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Kumiai Chemical Industry CoTSE:4996 -0.41%78 Net Current Asset Value is 円489.07 as of Apr. 2026, which is 100% below its 10-year median of 2.78. GuruFocus rates TSE:4996 with a GF Score™ of 78/100 and a GF Value™ of 円861.49 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 163 Agriculture companies, Kumiai Chemical Industry Co ranks better than 79.75% 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).
Kumiai Chemical Industry Co's net current asset value per share for the quarter that ended in Apr. 2026 was 円489.07.
The historical rank and industry rank for Kumiai Chemical Industry Co's Net Current Asset Value or its related term are showing as below:
TSE:4996'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.48 Med: 2.78 Max: 12.63
Current: 1.48
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Kumiai Chemical Industry Co was 12.63. The lowest was 1.48. And the median was 2.78.
TSE:4996's Price-to-Net-Current-Asset-Value is ranked better than 79.75% of 163
companies
in the Agriculture industry
Industry Median: 3.29
vs TSE:4996: 1.48
Kumiai Chemical Industry Co (TSE:4996) 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.
Kumiai Chemical Industry Co Net Current Asset Value Related Terms
Kumiai Chemical Industry 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.
Kumiai Chemical Industry Co Net Current Asset Value Chart
TSE:4996 vs CTVA, CF, MOS: Net Current Asset Value Comparison
For the Agricultural Inputs subindustry, Kumiai Chemical Industry 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.
Kumiai Chemical Industry Co Price-to-Net-Current-Asset-Value vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Kumiai Chemical Industry Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Kumiai Chemical Industry 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489.07 mean?
Kumiai Chemical Industry Co (TSE:4996) has a Net Current Asset Value of 円489.07 as of Apr. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Kumiai Chemical Industry Co and its competitors. This is 17492% above median its historical median of 2.78. Over the past decade, Kumiai Chemical Industry Co's Net Current Asset Value has ranged from 1.48 to 12.63. According to the industry distribution chart, Kumiai Chemical Industry Co ranks #33 out of 163 companies in the Agriculture industry, placing it in the top 20.2%.
Is Kumiai Chemical Industry Co's Net Current Asset Value too high?
Kumiai Chemical Industry Co's current Net Current Asset Value of 円489.07 is 17492% above median its 10-year median of 2.78. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 12.63. Based on the distribution chart, Kumiai Chemical Industry Co ranks #33 out of 163 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Kumiai Chemical Industry Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kumiai Chemical Industry Co's Net Current Asset Value compare to CTVA and CF?
According to the Agriculture industry distribution chart, Kumiai Chemical Industry Co ranks #33 out of 163 companies for Net Current Asset Value. This places Kumiai Chemical Industry Co in the top 20% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.29. Historically, Kumiai Chemical Industry Co's own Net Current Asset Value has ranged from 1.48 to 12.63 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 an Agriculture company?
The median Net Current Asset Value among Agriculture companies is 3.29, based on 163 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 Kumiai Chemical Industry Co and its competitors. For the Agriculture industry, the median Net Current Asset Value is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kumiai Chemical Industry Co's current Net Current Asset Value is 円489.07, which is 17492% above median its own 10-year median of 2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kumiai Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Kumiai Chemical Industry Co (TSE:4996) is currently considered Modestly Undervalued. The stock's GF Value™ is 円861.49, compared to a current price of 円723.00 — trading 16.1% below its estimated fair value. The current Net Current Asset Value is 円489.07, which is 17492% above median its 10-year median of 2.78. Kumiai Chemical Industry Co's overall GF Score™ is 78/100 with 6 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 Kumiai Chemical Industry Co (TSE:4996), the current Net Current Asset Value is 円489.07 as of Apr. 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 Kumiai Chemical Industry Co (TSE:4996) Overvalued in 2026?
Based on GuruFocus' analysis, Kumiai Chemical Industry Co stock appears to be undervalued.
The current stock price of 円723.00 is trading 16.1% below its estimated GF Value™ of 円861.49.
GuruFocus considers Kumiai Chemical Industry Co to be Modestly Undervalued.
Key valuation signals for TSE:4996:
Net Current Asset Value: 円489.07 (17492% above median its 10-year median of 2.78)
GF Value™: 円861.49 vs. price of 円723.00 (16.1% below fair value)
No single metric tells the full story. See the TSE:4996 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kumiai Chemical Industry Co Ltd is a crop protection company that has three business segments: Chemical products, Lease, and Others. The Chemical Products segment engages in the synthesis, manufacture and sale of crop protection products to the agriculture industry. The firm's product portfolio includes insecticides, herbicides, fungicides, plant growth regulators, and other pesticides. The Chemical products segment also accounts for nearly all of the firm's revenue and operating profits. The firm is based in Japan and generates revenue in over 50 countries throughout the world.
78GF Score
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