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Gaiax CoNGO:3775 -2.01%56 Net Current Asset Value is 円225.06 as of Dec. 2025, which is 100% below its 10-year median of 2.35. GuruFocus rates NGO:3775 with a GF Score™ of 56/100 and a GF Value™ of 円604.27 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 366 Interactive Media companies, Gaiax Co ranks better than 72.13% 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).
Gaiax Co's net current asset value per share for the quarter that ended in Dec. 2025 was 円225.06.
The historical rank and industry rank for Gaiax Co's Net Current Asset Value or its related term are showing as below:
NGO:3775'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.65 Med: 2.35 Max: 4.6
Current: 1.95
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Gaiax Co was 4.60. The lowest was 1.65. And the median was 2.35.
NGO:3775's Price-to-Net-Current-Asset-Value is ranked better than 72.13% of 366
companies
in the Interactive Media industry
Industry Median: 3.67
vs NGO:3775: 1.95
Gaiax Co (NGO:3775) 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.
Gaiax Co Net Current Asset Value Related Terms
Gaiax Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Gaiax 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:3775 vs GOOGL, META, SPOT: Net Current Asset Value Comparison
For the Internet Content & Information subindustry, Gaiax 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.
Gaiax Co Price-to-Net-Current-Asset-Value vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Gaiax Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Gaiax 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225.06 mean?
Gaiax Co (NGO:3775) has a Net Current Asset Value of 円225.06 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Gaiax Co and its competitors. This is 9477% above median its historical median of 2.35. Over the past decade, Gaiax Co's Net Current Asset Value has ranged from 1.65 to 4.60. According to the industry distribution chart, Gaiax Co ranks #102 out of 366 companies in the Interactive Media industry, placing it in the top 27.9%.
Is Gaiax Co's Net Current Asset Value too high?
Gaiax Co's current Net Current Asset Value of 円225.06 is 9477% above median its 10-year median of 2.35. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 4.60. Based on the distribution chart, Gaiax Co ranks #102 out of 366 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Gaiax Co has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gaiax Co's Net Current Asset Value compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Gaiax Co ranks #102 out of 366 companies for Net Current Asset Value. This puts Gaiax Co in the upper half of its industry. The industry median Net Current Asset Value is 3.67. Historically, Gaiax Co's own Net Current Asset Value has ranged from 1.65 to 4.60 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 an Interactive Media company?
The median Net Current Asset Value among Interactive Media companies is 3.67, based on 366 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 Gaiax Co and its competitors. For the Interactive Media industry, the median Net Current Asset Value is 3.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gaiax Co's current Net Current Asset Value is 円225.06, which is 9477% above median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gaiax Co stock overvalued right now?
Based on GuruFocus' analysis, Gaiax Co (NGO:3775) is currently considered Modestly Undervalued. The stock's GF Value™ is 円604.27, compared to a current price of 円439.00 — trading 27.4% below its estimated fair value. The current Net Current Asset Value is 円225.06, which is 9477% above median its 10-year median of 2.35. Gaiax Co's overall GF Score™ is 56/100 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 Gaiax Co (NGO:3775), the current Net Current Asset Value is 円225.06 as of Dec. 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 Gaiax Co (NGO:3775) Overvalued in 2026?
Based on GuruFocus' analysis, Gaiax Co stock appears to be undervalued.
The current stock price of 円439.00 is trading 27.4% below its estimated GF Value™ of 円604.27.
GuruFocus considers Gaiax Co to be Modestly Undervalued.
Key valuation signals for NGO:3775:
Net Current Asset Value: 円225.06 (9477% above median its 10-year median of 2.35)
GF Value™: 円604.27 vs. price of 円439.00 (27.4% below fair value)
No single metric tells the full story. See the NGO:3775 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gaiax Co Ltd engages in planning, developing, and managing social community sites. The company offers Web integration services, including planning, creation, and management of online communities represented by blog and SNS sites. It invests in internal and external sharing economy services born by the penetration of social media. It provides its services like planning and construction of social media to enterprises, municipalities, educational institutions, and operation. The two reportable segments of the company are Service Business and Incubation Business.
56GF Score
Get the complete analysis for NGO:3775
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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