimated GF Value™ of $24.38.
Key valuation signals for ITOEF:
Net Current Asset Value: $3.86 (73% below median its 10-year median of 14.29)
GF Value™: $24.38 vs. price of $18.82 (22.8% below fair value)
Industry Position: 41.6% below the Beverages - Non-Alcoholic median (#24 of 64)
No single metric tells the full story. See the ITOEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ITO EN Ltd makes beverages and other tea and nutritional products that it sells in Japan. Ito En primarily sells green tea products, including ready-to-drink beverages, tea bags, and other tea leaf products, under its Oi Ocha brand. Other beverages the company sells include black tea, Chinese tea, coffee, vegetable beverages, fruit beverages, mineral water, and functional beverages. The Leaf- and Drink-Related business segment makes up roughly 90% of the company's total revenue. Most remaining revenue is generated from Ito En's restaurant business, which operates hundreds of Tully's coffee shops in Japan.
74GF Score
Get the complete analysis for ITOEF
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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