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Ik Holdings CoNGO:2722 65 Net Current Asset Value is 円209.54 as of Feb. 2026, which is 100% below its 10-year median of 2.52. GuruFocus rates NGO:2722 with a GF Score™ of 65/100 and a GF Value™ of 円513.69. The stock has 3 warning signs investors should review. Among 135 Retail - Defensive companies, Ik Holdings Co ranks better than 70.37% 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).
Ik Holdings Co's net current asset value per share for the quarter that ended in Feb. 2026 was 円209.54.
The historical rank and industry rank for Ik Holdings Co's Net Current Asset Value or its related term are showing as below:
NGO:2722'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.66 Med: 2.52 Max: 8.92
Current: 1.66
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Ik Holdings Co was 8.92. The lowest was 1.66. And the median was 2.52.
NGO:2722's Price-to-Net-Current-Asset-Value is ranked better than 70.37% of 135
companies
in the Retail - Defensive industry
Industry Median: 3.31
vs NGO:2722: 1.66
Ik Holdings Co (NGO:2722) 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.
Ik Holdings Co Net Current Asset Value Related Terms
Ik Holdings Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Ik Holdings 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.
NGO:2722 vs WMT, COST, TGT: Net Current Asset Value Comparison
For the Discount Stores subindustry, Ik Holdings 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.
Ik Holdings Co Price-to-Net-Current-Asset-Value vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Ik Holdings Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Ik Holdings 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 円209.54 mean?
Ik Holdings Co (NGO:2722) has a Net Current Asset Value of 円209.54 as of Feb. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Ik Holdings Co and its competitors. This is 8215% above median its historical median of 2.52. Over the past decade, Ik Holdings Co's Net Current Asset Value has ranged from 1.66 to 8.92. According to the industry distribution chart, Ik Holdings Co ranks #40 out of 135 companies in the Retail - Defensive industry, placing it in the top 29.6%.
Is Ik Holdings Co's Net Current Asset Value too high?
Ik Holdings Co's current Net Current Asset Value of 円209.54 is 8215% above median its 10-year median of 2.52. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 8.92. Based on the distribution chart, Ik Holdings Co ranks #40 out of 135 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Ik Holdings Co has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Ik Holdings Co's Net Current Asset Value compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Ik Holdings Co ranks #40 out of 135 companies for Net Current Asset Value. This puts Ik Holdings Co in the upper half of its industry. The industry median Net Current Asset Value is 3.31. Historically, Ik Holdings Co's own Net Current Asset Value has ranged from 1.66 to 8.92 over the past decade. 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 Retail - Defensive company?
The median Net Current Asset Value among Retail - Defensive companies is 3.31, based on 135 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 Ik Holdings Co and its competitors. For the Retail - Defensive industry, the median Net Current Asset Value is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ik Holdings Co's current Net Current Asset Value is 円209.54, which is 8215% above median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ik Holdings Co stock overvalued right now?
Ik Holdings Co (NGO:2722) has a current Net Current Asset Value of 円209.54. The stock's GF Value™ is 円513.69, compared to a current price of 円445.00 — trading 13.4% below its estimated fair value. The current Net Current Asset Value is 円209.54, which is 8215% above median its 10-year median of 2.52. Ik Holdings Co's overall GF Score™ is 65/100 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 Ik Holdings Co (NGO:2722), the current Net Current Asset Value is 円209.54 as of Feb. 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 Ik Holdings Co (NGO:2722) Overvalued in 2026?
Based on GuruFocus' analysis, Ik Holdings Co stock appears to be undervalued.
The current stock price of 円445.00 is trading 13.4% below its estimated GF Value™ of 円513.69.
Key valuation signals for NGO:2722:
Net Current Asset Value: 円209.54 (8215% above median its 10-year median of 2.52)
GF Value™: 円513.69 vs. price of 円445.00 (13.4% below fair value)
No single metric tells the full story. See the NGO:2722 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ik Holdings Co Ltd is a Japan-based company engaged in direct marketing and wholesale of cosmetics, food, and daily goods, along with providing IT solutions for chat systems and contact centers. The company operates through three segments. The Direct Marketing segment is engaged in the retail business of selling SKINFOOD cosmetics through television (TV) shopping, internet shopping, and brick-and-mortar stores. The Sales Marketing segment is engaged in the wholesale business to consumer cooperatives, mail-order companies, retail stores, and overseas partner companies. The IT Solutions segment is engaged in the sale of chat systems and voice call recording systems.
65GF Score
Get the complete analysis for NGO:2722
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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