Saylor Advertising (TSE:2156) Net Current Asset Value: 円37.80 (As of Mar. 2026) — 26% Below Median

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TSE:2156 Saylor Advertising Inc TSE:2156
44 GF Score
Price 円272.00
GF Value 円282.68
Valuation Fairly Valued
! 3 Warning Signs
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What is Saylor Advertising Net Current Asset Value?

Saylor Advertising TSE:2156 +0.37% 44 Net Current Asset Value is 円37.80 as of Mar. 2026, which is 100% below its 10-year median of 51.19. GuruFocus rates TSE:2156 with a GF Score™ of 44/100 and a GF Value™ of 円282.68 (Fairly Valued). The stock has 3 warning signs investors should review. Among 539 Media - Diversified companies, Saylor Advertising ranks worse than 77.92% 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).

Saylor Advertising's net current asset value per share for the quarter that ended in Mar. 2026 was 円37.80.

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

TSE:2156' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 7.06   Med: 51.19   Max: 94.55
Current: 7.2

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Saylor Advertising was 94.55. The lowest was 7.06. And the median was 51.19.

TSE:2156's Price-to-Net-Current-Asset-Value is ranked worse than
77.92% of 539 companies
in the Media - Diversified industry
Industry Median: 2.97 vs TSE:2156: 7.20

Saylor Advertising  (TSE:2156) 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.


Saylor Advertising Net Current Asset Value Related Terms


Saylor Advertising Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Saylor Advertising'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.

Saylor Advertising Net Current Asset Value Chart

Saylor Advertising 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 -67.75 -27.08 -23.44 3.67 37.80

Saylor Advertising Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -23.44 -60.44 3.67 8.51 37.80

TSE:2156 vs APP, OMC, TTD: Net Current Asset Value Comparison

For the Advertising Agencies subindustry, Saylor Advertising'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.


Saylor Advertising Price-to-Net-Current-Asset-Value vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Saylor Advertising's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


TSE:2156
44GF Score
Saylor Advertising Inc TSE:2156
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saylor Advertising Net Current Asset Value Calculation

Saylor Advertising'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)
=(2204.81-2010.239-0-0)/5.147
=37.80

Saylor Advertising'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)
=(2204.81-2010.239-0-0)/5.147
=37.80

* 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37.80 mean?
Saylor Advertising (TSE:2156) has a Net Current Asset Value of 円37.80 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 Saylor Advertising and its competitors. This is 26% below median its historical median of 51.19. Over the past decade, Saylor Advertising's Net Current Asset Value has ranged from 7.06 to 94.55. According to the industry distribution chart, Saylor Advertising ranks #420 out of 539 companies in the Media - Diversified industry, placing it in the top 77.9%.
Is Saylor Advertising's Net Current Asset Value too high?
Saylor Advertising's current Net Current Asset Value of 円37.80 is 26% below median its 10-year median of 51.19. Over the past 10 years, this metric has ranged from a low of 7.06 to a high of 94.55. Based on the distribution chart, Saylor Advertising ranks #420 out of 539 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Saylor Advertising has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saylor Advertising's Net Current Asset Value compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Saylor Advertising ranks #420 out of 539 companies for Net Current Asset Value. This places Saylor Advertising in the lower half of its industry. The industry median Net Current Asset Value is 2.97. Historically, Saylor Advertising's own Net Current Asset Value has ranged from 7.06 to 94.55 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 Media - Diversified company?
The median Net Current Asset Value among Media - Diversified companies is 2.97, based on 539 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 Saylor Advertising and its competitors. For the Media - Diversified industry, the median Net Current Asset Value is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saylor Advertising's current Net Current Asset Value is 円37.80, which is 26% below median its own 10-year median of 51.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saylor Advertising stock overvalued right now?
Based on GuruFocus' analysis, Saylor Advertising (TSE:2156) is currently considered Fairly Valued. The stock's GF Value™ is 円282.68, compared to a current price of 円272.00 — trading 3.8% below its estimated fair value. The current Net Current Asset Value is 円37.80, which is 26% below median its 10-year median of 51.19. Saylor Advertising's overall GF Score™ is 44/100 with 3 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 Saylor Advertising (TSE:2156), the current Net Current Asset Value is 円37.80 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 Saylor Advertising (TSE:2156) Overvalued in 2026?

Based on GuruFocus' analysis, Saylor Advertising stock appears to be undervalued. The current stock price of 円272.00 is trading 3.8% below its estimated GF Value™ of 円282.68. GuruFocus considers Saylor Advertising to be Fairly Valued.

Key valuation signals for TSE:2156:

  • Net Current Asset Value: 円37.80 (26% below median its 10-year median of 51.19)
  • GF Value™: 円282.68 vs. price of 円272.00 (3.8% below fair value)
  • GF Score™: 44/100 with 3 warning signs

No single metric tells the full story. See the TSE:2156 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saylor Advertising Business Description

Address No. 7 No. 20 2-chome Ogimachi, Takamatsu, JPN, 7608502
Saylor Advertising Inc is engaged in the provision of planning, drafting, filing, and production of advertisements through media, such as television, radio, newspaper, and magazine. It is also engaged in sales promotion and Internet-related advertisements, as well as the publication of magazines.
44GF Score

Get the complete analysis for TSE:2156

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

円272.00
Price
円282.68
GF Value