TeamSpiritTSE:4397 +1.55%62 Net Current Asset Value is 円29.53 as of Feb. 2026, which is 100% below its 10-year median of 12.57. GuruFocus rates TSE:4397 with a GF Score™ of 62/100 and a GF Value™ of 円577.38 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,757 Software companies, TeamSpirit ranks worse than 79.23% 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).
TeamSpirit's net current asset value per share for the quarter that ended in Feb. 2026 was 円29.53.
The historical rank and industry rank for TeamSpirit's Net Current Asset Value or its related term are showing as below:
TSE:4397'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.89 Med: 12.57 Max: 45.19
Current: 13.34
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of TeamSpirit was 45.19. The lowest was 5.89. And the median was 12.57.
TSE:4397's Price-to-Net-Current-Asset-Value is ranked worse than 79.23% of 1757
companies
in the Software industry
Industry Median: 4.86
vs TSE:4397: 13.34
TeamSpirit (TSE:4397) 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.
TeamSpirit Net Current Asset Value Related Terms
TeamSpirit Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for TeamSpirit'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:4397 vs UBER, SHOP, CRM: Net Current Asset Value Comparison
For the Software - Application subindustry, TeamSpirit'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.
TeamSpirit Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, TeamSpirit's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where TeamSpirit'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29.53 mean?
TeamSpirit (TSE:4397) has a Net Current Asset Value of 円29.53 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 TeamSpirit and its competitors. This is 135% above median its historical median of 12.57. Over the past decade, TeamSpirit's Net Current Asset Value has ranged from 5.89 to 45.19. According to the industry distribution chart, TeamSpirit ranks #1392 out of 1757 companies in the Software industry, placing it in the top 79.2%.
Is TeamSpirit's Net Current Asset Value too high?
TeamSpirit's current Net Current Asset Value of 円29.53 is 135% above median its 10-year median of 12.57. Over the past 10 years, this metric has ranged from a low of 5.89 to a high of 45.19. Based on the distribution chart, TeamSpirit ranks #1392 out of 1757 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, TeamSpirit has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TeamSpirit's Net Current Asset Value compare to UBER and SHOP?
According to the Software industry distribution chart, TeamSpirit ranks #1392 out of 1757 companies for Net Current Asset Value. This places TeamSpirit in the lower half of its industry. The industry median Net Current Asset Value is 4.86. Historically, TeamSpirit's own Net Current Asset Value has ranged from 5.89 to 45.19 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 4.86, based on 1,757 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 TeamSpirit and its competitors. For the Software industry, the median Net Current Asset Value is 4.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TeamSpirit's current Net Current Asset Value is 円29.53, which is 135% above median its own 10-year median of 12.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TeamSpirit stock overvalued right now?
Based on GuruFocus' analysis, TeamSpirit (TSE:4397) is currently considered Possible Value Trap. The stock's GF Value™ is 円577.38, compared to a current price of 円394.00 — trading 31.8% below its estimated fair value. The current Net Current Asset Value is 円29.53, which is 135% above median its 10-year median of 12.57. TeamSpirit's overall GF Score™ is 62/100 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 TeamSpirit (TSE:4397), the current Net Current Asset Value is 円29.53 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 TeamSpirit (TSE:4397) Overvalued in 2026?
Based on GuruFocus' analysis, TeamSpirit stock appears to be undervalued.
The current stock price of 円394.00 is trading 31.8% below its estimated GF Value™ of 円577.38.
GuruFocus considers TeamSpirit to be Possible Value Trap.
Key valuation signals for TSE:4397:
Net Current Asset Value: 円29.53 (135% above median its 10-year median of 12.57)
GF Value™: 円577.38 vs. price of 円394.00 (31.8% below fair value)
No single metric tells the full story. See the TSE:4397 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TeamSpirit Inc provides Software-as-a-Service (SaaS) solutions, including the TeamSpirit platform, for business customers. It offers Team Success Platform, a SaaS solution that aims to improve the productivity of human capital from the perspective of maximizing team capabilities. The company also provides professional services related to the implementation and operation of its SaaS solutions.
62GF Score
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