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Rentracks CoTSE:6045 -3.79%63 Net Current Asset Value is 円452.09 as of Mar. 2026. GuruFocus rates TSE:6045 with a GF Score™ of 63/100 and a GF Value™ of 円973.28 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 541 Media - Diversified companies, Rentracks Co ranks worse than 58.23% 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).
Rentracks Co's net current asset value per share for the quarter that ended in Mar. 2026 was 円452.09.
The historical rank and industry rank for Rentracks Co's Net Current Asset Value or its related term are showing as below:
TSE:6045'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.21 Med: 2.93 Max: 5.57
Current: 3.81
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Rentracks Co was 5.57. The lowest was 1.21. And the median was 2.93.
TSE:6045's Price-to-Net-Current-Asset-Value is ranked worse than 58.23% of 541
companies
in the Media - Diversified industry
Industry Median: 2.86
vs TSE:6045: 3.81
Rentracks Co (TSE:6045) 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.
Rentracks Co Net Current Asset Value Related Terms
Rentracks Co Net Current Asset Value Historical Data
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The historical data trend for Rentracks 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.
TSE:6045 vs APP, OMC, TTD: Net Current Asset Value Comparison
For the Advertising Agencies subindustry, Rentracks 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.
Rentracks Co Price-to-Net-Current-Asset-Value vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Rentracks Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Rentracks 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452.09 mean?
Rentracks Co (TSE:6045) has a Net Current Asset Value of 円452.09 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 Rentracks Co and its competitors. According to the industry distribution chart, Rentracks Co ranks #315 out of 541 companies in the Media - Diversified industry, placing it in the top 58.2%.
Is Rentracks Co's Net Current Asset Value too high?
Rentracks Co's current Net Current Asset Value is 円452.09. Based on the distribution chart, Rentracks Co ranks #315 out of 541 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Rentracks Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rentracks Co's Net Current Asset Value compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Rentracks Co ranks #315 out of 541 companies for Net Current Asset Value. This places Rentracks Co in the lower half of its industry. The industry median Net Current Asset Value is 2.86. 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 Media - Diversified company?
The median Net Current Asset Value among Media - Diversified companies is 2.86, based on 541 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 Rentracks Co and its competitors. For the Media - Diversified industry, the median Net Current Asset Value is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rentracks Co's current Net Current Asset Value is 円452.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rentracks Co stock overvalued right now?
Based on GuruFocus' analysis, Rentracks Co (TSE:6045) is currently considered Significantly Overvalued. The stock's GF Value™ is 円973.28, compared to a current price of 円2,032.00 — trading 108.8% above its estimated fair value. The current Net Current Asset Value is 円452.09. Rentracks Co's overall GF Score™ is 63/100 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 Rentracks Co (TSE:6045), the current Net Current Asset Value is 円452.09 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 Rentracks Co (TSE:6045) Overvalued in 2026?
Based on GuruFocus' analysis, Rentracks Co stock appears to be overvalued.
The current stock price of 円2,032.00 is trading 108.8% above its estimated GF Value™ of 円973.28.
GuruFocus considers Rentracks Co to be Significantly Overvalued.
Key valuation signals for TSE:6045:
Net Current Asset Value: 円452.09
GF Value™: 円973.28 vs. price of 円2,032.00 (108.8% above fair value)
No single metric tells the full story. See the TSE:6045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rentracks Co Ltd provides internet and advertising services. The group has three reportable segments: Performance-Based Advertising Service Business, Search-Linked Advertising Agency Business, and Used Construction Machinery Marketplace-Related Business. The Performance-Based Advertising segment manages success fees between advertisers and media, the Search-Linked Advertising segment acts as an agent for search-linked advertising, and the Used Construction Machinery segment operates a platform for buying and selling used construction machinery. It generates the majority of its revenue from the Performance-Based Advertising Service Business.
63GF Score
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