KWPCF (Kewpie) Net Current Asset Value: $2.17 (As of Nov. 2025) — 80% Below Median


KWPCF Kewpie Corp KWPCF
80 GF Score
Price $27.53
GF Value $21.22
! 3 Warning Signs
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What is Kewpie Net Current Asset Value?

Kewpie KWPCF 80 Net Current Asset Value is $2.17 as of Nov. 2025, which is 80% below its 10-year median of 10.96. GuruFocus rates KWPCF with a GF Score™ of 80/100 and a GF Value™ of $21.22. The stock has 3 warning signs investors should review. Among 1,050 Consumer Packaged Goods companies, Kewpie ranks worse than 83.14% 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).

Kewpie's net current asset value per share for the quarter that ended in Nov. 2025 was $2.17.

The historical rank and industry rank for Kewpie's Net Current Asset Value or its related term are showing as below:

KWPCF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 9.45   Med: 10.96   Max: 14.53
Current: 13.63

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Kewpie was 14.53. The lowest was 9.45. And the median was 10.96.

KWPCF's Price-to-Net-Current-Asset-Value is ranked worse than
83.14% of 1050 companies
in the Consumer Packaged Goods industry
Industry Median: 4.2 vs KWPCF: 13.63

Kewpie  (OTCPK:KWPCF) 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 Graham’s 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.


Kewpie Net Current Asset Value Related Terms


Kewpie Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Kewpie'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.

Kewpie Net Current Asset Value Chart

Kewpie Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 1.62 1.82 2.04 2.17

Kewpie Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.25 2.57 2.31 2.17 2.08

KWPCF vs KHC, GIS: Net Current Asset Value Comparison

For the Packaged Foods subindustry, Kewpie'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.


Kewpie Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kewpie's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Kewpie's Price-to-Net-Current-Asset-Value falls into.


KWPCF
80GF Score
Kewpie Corp KWPCF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Kewpie Net Current Asset Value Calculation

Kewpie's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Nov. 2025 is calculated as

Net Current Asset Value Per Share(A: Nov. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1310.839-856.852-151.707-0)/139.173
=2.17

Kewpie's Net Current Asset Value (NCAV) per share for the quarter that ended in Nov. 2025 is calculated as

Net Current Asset Value Per Share(Q: Nov. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1310.839-856.852-151.707-0)/139.173
=2.17

* 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 $2.17 mean?
Kewpie (KWPCF) has a Net Current Asset Value of $2.17 as of Nov. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Kewpie and its competitors. This is 80% below median its historical median of 10.96. Over the past decade, Kewpie's Net Current Asset Value has ranged from 9.45 to 14.53. According to the industry distribution chart, Kewpie ranks #873 out of 1050 companies in the Consumer Packaged Goods industry, placing it in the top 83.1%.
Is Kewpie's Net Current Asset Value too high?
Kewpie's current Net Current Asset Value of $2.17 is 80% below median its 10-year median of 10.96. Over the past 10 years, this metric has ranged from a low of 9.45 to a high of 14.53. The Consumer Packaged Goods industry median Net Current Asset Value is 4.20. Kewpie's value of $2.17 is 48.3% below this industry median. Based on the distribution chart, Kewpie ranks #873 out of 1050 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Kewpie has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Kewpie's Net Current Asset Value compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Kewpie ranks #873 out of 1050 companies for Net Current Asset Value. This places Kewpie in the lower half of its industry. The industry median Net Current Asset Value is 4.20. Kewpie's value of $2.17 is 48.3% below this benchmark. Historically, Kewpie's own Net Current Asset Value has ranged from 9.45 to 14.53 over the past decade. While the company's 10-year median is 10.96 vs. the industry median of 4.20, Kewpie 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 Consumer Packaged Goods company?
The median Net Current Asset Value among Consumer Packaged Goods companies is 4.20, based on 1,050 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. Kewpie's current Net Current Asset Value of $2.17 is 48.3% 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 Kewpie and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kewpie's current Net Current Asset Value is $2.17, which is 80% below median its own 10-year median of 10.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kewpie stock overvalued right now?
Kewpie (KWPCF) has a current Net Current Asset Value of $2.17. The stock's GF Value™ is $21.22, compared to a current price of $27.53 — trading 29.7% above its estimated fair value. The current Net Current Asset Value is $2.17, which is 80% below median its 10-year median of 10.96 and 48.3% below the Consumer Packaged Goods industry median of 4.20. Kewpie's overall GF Score™ is 80/100 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 Kewpie (KWPCF), the current Net Current Asset Value is $2.17 as of Nov. 2025. 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 Kewpie (KWPCF) Overvalued in 2026?

Based on GuruFocus' analysis, Kewpie stock appears to be overvalued. The current stock price of $27.53 is trading 29.7% above its estimated GF Value™ of $21.22.

Key valuation signals for KWPCF:

  • Net Current Asset Value: $2.17 (80% below median its 10-year median of 10.96)
  • GF Value™: $21.22 vs. price of $27.53 (29.7% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 48.3% below the Consumer Packaged Goods median (#873 of 1050)

No single metric tells the full story. See the KWPCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kewpie Business Description

Other Exchanges 2809:JapanQPJ:Germany
Address 1-4-13 Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002
Kewpie Corp is a Japanese packaged-food company. The company operates through six segments. The Common segment handles shared operations such as food manufacturing machinery and general food products. The Fine Chemicals segment produces ingredients like hyaluronic acid and egg yolk lecithin for pharmaceuticals, cosmetics, and food applications. The For Business Use and For Commercial Use segments manufacture and sell mayonnaise, dressings, pasta sauces, egg products, and salads for household and institutional markets. The Fruit Solutions segment offers jams and processed fruit products for home and industrial use, while the Overseas segment manufactures and sells food products such as mayonnaise and dressings in markets across Asia, North America, and other regions.
80GF Score

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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$27.53
Price
$21.22
GF Value