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SuRaLa Net CoTSE:3998 71 Net Current Asset Value is 円137.12 as of Dec. 2025, which is 100% below its 10-year median of 9.31. GuruFocus rates TSE:3998 with a GF Score™ of 71/100 and a GF Value™ of 円392.18 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 119 Education companies, SuRaLa Net Co ranks better than 64.71% 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).
SuRaLa Net Co's net current asset value per share for the quarter that ended in Dec. 2025 was 円137.12.
The historical rank and industry rank for SuRaLa Net Co's Net Current Asset Value or its related term are showing as below:
TSE:3998'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.24 Med: 9.31 Max: 42.33
Current: 2.46
During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of SuRaLa Net Co was 42.33. The lowest was 2.24. And the median was 9.31.
TSE:3998's Price-to-Net-Current-Asset-Value is ranked better than 64.71% of 119
companies
in the Education industry
Industry Median: 4.89
vs TSE:3998: 2.46
SuRaLa Net Co (TSE:3998) 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.
SuRaLa Net Co Net Current Asset Value Related Terms
SuRaLa Net Co Net Current Asset Value Historical Data
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The historical data trend for SuRaLa Net 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:3998 vs EDU, TAL, LAUR: Net Current Asset Value Comparison
For the Education & Training Services subindustry, SuRaLa Net 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.
SuRaLa Net Co Price-to-Net-Current-Asset-Value vs Education Industry
For the Education industry and Consumer Defensive sector, SuRaLa Net Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where SuRaLa Net 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137.12 mean?
SuRaLa Net Co (TSE:3998) has a Net Current Asset Value of 円137.12 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on SuRaLa Net Co and its competitors. This is 1373% above median its historical median of 9.31. Over the past decade, SuRaLa Net Co's Net Current Asset Value has ranged from 2.24 to 42.33. According to the industry distribution chart, SuRaLa Net Co ranks #42 out of 119 companies in the Education industry, placing it in the top 35.3%.
Is SuRaLa Net Co's Net Current Asset Value too high?
SuRaLa Net Co's current Net Current Asset Value of 円137.12 is 1373% above median its 10-year median of 9.31. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 42.33. Based on the distribution chart, SuRaLa Net Co ranks #42 out of 119 companies in the Education industry, which is above the industry midpoint. Overall, SuRaLa Net Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SuRaLa Net Co's Net Current Asset Value compare to EDU and TAL?
According to the Education industry distribution chart, SuRaLa Net Co ranks #42 out of 119 companies for Net Current Asset Value. This puts SuRaLa Net Co in the upper half of its industry. The industry median Net Current Asset Value is 4.89. Historically, SuRaLa Net Co's own Net Current Asset Value has ranged from 2.24 to 42.33 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 an Education company?
The median Net Current Asset Value among Education companies is 4.89, based on 119 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 SuRaLa Net Co and its competitors. For the Education industry, the median Net Current Asset Value is 4.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SuRaLa Net Co's current Net Current Asset Value is 円137.12, which is 1373% above median its own 10-year median of 9.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SuRaLa Net Co stock overvalued right now?
Based on GuruFocus' analysis, SuRaLa Net Co (TSE:3998) is currently considered Modestly Undervalued. The stock's GF Value™ is 円392.18, compared to a current price of 円308.00 — trading 21.5% below its estimated fair value. The current Net Current Asset Value is 円137.12, which is 1373% above median its 10-year median of 9.31. SuRaLa Net Co's overall GF Score™ is 71/100 with 5 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 SuRaLa Net Co (TSE:3998), the current Net Current Asset Value is 円137.12 as of Dec. 2025. 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 SuRaLa Net Co (TSE:3998) Overvalued in 2026?
Based on GuruFocus' analysis, SuRaLa Net Co stock appears to be undervalued.
The current stock price of 円308.00 is trading 21.5% below its estimated GF Value™ of 円392.18.
GuruFocus considers SuRaLa Net Co to be Modestly Undervalued.
Key valuation signals for TSE:3998:
Net Current Asset Value: 円137.12 (1373% above median its 10-year median of 9.31)
GF Value™: 円392.18 vs. price of 円308.00 (21.5% below fair value)
No single metric tells the full story. See the TSE:3998 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SuRaLa Net Co Ltd is a Japanese company engaged in providing educational services through e-learning and operation consulting, marketing promotion and website operation.
71GF Score
Get the complete analysis for TSE:3998
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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