Jorudan Co (TSE:3710) Net Current Asset Value: 円668.90 (As of Mar. 2026) — 58065% 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:3710 Jorudan Co Ltd TSE:3710
64 GF Score
Price 円619.00
GF Value 円629.76
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Jorudan Co Net Current Asset Value?

Jorudan Co TSE:3710 -0.32% 64 Net Current Asset Value is 円668.90 as of Mar. 2026, which is 100% below its 10-year median of 1.15. GuruFocus rates TSE:3710 with a GF Score™ of 64/100 and a GF Value™ of 円629.76 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,760 Software companies, Jorudan Co ranks better than 94.66% 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).

Jorudan Co's net current asset value per share for the quarter that ended in Mar. 2026 was 円668.90.

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

TSE:3710' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.93   Med: 1.15   Max: 2.74
Current: 0.93

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Jorudan Co was 2.74. The lowest was 0.93. And the median was 1.15.

TSE:3710's Price-to-Net-Current-Asset-Value is ranked better than
94.66% of 1760 companies
in the Software industry
Industry Median: 4.685 vs TSE:3710: 0.93

Jorudan Co  (TSE:3710) 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.


Jorudan Co Net Current Asset Value Related Terms


Jorudan Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Jorudan 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.

Jorudan Co Net Current Asset Value Chart

Jorudan Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 707.30 703.44 600.16 565.49 612.60

Jorudan Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 605.36 565.49 603.06 612.60 668.90

TSE:3710 vs UBER, SHOP, CRM: Net Current Asset Value Comparison

For the Software - Application subindustry, Jorudan 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.


Jorudan Co Price-to-Net-Current-Asset-Value vs Software Industry

For the Software industry and Technology sector, Jorudan Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


TSE:3710
64GF Score
Jorudan Co Ltd TSE:3710
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jorudan Co Net Current Asset Value Calculation

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

Net Current Asset Value Per Share(A: Sep. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(4044.054-899.577-19.581-0)/5.101
=612.60

Jorudan Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(4643.846-1210.475-21.328-0)/5.101
=668.90

* 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668.90 mean?
Jorudan Co (TSE:3710) has a Net Current Asset Value of 円668.90 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 Jorudan Co and its competitors. This is 58065% above median its historical median of 1.15. Over the past decade, Jorudan Co's Net Current Asset Value has ranged from 0.93 to 2.74. According to the industry distribution chart, Jorudan Co ranks #94 out of 1760 companies in the Software industry, placing it in the top 5.3%.
Is Jorudan Co's Net Current Asset Value too high?
Jorudan Co's current Net Current Asset Value of 円668.90 is 58065% above median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 2.74. Based on the distribution chart, Jorudan Co ranks #94 out of 1760 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Jorudan Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jorudan Co's Net Current Asset Value compare to UBER and SHOP?
According to the Software industry distribution chart, Jorudan Co ranks #94 out of 1760 companies for Net Current Asset Value. This places Jorudan Co in the top 5% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.69. Historically, Jorudan Co's own Net Current Asset Value has ranged from 0.93 to 2.74 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 Jorudan Co 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. Jorudan Co's current Net Current Asset Value is 円668.90, which is 58065% above median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jorudan Co stock overvalued right now?
Based on GuruFocus' analysis, Jorudan Co (TSE:3710) is currently considered Fairly Valued. The stock's GF Value™ is 円629.76, compared to a current price of 円619.00 — trading 1.7% below its estimated fair value. The current Net Current Asset Value is 円668.90, which is 58065% above median its 10-year median of 1.15. Jorudan Co's overall GF Score™ is 64/100 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 Jorudan Co (TSE:3710), the current Net Current Asset Value is 円668.90 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 Jorudan Co (TSE:3710) Overvalued in 2026?

Based on GuruFocus' analysis, Jorudan Co stock appears to be undervalued. The current stock price of 円619.00 is trading 1.7% below its estimated GF Value™ of 円629.76. GuruFocus considers Jorudan Co to be Fairly Valued.

Key valuation signals for TSE:3710:

  • Net Current Asset Value: 円668.90 (58065% above median its 10-year median of 1.15)
  • GF Value™: 円629.76 vs. price of 円619.00 (1.7% below fair value)
  • GF Score™: 64/100 with 2 warning signs

No single metric tells the full story. See the TSE:3710 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jorudan Co Business Description

Address 5-10,Shinjuku 2-chome Shinjuku-ku, Tokyo, JPN, 160-0022
Jorudan Co Ltd is engaged in software applications and system architecture. It develops program, manufacture of systems, digital contents, and internet contents. It provides services to Japan transit planner which helps to search routes, fares, and schedules of trains and airplanes all over Japan.
64GF Score

Get the complete analysis for TSE:3710

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

円619.00
Price
円629.76
GF Value