Baudroie (TSE:4413) Net Current Asset Value: 円33.96 (As of Feb. 2026) — 72% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:4413 Baudroie Inc TSE:4413
88 GF Score
Price 円3,125.00
GF Value 円5,213.05
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Baudroie Net Current Asset Value?

Baudroie TSE:4413 +0.48% 88 Net Current Asset Value is 円33.96 as of Feb. 2026, which is 100% below its 10-year median of 19.73. GuruFocus rates TSE:4413 with a GF Score™ of 88/100 and a GF Value™ of 円5,213.05 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,760 Software companies, Baudroie ranks worse than 97.56% 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).

Baudroie's net current asset value per share for the quarter that ended in Feb. 2026 was 円33.96.

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

TSE:4413' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.26   Med: 19.73   Max: 92.03
Current: 92.02

During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Baudroie was 92.03. The lowest was 6.26. And the median was 19.73.

TSE:4413's Price-to-Net-Current-Asset-Value is ranked worse than
97.56% of 1760 companies
in the Software industry
Industry Median: 4.73 vs TSE:4413: 92.02

Baudroie  (TSE:4413) 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.


Baudroie Net Current Asset Value Related Terms


Baudroie Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Baudroie'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.

Baudroie Net Current Asset Value Chart

Baudroie Annual Data
Trend Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Net Current Asset Value
Get a 7-Day Free Trial 83.69 97.65 85.13 43.72 33.96

Baudroie Semi-Annual Data
Feb20 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 85.13 92.34 43.72 33.19 33.96

TSE:4413 vs IBM, ACN, FISV: Net Current Asset Value Comparison

For the Information Technology Services subindustry, Baudroie'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.


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

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

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


TSE:4413
88GF Score
Baudroie Inc TSE:4413
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baudroie Net Current Asset Value Calculation

Baudroie'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)
=(7365.482-6306.131-0-0)/31.195
=33.96

Baudroie'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)
=(7365.482-6306.131-0-0)/31.195
=33.96

* 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33.96 mean?
Baudroie (TSE:4413) has a Net Current Asset Value of 円33.96 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 Baudroie and its competitors. This is 72% above median its historical median of 19.73. Over the past decade, Baudroie's Net Current Asset Value has ranged from 6.26 to 92.03. According to the industry distribution chart, Baudroie ranks #1717 out of 1760 companies in the Software industry, placing it in the top 97.6%.
Is Baudroie's Net Current Asset Value too high?
Baudroie's current Net Current Asset Value of 円33.96 is 72% above median its 10-year median of 19.73. Over the past 10 years, this metric has ranged from a low of 6.26 to a high of 92.03. Based on the distribution chart, Baudroie ranks #1717 out of 1760 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Baudroie has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Baudroie's Net Current Asset Value compare to IBM and ACN?
According to the Software industry distribution chart, Baudroie ranks #1717 out of 1760 companies for Net Current Asset Value. This places Baudroie in the lower half of its industry. The industry median Net Current Asset Value is 4.73. Historically, Baudroie's own Net Current Asset Value has ranged from 6.26 to 92.03 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 4.73, based on 1,760 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 Baudroie and its competitors. For the Software industry, the median Net Current Asset Value is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baudroie's current Net Current Asset Value is 円33.96, which is 72% above median its own 10-year median of 19.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baudroie stock overvalued right now?
Based on GuruFocus' analysis, Baudroie (TSE:4413) is currently considered Significantly Undervalued. The stock's GF Value™ is 円5,213.05, compared to a current price of 円3,125.00 — trading 40.1% below its estimated fair value. The current Net Current Asset Value is 円33.96, which is 72% above median its 10-year median of 19.73. Baudroie's overall GF Score™ is 88/100 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 Baudroie (TSE:4413), the current Net Current Asset Value is 円33.96 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 Baudroie (TSE:4413) Overvalued in 2026?

Based on GuruFocus' analysis, Baudroie stock appears to be undervalued. The current stock price of 円3,125.00 is trading 40.1% below its estimated GF Value™ of 円5,213.05. GuruFocus considers Baudroie to be Significantly Undervalued.

Key valuation signals for TSE:4413:

  • Net Current Asset Value: 円33.96 (72% above median its 10-year median of 19.73)
  • GF Value™: 円5,213.05 vs. price of 円3,125.00 (40.1% below fair value)
  • GF Score™: 88/100 with 5 warning signs

No single metric tells the full story. See the TSE:4413 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baudroie Business Description

Address 1-3-1 Azabudai, 17F Mori JP Tower, Azabudai Hills, Minato-ku, Tokyo, JPN, 106-0041
Baudroie Inc is a professional operator specializing in IT infrastructure services for businesses. It caters to the needs of clients with optimal IT solutions in the network, server, security, and cloud areas. The company focuses on providing services in high-technology areas, such as cloud adoption support and network virtualization. Tailored to clients' needs and issues, Baudroie also offers design, construction, operation, and maintenance services for customized IT infrastructure.
88GF Score

Get the complete analysis for TSE:4413

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

円3,125.00
Price
円5,213.05
GF Value