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.
SRE HoldingsTSE:2980 -2.80%69 Net Current Asset Value is 円516.99 as of Mar. 2026, which is 100% below its 10-year median of 7.03. GuruFocus rates TSE:2980 with a GF Score™ of 69/100 and a GF Value™ of 円4,980.69 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 755 Real Estate companies, SRE Holdings ranks worse than 73.38% 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).
SRE Holdings's net current asset value per share for the quarter that ended in Mar. 2026 was 円516.99.
The historical rank and industry rank for SRE Holdings's Net Current Asset Value or its related term are showing as below:
TSE:2980'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.28 Med: 7.03 Max: 10.41
Current: 4.83
During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of SRE Holdings was 10.41. The lowest was 4.28. And the median was 7.03.
TSE:2980's Price-to-Net-Current-Asset-Value is ranked worse than 73.38% of 755
companies
in the Real Estate industry
Industry Median: 2.14
vs TSE:2980: 4.83
SRE Holdings (TSE:2980) 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.
SRE Holdings Net Current Asset Value Related Terms
SRE Holdings Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for SRE Holdings'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:2980 vs CBRE, BEKE, JLL: Net Current Asset Value Comparison
For the Real Estate Services subindustry, SRE Holdings'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.
SRE Holdings Price-to-Net-Current-Asset-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, SRE Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where SRE Holdings'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516.99 mean?
SRE Holdings (TSE:2980) has a Net Current Asset Value of 円516.99 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 SRE Holdings and its competitors. This is 7254% above median its historical median of 7.03. Over the past decade, SRE Holdings' Net Current Asset Value has ranged from 4.28 to 10.41. According to the industry distribution chart, SRE Holdings ranks #554 out of 755 companies in the Real Estate industry, placing it in the top 73.4%.
Is SRE Holdings' Net Current Asset Value too high?
SRE Holdings' current Net Current Asset Value of 円516.99 is 7254% above median its 10-year median of 7.03. Over the past 10 years, this metric has ranged from a low of 4.28 to a high of 10.41. Based on the distribution chart, SRE Holdings ranks #554 out of 755 companies in the Real Estate industry, which is below the industry midpoint. Overall, SRE Holdings has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SRE Holdings' Net Current Asset Value compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, SRE Holdings ranks #554 out of 755 companies for Net Current Asset Value. This places SRE Holdings in the lower half of its industry. The industry median Net Current Asset Value is 2.14. Historically, SRE Holdings' own Net Current Asset Value has ranged from 4.28 to 10.41 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 Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.14, based on 755 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 SRE Holdings and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SRE Holdings's current Net Current Asset Value is 円516.99, which is 7254% above median its own 10-year median of 7.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SRE Holdings stock overvalued right now?
Based on GuruFocus' analysis, SRE Holdings (TSE:2980) is currently considered Possible Value Trap. The stock's GF Value™ is 円4,980.69, compared to a current price of 円2,496.00 — trading 49.9% below its estimated fair value. The current Net Current Asset Value is 円516.99, which is 7254% above median its 10-year median of 7.03. SRE Holdings' overall GF Score™ is 69/100 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 SRE Holdings (TSE:2980), the current Net Current Asset Value is 円516.99 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 SRE Holdings (TSE:2980) Overvalued in 2026?
Based on GuruFocus' analysis, SRE Holdings stock appears to be undervalued.
The current stock price of 円2,496.00 is trading 49.9% below its estimated GF Value™ of 円4,980.69.
GuruFocus considers SRE Holdings to be Possible Value Trap.
Key valuation signals for TSE:2980:
Net Current Asset Value: 円516.99 (7254% above median its 10-year median of 7.03)
GF Value™: 円4,980.69 vs. price of 円2,496.00 (49.9% below fair value)
No single metric tells the full story. See the TSE:2980 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SRE Holdings Corp operates in three businesses the real estate business, IT platform business and AI solution business. It provides AI consulting to various industries, IT platform service for real estate industry and develops real estate asset business and real estate distribution services by acquiring and operating real estate.
69GF Score
Get the complete analysis for TSE:2980
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:2980 has been successfully added to your 
