Inbound Platform (TSE:5587) Net Current Asset Value: 円54.48 (As of Mar. 2026) — 184% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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:5587 Inbound Platform Corp TSE:5587
32 GF Score
Price 円854.00
GF Value 円1,325.78
Valuation Significantly Undervalued
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What is Inbound Platform Net Current Asset Value?

Inbound Platform TSE:5587 32 Net Current Asset Value is 円54.48 as of Mar. 2026, which is 100% below its 10-year median of 19.20. GuruFocus rates TSE:5587 with a GF Score™ of 32/100 and a GF Value™ of 円1,325.78 (Significantly Undervalued). Among 625 Business Services companies, Inbound Platform ranks worse than 87.52% 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).

Inbound Platform's net current asset value per share for the quarter that ended in Mar. 2026 was 円54.48.

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

TSE:5587' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 11.98   Med: 19.2   Max: 40.96
Current: 15.68

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Inbound Platform was 40.96. The lowest was 11.98. And the median was 19.20.

TSE:5587's Price-to-Net-Current-Asset-Value is ranked worse than
87.52% of 625 companies
in the Business Services industry
Industry Median: 3.72 vs TSE:5587: 15.68

Inbound Platform  (TSE:5587) 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.


Inbound Platform Net Current Asset Value Related Terms


Inbound Platform Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Inbound Platform'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.

Inbound Platform Net Current Asset Value Chart

Inbound Platform Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Net Current Asset Value
-6.17 4.63 150.25 26.94 26.93

Inbound Platform Semi-Annual Data
Sep21 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only 131.64 26.94 30.81 26.93 54.48

TSE:5587 vs CTAS, CPRT, ULS: Net Current Asset Value Comparison

For the Specialty Business Services subindustry, Inbound Platform'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.


Inbound Platform Price-to-Net-Current-Asset-Value vs Business Services Industry

For the Business Services industry and Industrials sector, Inbound Platform's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


TSE:5587
32GF Score
Inbound Platform Corp TSE:5587
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Inbound Platform Net Current Asset Value Calculation

Inbound Platform's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Sep. 2025 is calculated as

Net Current Asset Value Per Share(A: Sep. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1379.102-1281.909-4.277-0)/3.450
=26.93

Inbound Platform's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2254.647-2065.361-1.337-0)/3.450
=54.48

* 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54.48 mean?
Inbound Platform (TSE:5587) has a Net Current Asset Value of 円54.48 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 Inbound Platform and its competitors. This is 184% above median its historical median of 19.20. Over the past decade, Inbound Platform's Net Current Asset Value has ranged from 11.98 to 40.96. According to the industry distribution chart, Inbound Platform ranks #547 out of 625 companies in the Business Services industry, placing it in the top 87.5%.
Is Inbound Platform's Net Current Asset Value too high?
Inbound Platform's current Net Current Asset Value of 円54.48 is 184% above median its 10-year median of 19.20. Over the past 10 years, this metric has ranged from a low of 11.98 to a high of 40.96. Based on the distribution chart, Inbound Platform ranks #547 out of 625 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Inbound Platform has a GF Score™ of 32/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Inbound Platform's Net Current Asset Value compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Inbound Platform ranks #547 out of 625 companies for Net Current Asset Value. This places Inbound Platform in the lower half of its industry. The industry median Net Current Asset Value is 3.72. Historically, Inbound Platform's own Net Current Asset Value has ranged from 11.98 to 40.96 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 Business Services company?
The median Net Current Asset Value among Business Services companies is 3.72, based on 625 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 Inbound Platform and its competitors. For the Business Services industry, the median Net Current Asset Value is 3.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inbound Platform's current Net Current Asset Value is 円54.48, which is 184% above median its own 10-year median of 19.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inbound Platform stock overvalued right now?
Based on GuruFocus' analysis, Inbound Platform (TSE:5587) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,325.78, compared to a current price of 円854.00 — trading 35.6% below its estimated fair value. The current Net Current Asset Value is 円54.48, which is 184% above median its 10-year median of 19.20. Inbound Platform's overall GF Score™ is 32/100. 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 Inbound Platform (TSE:5587), the current Net Current Asset Value is 円54.48 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 Inbound Platform (TSE:5587) Overvalued in 2026?

Based on GuruFocus' analysis, Inbound Platform stock appears to be undervalued. The current stock price of 円854.00 is trading 35.6% below its estimated GF Value™ of 円1,325.78. GuruFocus considers Inbound Platform to be Significantly Undervalued.

Key valuation signals for TSE:5587:

  • Net Current Asset Value: 円54.48 (184% above median its 10-year median of 19.20)
  • GF Value™: 円1,325.78 vs. price of 円854.00 (35.6% below fair value)
  • GF Score™: 32/100

No single metric tells the full story. See the TSE:5587 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inbound Platform Business Description

Address 6-14-5 Shimbashi, 4th floor, SW Shimbashi Building, Minato-ku, Tokyo, JPN, 105-0004
Inbound Platform Corp is engaged in providing Pocket Wi-Fi, RV rental, foreign currency exchange services, and online travel information so foreign visitors can enjoy Japan even more. Its business operations cater to foreign visitors in Japan.
32GF Score

Get the complete analysis for TSE:5587

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

円854.00
Price
円1,325.78
GF Value