Taiyo Holdings CoTAYIF 58 Net Current Asset Value is $0.96 as of Mar. 2026, which is 79% below its 10-year median of 4.56. GuruFocus rates TAYIF with a GF Score™ of 58/100 and a GF Value™ of $15.59 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 949 Chemicals companies, Taiyo Holdings Co ranks worse than 89.15% 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).
Taiyo Holdings Co's net current asset value per share for the quarter that ended in Mar. 2026 was $0.96.
The historical rank and industry rank for Taiyo Holdings Co's Net Current Asset Value or its related term are showing as below:
TAYIF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.03 Med: 4.56 Max: 34.8
Current: 34.8
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Taiyo Holdings Co was 34.80. The lowest was 3.03. And the median was 4.56.
TAYIF's Price-to-Net-Current-Asset-Value is ranked worse than 89.15% of 949
companies
in the Chemicals industry
Industry Median: 5.29
vs TAYIF: 34.80
Taiyo Holdings Co (OTCPK:TAYIF) 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.
Taiyo Holdings Co Net Current Asset Value Related Terms
Taiyo Holdings Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Taiyo Holdings 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.
TAYIF vs LIN, SHW, ECL: Net Current Asset Value Comparison
For the Specialty Chemicals subindustry, Taiyo Holdings 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.
Taiyo Holdings Co Price-to-Net-Current-Asset-Value vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Taiyo Holdings Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Taiyo Holdings Co'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 $0.96 mean?
Taiyo Holdings Co (TAYIF) has a Net Current Asset Value of $0.96 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 Taiyo Holdings Co and its competitors. This is 79% below median its historical median of 4.56. Over the past decade, Taiyo Holdings Co's Net Current Asset Value has ranged from 3.03 to 34.80. According to the industry distribution chart, Taiyo Holdings Co ranks #846 out of 949 companies in the Chemicals industry, placing it in the top 89.1%.
Is Taiyo Holdings Co's Net Current Asset Value too high?
Taiyo Holdings Co's current Net Current Asset Value of $0.96 is 79% below median its 10-year median of 4.56. Over the past 10 years, this metric has ranged from a low of 3.03 to a high of 34.80. The Chemicals industry median Net Current Asset Value is 5.29. Taiyo Holdings Co's value of $0.96 is 81.9% below this industry median. Based on the distribution chart, Taiyo Holdings Co ranks #846 out of 949 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Taiyo Holdings Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiyo Holdings Co's Net Current Asset Value compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiyo Holdings Co ranks #846 out of 949 companies for Net Current Asset Value. This places Taiyo Holdings Co in the lower half of its industry. The industry median Net Current Asset Value is 5.29. Taiyo Holdings Co's value of $0.96 is 81.9% below this benchmark. Historically, Taiyo Holdings Co's own Net Current Asset Value has ranged from 3.03 to 34.80 over the past decade. While the company's 10-year median is 4.56 vs. the industry median of 5.29, Taiyo Holdings Co 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 Chemicals company?
The median Net Current Asset Value among Chemicals companies is 5.29, based on 949 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. Taiyo Holdings Co's current Net Current Asset Value of $0.96 is 81.9% 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 Taiyo Holdings Co and its competitors. For the Chemicals industry, the median Net Current Asset Value is 5.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiyo Holdings Co's current Net Current Asset Value is $0.96, which is 79% below median its own 10-year median of 4.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiyo Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Taiyo Holdings Co (TAYIF) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.59, compared to a current price of $31.32 — trading 100.9% above its estimated fair value. The current Net Current Asset Value is $0.96, which is 79% below median its 10-year median of 4.56 and 81.9% below the Chemicals industry median of 5.29. Taiyo Holdings Co's overall GF Score™ is 58/100 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 Taiyo Holdings Co (TAYIF), the current Net Current Asset Value is $0.96 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 Taiyo Holdings Co (TAYIF) Overvalued in 2026?
Based on GuruFocus' analysis, Taiyo Holdings Co stock appears to be overvalued.
The current stock price of $31.32 is trading 100.9% above its estimated GF Value™ of $15.59.
GuruFocus considers Taiyo Holdings Co to be Significantly Overvalued.
Key valuation signals for TAYIF:
Net Current Asset Value: $0.96 (79% below median its 10-year median of 4.56)
GF Value™: $15.59 vs. price of $31.32 (100.9% above fair value)
Industry Position: 81.9% below the Chemicals median (#846 of 949)
No single metric tells the full story. See the TAYIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiyo Holdings Co Ltd is a Japan-based chemical manufacturing company. The company through its subsidiaries is engaged in the manufacturing and sales of Printed Wiring Board materials and chemical products for use in the electronic components and electronics industries. The firm divides its business into two segments: Electronics Materials and Medical and Pharmaceuticals. It is composed of four reportable segments divided by geographic area, namely Japan, China, Taiwan, Overseas, other and Korea.
58GF Score
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