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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).
Higashinihon Jisho Co's net current asset value per share for the quarter that ended in Feb. 2026 was 円1,206.24.
The historical rank and industry rank for Higashinihon Jisho Co's Net Current Asset Value or its related term are showing as below:
TSE:139A'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.6 Med: 2.7 Max: 2.84
Current: 2.78
During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Higashinihon Jisho Co was 2.84. The lowest was 2.60. And the median was 2.70.
TSE:139A's Price-to-Net-Current-Asset-Value is not ranked
in the Real Estate industry.
Industry Median: 2.2
vs TSE:139A: 2.78
Higashinihon Jisho Co (TSE:139A) 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.
Higashinihon Jisho Co Net Current Asset Value Related Terms
Higashinihon Jisho Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Higashinihon Jisho 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.
Higashinihon Jisho Co Net Current Asset Value Chart
For the Real Estate Services subindustry, Higashinihon Jisho 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.
Higashinihon Jisho Co Price-to-Net-Current-Asset-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Higashinihon Jisho Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Higashinihon Jisho 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 円1,206.24 mean?
Higashinihon Jisho Co (TSE:139A) has a Net Current Asset Value of 円1,206.24 as of Feb. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Higashinihon Jisho Co and its competitors.
Is Higashinihon Jisho Co's Net Current Asset Value too high?
Higashinihon Jisho Co's current Net Current Asset Value is 円1,206.24. Overall, Higashinihon Jisho Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Higashinihon Jisho Co's Net Current Asset Value compare to ?
Higashinihon Jisho Co's Net Current Asset Value of 円1,206.24 can be compared against companies in the Real Estate industry. The industry median Net Current Asset Value is 2.20. 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 Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.20, based on 760 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 Higashinihon Jisho Co and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Higashinihon Jisho Co's current Net Current Asset Value is 円1,206.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Higashinihon Jisho Co stock overvalued right now?
Higashinihon Jisho Co (TSE:139A) has a current Net Current Asset Value of 円1,206.24. The current Net Current Asset Value is 円1,206.24. Higashinihon Jisho Co's overall GF Score™ is 24/100 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 Higashinihon Jisho Co (TSE:139A), the current Net Current Asset Value is 円1,206.24 as of Feb. 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.
Higashinihon Jisho Co Ltd is engaged in construction business for detached rental house, Transaction business of real estate (brokerage or purchase and sales), etc.
24GF Score
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