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Kubota Pharmaceutical Holdings CoTSE:4596 -6.85%39 Net Current Asset Value is 円12.02 as of Mar. 2026, which is 100% below its 10-year median of 2.02. GuruFocus rates TSE:4596 with a GF Score™ of 39/100 and a GF Value™ of 円16.35 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 941 Biotechnology companies, Kubota Pharmaceutical Holdings Co ranks worse than 56.96% 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).
The historical rank and industry rank for Kubota Pharmaceutical Holdings Co's Net Current Asset Value or its related term are showing as below:
TSE:4596'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.96 Med: 2.02 Max: 8.24
Current: 5.66
During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Kubota Pharmaceutical Holdings Co was 8.24. The lowest was 0.96. And the median was 2.02.
TSE:4596's Price-to-Net-Current-Asset-Value is ranked worse than 56.96% of 941
companies
in the Biotechnology industry
Industry Median: 4.81
vs TSE:4596: 5.66
Kubota Pharmaceutical Holdings Co (TSE:4596) 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.
Kubota Pharmaceutical Holdings Co Net Current Asset Value Related Terms
Kubota Pharmaceutical Holdings Co 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.
Kubota Pharmaceutical Holdings Co Net Current Asset Value Chart
TSE:4596 vs VRTX, REGN, ALNY: Net Current Asset Value Comparison
For the Biotechnology subindustry, Kubota Pharmaceutical Holdings 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.
Kubota Pharmaceutical Holdings Co Price-to-Net-Current-Asset-Value vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Kubota Pharmaceutical Holdings Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Kubota Pharmaceutical Holdings 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12.02 mean?
Kubota Pharmaceutical Holdings Co (TSE:4596) has a Net Current Asset Value of 円12.02 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 Kubota Pharmaceutical Holdings Co and its competitors. This is 495% above median its historical median of 2.02. Over the past decade, Kubota Pharmaceutical Holdings Co's Net Current Asset Value has ranged from 0.96 to 8.24. According to the industry distribution chart, Kubota Pharmaceutical Holdings Co ranks #536 out of 941 companies in the Biotechnology industry, placing it in the top 57%.
Is Kubota Pharmaceutical Holdings Co's Net Current Asset Value too high?
Kubota Pharmaceutical Holdings Co's current Net Current Asset Value of 円12.02 is 495% above median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 8.24. Based on the distribution chart, Kubota Pharmaceutical Holdings Co ranks #536 out of 941 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Kubota Pharmaceutical Holdings Co has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kubota Pharmaceutical Holdings Co's Net Current Asset Value compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Kubota Pharmaceutical Holdings Co ranks #536 out of 941 companies for Net Current Asset Value. This places Kubota Pharmaceutical Holdings Co in the lower half of its industry. The industry median Net Current Asset Value is 4.81. Historically, Kubota Pharmaceutical Holdings Co's own Net Current Asset Value has ranged from 0.96 to 8.24 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 Biotechnology company?
The median Net Current Asset Value among Biotechnology companies is 4.81, based on 941 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 Kubota Pharmaceutical Holdings Co and its competitors. For the Biotechnology industry, the median Net Current Asset Value is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kubota Pharmaceutical Holdings Co's current Net Current Asset Value is 円12.02, which is 495% above median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kubota Pharmaceutical Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Kubota Pharmaceutical Holdings Co (TSE:4596) is currently considered Significantly Overvalued. The stock's GF Value™ is 円16.35, compared to a current price of 円68.00 — trading 315.9% above its estimated fair value. The current Net Current Asset Value is 円12.02, which is 495% above median its 10-year median of 2.02. Kubota Pharmaceutical Holdings Co's overall GF Score™ is 39/100 with 1 warning sign 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 Kubota Pharmaceutical Holdings Co (TSE:4596), the current Net Current Asset Value is 円12.02 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 Kubota Pharmaceutical Holdings Co (TSE:4596) Overvalued in 2026?
Based on GuruFocus' analysis, Kubota Pharmaceutical Holdings Co stock appears to be overvalued.
The current stock price of 円68.00 is trading 315.9% above its estimated GF Value™ of 円16.35.
GuruFocus considers Kubota Pharmaceutical Holdings Co to be Significantly Overvalued.
Key valuation signals for TSE:4596:
Net Current Asset Value: 円12.02 (495% above median its 10-year median of 2.02)
GF Value™: 円16.35 vs. price of 円68.00 (315.9% above fair value)
No single metric tells the full story. See the TSE:4596 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kubota Pharmaceutical Holdings Co Business Description
Kubota Pharmaceutical Holdings Co Ltd is a Japanese company providing portfolio of drugs and devices to preserve and restore millions of people. It identifies and develops therapeutics to treat the opthalmic disorder and operations incidental or related thereto. Its pipeline products include VCM-Emixustat HCI, Lanosterol and Optogenetics.
39GF Score
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