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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.
Tea Life CoTSE:3172 -0.17%61 Net Current Asset Value is 円650.13 as of Jan. 2026, which is 100% below its 10-year median of 3.02. GuruFocus rates TSE:3172 with a GF Score™ of 61/100 and a GF Value™ of 円778.77 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 558 Retail - Cyclical companies, Tea Life Co ranks better than 69.53% 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).
Tea Life Co's net current asset value per share for the quarter that ended in Jan. 2026 was 円650.13.
The historical rank and industry rank for Tea Life Co's Net Current Asset Value or its related term are showing as below:
TSE:3172'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.76 Med: 3.02 Max: 7.28
Current: 1.81
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Tea Life Co was 7.28. The lowest was 1.76. And the median was 3.02.
TSE:3172's Price-to-Net-Current-Asset-Value is ranked better than 69.53% of 558
companies
in the Retail - Cyclical industry
Industry Median: 3.08
vs TSE:3172: 1.81
Tea Life Co (TSE:3172) 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.
Tea Life Co Net Current Asset Value Related Terms
Tea Life Co Net Current Asset Value Historical Data
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The historical data trend for Tea Life 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:3172 vs AMZN, BABA, PDD: Net Current Asset Value Comparison
For the Internet Retail subindustry, Tea Life 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.
Tea Life Co Price-to-Net-Current-Asset-Value vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Tea Life Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Tea Life 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650.13 mean?
Tea Life Co (TSE:3172) has a Net Current Asset Value of 円650.13 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 Tea Life Co and its competitors. This is 21427% above median its historical median of 3.02. Over the past decade, Tea Life Co's Net Current Asset Value has ranged from 1.76 to 7.28. According to the industry distribution chart, Tea Life Co ranks #170 out of 558 companies in the Retail - Cyclical industry, placing it in the top 30.5%.
Is Tea Life Co's Net Current Asset Value too high?
Tea Life Co's current Net Current Asset Value of 円650.13 is 21427% above median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 7.28. Based on the distribution chart, Tea Life Co ranks #170 out of 558 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Tea Life Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tea Life Co's Net Current Asset Value compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Tea Life Co ranks #170 out of 558 companies for Net Current Asset Value. This puts Tea Life Co in the upper half of its industry. The industry median Net Current Asset Value is 3.08. Historically, Tea Life Co's own Net Current Asset Value has ranged from 1.76 to 7.28 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 Retail - Cyclical company?
The median Net Current Asset Value among Retail - Cyclical companies is 3.08, based on 558 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 Tea Life Co and its competitors. For the Retail - Cyclical industry, the median Net Current Asset Value is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tea Life Co's current Net Current Asset Value is 円650.13, which is 21427% above median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tea Life Co stock overvalued right now?
Based on GuruFocus' analysis, Tea Life Co (TSE:3172) is currently considered Significantly Overvalued. The stock's GF Value™ is 円778.77, compared to a current price of 円1,156.00 — trading 48.4% above its estimated fair value. The current Net Current Asset Value is 円650.13, which is 21427% above median its 10-year median of 3.02. Tea Life Co's overall GF Score™ is 61/100 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 Tea Life Co (TSE:3172), the current Net Current Asset Value is 円650.13 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 Tea Life Co (TSE:3172) Overvalued in 2026?
Based on GuruFocus' analysis, Tea Life Co stock appears to be overvalued.
The current stock price of 円1,156.00 is trading 48.4% above its estimated GF Value™ of 円778.77.
GuruFocus considers Tea Life Co to be Significantly Overvalued.
Key valuation signals for TSE:3172:
Net Current Asset Value: 円650.13 (21427% above median its 10-year median of 3.02)
GF Value™: 円778.77 vs. price of 円1,156.00 (48.4% above fair value)
No single metric tells the full story. See the TSE:3172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tea Life Co Ltd is a Japan-based company involved in retail operations, wholesale distribution to mail-order companies and retail stores, as well as real estate leasing. The company operates through three reportable segments: the Wholesale Business, which supplies daily essentials and communication-related products to corporate clients; the Retail Business, which sells health foods, cosmetics, baby goods, and children's furniture directly to consumers through e-commerce channels; and the Property Management Business, which manages the leasing of company-owned properties and handles logistics-related real estate services. It generates the majority of its revenue from the Wholesale segment.
61GF 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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