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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).
The historical rank and industry rank for Yamada Servicer Synthetic Office's Net Current Asset Value or its related term are showing as below:
TSE:4351'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.05 Med: 1.44 Max: 2.68
Current: 1.44
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Yamada Servicer Synthetic Office was 2.68. The lowest was 1.05. And the median was 1.44.
TSE:4351's Price-to-Net-Current-Asset-Value is ranked better than 82.55% of 619
companies
in the Business Services industry
Industry Median: 3.67
vs TSE:4351: 1.44
Yamada Servicer Synthetic Office (TSE:4351) 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.
Yamada Servicer Synthetic Office Net Current Asset Value Related Terms
Yamada Servicer Synthetic Office Net Current Asset Value Historical Data
* 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.
Yamada Servicer Synthetic Office Net Current Asset Value Chart
TSE:4351 vs CTAS, CPRT, GPN: Net Current Asset Value Comparison
For the Specialty Business Services subindustry, Yamada Servicer Synthetic Office'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.
Yamada Servicer Synthetic Office Price-to-Net-Current-Asset-Value vs Business Services Industry
For the Business Services industry and Industrials sector, Yamada Servicer Synthetic Office's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Yamada Servicer Synthetic Office'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594.85 mean?
Yamada Servicer Synthetic Office (TSE:4351) has a Net Current Asset Value of 円594.85 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Yamada Servicer Synthetic Office and its competitors. According to the industry distribution chart, Yamada Servicer Synthetic Office ranks #108 out of 619 companies in the Business Services industry, placing it in the top 17.4%.
Is Yamada Servicer Synthetic Office's Net Current Asset Value too high?
Yamada Servicer Synthetic Office's current Net Current Asset Value is 円594.85. Based on the distribution chart, Yamada Servicer Synthetic Office ranks #108 out of 619 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Yamada Servicer Synthetic Office has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yamada Servicer Synthetic Office's Net Current Asset Value compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Yamada Servicer Synthetic Office ranks #108 out of 619 companies for Net Current Asset Value. This places Yamada Servicer Synthetic Office in the top 17% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.67. 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 Business Services company?
The median Net Current Asset Value among Business Services companies is 3.67, based on 619 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 Yamada Servicer Synthetic Office and its competitors. For the Business Services industry, the median Net Current Asset Value is 3.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yamada Servicer Synthetic Office's current Net Current Asset Value is 円594.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamada Servicer Synthetic Office stock overvalued right now?
Based on GuruFocus' analysis, Yamada Servicer Synthetic Office (TSE:4351) is currently considered Fairly Valued. The stock's GF Value™ is 円880.64, compared to a current price of 円859.00 — trading 2.5% below its estimated fair value. The current Net Current Asset Value is 円594.85. Yamada Servicer Synthetic Office's overall GF Score™ is 60/100 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 Yamada Servicer Synthetic Office (TSE:4351), the current Net Current Asset Value is 円594.85 as of Jun. 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 Yamada Servicer Synthetic Office (TSE:4351) Overvalued in 2026?
Based on GuruFocus' analysis, Yamada Servicer Synthetic Office stock appears to be undervalued.
The current stock price of 円859.00 is trading 2.5% below its estimated GF Value™ of 円880.64.
GuruFocus considers Yamada Servicer Synthetic Office to be Fairly Valued.
Key valuation signals for TSE:4351:
Net Current Asset Value: 円594.85
GF Value™: 円880.64 vs. price of 円859.00 (2.5% below fair value)
No single metric tells the full story. See the TSE:4351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yamada Servicer Synthetic Office is engaged in responding to the needs of range of financial institutions, investors and others and manage and collect purchased loans and entrusted claims. The company is also engaged in real estate and development activities and it conducts current state survey and border determination survey necessary to promote effective utilization of real estate.
60GF Score
Get the complete analysis for TSE:4351
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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