Nihon M&A Center HoldingsNHMAF 87 Net Current Asset Value is $0.55 as of Mar. 2026, which is 97% below its 10-year median of 20.31. GuruFocus rates NHMAF with a GF Score™ of 87/100 and a GF Value™ of $4.94 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 502 Capital Markets companies, Nihon M&A Center Holdings ranks worse than 73.71% 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).
Nihon M&A Center Holdings's net current asset value per share for the quarter that ended in Mar. 2026 was $0.55.
The historical rank and industry rank for Nihon M&A Center Holdings's Net Current Asset Value or its related term are showing as below:
NHMAF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.56 Med: 20.31 Max: 99.78
Current: 7.74
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Nihon M&A Center Holdings was 99.78. The lowest was 6.56. And the median was 20.31.
NHMAF's Price-to-Net-Current-Asset-Value is ranked worse than 73.71% of 502
companies
in the Capital Markets industry
Industry Median: 2.83
vs NHMAF: 7.74
Nihon M&A Center Holdings (OTCPK:NHMAF) 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.
Nihon M&A Center Holdings Net Current Asset Value Related Terms
Nihon M&A Center Holdings Net Current Asset Value Historical Data
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The historical data trend for Nihon M&A Center Holdings'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.
Nihon M&A Center Holdings Net Current Asset Value Chart
NHMAF vs MS, GS, SCHW: Net Current Asset Value Comparison
For the Capital Markets subindustry, Nihon M&A Center Holdings'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.
Nihon M&A Center Holdings Price-to-Net-Current-Asset-Value vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Nihon M&A Center Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Nihon M&A Center Holdings'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 $0.55 mean?
Nihon M&A Center Holdings (NHMAF) has a Net Current Asset Value of $0.55 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 Nihon M&A Center Holdings and its competitors. This is 97% below median its historical median of 20.31. Over the past decade, Nihon M&A Center Holdings' Net Current Asset Value has ranged from 6.56 to 99.78. According to the industry distribution chart, Nihon M&A Center Holdings ranks #370 out of 502 companies in the Capital Markets industry, placing it in the top 73.7%.
Is Nihon M&A Center Holdings' Net Current Asset Value too high?
Nihon M&A Center Holdings' current Net Current Asset Value of $0.55 is 97% below median its 10-year median of 20.31. Over the past 10 years, this metric has ranged from a low of 6.56 to a high of 99.78. The Capital Markets industry median Net Current Asset Value is 2.83. Nihon M&A Center Holdings' value of $0.55 is 80.6% below this industry median. Based on the distribution chart, Nihon M&A Center Holdings ranks #370 out of 502 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Nihon M&A Center Holdings has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nihon M&A Center Holdings' Net Current Asset Value compare to MS and GS?
According to the Capital Markets industry distribution chart, Nihon M&A Center Holdings ranks #370 out of 502 companies for Net Current Asset Value. This places Nihon M&A Center Holdings in the lower half of its industry. The industry median Net Current Asset Value is 2.83. Nihon M&A Center Holdings' value of $0.55 is 80.6% below this benchmark. Historically, Nihon M&A Center Holdings' own Net Current Asset Value has ranged from 6.56 to 99.78 over the past decade. While the company's 10-year median is 20.31 vs. the industry median of 2.83, Nihon M&A Center Holdings 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 Capital Markets company?
The median Net Current Asset Value among Capital Markets companies is 2.83, based on 502 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. Nihon M&A Center Holdings's current Net Current Asset Value of $0.55 is 80.6% 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 Nihon M&A Center Holdings and its competitors. For the Capital Markets industry, the median Net Current Asset Value is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon M&A Center Holdings's current Net Current Asset Value is $0.55, which is 97% below median its own 10-year median of 20.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon M&A Center Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nihon M&A Center Holdings (NHMAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.94, compared to a current price of $4.26 — trading 13.9% below its estimated fair value. The current Net Current Asset Value is $0.55, which is 97% below median its 10-year median of 20.31 and 80.6% below the Capital Markets industry median of 2.83. Nihon M&A Center Holdings' overall GF Score™ is 87/100 with 2 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 Nihon M&A Center Holdings (NHMAF), the current Net Current Asset Value is $0.55 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 Nihon M&A Center Holdings (NHMAF) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon M&A Center Holdings stock appears to be undervalued.
The current stock price of $4.26 is trading 13.9% below its estimated GF Value™ of $4.94.
GuruFocus considers Nihon M&A Center Holdings to be Modestly Undervalued.
Key valuation signals for NHMAF:
Net Current Asset Value: $0.55 (97% below median its 10-year median of 20.31)
GF Value™: $4.94 vs. price of $4.26 (13.9% below fair value)
Industry Position: 80.6% below the Capital Markets median (#370 of 502)
No single metric tells the full story. See the NHMAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon M&A Center Holdings Inc is a Japan-based company involved in the merger and acquisition brokerage business. It offers M & A intermediary, corporate assessment, management buyout support, restructuring aid, corporate advisory, capital planning policy and management, and consulting services. The company is also involved in the corporate assessment business, calculating the reference price of enterprise value.
87GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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