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Artner CoTSE:2163 -0.79%84 Net Current Asset Value is 円265.37 as of Jan. 2026, which is 100% below its 10-year median of 4.29. GuruFocus rates TSE:2163 with a GF Score™ of 84/100 and a GF Value™ of 円2,252.13 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 625 Business Services companies, Artner Co ranks worse than 72.48% 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).
Artner Co's net current asset value per share for the quarter that ended in Jan. 2026 was 円265.37.
The historical rank and industry rank for Artner Co's Net Current Asset Value or its related term are showing as below:
TSE:2163'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.97 Med: 4.29 Max: 7.91
Current: 7.91
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Artner Co was 7.91. The lowest was 2.97. And the median was 4.29.
TSE:2163's Price-to-Net-Current-Asset-Value is ranked worse than 72.48% of 625
companies
in the Business Services industry
Industry Median: 3.72
vs TSE:2163: 7.91
Artner Co (TSE:2163) 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.
Artner Co Net Current Asset Value Related Terms
Artner Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Artner 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.
TSE:2163 vs KFY, RHI, TNET: Net Current Asset Value Comparison
For the Staffing & Employment Services subindustry, Artner 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.
Artner Co Price-to-Net-Current-Asset-Value vs Business Services Industry
For the Business Services industry and Industrials sector, Artner Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Artner 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265.37 mean?
Artner Co (TSE:2163) has a Net Current Asset Value of 円265.37 as of Jan. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Artner Co and its competitors. This is 6086% above median its historical median of 4.29. Over the past decade, Artner Co's Net Current Asset Value has ranged from 2.97 to 7.91. According to the industry distribution chart, Artner Co ranks #453 out of 625 companies in the Business Services industry, placing it in the top 72.5%.
Is Artner Co's Net Current Asset Value too high?
Artner Co's current Net Current Asset Value of 円265.37 is 6086% above median its 10-year median of 4.29. Over the past 10 years, this metric has ranged from a low of 2.97 to a high of 7.91. Based on the distribution chart, Artner Co ranks #453 out of 625 companies in the Business Services industry, which is below the industry midpoint. Overall, Artner Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Artner Co's Net Current Asset Value compare to KFY and RHI?
According to the Business Services industry distribution chart, Artner Co ranks #453 out of 625 companies for Net Current Asset Value. This places Artner Co in the lower half of its industry. The industry median Net Current Asset Value is 3.72. Historically, Artner Co's own Net Current Asset Value has ranged from 2.97 to 7.91 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 Business Services company?
The median Net Current Asset Value among Business Services companies is 3.72, based on 625 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 Artner Co and its competitors. For the Business Services industry, the median Net Current Asset Value is 3.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artner Co's current Net Current Asset Value is 円265.37, which is 6086% above median its own 10-year median of 4.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artner Co stock overvalued right now?
Based on GuruFocus' analysis, Artner Co (TSE:2163) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,252.13, compared to a current price of 円2,002.00 — trading 11.1% below its estimated fair value. The current Net Current Asset Value is 円265.37, which is 6086% above median its 10-year median of 4.29. Artner Co's overall GF Score™ is 84/100 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 Artner Co (TSE:2163), the current Net Current Asset Value is 円265.37 as of Jan. 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 Artner Co (TSE:2163) Overvalued in 2026?
Based on GuruFocus' analysis, Artner Co stock appears to be undervalued.
The current stock price of 円2,002.00 is trading 11.1% below its estimated GF Value™ of 円2,252.13.
GuruFocus considers Artner Co to be Modestly Undervalued.
Key valuation signals for TSE:2163:
Net Current Asset Value: 円265.37 (6086% above median its 10-year median of 4.29)
GF Value™: 円2,252.13 vs. price of 円2,002.00 (11.1% below fair value)
No single metric tells the full story. See the TSE:2163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Artner Co Ltd provides technical outsourcing services. It is engaged in the engineer dispatch business, which involves providing specialized skills through design engineers in areas such as software (development of software to be incorporated into IoT devices and application software for network systems), electricity and electronics (design of circuit boards, which are the heart of devices and equipment, and reliability assessment), and machinery (design of mechanisms that make machines work using 2D CAD and 3D CAD), thereby supporting the design and development departments of client companies. Additionally, the company also takes part in contract and outsourcing business, accepting design and development work from client companies.
84GF Score
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