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Mitsubishi Research InstituteTSE:3636 -0.64%79 Net Current Asset Value is 円1,866.55 as of Mar. 2026, which is 100% below its 10-year median of 3.82. GuruFocus rates TSE:3636 with a GF Score™ of 79/100 and a GF Value™ of 円5,180.24 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,760 Software companies, Mitsubishi Research Institute ranks better than 75.06% 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).
Mitsubishi Research Institute's net current asset value per share for the quarter that ended in Mar. 2026 was 円1,866.55.
The historical rank and industry rank for Mitsubishi Research Institute's Net Current Asset Value or its related term are showing as below:
TSE:3636'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.48 Med: 3.82 Max: 6.43
Current: 2.48
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Mitsubishi Research Institute was 6.43. The lowest was 2.48. And the median was 3.82.
TSE:3636's Price-to-Net-Current-Asset-Value is ranked better than 75.06% of 1760
companies
in the Software industry
Industry Median: 4.685
vs TSE:3636: 2.48
Mitsubishi Research Institute (TSE:3636) 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.
Mitsubishi Research Institute Net Current Asset Value Related Terms
Mitsubishi Research Institute Net Current Asset Value Historical Data
* 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.
Mitsubishi Research Institute Net Current Asset Value Chart
TSE:3636 vs IBM, ACN, FISV: Net Current Asset Value Comparison
For the Information Technology Services subindustry, Mitsubishi Research Institute'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.
Mitsubishi Research Institute Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Mitsubishi Research Institute's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Mitsubishi Research Institute'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1,866.55 mean?
Mitsubishi Research Institute (TSE:3636) has a Net Current Asset Value of 円1,866.55 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Mitsubishi Research Institute and its competitors. This is 48763% above median its historical median of 3.82. Over the past decade, Mitsubishi Research Institute's Net Current Asset Value has ranged from 2.48 to 6.43. According to the industry distribution chart, Mitsubishi Research Institute ranks #439 out of 1760 companies in the Software industry, placing it in the top 24.9%.
Is Mitsubishi Research Institute's Net Current Asset Value too high?
Mitsubishi Research Institute's current Net Current Asset Value of 円1,866.55 is 48763% above median its 10-year median of 3.82. Over the past 10 years, this metric has ranged from a low of 2.48 to a high of 6.43. Based on the distribution chart, Mitsubishi Research Institute ranks #439 out of 1760 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Mitsubishi Research Institute has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Research Institute's Net Current Asset Value compare to IBM and ACN?
According to the Software industry distribution chart, Mitsubishi Research Institute ranks #439 out of 1760 companies for Net Current Asset Value. This places Mitsubishi Research Institute in the top 25% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.69. Historically, Mitsubishi Research Institute's own Net Current Asset Value has ranged from 2.48 to 6.43 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 Software company?
The median Net Current Asset Value among Software companies is 4.69, based on 1,760 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 Mitsubishi Research Institute and its competitors. For the Software industry, the median Net Current Asset Value is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Research Institute's current Net Current Asset Value is 円1,866.55, which is 48763% above median its own 10-year median of 3.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Research Institute stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Research Institute (TSE:3636) is currently considered Modestly Undervalued. The stock's GF Value™ is 円5,180.24, compared to a current price of 円4,635.00 — trading 10.5% below its estimated fair value. The current Net Current Asset Value is 円1,866.55, which is 48763% above median its 10-year median of 3.82. Mitsubishi Research Institute's overall GF Score™ is 79/100 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 Mitsubishi Research Institute (TSE:3636), the current Net Current Asset Value is 円1,866.55 as of Mar. 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 Mitsubishi Research Institute (TSE:3636) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsubishi Research Institute stock appears to be undervalued.
The current stock price of 円4,635.00 is trading 10.5% below its estimated GF Value™ of 円5,180.24.
GuruFocus considers Mitsubishi Research Institute to be Modestly Undervalued.
Key valuation signals for TSE:3636:
Net Current Asset Value: 円1,866.55 (48763% above median its 10-year median of 3.82)
GF Value™: 円5,180.24 vs. price of 円4,635.00 (10.5% below fair value)
No single metric tells the full story. See the TSE:3636 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsubishi Research Institute Business Description
Mitsubishi Research Institute Inc is an international research and consulting firm. The company assists its clients in developing comprehensive solutions to meet their diverse needs by integrating think-tank, consulting and IT solution services. The Think Tank and Consulting segment offers research, survey analysis, project appraisal, strategic planning, and other organizational development services. The IT Solutions segment provides IT support and consulting, software development, data processing, system machinery, core system outsourcing, and business process outsourcing services. The business activity is primarily functioned through the regions of Japan.
79GF Score
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