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Azplanning CoTSE:3490 -0.50%63 Net Current Asset Value is 円2,152.06 as of Feb. 2026, which is 100% below its 10-year median of 2.21. GuruFocus rates TSE:3490 with a GF Score™ of 63/100 and a GF Value™ of 円2,318.16 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 757 Real Estate companies, Azplanning Co ranks better than 64.86% 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).
Azplanning Co's net current asset value per share for the quarter that ended in Feb. 2026 was 円2,152.06.
The historical rank and industry rank for Azplanning Co's Net Current Asset Value or its related term are showing as below:
TSE:3490'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.26 Med: 2.21 Max: 242.08
Current: 1.4
During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Azplanning Co was 242.08. The lowest was 1.26. And the median was 2.21.
TSE:3490's Price-to-Net-Current-Asset-Value is ranked better than 64.86% of 757
companies
in the Real Estate industry
Industry Median: 2.13
vs TSE:3490: 1.40
Azplanning Co (TSE:3490) 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.
Azplanning Co Net Current Asset Value Related Terms
Azplanning Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Azplanning 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:3490 vs CBRE, BEKE, JLL: Net Current Asset Value Comparison
For the Real Estate Services subindustry, Azplanning 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.
Azplanning Co Price-to-Net-Current-Asset-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Azplanning Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Azplanning 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2,152.06 mean?
Azplanning Co (TSE:3490) has a Net Current Asset Value of 円2,152.06 as of Feb. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Azplanning Co and its competitors. This is 97278% above median its historical median of 2.21. Over the past decade, Azplanning Co's Net Current Asset Value has ranged from 1.26 to 242.08. According to the industry distribution chart, Azplanning Co ranks #266 out of 757 companies in the Real Estate industry, placing it in the top 35.1%.
Is Azplanning Co's Net Current Asset Value too high?
Azplanning Co's current Net Current Asset Value of 円2,152.06 is 97278% above median its 10-year median of 2.21. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 242.08. Based on the distribution chart, Azplanning Co ranks #266 out of 757 companies in the Real Estate industry, which is above the industry midpoint. Overall, Azplanning Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Azplanning Co's Net Current Asset Value compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Azplanning Co ranks #266 out of 757 companies for Net Current Asset Value. This puts Azplanning Co in the upper half of its industry. The industry median Net Current Asset Value is 2.13. Historically, Azplanning Co's own Net Current Asset Value has ranged from 1.26 to 242.08 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 2.13, 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 Azplanning Co and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azplanning Co's current Net Current Asset Value is 円2,152.06, which is 97278% above median its own 10-year median of 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azplanning Co stock overvalued right now?
Based on GuruFocus' analysis, Azplanning Co (TSE:3490) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,318.16, compared to a current price of 円3,015.00 — trading 30.1% above its estimated fair value. The current Net Current Asset Value is 円2,152.06, which is 97278% above median its 10-year median of 2.21. Azplanning Co's overall GF Score™ is 63/100 with 10 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 Azplanning Co (TSE:3490), the current Net Current Asset Value is 円2,152.06 as of Feb. 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 Azplanning Co (TSE:3490) Overvalued in 2026?
Based on GuruFocus' analysis, Azplanning Co stock appears to be overvalued.
The current stock price of 円3,015.00 is trading 30.1% above its estimated GF Value™ of 円2,318.16.
GuruFocus considers Azplanning Co to be Modestly Overvalued.
Key valuation signals for TSE:3490:
Net Current Asset Value: 円2,152.06 (97278% above median its 10-year median of 2.21)
GF Value™: 円2,318.16 vs. price of 円3,015.00 (30.1% above fair value)
No single metric tells the full story. See the TSE:3490 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Azplanning Co Ltd is a Japan-based company engages in the selling, leasing, and management of real estate for investment. The Real Estate Sales business includes revenue real estate trading areas and business hotel trading areas. The Real Estate Rental business includes real estate leasing areas, space reclamation areas, business hotel areas. The Real Estate Management business includes real estate management intermediary areas, building renovation areas, and real estate management incidental areas.
63GF Score
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