GIG Works (TSE:2375) Net Current Asset Value: 円9.41 (As of Apr. 2026) — 17% Below Median

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TSE:2375 GIG Works Inc TSE:2375
66 GF Score
Price 円204.00
GF Value 円238.73
Valuation Modestly Undervalued
! 1 Warning Sign
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What is GIG Works Net Current Asset Value?

GIG Works TSE:2375 66 Net Current Asset Value is 円9.41 as of Apr. 2026, which is 100% below its 10-year median of 11.28. GuruFocus rates TSE:2375 with a GF Score™ of 66/100 and a GF Value™ of 円238.73 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,760 Software companies, GIG Works ranks worse than 87.56% 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).

GIG Works's net current asset value per share for the quarter that ended in Apr. 2026 was 円9.41.

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

TSE:2375' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.31   Med: 11.28   Max: 141.8
Current: 21.68

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of GIG Works was 141.80. The lowest was 5.31. And the median was 11.28.

TSE:2375's Price-to-Net-Current-Asset-Value is ranked worse than
87.56% of 1760 companies
in the Software industry
Industry Median: 4.685 vs TSE:2375: 21.68

GIG Works  (TSE:2375) 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.


GIG Works Net Current Asset Value Related Terms


GIG Works Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for GIG Works'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.

GIG Works Net Current Asset Value Chart

GIG Works Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.17 -1.25 6.46 -0.30 25.19

GIG Works Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 22.33 -0.30 4.95 25.19 9.41

TSE:2375 vs IBM, ACN, FISV: Net Current Asset Value Comparison

For the Information Technology Services subindustry, GIG Works'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.


GIG Works Price-to-Net-Current-Asset-Value vs Software Industry

For the Software industry and Technology sector, GIG Works's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


TSE:2375
66GF Score
GIG Works Inc TSE:2375
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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GIG Works Net Current Asset Value Calculation

GIG Works's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Oct. 2025 is calculated as

Net Current Asset Value Per Share(A: Oct. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(5514.722-5014.827-0-0)/19.846
=25.19

GIG Works's Net Current Asset Value (NCAV) per share for the quarter that ended in Apr. 2026 is calculated as

Net Current Asset Value Per Share(Q: Apr. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(5295.031-5107.9-0-0)/19.892
=9.41

* 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9.41 mean?
GIG Works (TSE:2375) has a Net Current Asset Value of 円9.41 as of Apr. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on GIG Works and its competitors. This is 17% below median its historical median of 11.28. Over the past decade, GIG Works' Net Current Asset Value has ranged from 5.31 to 141.80. According to the industry distribution chart, GIG Works ranks #1541 out of 1760 companies in the Software industry, placing it in the top 87.6%.
Is GIG Works' Net Current Asset Value too high?
GIG Works' current Net Current Asset Value of 円9.41 is 17% below median its 10-year median of 11.28. Over the past 10 years, this metric has ranged from a low of 5.31 to a high of 141.80. Based on the distribution chart, GIG Works ranks #1541 out of 1760 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, GIG Works has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GIG Works' Net Current Asset Value compare to IBM and ACN?
According to the Software industry distribution chart, GIG Works ranks #1541 out of 1760 companies for Net Current Asset Value. This places GIG Works in the lower half of its industry. The industry median Net Current Asset Value is 4.69. Historically, GIG Works' own Net Current Asset Value has ranged from 5.31 to 141.80 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 Software company?
The median Net Current Asset Value among Software companies is 4.69, based on 1,760 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 GIG Works and its competitors. For the Software industry, the median Net Current Asset Value is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GIG Works's current Net Current Asset Value is 円9.41, which is 17% below median its own 10-year median of 11.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GIG Works stock overvalued right now?
Based on GuruFocus' analysis, GIG Works (TSE:2375) is currently considered Modestly Undervalued. The stock's GF Value™ is 円238.73, compared to a current price of 円204.00 — trading 14.5% below its estimated fair value. The current Net Current Asset Value is 円9.41, which is 17% below median its 10-year median of 11.28. GIG Works' overall GF Score™ is 66/100 with 1 warning sign 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 GIG Works (TSE:2375), the current Net Current Asset Value is 円9.41 as of Apr. 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 GIG Works (TSE:2375) Overvalued in 2026?

Based on GuruFocus' analysis, GIG Works stock appears to be undervalued. The current stock price of 円204.00 is trading 14.5% below its estimated GF Value™ of 円238.73. GuruFocus considers GIG Works to be Modestly Undervalued.

Key valuation signals for TSE:2375:

  • Net Current Asset Value: 円9.41 (17% below median its 10-year median of 11.28)
  • GF Value™: 円238.73 vs. price of 円204.00 (14.5% below fair value)
  • GF Score™: 66/100 with 1 warning sign

No single metric tells the full story. See the TSE:2375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GIG Works Business Description

Address 2-11-6 Nishi-Shinbashi, Tokyo New Nishi-Shinbashi Building 3rd Floor, Minato-ku, Tokyo, JPN, 105-0003
GIG Works Inc is a Japan based company engaged in providing marketing and communication service which include sales agency and sales support service, field support service, contact service, and technology service which include engineering development consignment and staff support service.
66GF Score

Get the complete analysis for TSE:2375

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

円204.00
Price
円238.73
GF Value