SSDOF (Shiseido Co) Net Current Asset Value: $-3.02 (As of Mar. 2026)


SSDOF Shiseido Co Ltd SSDOF
63 GF Score
Price $16.93
GF Value $22.20
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Shiseido Co Net Current Asset Value?

Shiseido Co SSDOF -1.86% 63 Net Current Asset Value is $-3.02 as of Mar. 2026. GuruFocus rates SSDOF with a GF Score™ of 63/100 and a GF Value™ of $22.20 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,051 Consumer Packaged Goods companies, Shiseido Co ranks worse than 95147.38% 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).

Shiseido Co's net current asset value per share for the quarter that ended in Mar. 2026 was $-3.02.

The historical rank and industry rank for Shiseido Co's Net Current Asset Value or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Shiseido Co was 1904.20. The lowest was 132.94. And the median was 509.45.

SSDOF's Price-to-Net-Current-Asset-Value is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 4.1
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Shiseido Co  (OTCPK:SSDOF) 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 Graham’s 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.


Shiseido Co Net Current Asset Value Related Terms


Shiseido Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Shiseido 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.

Shiseido Co Net Current Asset Value Chart

Shiseido Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.44 -3.32 -2.90 -3.61 -3.13

Shiseido Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.65 -3.49 -3.45 -3.13 -3.02

SSDOF vs PG, CL, KVUE: Net Current Asset Value Comparison

For the Household & Personal Products subindustry, Shiseido 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.


Shiseido Co Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shiseido Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Shiseido Co's Price-to-Net-Current-Asset-Value falls into.


SSDOF
63GF Score
Shiseido Co Ltd SSDOF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Shiseido Co Net Current Asset Value Calculation

Shiseido Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3024.173-4143.2-131.565-0)/399.536
=-3.13

Shiseido Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2973.91-4061.47-117.278-0)/399.555
=-3.02

* 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 $-3.02 mean?
Shiseido Co (SSDOF) has a Net Current Asset Value of $-3.02 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 Shiseido Co and its competitors. Over the past decade, Shiseido Co's Net Current Asset Value has ranged from 132.94 to 1,904.20. According to the industry distribution chart, Shiseido Co ranks #999999 out of 1051 companies in the Consumer Packaged Goods industry.
Is Shiseido Co's Net Current Asset Value too high?
Shiseido Co's current Net Current Asset Value is $-3.02. Over the past 10 years, this metric has ranged from a low of 132.94 to a high of 1,904.20. Based on the distribution chart, Shiseido Co ranks #999999 out of 1051 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Shiseido Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shiseido Co's Net Current Asset Value compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Shiseido Co ranks #999999 out of 1051 companies for Net Current Asset Value. This places Shiseido Co in the lower half of its industry. The industry median Net Current Asset Value is 4.10. Historically, Shiseido Co's own Net Current Asset Value has ranged from 132.94 to 1,904.20 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 Consumer Packaged Goods company?
The median Net Current Asset Value among Consumer Packaged Goods companies is 4.10, based on 1,051 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 Shiseido Co and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shiseido Co's current Net Current Asset Value is $-3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiseido Co stock overvalued right now?
Based on GuruFocus' analysis, Shiseido Co (SSDOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $22.20, compared to a current price of $16.93 — trading 23.7% below its estimated fair value. The current Net Current Asset Value is $-3.02. Shiseido Co's overall GF Score™ is 63/100 with 6 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 Shiseido Co (SSDOF), the current Net Current Asset Value is $-3.02 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 Shiseido Co (SSDOF) Overvalued in 2026?

Based on GuruFocus' analysis, Shiseido Co stock appears to be undervalued. The current stock price of $16.93 is trading 23.7% below its estimated GF Value™ of $22.20. GuruFocus considers Shiseido Co to be Modestly Undervalued.

Key valuation signals for SSDOF:

  • Net Current Asset Value: $-3.02
  • GF Value™: $22.20 vs. price of $16.93 (23.7% below fair value)
  • GF Score™: 63/100 with 6 warning signs

No single metric tells the full story. See the SSDOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shiseido Co Business Description

Address 5-5 Ginza 7-chome, Chuo-ku, Tokyo, JPN, 104-0061
Shiseido is a leading Japanese cosmetics manufacturer focused in the prestige and premium categories. Founded in 1872, it was the first Western-style pharmacy in Ginza, Tokyo, and is one of the oldest cosmetics companies globally. Shiseido's suite of 31 brands, which include its namesake brand, Clé de Peau Beauté, and NARS, had a 10.2% share of Japan's beauty and personal care market in 2024 according to Euromonitor. It is also ranked in the top 4-5 globally, with around 7% to 8% market share in premium and prestige color cosmetics and skincare. In terms of revenue, Japan and China, which include travel retail, are the two key markets making up 65% of group revenue in 2025.
63GF 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.

$16.93
Price
$22.20
GF Value