Mitsui DM Sugar Co (TSE:2109) Net Current Asset Value: 円517.72 (As of Mar. 2026) — 4232% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2109 Mitsui DM Sugar Co Ltd TSE:2109
71 GF Score
Price 円3,510.00
GF Value 円3,462.21
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Mitsui DM Sugar Co Net Current Asset Value?

Mitsui DM Sugar Co TSE:2109 -0.14% 71 Net Current Asset Value is 円517.72 as of Mar. 2026, which is 100% below its 10-year median of 11.95. GuruFocus rates TSE:2109 with a GF Score™ of 71/100 and a GF Value™ of 円3,462.21 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,049 Consumer Packaged Goods companies, Mitsui DM Sugar Co ranks worse than 66.54% 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).

Mitsui DM Sugar Co's net current asset value per share for the quarter that ended in Mar. 2026 was 円517.72.

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

TSE:2109' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.57   Med: 11.95   Max: 96.05
Current: 6.66

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Mitsui DM Sugar Co was 96.05. The lowest was 6.57. And the median was 11.95.

TSE:2109's Price-to-Net-Current-Asset-Value is ranked worse than
66.54% of 1049 companies
in the Consumer Packaged Goods industry
Industry Median: 4.21 vs TSE:2109: 6.66

Mitsui DM Sugar Co  (TSE:2109) 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.


Mitsui DM Sugar Co Net Current Asset Value Related Terms


Mitsui DM Sugar Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Mitsui DM Sugar 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.

Mitsui DM Sugar Co Net Current Asset Value Chart

Mitsui DM Sugar Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.02 -2.28 157.63 344.05 517.72

Mitsui DM Sugar Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 323.45 382.72 433.17 517.72 527.24

TSE:2109 vs MDLZ, HSY, TR: Net Current Asset Value Comparison

For the Confectioners subindustry, Mitsui DM Sugar 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.


Mitsui DM Sugar Co Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry

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

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


TSE:2109
71GF Score
Mitsui DM Sugar Co Ltd TSE:2109
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsui DM Sugar Co Net Current Asset Value Calculation

Mitsui DM Sugar Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(86058-67361-2587-0)/31.117
=517.72

Mitsui DM Sugar 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)
=(86058-67361-2587-0)/31.117
=517.72

* 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517.72 mean?
Mitsui DM Sugar Co (TSE:2109) has a Net Current Asset Value of 円517.72 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 Mitsui DM Sugar Co and its competitors. This is 4232% above median its historical median of 11.95. Over the past decade, Mitsui DM Sugar Co's Net Current Asset Value has ranged from 6.57 to 96.05. According to the industry distribution chart, Mitsui DM Sugar Co ranks #698 out of 1049 companies in the Consumer Packaged Goods industry, placing it in the top 66.5%.
Is Mitsui DM Sugar Co's Net Current Asset Value too high?
Mitsui DM Sugar Co's current Net Current Asset Value of 円517.72 is 4232% above median its 10-year median of 11.95. Over the past 10 years, this metric has ranged from a low of 6.57 to a high of 96.05. Based on the distribution chart, Mitsui DM Sugar Co ranks #698 out of 1049 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Mitsui DM Sugar Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mitsui DM Sugar Co's Net Current Asset Value compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Mitsui DM Sugar Co ranks #698 out of 1049 companies for Net Current Asset Value. This places Mitsui DM Sugar Co in the lower half of its industry. The industry median Net Current Asset Value is 4.21. Historically, Mitsui DM Sugar Co's own Net Current Asset Value has ranged from 6.57 to 96.05 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 4.21, based on 1,049 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 Mitsui DM Sugar Co and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsui DM Sugar Co's current Net Current Asset Value is 円517.72, which is 4232% above median its own 10-year median of 11.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsui DM Sugar Co stock overvalued right now?
Based on GuruFocus' analysis, Mitsui DM Sugar Co (TSE:2109) is currently considered Fairly Valued. The stock's GF Value™ is 円3,462.21, compared to a current price of 円3,510.00 — trading 1.4% above its estimated fair value. The current Net Current Asset Value is 円517.72, which is 4232% above median its 10-year median of 11.95. Mitsui DM Sugar Co's overall GF Score™ is 71/100 with 5 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 Mitsui DM Sugar Co (TSE:2109), the current Net Current Asset Value is 円517.72 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 Mitsui DM Sugar Co (TSE:2109) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui DM Sugar Co stock appears to be overvalued. The current stock price of 円3,510.00 is trading 1.4% above its estimated GF Value™ of 円3,462.21. GuruFocus considers Mitsui DM Sugar Co to be Fairly Valued.

Key valuation signals for TSE:2109:

  • Net Current Asset Value: 円517.72 (4232% above median its 10-year median of 11.95)
  • GF Value™: 円3,462.21 vs. price of 円3,510.00 (1.4% above fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the TSE:2109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsui DM Sugar Co Business Description

Address 26-16 Shiba 5-chome, Mita S-Garden, Minato-ku, Tokyo, JPN, 108-0014
Mitsui DM Sugar Co Ltd is in the business of manufacturing and selling raw sugar and its products, food science, and real estate. The company manufactures and promotes its products under the brand name of Spoon brand. Its products include home use products, business use products, tabletop products, alternative sweeteners.
71GF Score

Get the complete analysis for TSE:2109

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円3,510.00
Price
円3,462.21
GF Value