Bike O (TSE:3377) Net Current Asset Value: 円274.08 (As of May. 2026) — 16214% Above Median

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Director of Data and Quant Analytics at GuruFocus
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TSE:3377 Bike O & Co Ltd TSE:3377
72 GF Score
Price 円367.00
GF Value 円516.77
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Bike O Net Current Asset Value?

Bike O TSE:3377 72 Net Current Asset Value is 円274.08 as of May. 2026, which is 100% below its 10-year median of 1.68. GuruFocus rates TSE:3377 with a GF Score™ of 72/100 and a GF Value™ of 円516.77 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 707 Vehicles & Parts companies, Bike O ranks better than 87.69% 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).

Bike O's net current asset value per share for the quarter that ended in May. 2026 was 円274.08.

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

TSE:3377' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.12   Med: 1.68   Max: 7.99
Current: 1.34

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Bike O was 7.99. The lowest was 1.12. And the median was 1.68.

TSE:3377's Price-to-Net-Current-Asset-Value is ranked better than
87.69% of 707 companies
in the Vehicles & Parts industry
Industry Median: 4.7 vs TSE:3377: 1.34

Bike O  (TSE:3377) 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.


Bike O Net Current Asset Value Related Terms


Bike O Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Bike O'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.

Bike O Net Current Asset Value Chart

Bike O Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 226.52 287.20 184.27 198.78 261.62

Bike O Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 232.87 259.77 261.62 253.19 274.08

TSE:3377 vs CVNA, PAG, ALTB: Net Current Asset Value Comparison

For the Auto & Truck Dealerships subindustry, Bike O'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.


Bike O Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bike O's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


TSE:3377
72GF Score
Bike O & Co Ltd TSE:3377
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bike O Net Current Asset Value Calculation

Bike O's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Nov. 2025 is calculated as

Net Current Asset Value Per Share(A: Nov. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(9761.868-6026.521-0-0)/14.278
=261.62

Bike O's Net Current Asset Value (NCAV) per share for the quarter that ended in May. 2026 is calculated as

Net Current Asset Value Per Share(Q: May. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(10271.465-6346.85-0-0)/14.319
=274.08

* 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274.08 mean?
Bike O (TSE:3377) has a Net Current Asset Value of 円274.08 as of May. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Bike O and its competitors. This is 16214% above median its historical median of 1.68. Over the past decade, Bike O's Net Current Asset Value has ranged from 1.12 to 7.99. According to the industry distribution chart, Bike O ranks #87 out of 707 companies in the Vehicles & Parts industry, placing it in the top 12.3%.
Is Bike O's Net Current Asset Value too high?
Bike O's current Net Current Asset Value of 円274.08 is 16214% above median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 7.99. Based on the distribution chart, Bike O ranks #87 out of 707 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Bike O has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bike O's Net Current Asset Value compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Bike O ranks #87 out of 707 companies for Net Current Asset Value. This places Bike O in the top 12% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.70. Historically, Bike O's own Net Current Asset Value has ranged from 1.12 to 7.99 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 Vehicles & Parts company?
The median Net Current Asset Value among Vehicles & Parts companies is 4.70, based on 707 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 Bike O and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 4.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bike O's current Net Current Asset Value is 円274.08, which is 16214% above median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bike O stock overvalued right now?
Based on GuruFocus' analysis, Bike O (TSE:3377) is currently considered Modestly Undervalued. The stock's GF Value™ is 円516.77, compared to a current price of 円367.00 — trading 29% below its estimated fair value. The current Net Current Asset Value is 円274.08, which is 16214% above median its 10-year median of 1.68. Bike O's overall GF Score™ is 72/100 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 Bike O (TSE:3377), the current Net Current Asset Value is 円274.08 as of May. 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 Bike O (TSE:3377) Overvalued in 2026?

Based on GuruFocus' analysis, Bike O stock appears to be undervalued. The current stock price of 円367.00 is trading 29% below its estimated GF Value™ of 円516.77. GuruFocus considers Bike O to be Modestly Undervalued.

Key valuation signals for TSE:3377:

  • Net Current Asset Value: 円274.08 (16214% above median its 10-year median of 1.68)
  • GF Value™: 円516.77 vs. price of 円367.00 (29% below fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the TSE:3377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bike O Business Description

Address 3-15-4 Wakabayashi, Setagaya-ku, Tokyo, JPN, 154-0023
Bike O & Co Ltd operates in distribution industry. The company is engaged in bike business which include buying and selling motorcycles and developing motorcycle king brand.
72GF Score

Get the complete analysis for TSE:3377

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

円367.00
Price
円516.77
GF Value