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Maruchiyo YamaokayaTSE:3399 -0.26%69 Net Current Asset Value is 円85.80 as of Jan. 2026, which is 100% below its 10-year median of 38.34. GuruFocus rates TSE:3399 with a GF Score™ of 69/100 and a GF Value™ of 円2,800.19 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 72 Restaurants companies, Maruchiyo Yamaokaya ranks worse than 91.67% 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).
Maruchiyo Yamaokaya's net current asset value per share for the quarter that ended in Jan. 2026 was 円85.80.
The historical rank and industry rank for Maruchiyo Yamaokaya's Net Current Asset Value or its related term are showing as below:
TSE:3399'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 38.34 Med: 38.34 Max: 43.79
Current: 43.67
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Maruchiyo Yamaokaya was 43.79. The lowest was 38.34. And the median was 38.34.
TSE:3399's Price-to-Net-Current-Asset-Value is ranked worse than 91.67% of 72
companies
in the Restaurants industry
Industry Median: 10.265
vs TSE:3399: 43.67
Maruchiyo Yamaokaya (TSE:3399) 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.
Maruchiyo Yamaokaya Net Current Asset Value Related Terms
Maruchiyo Yamaokaya Net Current Asset Value Historical Data
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The historical data trend for Maruchiyo Yamaokaya'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:3399 vs MCD, SBUX, YUM: Net Current Asset Value Comparison
For the Restaurants subindustry, Maruchiyo Yamaokaya'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.
Maruchiyo Yamaokaya Price-to-Net-Current-Asset-Value vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Maruchiyo Yamaokaya's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Maruchiyo Yamaokaya'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85.80 mean?
Maruchiyo Yamaokaya (TSE:3399) has a Net Current Asset Value of 円85.80 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 Maruchiyo Yamaokaya and its competitors. This is 124% above median its historical median of 38.34. Over the past decade, Maruchiyo Yamaokaya's Net Current Asset Value has ranged from 38.34 to 43.79. According to the industry distribution chart, Maruchiyo Yamaokaya ranks #66 out of 72 companies in the Restaurants industry, placing it in the top 91.7%.
Is Maruchiyo Yamaokaya's Net Current Asset Value too high?
Maruchiyo Yamaokaya's current Net Current Asset Value of 円85.80 is 124% above median its 10-year median of 38.34. Over the past 10 years, this metric has ranged from a low of 38.34 to a high of 43.79. Based on the distribution chart, Maruchiyo Yamaokaya ranks #66 out of 72 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Maruchiyo Yamaokaya has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruchiyo Yamaokaya's Net Current Asset Value compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Maruchiyo Yamaokaya ranks #66 out of 72 companies for Net Current Asset Value. This places Maruchiyo Yamaokaya in the lower half of its industry. The industry median Net Current Asset Value is 10.27. Historically, Maruchiyo Yamaokaya's own Net Current Asset Value has ranged from 38.34 to 43.79 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 Restaurants company?
The median Net Current Asset Value among Restaurants companies is 10.27, based on 72 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 Maruchiyo Yamaokaya and its competitors. For the Restaurants industry, the median Net Current Asset Value is 10.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruchiyo Yamaokaya's current Net Current Asset Value is 円85.80, which is 124% above median its own 10-year median of 38.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruchiyo Yamaokaya stock overvalued right now?
Based on GuruFocus' analysis, Maruchiyo Yamaokaya (TSE:3399) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,800.19, compared to a current price of 円3,785.00 — trading 35.2% above its estimated fair value. The current Net Current Asset Value is 円85.80, which is 124% above median its 10-year median of 38.34. Maruchiyo Yamaokaya's overall GF Score™ is 69/100 with 2 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 Maruchiyo Yamaokaya (TSE:3399), the current Net Current Asset Value is 円85.80 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 Maruchiyo Yamaokaya (TSE:3399) Overvalued in 2026?
Based on GuruFocus' analysis, Maruchiyo Yamaokaya stock appears to be overvalued.
The current stock price of 円3,785.00 is trading 35.2% above its estimated GF Value™ of 円2,800.19.
GuruFocus considers Maruchiyo Yamaokaya to be Significantly Overvalued.
Key valuation signals for TSE:3399:
Net Current Asset Value: 円85.80 (124% above median its 10-year median of 38.34)
GF Value™: 円2,800.19 vs. price of 円3,785.00 (35.2% above fair value)
No single metric tells the full story. See the TSE:3399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maruchiyo Yamaokaya Corp is engaged in operating a direct chain ramen noodle restaurants called Ramen Yamaokaya mainly in Hokkaido and Kanto area. It has more than twenty-five types of regular menu. Its menu includes soy sauce, miso, salt, special miso, spicy miso, Premium soy sauce, and premium salt.
69GF Score
Get the complete analysis for TSE:3399
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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