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WDB Holdings CoTSE:2475 -0.33%81 Net Current Asset Value is 円796.02 as of Mar. 2026, which is 100% below its 10-year median of 2.90. GuruFocus rates TSE:2475 with a GF Score™ of 81/100 and a GF Value™ of 円1,797.56 (Fairly Valued). The stock has 5 warning signs investors should review. Among 627 Business Services companies, WDB Holdings Co ranks better than 67.78% 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).
WDB Holdings Co's net current asset value per share for the quarter that ended in Mar. 2026 was 円796.02.
The historical rank and industry rank for WDB Holdings Co's Net Current Asset Value or its related term are showing as below:
TSE:2475'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.92 Med: 2.9 Max: 8.18
Current: 2.28
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of WDB Holdings Co was 8.18. The lowest was 1.92. And the median was 2.90.
TSE:2475's Price-to-Net-Current-Asset-Value is ranked better than 67.78% of 627
companies
in the Business Services industry
Industry Median: 3.77
vs TSE:2475: 2.28
WDB Holdings Co (TSE:2475) 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.
WDB Holdings Co Net Current Asset Value Related Terms
WDB Holdings Co Net Current Asset Value Historical Data
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The historical data trend for WDB Holdings 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:2475 vs KFY, RHI, TNET: Net Current Asset Value Comparison
For the Staffing & Employment Services subindustry, WDB Holdings 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.
WDB Holdings Co Price-to-Net-Current-Asset-Value vs Business Services Industry
For the Business Services industry and Industrials sector, WDB Holdings Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where WDB Holdings 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796.02 mean?
WDB Holdings Co (TSE:2475) has a Net Current Asset Value of 円796.02 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 WDB Holdings Co and its competitors. This is 27349% above median its historical median of 2.90. Over the past decade, WDB Holdings Co's Net Current Asset Value has ranged from 1.92 to 8.18. According to the industry distribution chart, WDB Holdings Co ranks #202 out of 627 companies in the Business Services industry, placing it in the top 32.2%.
Is WDB Holdings Co's Net Current Asset Value too high?
WDB Holdings Co's current Net Current Asset Value of 円796.02 is 27349% above median its 10-year median of 2.90. Over the past 10 years, this metric has ranged from a low of 1.92 to a high of 8.18. Based on the distribution chart, WDB Holdings Co ranks #202 out of 627 companies in the Business Services industry, which is above the industry midpoint. Overall, WDB Holdings Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WDB Holdings Co's Net Current Asset Value compare to KFY and RHI?
According to the Business Services industry distribution chart, WDB Holdings Co ranks #202 out of 627 companies for Net Current Asset Value. This puts WDB Holdings Co in the upper half of its industry. The industry median Net Current Asset Value is 3.77. Historically, WDB Holdings Co's own Net Current Asset Value has ranged from 1.92 to 8.18 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 3.77, based on 627 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 WDB Holdings Co and its competitors. For the Business Services industry, the median Net Current Asset Value is 3.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WDB Holdings Co's current Net Current Asset Value is 円796.02, which is 27349% above median its own 10-year median of 2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WDB Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, WDB Holdings Co (TSE:2475) is currently considered Fairly Valued. The stock's GF Value™ is 円1,797.56, compared to a current price of 円1,813.00 — trading 0.9% above its estimated fair value. The current Net Current Asset Value is 円796.02, which is 27349% above median its 10-year median of 2.90. WDB Holdings Co's overall GF Score™ is 81/100 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 WDB Holdings Co (TSE:2475), the current Net Current Asset Value is 円796.02 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 WDB Holdings Co (TSE:2475) Overvalued in 2026?
Based on GuruFocus' analysis, WDB Holdings Co stock appears to be overvalued.
The current stock price of 円1,813.00 is trading 0.9% above its estimated GF Value™ of 円1,797.56.
GuruFocus considers WDB Holdings Co to be Fairly Valued.
Key valuation signals for TSE:2475:
Net Current Asset Value: 円796.02 (27349% above median its 10-year median of 2.90)
GF Value™: 円1,797.56 vs. price of 円1,813.00 (0.9% above fair value)
No single metric tells the full story. See the TSE:2475 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WDB Holdings Co Ltd is a Japan based holding company engaged in providing human resource services. It specializes in temporary staffing and permanent employee introductions in fields such as biotechnology and chemistry research and development. The company operates in the businesses of Human resource services, CRO business, Contract research business, and Interaction business. In Human resource services, the company provides temporary staffing and recruiting services. In the CRO business, it offers support from basic research to clinical trials in the pharmaceutical, medical and other industries. The company operates contract research business in the fields of new materials, marine organism and industrial machinery.
81GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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