Jinushi Co (TSE:3252) Net Current Asset Value: 円613.22 (As of Dec. 2025) — 19745% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:3252 Jinushi Co Ltd TSE:3252
73 GF Score
Price 円2,869.00
GF Value 円3,639.60
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Jinushi Co Net Current Asset Value?

Jinushi Co TSE:3252 -1.75% 73 Net Current Asset Value is 円613.22 as of Dec. 2025, which is 100% below its 10-year median of 3.09. GuruFocus rates TSE:3252 with a GF Score™ of 73/100 and a GF Value™ of 円3,639.60 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 757 Real Estate companies, Jinushi Co ranks worse than 132100.26% 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).

Jinushi Co's net current asset value per share for the quarter that ended in Dec. 2025 was 円613.22.

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

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Jinushi Co was 21.75. The lowest was 1.56. And the median was 3.09.

TSE:3252's Price-to-Net-Current-Asset-Value is not ranked *
in the Real Estate industry.
Industry Median: 2.1
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Jinushi Co  (TSE:3252) 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.


Jinushi Co Net Current Asset Value Related Terms


Jinushi Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Jinushi 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.

Jinushi Co Net Current Asset Value Chart

Jinushi Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.02 634.42 845.34 1,196.70 613.22

Jinushi Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1,124.60 1,128.70 361.94 613.22 -832.11

TSE:3252 vs CBRE, BEKE, JLL: Net Current Asset Value Comparison

For the Real Estate Services subindustry, Jinushi 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.


Jinushi Co Price-to-Net-Current-Asset-Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Jinushi Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


TSE:3252
73GF Score
Jinushi Co Ltd TSE:3252
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jinushi Co Net Current Asset Value Calculation

Jinushi Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(109124-94450-1992-0)/20.681
=613.22

Jinushi Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(109124-94450-1992-0)/20.681
=613.22

* 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613.22 mean?
Jinushi Co (TSE:3252) has a Net Current Asset Value of 円613.22 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Jinushi Co and its competitors. This is 19745% above median its historical median of 3.09. Over the past decade, Jinushi Co's Net Current Asset Value has ranged from 1.56 to 21.75. According to the industry distribution chart, Jinushi Co ranks #999999 out of 757 companies in the Real Estate industry.
Is Jinushi Co's Net Current Asset Value too high?
Jinushi Co's current Net Current Asset Value of 円613.22 is 19745% above median its 10-year median of 3.09. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 21.75. Based on the distribution chart, Jinushi Co ranks #999999 out of 757 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Jinushi Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jinushi Co's Net Current Asset Value compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Jinushi Co ranks #999999 out of 757 companies for Net Current Asset Value. This places Jinushi Co in the lower half of its industry. The industry median Net Current Asset Value is 2.10. Historically, Jinushi Co's own Net Current Asset Value has ranged from 1.56 to 21.75 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 2.10, based on 757 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 Jinushi Co and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinushi Co's current Net Current Asset Value is 円613.22, which is 19745% above median its own 10-year median of 3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinushi Co stock overvalued right now?
Based on GuruFocus' analysis, Jinushi Co (TSE:3252) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,639.60, compared to a current price of 円2,869.00 — trading 21.2% below its estimated fair value. The current Net Current Asset Value is 円613.22, which is 19745% above median its 10-year median of 3.09. Jinushi Co's overall GF Score™ is 73/100 with 4 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 Jinushi Co (TSE:3252), the current Net Current Asset Value is 円613.22 as of Dec. 2025. 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 Jinushi Co (TSE:3252) Overvalued in 2026?

Based on GuruFocus' analysis, Jinushi Co stock appears to be undervalued. The current stock price of 円2,869.00 is trading 21.2% below its estimated GF Value™ of 円3,639.60. GuruFocus considers Jinushi Co to be Modestly Undervalued.

Key valuation signals for TSE:3252:

  • Net Current Asset Value: 円613.22 (19745% above median its 10-year median of 3.09)
  • GF Value™: 円3,639.60 vs. price of 円2,869.00 (21.2% below fair value)
  • GF Score™: 73/100 with 4 warning signs

No single metric tells the full story. See the TSE:3252 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jinushi Co Business Description

Address 4-1-1 Imabashi, Chuo-ku, Yodoyabashi Mitsui Building, Osaka, JPN, 541-0042
Jinushi Co Ltd is engaged in real estate investment business, sublease, fund fees business, planning and intermediary business.
73GF Score

Get the complete analysis for TSE:3252

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

円2,869.00
Price
円3,639.60
GF Value