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Kunimine Industries CoTSE:5388 -0.64%70 Net Current Asset Value is 円1,186.68 as of Mar. 2026, which is 100% below its 10-year median of 1.11. GuruFocus rates TSE:5388 with a GF Score™ of 70/100 and a GF Value™ of 円1,195.87 (Fairly Valued). The stock has 4 warning signs investors should review. Among 179 Building Materials companies, Kunimine Industries Co ranks better than 89.39% 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).
Kunimine Industries Co's net current asset value per share for the quarter that ended in Mar. 2026 was 円1,186.68.
The historical rank and industry rank for Kunimine Industries Co's Net Current Asset Value or its related term are showing as below:
TSE:5388'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.92 Med: 1.11 Max: 1.46
Current: 1.05
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Kunimine Industries Co was 1.46. The lowest was 0.92. And the median was 1.11.
TSE:5388's Price-to-Net-Current-Asset-Value is ranked better than 89.39% of 179
companies
in the Building Materials industry
Industry Median: 4.12
vs TSE:5388: 1.05
Kunimine Industries Co (TSE:5388) 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.
Kunimine Industries Co Net Current Asset Value Related Terms
Kunimine Industries Co Net Current Asset Value Historical Data
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The historical data trend for Kunimine Industries Co'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.
Kunimine Industries Co Net Current Asset Value Chart
TSE:5388 vs CRH, VMC, MLM: Net Current Asset Value Comparison
For the Building Materials subindustry, Kunimine Industries 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.
Kunimine Industries Co Price-to-Net-Current-Asset-Value vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Kunimine Industries Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Kunimine Industries 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1,186.68 mean?
Kunimine Industries Co (TSE:5388) has a Net Current Asset Value of 円1,186.68 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 Kunimine Industries Co and its competitors. This is 106808% above median its historical median of 1.11. Over the past decade, Kunimine Industries Co's Net Current Asset Value has ranged from 0.92 to 1.46. According to the industry distribution chart, Kunimine Industries Co ranks #19 out of 179 companies in the Building Materials industry, placing it in the top 10.6%.
Is Kunimine Industries Co's Net Current Asset Value too high?
Kunimine Industries Co's current Net Current Asset Value of 円1,186.68 is 106808% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 1.46. Based on the distribution chart, Kunimine Industries Co ranks #19 out of 179 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Kunimine Industries Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kunimine Industries Co's Net Current Asset Value compare to CRH and VMC?
According to the Building Materials industry distribution chart, Kunimine Industries Co ranks #19 out of 179 companies for Net Current Asset Value. This places Kunimine Industries Co in the top 11% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.12. Historically, Kunimine Industries Co's own Net Current Asset Value has ranged from 0.92 to 1.46 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 Building Materials company?
The median Net Current Asset Value among Building Materials companies is 4.12, based on 179 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 Kunimine Industries Co and its competitors. For the Building Materials industry, the median Net Current Asset Value is 4.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kunimine Industries Co's current Net Current Asset Value is 円1,186.68, which is 106808% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kunimine Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Kunimine Industries Co (TSE:5388) is currently considered Fairly Valued. The stock's GF Value™ is 円1,195.87, compared to a current price of 円1,245.00 — trading 4.1% above its estimated fair value. The current Net Current Asset Value is 円1,186.68, which is 106808% above median its 10-year median of 1.11. Kunimine Industries Co's overall GF Score™ is 70/100 with 4 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 Kunimine Industries Co (TSE:5388), the current Net Current Asset Value is 円1,186.68 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 Kunimine Industries Co (TSE:5388) Overvalued in 2026?
Based on GuruFocus' analysis, Kunimine Industries Co stock appears to be overvalued.
The current stock price of 円1,245.00 is trading 4.1% above its estimated GF Value™ of 円1,195.87.
GuruFocus considers Kunimine Industries Co to be Fairly Valued.
Key valuation signals for TSE:5388:
Net Current Asset Value: 円1,186.68 (106808% above median its 10-year median of 1.11)
GF Value™: 円1,195.87 vs. price of 円1,245.00 (4.1% above fair value)
No single metric tells the full story. See the TSE:5388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kunimine Industries Co Ltd manufactures bentonite for casting, civil engineering & as toilet sands for pets. It also manufactures agricultural & water treating chemicals, medicines, cosmetics, animal drugs, & feed additives, among others. Its products are used as raw materials for various products, including materials for civil engineering and construction works, industrial products, and familiar products such as cosmetics and medical products.
70GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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