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Taiho TransportationNGO:9040 65 Net Current Asset Value is 円1,227.43 as of Mar. 2026, which is 100% below its 10-year median of 3.28. GuruFocus rates NGO:9040 with a GF Score™ of 65/100 and a GF Value™ of 円3,933.40 (Fairly Valued). The stock has 4 warning signs investors should review. Among 360 Transportation companies, Taiho Transportation ranks better than 55% 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).
Taiho Transportation's net current asset value per share for the quarter that ended in Mar. 2026 was 円1,227.43.
The historical rank and industry rank for Taiho Transportation's Net Current Asset Value or its related term are showing as below:
NGO:9040'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.81 Med: 3.28 Max: 10.07
Current: 3.38
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Taiho Transportation was 10.07. The lowest was 1.81. And the median was 3.28.
NGO:9040's Price-to-Net-Current-Asset-Value is ranked better than 55% of 360
companies
in the Transportation industry
Industry Median: 4.03
vs NGO:9040: 3.38
Taiho Transportation (NGO:9040) 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.
Taiho Transportation Net Current Asset Value Related Terms
Taiho Transportation Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Taiho Transportation'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.
Taiho Transportation Net Current Asset Value Chart
NGO:9040 vs ODFL, XPO, KNX: Net Current Asset Value Comparison
For the Trucking subindustry, Taiho Transportation'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.
Taiho Transportation Price-to-Net-Current-Asset-Value vs Transportation Industry
For the Transportation industry and Industrials sector, Taiho Transportation's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Taiho Transportation'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1,227.43 mean?
Taiho Transportation (NGO:9040) has a Net Current Asset Value of 円1,227.43 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 Taiho Transportation and its competitors. This is 37322% above median its historical median of 3.28. Over the past decade, Taiho Transportation's Net Current Asset Value has ranged from 1.81 to 10.07. According to the industry distribution chart, Taiho Transportation ranks #162 out of 360 companies in the Transportation industry, placing it in the top 45%.
Is Taiho Transportation's Net Current Asset Value too high?
Taiho Transportation's current Net Current Asset Value of 円1,227.43 is 37322% above median its 10-year median of 3.28. Over the past 10 years, this metric has ranged from a low of 1.81 to a high of 10.07. Based on the distribution chart, Taiho Transportation ranks #162 out of 360 companies in the Transportation industry, which is above the industry midpoint. Overall, Taiho Transportation has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiho Transportation's Net Current Asset Value compare to ODFL and XPO?
According to the Transportation industry distribution chart, Taiho Transportation ranks #162 out of 360 companies for Net Current Asset Value. This puts Taiho Transportation in the upper half of its industry. The industry median Net Current Asset Value is 4.03. Historically, Taiho Transportation's own Net Current Asset Value has ranged from 1.81 to 10.07 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 Transportation company?
The median Net Current Asset Value among Transportation companies is 4.03, based on 360 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 Taiho Transportation and its competitors. For the Transportation industry, the median Net Current Asset Value is 4.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiho Transportation's current Net Current Asset Value is 円1,227.43, which is 37322% above median its own 10-year median of 3.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiho Transportation stock overvalued right now?
Based on GuruFocus' analysis, Taiho Transportation (NGO:9040) is currently considered Fairly Valued. The stock's GF Value™ is 円3,933.40, compared to a current price of 円4,145.00 — trading 5.4% above its estimated fair value. The current Net Current Asset Value is 円1,227.43, which is 37322% above median its 10-year median of 3.28. Taiho Transportation's overall GF Score™ is 65/100 with 4 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 Taiho Transportation (NGO:9040), the current Net Current Asset Value is 円1,227.43 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 Taiho Transportation (NGO:9040) Overvalued in 2026?
Based on GuruFocus' analysis, Taiho Transportation stock appears to be overvalued.
The current stock price of 円4,145.00 is trading 5.4% above its estimated GF Value™ of 円3,933.40.
GuruFocus considers Taiho Transportation to be Fairly Valued.
Key valuation signals for NGO:9040:
Net Current Asset Value: 円1,227.43 (37322% above median its 10-year median of 3.28)
GF Value™: 円3,933.40 vs. price of 円4,145.00 (5.4% above fair value)
No single metric tells the full story. See the NGO:9040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiho Transportation is a Japanese company engaged in the general cargo transportation business. It provides general freight handling, automobile maintenance, buying and selling of new and used vehicles, used vehicle parts insurance agency and various vehicle leasing services. The company is also engaged in the general worker and specified worker dispatching business.
65GF Score
Get the complete analysis for NGO:9040
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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