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Nakamura Choukou CoTSE:6166 -7.76%46 Net Current Asset Value is 円74.31 as of Mar. 2026, which is 100% below its 10-year median of 10.43. GuruFocus rates TSE:6166 with a GF Score™ of 46/100 and a GF Value™ of 円371.32 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,215 Industrial Products companies, Nakamura Choukou Co ranks worse than 68.62% 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).
Nakamura Choukou Co's net current asset value per share for the quarter that ended in Mar. 2026 was 円74.31.
The historical rank and industry rank for Nakamura Choukou Co's Net Current Asset Value or its related term are showing as below:
TSE:6166'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 9.43 Med: 10.43 Max: 10.43
Current: 9.43
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Nakamura Choukou Co was 10.43. The lowest was 9.43. And the median was 10.43.
TSE:6166's Price-to-Net-Current-Asset-Value is ranked worse than 68.62% of 2215
companies
in the Industrial Products industry
Industry Median: 5.19
vs TSE:6166: 9.43
Nakamura Choukou Co (TSE:6166) 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.
Nakamura Choukou Co Net Current Asset Value Related Terms
Nakamura Choukou Co Net Current Asset Value Historical Data
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The historical data trend for Nakamura Choukou 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:6166 vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Nakamura Choukou 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.
Nakamura Choukou Co Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nakamura Choukou Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Nakamura Choukou 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74.31 mean?
Nakamura Choukou Co (TSE:6166) has a Net Current Asset Value of 円74.31 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 Nakamura Choukou Co and its competitors. This is 612% above median its historical median of 10.43. Over the past decade, Nakamura Choukou Co's Net Current Asset Value has ranged from 9.43 to 10.43. According to the industry distribution chart, Nakamura Choukou Co ranks #1520 out of 2215 companies in the Industrial Products industry, placing it in the top 68.6%.
Is Nakamura Choukou Co's Net Current Asset Value too high?
Nakamura Choukou Co's current Net Current Asset Value of 円74.31 is 612% above median its 10-year median of 10.43. Over the past 10 years, this metric has ranged from a low of 9.43 to a high of 10.43. Based on the distribution chart, Nakamura Choukou Co ranks #1520 out of 2215 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nakamura Choukou Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nakamura Choukou Co's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nakamura Choukou Co ranks #1520 out of 2215 companies for Net Current Asset Value. This places Nakamura Choukou Co in the lower half of its industry. The industry median Net Current Asset Value is 5.19. Historically, Nakamura Choukou Co's own Net Current Asset Value has ranged from 9.43 to 10.43 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 Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.19, based on 2,215 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 Nakamura Choukou Co and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nakamura Choukou Co's current Net Current Asset Value is 円74.31, which is 612% above median its own 10-year median of 10.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nakamura Choukou Co stock overvalued right now?
Based on GuruFocus' analysis, Nakamura Choukou Co (TSE:6166) is currently considered Significantly Overvalued. The stock's GF Value™ is 円371.32, compared to a current price of 円701.00 — trading 88.8% above its estimated fair value. The current Net Current Asset Value is 円74.31, which is 612% above median its 10-year median of 10.43. Nakamura Choukou Co's overall GF Score™ is 46/100 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 Nakamura Choukou Co (TSE:6166), the current Net Current Asset Value is 円74.31 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 Nakamura Choukou Co (TSE:6166) Overvalued in 2026?
Based on GuruFocus' analysis, Nakamura Choukou Co stock appears to be overvalued.
The current stock price of 円701.00 is trading 88.8% above its estimated GF Value™ of 円371.32.
GuruFocus considers Nakamura Choukou Co to be Significantly Overvalued.
Key valuation signals for TSE:6166:
Net Current Asset Value: 円74.31 (612% above median its 10-year median of 10.43)
GF Value™: 円371.32 vs. price of 円701.00 (88.8% above fair value)
No single metric tells the full story. See the TSE:6166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nakamura Choukou Co Ltd is engaged in the manufacturing of precision nozzles, diamond wire, and material products for industrial and scientific applications. Its operating segments include the Special Precision Equipment business, which produces nozzles and peripheral parts for electronic component mounters; the Chemical Fiber Spinning Nozzle business, which supplies spinning nozzles and equipment for chemical fiber and nonwoven fabric production; the D-Next business, which manufactures diamond wire for power semiconductors; and the Material Science business, which develops and sells nano-sized zeolite.
46GF 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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