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Nippon Techno LabSSE:3849 -1.00%70 Net Current Asset Value is 円505.40 as of Mar. 2026, which is 100% below its 10-year median of 1.40. GuruFocus rates SSE:3849 with a GF Score™ of 70/100 and a GF Value™ of 円855.72 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,758 Software companies, Nippon Techno Lab ranks better than 91.81% 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 Techno Lab's net current asset value per share for the quarter that ended in Mar. 2026 was 円505.40.
The historical rank and industry rank for Nippon Techno Lab's Net Current Asset Value or its related term are showing as below:
SSE:3849'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.02 Med: 1.4 Max: 2.37
Current: 1.17
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Nippon Techno Lab was 2.37. The lowest was 1.02. And the median was 1.40.
SSE:3849's Price-to-Net-Current-Asset-Value is ranked better than 91.81% of 1758
companies
in the Software industry
Industry Median: 4.71
vs SSE:3849: 1.17
Nippon Techno Lab (SSE:3849) 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 Techno Lab Net Current Asset Value Related Terms
Nippon Techno Lab Net Current Asset Value Historical Data
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The historical data trend for Nippon Techno Lab'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.
SSE:3849 vs UBER, SHOP, CRM: Net Current Asset Value Comparison
For the Software - Application subindustry, Nippon Techno Lab'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 Techno Lab Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Nippon Techno Lab's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Nippon Techno Lab'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505.40 mean?
Nippon Techno Lab (SSE:3849) has a Net Current Asset Value of 円505.40 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 Techno Lab and its competitors. This is 36000% above median its historical median of 1.40. Over the past decade, Nippon Techno Lab's Net Current Asset Value has ranged from 1.02 to 2.37. According to the industry distribution chart, Nippon Techno Lab ranks #144 out of 1758 companies in the Software industry, placing it in the top 8.2%.
Is Nippon Techno Lab's Net Current Asset Value too high?
Nippon Techno Lab's current Net Current Asset Value of 円505.40 is 36000% above median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 2.37. Based on the distribution chart, Nippon Techno Lab ranks #144 out of 1758 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Techno Lab has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Techno Lab's Net Current Asset Value compare to UBER and SHOP?
According to the Software industry distribution chart, Nippon Techno Lab ranks #144 out of 1758 companies for Net Current Asset Value. This places Nippon Techno Lab in the top 8% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.71. Historically, Nippon Techno Lab's own Net Current Asset Value has ranged from 1.02 to 2.37 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 Software company?
The median Net Current Asset Value among Software companies is 4.71, based on 1,758 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 Nippon Techno Lab and its competitors. For the Software industry, the median Net Current Asset Value is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Techno Lab's current Net Current Asset Value is 円505.40, which is 36000% above median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Techno Lab stock overvalued right now?
Based on GuruFocus' analysis, Nippon Techno Lab (SSE:3849) is currently considered Significantly Undervalued. The stock's GF Value™ is 円855.72, compared to a current price of 円593.00 — trading 30.7% below its estimated fair value. The current Net Current Asset Value is 円505.40, which is 36000% above median its 10-year median of 1.40. Nippon Techno Lab's overall GF Score™ is 70/100 with 1 warning sign 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 Techno Lab (SSE:3849), the current Net Current Asset Value is 円505.40 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 Techno Lab (SSE:3849) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Techno Lab stock appears to be undervalued.
The current stock price of 円593.00 is trading 30.7% below its estimated GF Value™ of 円855.72.
GuruFocus considers Nippon Techno Lab to be Significantly Undervalued.
Key valuation signals for SSE:3849:
Net Current Asset Value: 円505.40 (36000% above median its 10-year median of 1.40)
GF Value™: 円855.72 vs. price of 円593.00 (30.7% below fair value)
No single metric tells the full story. See the SSE:3849 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Techno Lab Inc is engaged in Imaging & Printer Controller Business that develops and sells controllers and controller software for industrial printers and plotters. The company is engaged in the storage solutions business and contract development business.
70GF 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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