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.
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.
SusmedTSE:4263 -4.08%55 Net Current Asset Value is 円232.60 as of Mar. 2026. GuruFocus rates TSE:4263 with a GF Score™ of 55/100 and a GF Value™ of 円903.93 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 276 Healthcare Providers & Services companies, Susmed ranks better than 79.71% 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).
Susmed's net current asset value per share for the quarter that ended in Mar. 2026 was 円232.60.
The historical rank and industry rank for Susmed's Net Current Asset Value or its related term are showing as below:
TSE:4263'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.84 Med: 3.04 Max: 6.11
Current: 1.84
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Susmed was 6.11. The lowest was 1.84. And the median was 3.04.
TSE:4263's Price-to-Net-Current-Asset-Value is ranked better than 79.71% of 276
companies
in the Healthcare Providers & Services industry
Industry Median: 6.25
vs TSE:4263: 1.84
Susmed (TSE:4263) 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.
Susmed Net Current Asset Value Related Terms
Susmed Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Susmed'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:4263 vs VEEV, BTSG, TEM: Net Current Asset Value Comparison
For the Health Information Services subindustry, Susmed'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.
Susmed Price-to-Net-Current-Asset-Value vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Susmed's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Susmed'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232.60 mean?
Susmed (TSE:4263) has a Net Current Asset Value of 円232.60 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 Susmed and its competitors. According to the industry distribution chart, Susmed ranks #56 out of 276 companies in the Healthcare Providers & Services industry, placing it in the top 20.3%.
Is Susmed's Net Current Asset Value too high?
Susmed's current Net Current Asset Value is 円232.60. Based on the distribution chart, Susmed ranks #56 out of 276 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Susmed has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Susmed's Net Current Asset Value compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Susmed ranks #56 out of 276 companies for Net Current Asset Value. This places Susmed in the top 20% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 6.25. 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 Healthcare Providers & Services company?
The median Net Current Asset Value among Healthcare Providers & Services companies is 6.25, based on 276 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 Susmed and its competitors. For the Healthcare Providers & Services industry, the median Net Current Asset Value is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Susmed's current Net Current Asset Value is 円232.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Susmed stock overvalued right now?
Based on GuruFocus' analysis, Susmed (TSE:4263) is currently considered Possible Value Trap. The stock's GF Value™ is 円903.93, compared to a current price of 円423.00 — trading 53.2% below its estimated fair value. The current Net Current Asset Value is 円232.60. Susmed's overall GF Score™ is 55/100 with 4 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 Susmed (TSE:4263), the current Net Current Asset Value is 円232.60 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 Susmed (TSE:4263) Overvalued in 2026?
Based on GuruFocus' analysis, Susmed stock appears to be undervalued.
The current stock price of 円423.00 is trading 53.2% below its estimated GF Value™ of 円903.93.
GuruFocus considers Susmed to be Possible Value Trap.
Key valuation signals for TSE:4263:
Net Current Asset Value: 円232.60
GF Value™: 円903.93 vs. price of 円423.00 (53.2% below fair value)
No single metric tells the full story. See the TSE:4263 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Susmed Inc is engaged in the development of therapeutic smartphone apps and digital solutions to streamline clinical trials. It is currently developing therapeutic apps for patients with insomnia, breast cancer, kidney disease, and other conditions. In addition, it has developed Susumed System, which uses a proprietary blockchain technology to ensure the reliability of clinical trial data, and can reduce the manpower and costs allocated to clinical trials. The company's reportable segments are: the DTx Product Business, which derives maximum revenue, and consists of the development of therapeutic apps; and the DTx Platform Business, which provides general-purpose clinical trial systems and machine learning automated analysis systems.
55GF Score
Get the complete analysis for TSE:4263
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:4263 has been successfully added to your 
