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.
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.
Liberaware CoTSE:218A +8.63%10 Net Current Asset Value is 円14.37 as of Jan. 2026, which is 100% below its 10-year median of 45.69. GuruFocus rates TSE:218A with a GF Score™ of 10/100. The stock has 3 warning signs investors should review. Among 1,838 Hardware companies, Liberaware Co ranks worse than 94.67% 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).
Liberaware Co's net current asset value per share for the quarter that ended in Jan. 2026 was 円14.37.
The historical rank and industry rank for Liberaware Co's Net Current Asset Value or its related term are showing as below:
TSE:218A'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 11.63 Med: 45.69 Max: 299.34
Current: 44.71
During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Liberaware Co was 299.34. The lowest was 11.63. And the median was 45.69.
TSE:218A's Price-to-Net-Current-Asset-Value is ranked worse than 94.67% of 1838
companies
in the Hardware industry
Industry Median: 4.985
vs TSE:218A: 44.71
Liberaware Co (TSE:218A) 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.
Liberaware Co Net Current Asset Value Related Terms
Liberaware Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Liberaware 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:218A vs DELL, ANET, SNDK: Net Current Asset Value Comparison
For the Computer Hardware subindustry, Liberaware 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.
Liberaware Co Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Liberaware Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Liberaware 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14.37 mean?
Liberaware Co (TSE:218A) has a Net Current Asset Value of 円14.37 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 Liberaware Co and its competitors. This is 69% below median its historical median of 45.69. Over the past decade, Liberaware Co's Net Current Asset Value has ranged from 11.63 to 299.34. According to the industry distribution chart, Liberaware Co ranks #1740 out of 1838 companies in the Hardware industry, placing it in the top 94.7%.
Is Liberaware Co's Net Current Asset Value too high?
Liberaware Co's current Net Current Asset Value of 円14.37 is 69% below median its 10-year median of 45.69. Over the past 10 years, this metric has ranged from a low of 11.63 to a high of 299.34. Based on the distribution chart, Liberaware Co ranks #1740 out of 1838 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Liberaware Co has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Liberaware Co's Net Current Asset Value compare to DELL and ANET?
According to the Hardware industry distribution chart, Liberaware Co ranks #1740 out of 1838 companies for Net Current Asset Value. This places Liberaware Co in the lower half of its industry. The industry median Net Current Asset Value is 4.99. Historically, Liberaware Co's own Net Current Asset Value has ranged from 11.63 to 299.34 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 4.99, based on 1,838 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 Liberaware Co and its competitors. For the Hardware industry, the median Net Current Asset Value is 4.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liberaware Co's current Net Current Asset Value is 円14.37, which is 69% below median its own 10-year median of 45.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liberaware Co stock overvalued right now?
Liberaware Co (TSE:218A) has a current Net Current Asset Value of 円14.37. The current Net Current Asset Value is 円14.37, which is 69% below median its 10-year median of 45.69. Liberaware Co's overall GF Score™ is 10/100 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 Liberaware Co (TSE:218A), the current Net Current Asset Value is 円14.37 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.
Liberaware Co Ltd is engaged in development of drones and other equipment based on the "IBIS" indoor confined-space inspection drone, inspection services, drone rentals and sales, and services for processing and analyzing data collected by drones and other equipment.
10GF Score
Get the complete analysis for TSE:218A
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:218A has been successfully added to your 
