Brass (NGO:2424) Net Current Asset Value: 円-964.60 (As of Jan. 2026)

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Director of Data and Quant Analytics at GuruFocus
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NGO:2424 Brass Corp NGO:2424
59 GF Score
Price 円477.00
GF Value 円435.28
! 5 Warning Signs
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What is Brass Net Current Asset Value?

Brass NGO:2424 59 Net Current Asset Value is 円-964.60 as of Jan. 2026. GuruFocus rates NGO:2424 with a GF Score™ of 59/100 and a GF Value™ of 円435.28. The stock has 5 warning signs investors should review. Among 32 Personal Services companies, Brass ranks worse than 3124996.88% 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).

Brass's net current asset value per share for the quarter that ended in Jan. 2026 was 円-964.60.

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

NGO:2424's Price-to-Net-Current-Asset-Value is not ranked *
in the Personal Services industry.
Industry Median: 3.1
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Brass  (NGO:2424) 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.


Brass Net Current Asset Value Related Terms


Brass Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Brass'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.

Brass Net Current Asset Value Chart

Brass Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,145.89 -1,058.40 -870.78 -922.01 -843.64

Brass Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -843.87 -843.64 -990.09 -964.60 -1,002.78

NGO:2424 vs ROL, SCI, FTDR: Net Current Asset Value Comparison

For the Personal Services subindustry, Brass'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.


Brass Price-to-Net-Current-Asset-Value vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Brass's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


NGO:2424
59GF Score
Brass Corp NGO:2424
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brass Net Current Asset Value Calculation

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

Net Current Asset Value Per Share(A: Jul. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2769.184-7256.518-0-0)/5.319
=-843.64

Brass's Net Current Asset Value (NCAV) per share for the quarter that ended in Jan. 2026 is calculated as

Net Current Asset Value Per Share(Q: Jan. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2856.056-7986.766-0-0)/5.319
=-964.60

* 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 円-964.60 mean?
Brass (NGO:2424) has a Net Current Asset Value of 円-964.60 as of Jan. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Brass and its competitors. According to the industry distribution chart, Brass ranks #999999 out of 32 companies in the Personal Services industry.
Is Brass' Net Current Asset Value too high?
Brass' current Net Current Asset Value is 円-964.60. Based on the distribution chart, Brass ranks #999999 out of 32 companies in the Personal Services industry, which is in the bottom quartile relative to peers. Overall, Brass has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Brass' Net Current Asset Value compare to ROL and SCI?
According to the Personal Services industry distribution chart, Brass ranks #999999 out of 32 companies for Net Current Asset Value. This places Brass in the lower half of its industry. The industry median Net Current Asset Value is 3.10. 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 Personal Services company?
The median Net Current Asset Value among Personal Services companies is 3.10, based on 32 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 Brass and its competitors. For the Personal Services industry, the median Net Current Asset Value is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brass's current Net Current Asset Value is 円-964.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brass stock overvalued right now?
Brass (NGO:2424) has a current Net Current Asset Value of 円-964.60. The stock's GF Value™ is 円435.28, compared to a current price of 円477.00 — trading 9.6% above its estimated fair value. The current Net Current Asset Value is 円-964.60. Brass' overall GF Score™ is 59/100 with 5 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 Brass (NGO:2424), the current Net Current Asset Value is 円-964.60 as of Jan. 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 Brass (NGO:2424) Overvalued in 2026?

Based on GuruFocus' analysis, Brass stock appears to be overvalued. The current stock price of 円477.00 is trading 9.6% above its estimated GF Value™ of 円435.28.

Key valuation signals for NGO:2424:

  • Net Current Asset Value: 円-964.60
  • GF Value™: 円435.28 vs. price of 円477.00 (9.6% above fair value)
  • GF Score™: 59/100 with 5 warning signs

No single metric tells the full story. See the NGO:2424 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brass Business Description

Other Exchanges 2424:Japan
Address 2-34-1 Meieki, Yubinbango 451, Ecole Plaza Meieki Building, 4th floor, Nishi-ku, Aichi Prefecture, Nagoya, JPN, 451-0045
Brass Corp is engaged in house wedding business. It is focused on planning and management of wedding reception accompanying house wedding business, sales and rental of wedding costume. It also has a restaurant business.
59GF Score

Get the complete analysis for NGO:2424

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

円477.00
Price
円435.28
GF Value