Wealth Management (TSE:3772) Net Current Asset Value: 円218.54 (As of Mar. 2026) — 10937% Above Median

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Vera Yuan
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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.
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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:3772 Wealth Management Inc TSE:3772
57 GF Score
Price 円1,049.00
GF Value 円843.67
Valuation Modestly Overvalued
! 14 Warning Signs
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What is Wealth Management Net Current Asset Value?

Wealth Management TSE:3772 -0.29% 57 Net Current Asset Value is 円218.54 as of Mar. 2026, which is 100% below its 10-year median of 1.98. GuruFocus rates TSE:3772 with a GF Score™ of 57/100 and a GF Value™ of 円843.67 (Modestly Overvalued). The stock has 14 warning signs investors should review. Among 754 Real Estate companies, Wealth Management ranks worse than 73.21% 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).

Wealth Management's net current asset value per share for the quarter that ended in Mar. 2026 was 円218.54.

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

TSE:3772' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1   Med: 1.98   Max: 4.85
Current: 4.8

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Wealth Management was 4.85. The lowest was 1.00. And the median was 1.98.

TSE:3772's Price-to-Net-Current-Asset-Value is ranked worse than
73.21% of 754 companies
in the Real Estate industry
Industry Median: 2.105 vs TSE:3772: 4.80

Wealth Management  (TSE:3772) 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.


Wealth Management Net Current Asset Value Related Terms


Wealth Management Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Wealth Management'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.

Wealth Management Net Current Asset Value Chart

Wealth Management Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 534.07 733.98 785.17 573.23 218.54

Wealth Management 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 785.17 595.43 573.23 418.07 218.54

Wealth Management Net Current Asset Value Competitor Comparison

For the Real Estate - Diversified subindustry, Wealth Management'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.


Wealth Management Price-to-Net-Current-Asset-Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Wealth Management's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


TSE:3772
57GF Score
Wealth Management Inc TSE:3772
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wealth Management Net Current Asset Value Calculation

Wealth Management's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(75823.777-71629.291-3.183-0)/19.179
=218.54

Wealth Management'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)
=(75823.777-71629.291-3.183-0)/19.179
=218.54

* 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218.54 mean?
Wealth Management (TSE:3772) has a Net Current Asset Value of 円218.54 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 Wealth Management and its competitors. This is 10937% above median its historical median of 1.98. Over the past decade, Wealth Management's Net Current Asset Value has ranged from 1.00 to 4.85. According to the industry distribution chart, Wealth Management ranks #552 out of 754 companies in the Real Estate industry, placing it in the top 73.2%.
Is Wealth Management's Net Current Asset Value too high?
Wealth Management's current Net Current Asset Value of 円218.54 is 10937% above median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 4.85. Based on the distribution chart, Wealth Management ranks #552 out of 754 companies in the Real Estate industry, which is below the industry midpoint. Overall, Wealth Management has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wealth Management's Net Current Asset Value compare to competitors?
According to the Real Estate industry distribution chart, Wealth Management ranks #552 out of 754 companies for Net Current Asset Value. This places Wealth Management in the lower half of its industry. The industry median Net Current Asset Value is 2.11. Historically, Wealth Management's own Net Current Asset Value has ranged from 1.00 to 4.85 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 2.11, based on 754 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 Wealth Management and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wealth Management's current Net Current Asset Value is 円218.54, which is 10937% above median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wealth Management stock overvalued right now?
Based on GuruFocus' analysis, Wealth Management (TSE:3772) is currently considered Modestly Overvalued. The stock's GF Value™ is 円843.67, compared to a current price of 円1,049.00 — trading 24.3% above its estimated fair value. The current Net Current Asset Value is 円218.54, which is 10937% above median its 10-year median of 1.98. Wealth Management's overall GF Score™ is 57/100 with 14 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 Wealth Management (TSE:3772), the current Net Current Asset Value is 円218.54 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 Wealth Management (TSE:3772) Overvalued in 2026?

Based on GuruFocus' analysis, Wealth Management stock appears to be overvalued. The current stock price of 円1,049.00 is trading 24.3% above its estimated GF Value™ of 円843.67. GuruFocus considers Wealth Management to be Modestly Overvalued.

Key valuation signals for TSE:3772:

  • Net Current Asset Value: 円218.54 (10937% above median its 10-year median of 1.98)
  • GF Value™: 円843.67 vs. price of 円1,049.00 (24.3% above fair value)
  • GF Score™: 57/100 with 14 warning signs

No single metric tells the full story. See the TSE:3772 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wealth Management Business Description

Address 1-12-32 Akasaka, 33rd Floor, Ark Mori Building, Minato-ku, Tokyo, JPN, 107-6090
Wealth Management Inc, along with its subsidiaries, operates in the following reportable segments: Asset management business, Real Estate business, and Hotel operation business. The majority of its revenue is generated from the Real Estate business, which is engaged in the acquisition, development, ownership, sale, and rental (master lease), etc., of real estate. The Asset management business is engaged in the operation and management of real estate and also provides investment advice on the acquisition, sale, and management of real estate. The Hotel operation business provides various services related to hotel operation, such as revenue management, on-site management of hotels, and consulting on hotel opening and operation.
57GF Score

Get the complete analysis for TSE:3772

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

円1,049.00
Price
円843.67
GF Value