Kyowa Leather Cloth CoKYOWF 56 Net Current Asset Value is $2.59 as of Mar. 2026, which is 39% above its 10-year median of 1.87. GuruFocus rates KYOWF with a GF Score™ of 56/100 and a GF Value™ of $4.96 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 946 Chemicals companies, Kyowa Leather Cloth Co ranks better than 79.6% 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).
Kyowa Leather Cloth Co's net current asset value per share for the quarter that ended in Mar. 2026 was $2.59.
The historical rank and industry rank for Kyowa Leather Cloth Co's Net Current Asset Value or its related term are showing as below:
KYOWF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.25 Med: 1.87 Max: 3.61
Current: 2.13
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Kyowa Leather Cloth Co was 3.61. The lowest was 1.25. And the median was 1.87.
KYOWF's Price-to-Net-Current-Asset-Value is ranked better than 79.6% of 946
companies
in the Chemicals industry
Industry Median: 5.215
vs KYOWF: 2.13
Kyowa Leather Cloth Co (OTCPK:KYOWF) 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.
Kyowa Leather Cloth Co Net Current Asset Value Related Terms
Kyowa Leather Cloth Co Net Current Asset Value Historical Data
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The historical data trend for Kyowa Leather Cloth 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.
Kyowa Leather Cloth Co Net Current Asset Value Chart
For the Chemicals subindustry, Kyowa Leather Cloth 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.
Kyowa Leather Cloth Co Price-to-Net-Current-Asset-Value vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Kyowa Leather Cloth Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Kyowa Leather Cloth 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 $2.59 mean?
Kyowa Leather Cloth Co (KYOWF) has a Net Current Asset Value of $2.59 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 Kyowa Leather Cloth Co and its competitors. This is 39% above median its historical median of 1.87. Over the past decade, Kyowa Leather Cloth Co's Net Current Asset Value has ranged from 1.25 to 3.61. According to the industry distribution chart, Kyowa Leather Cloth Co ranks #193 out of 946 companies in the Chemicals industry, placing it in the top 20.4%.
Is Kyowa Leather Cloth Co's Net Current Asset Value too high?
Kyowa Leather Cloth Co's current Net Current Asset Value of $2.59 is 39% above median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 3.61. The Chemicals industry median Net Current Asset Value is 5.22. Kyowa Leather Cloth Co's value of $2.59 is 50.3% below this industry median. Based on the distribution chart, Kyowa Leather Cloth Co ranks #193 out of 946 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Kyowa Leather Cloth Co has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kyowa Leather Cloth Co's Net Current Asset Value compare to DOW?
According to the Chemicals industry distribution chart, Kyowa Leather Cloth Co ranks #193 out of 946 companies for Net Current Asset Value. This places Kyowa Leather Cloth Co in the top 20% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.22. Kyowa Leather Cloth Co's value of $2.59 is 50.3% below this benchmark. Historically, Kyowa Leather Cloth Co's own Net Current Asset Value has ranged from 1.25 to 3.61 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 5.22, Kyowa Leather Cloth Co 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 Chemicals company?
The median Net Current Asset Value among Chemicals companies is 5.22, based on 946 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. Kyowa Leather Cloth Co's current Net Current Asset Value of $2.59 is 50.3% 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 Kyowa Leather Cloth Co and its competitors. For the Chemicals industry, the median Net Current Asset Value is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyowa Leather Cloth Co's current Net Current Asset Value is $2.59, which is 39% above median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyowa Leather Cloth Co stock overvalued right now?
Based on GuruFocus' analysis, Kyowa Leather Cloth Co (KYOWF) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.96, compared to a current price of $5.55 — trading 11.9% above its estimated fair value. The current Net Current Asset Value is $2.59, which is 39% above median its 10-year median of 1.87 and 50.3% below the Chemicals industry median of 5.22. Kyowa Leather Cloth Co's overall GF Score™ is 56/100 with 6 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 Kyowa Leather Cloth Co (KYOWF), the current Net Current Asset Value is $2.59 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 Kyowa Leather Cloth Co (KYOWF) Overvalued in 2026?
Based on GuruFocus' analysis, Kyowa Leather Cloth Co stock appears to be overvalued.
The current stock price of $5.55 is trading 11.9% above its estimated GF Value™ of $4.96.
GuruFocus considers Kyowa Leather Cloth Co to be Modestly Overvalued.
Key valuation signals for KYOWF:
Net Current Asset Value: $2.59 (39% above median its 10-year median of 1.87)
GF Value™: $4.96 vs. price of $5.55 (11.9% above fair value)
Industry Position: 50.3% below the Chemicals median (#193 of 946)
No single metric tells the full story. See the KYOWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kyowa Leather Cloth Co Ltd is a Japan-based chemical manufacturer. The company is mainly engaged in the manufacturing, processing, and sales of various synthetic resin products. It operates in Automotive, Housing and Fashion and lifestyle business divisions. Kyowa offers synthetic leather cover materials for automotive interiors, decorative products like wall covering paper or film, wood paneling for furniture, interior doors and walls, steel laminated decorative film, polyvinyl chloride (PVC) products consisting of handbags, shoes, and accessories.
56GF Score
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