Signpost (TSE:3996) Net Current Asset Value: 円91.54 (As of Feb. 2026) — 653% Above Median

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TSE:3996 Signpost Corp TSE:3996
61 GF Score
Price 円199.00
GF Value 円487.00
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Signpost Net Current Asset Value?

Signpost TSE:3996 61 Net Current Asset Value is 円91.54 as of Feb. 2026, which is 100% below its 10-year median of 12.16. GuruFocus rates TSE:3996 with a GF Score™ of 61/100 and a GF Value™ of 円487.00 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,758 Software companies, Signpost ranks better than 79.47% 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).

Signpost's net current asset value per share for the quarter that ended in Feb. 2026 was 円91.54.

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

TSE:3996' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.17   Med: 12.16   Max: 48.52
Current: 2.17

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Signpost was 48.52. The lowest was 2.17. And the median was 12.16.

TSE:3996's Price-to-Net-Current-Asset-Value is ranked better than
79.47% of 1758 companies
in the Software industry
Industry Median: 4.705 vs TSE:3996: 2.17

Signpost  (TSE:3996) 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.


Signpost Net Current Asset Value Related Terms


Signpost Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Signpost'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.

Signpost Net Current Asset Value Chart

Signpost Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.51 63.80 70.64 84.61 91.54

Signpost Semi-Annual Data
Feb16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 70.64 76.70 84.61 82.53 91.54

TSE:3996 vs IBM, ACN, FISV: Net Current Asset Value Comparison

For the Information Technology Services subindustry, Signpost'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.


Signpost Price-to-Net-Current-Asset-Value vs Software Industry

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

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


TSE:3996
61GF Score
Signpost Corp TSE:3996
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Signpost Net Current Asset Value Calculation

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

Net Current Asset Value Per Share(A: Feb. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2335.313-1164.294-0-0)/12.793
=91.54

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

Net Current Asset Value Per Share(Q: Feb. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2335.313-1164.294-0-0)/12.793
=91.54

* 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91.54 mean?
Signpost (TSE:3996) has a Net Current Asset Value of 円91.54 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 Signpost and its competitors. This is 653% above median its historical median of 12.16. Over the past decade, Signpost's Net Current Asset Value has ranged from 2.17 to 48.52. According to the industry distribution chart, Signpost ranks #361 out of 1758 companies in the Software industry, placing it in the top 20.5%.
Is Signpost's Net Current Asset Value too high?
Signpost's current Net Current Asset Value of 円91.54 is 653% above median its 10-year median of 12.16. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 48.52. Based on the distribution chart, Signpost ranks #361 out of 1758 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Signpost has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Signpost's Net Current Asset Value compare to IBM and ACN?
According to the Software industry distribution chart, Signpost ranks #361 out of 1758 companies for Net Current Asset Value. This places Signpost in the top 21% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.71. Historically, Signpost's own Net Current Asset Value has ranged from 2.17 to 48.52 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 4.71, based on 1,758 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 Signpost and its competitors. For the Software industry, the median Net Current Asset Value is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Signpost's current Net Current Asset Value is 円91.54, which is 653% above median its own 10-year median of 12.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signpost stock overvalued right now?
Based on GuruFocus' analysis, Signpost (TSE:3996) is currently considered Significantly Undervalued. The stock's GF Value™ is 円487.00, compared to a current price of 円199.00 — trading 59.1% below its estimated fair value. The current Net Current Asset Value is 円91.54, which is 653% above median its 10-year median of 12.16. Signpost's overall GF Score™ is 61/100 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 Signpost (TSE:3996), the current Net Current Asset Value is 円91.54 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 Signpost (TSE:3996) Overvalued in 2026?

Based on GuruFocus' analysis, Signpost stock appears to be undervalued. The current stock price of 円199.00 is trading 59.1% below its estimated GF Value™ of 円487.00. GuruFocus considers Signpost to be Significantly Undervalued.

Key valuation signals for TSE:3996:

  • Net Current Asset Value: 円91.54 (653% above median its 10-year median of 12.16)
  • GF Value™: 円487.00 vs. price of 円199.00 (59.1% below fair value)
  • GF Score™: 61/100 with 2 warning signs

No single metric tells the full story. See the TSE:3996 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Signpost Business Description

Address 4-12-20 Nihonbashi Honcho, PMO Nihonbashi Honcho 6Floor, Chuo-ku, Tokyo, JPN, 103-0023
Signpost Corp is a Japan-based company engaged in the provision of information technology consulting services. The company operates through three segments namely Consulting business, DX Regional co-creation business and Innovation business.
61GF Score

Get the complete analysis for TSE:3996

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

円199.00
Price
円487.00
GF Value