Topre (TSE:5975) Net Current Asset Value: 円694.93 (As of Mar. 2026) — 8490% 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:5975 Topre Corp TSE:5975
84 GF Score
Price 円3,245.00
GF Value 円2,319.21
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Topre Net Current Asset Value?

Topre TSE:5975 +2.20% 84 Net Current Asset Value is 円694.93 as of Mar. 2026, which is 100% below its 10-year median of 8.09. GuruFocus rates TSE:5975 with a GF Score™ of 84/100 and a GF Value™ of 円2,319.21 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 702 Vehicles & Parts companies, Topre ranks better than 52.71% 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).

Topre's net current asset value per share for the quarter that ended in Mar. 2026 was 円694.93.

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

TSE:5975' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.4   Med: 8.09   Max: 10.33
Current: 4.57

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Topre was 10.33. The lowest was 3.40. And the median was 8.09.

TSE:5975's Price-to-Net-Current-Asset-Value is ranked better than
52.71% of 702 companies
in the Vehicles & Parts industry
Industry Median: 4.77 vs TSE:5975: 4.57

Topre  (TSE:5975) 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.


Topre Net Current Asset Value Related Terms


Topre Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Topre'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.

Topre Net Current Asset Value Chart

Topre Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -187.73 -12.99 316.40 444.19 694.93

Topre Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 406.26 442.06 547.72 694.93 710.79

TSE:5975 vs ORLY, AZO: Net Current Asset Value Comparison

For the Auto Parts subindustry, Topre'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.


Topre Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Topre's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


TSE:5975
84GF Score
Topre Corp TSE:5975
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Topre Net Current Asset Value Calculation

Topre's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(180268-142105-3821-0)/49.418
=694.93

Topre'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)
=(180268-142105-3821-0)/49.418
=694.93

* 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694.93 mean?
Topre (TSE:5975) has a Net Current Asset Value of 円694.93 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 Topre and its competitors. This is 8490% above median its historical median of 8.09. Over the past decade, Topre's Net Current Asset Value has ranged from 3.40 to 10.33. According to the industry distribution chart, Topre ranks #332 out of 702 companies in the Vehicles & Parts industry, placing it in the top 47.3%.
Is Topre's Net Current Asset Value too high?
Topre's current Net Current Asset Value of 円694.93 is 8490% above median its 10-year median of 8.09. Over the past 10 years, this metric has ranged from a low of 3.40 to a high of 10.33. Based on the distribution chart, Topre ranks #332 out of 702 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Topre has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Topre's Net Current Asset Value compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Topre ranks #332 out of 702 companies for Net Current Asset Value. This puts Topre in the upper half of its industry. The industry median Net Current Asset Value is 4.77. Historically, Topre's own Net Current Asset Value has ranged from 3.40 to 10.33 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 Vehicles & Parts company?
The median Net Current Asset Value among Vehicles & Parts companies is 4.77, based on 702 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 Topre and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 4.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topre's current Net Current Asset Value is 円694.93, which is 8490% above median its own 10-year median of 8.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topre stock overvalued right now?
Based on GuruFocus' analysis, Topre (TSE:5975) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,319.21, compared to a current price of 円3,245.00 — trading 39.9% above its estimated fair value. The current Net Current Asset Value is 円694.93, which is 8490% above median its 10-year median of 8.09. Topre's overall GF Score™ is 84/100 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 Topre (TSE:5975), the current Net Current Asset Value is 円694.93 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 Topre (TSE:5975) Overvalued in 2026?

Based on GuruFocus' analysis, Topre stock appears to be overvalued. The current stock price of 円3,245.00 is trading 39.9% above its estimated GF Value™ of 円2,319.21. GuruFocus considers Topre to be Significantly Overvalued.

Key valuation signals for TSE:5975:

  • Net Current Asset Value: 円694.93 (8490% above median its 10-year median of 8.09)
  • GF Value™: 円2,319.21 vs. price of 円3,245.00 (39.9% above fair value)
  • GF Score™: 84/100 with 5 warning signs

No single metric tells the full story. See the TSE:5975 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topre Business Description

Address Asahi Bldg, 12-2, Nihonbashi 3-chome, chuo-ku, Tokyo, JPN, 103-0027
Topre Corp supplies components and products to industries including automobiles, temperature controlled logistics, air conditioning systems and electronic equipment with the use of metal press forming technology and die design technology. Its products include pressed auto parts, constant temperature logistics products and air conditioning equipment and electronic equipment. The company operates in USA, China, Mexico, and Thailand.
84GF Score

Get the complete analysis for TSE:5975

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

円3,245.00
Price
円2,319.21
GF Value