Nippon SharyoNPPSF 55 Net Current Asset Value is $7.29 as of Mar. 2026, which is 90% above its 10-year median of 3.83. GuruFocus rates NPPSF with a GF Score™ of 55/100 and a GF Value™ of $20.70 (Fairly Valued). The stock has 2 warning signs investors should review. Among 359 Transportation companies, Nippon Sharyo ranks better than 62.67% 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).
Nippon Sharyo's net current asset value per share for the quarter that ended in Mar. 2026 was $7.29.
The historical rank and industry rank for Nippon Sharyo's Net Current Asset Value or its related term are showing as below:
NPPSF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.72 Med: 3.83 Max: 21.58
Current: 2.72
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Nippon Sharyo was 21.58. The lowest was 2.72. And the median was 3.83.
NPPSF's Price-to-Net-Current-Asset-Value is ranked better than 62.67% of 359
companies
in the Transportation industry
Industry Median: 4.06
vs NPPSF: 2.72
Nippon Sharyo (OTCPK:NPPSF) 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.
Nippon Sharyo Net Current Asset Value Related Terms
Nippon Sharyo Net Current Asset Value Historical Data
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The historical data trend for Nippon Sharyo'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.
NPPSF vs UNP, CSX, NSC: Net Current Asset Value Comparison
For the Railroads subindustry, Nippon Sharyo'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.
Nippon Sharyo Price-to-Net-Current-Asset-Value vs Transportation Industry
For the Transportation industry and Industrials sector, Nippon Sharyo's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Nippon Sharyo'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 $7.29 mean?
Nippon Sharyo (NPPSF) has a Net Current Asset Value of $7.29 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 Nippon Sharyo and its competitors. This is 90% above median its historical median of 3.83. Over the past decade, Nippon Sharyo's Net Current Asset Value has ranged from 2.72 to 21.58. According to the industry distribution chart, Nippon Sharyo ranks #134 out of 359 companies in the Transportation industry, placing it in the top 37.3%.
Is Nippon Sharyo's Net Current Asset Value too high?
Nippon Sharyo's current Net Current Asset Value of $7.29 is 90% above median its 10-year median of 3.83. Over the past 10 years, this metric has ranged from a low of 2.72 to a high of 21.58. The Transportation industry median Net Current Asset Value is 4.06. Nippon Sharyo's value of $7.29 is 79.6% above this industry median. Based on the distribution chart, Nippon Sharyo ranks #134 out of 359 companies in the Transportation industry, which is above the industry midpoint. Overall, Nippon Sharyo has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Sharyo's Net Current Asset Value compare to UNP and CSX?
According to the Transportation industry distribution chart, Nippon Sharyo ranks #134 out of 359 companies for Net Current Asset Value. This puts Nippon Sharyo in the upper half of its industry. The industry median Net Current Asset Value is 4.06. Nippon Sharyo's value of $7.29 is 79.6% above this benchmark. Historically, Nippon Sharyo's own Net Current Asset Value has ranged from 2.72 to 21.58 over the past decade. While the company's 10-year median is 3.83 vs. the industry median of 4.06, Nippon Sharyo has consistently been above 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 Transportation company?
The median Net Current Asset Value among Transportation companies is 4.06, based on 359 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. Nippon Sharyo's current Net Current Asset Value of $7.29 is 79.6% above 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 Nippon Sharyo and its competitors. For the Transportation industry, the median Net Current Asset Value is 4.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Sharyo's current Net Current Asset Value is $7.29, which is 90% above median its own 10-year median of 3.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Sharyo stock overvalued right now?
Based on GuruFocus' analysis, Nippon Sharyo (NPPSF) is currently considered Fairly Valued. The stock's GF Value™ is $20.70, compared to a current price of $21.04 — trading 1.6% above its estimated fair value. The current Net Current Asset Value is $7.29, which is 90% above median its 10-year median of 3.83 and 79.6% above the Transportation industry median of 4.06. Nippon Sharyo's overall GF Score™ is 55/100 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 Nippon Sharyo (NPPSF), the current Net Current Asset Value is $7.29 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 Nippon Sharyo (NPPSF) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Sharyo stock appears to be overvalued.
The current stock price of $21.04 is trading 1.6% above its estimated GF Value™ of $20.70.
GuruFocus considers Nippon Sharyo to be Fairly Valued.
Key valuation signals for NPPSF:
Net Current Asset Value: $7.29 (90% above median its 10-year median of 3.83)
GF Value™: $20.70 vs. price of $21.04 (1.6% above fair value)
Industry Position: 79.6% above the Transportation median (#134 of 359)
No single metric tells the full story. See the NPPSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Sharyo Ltd is a Japan-based company engaged in the manufacture of railway rolling stock. The company operates through three segments. Its Railway rolling stock segment consists of manufacture and sales of rolling stock. The Transportation equipment and steel structure segment include production and trade of transportation equipment such as freight cars, tank trucks, heavy-duty industrial vehicles, and roadway and railway bridges. Its Construction equipment segment comprises of pile driving rigs, crawler cranes, casing rotators, portable diesel generator sets and emergency generators.
55GF Score
Get the complete analysis for NPPSF
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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