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C. E. Management Integrated Laboratory CoTSE:6171 67 Net Current Asset Value is 円150.21 as of Dec. 2025, which is 100% below its 10-year median of 3.84. GuruFocus rates TSE:6171 with a GF Score™ of 67/100 and a GF Value™ of 円358.19 (Fairly Valued). Among 1,060 Construction companies, C. E. Management Integrated Laboratory Co ranks better than 61.23% 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).
TSE:6171'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.3 Med: 3.84 Max: 8.16
Current: 2.38
During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of C. E. Management Integrated Laboratory Co was 8.16. The lowest was 2.30. And the median was 3.84.
TSE:6171's Price-to-Net-Current-Asset-Value is ranked better than 61.23% of 1060
companies
in the Construction industry
Industry Median: 3.245
vs TSE:6171: 2.38
C. E. Management Integrated Laboratory Co (TSE:6171) 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.
C. E. Management Integrated Laboratory Co Net Current Asset Value Related Terms
C. E. Management Integrated Laboratory Co Net Current Asset Value Historical Data
* 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.
C. E. Management Integrated Laboratory Co Net Current Asset Value Chart
C. E. Management Integrated Laboratory Co Annual Data
TSE:6171 vs PWR, FIX, EME: Net Current Asset Value Comparison
For the Engineering & Construction subindustry, C. E. Management Integrated Laboratory 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.
C. E. Management Integrated Laboratory Co Price-to-Net-Current-Asset-Value vs Construction Industry
For the Construction industry and Industrials sector, C. E. Management Integrated Laboratory Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where C. E. Management Integrated Laboratory 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150.21 mean?
C. E. Management Integrated Laboratory Co (TSE:6171) has a Net Current Asset Value of 円150.21 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on C. E. Management Integrated Laboratory Co and its competitors. This is 3812% above median its historical median of 3.84. Over the past decade, C. E. Management Integrated Laboratory Co's Net Current Asset Value has ranged from 2.30 to 8.16. According to the industry distribution chart, C. E. Management Integrated Laboratory Co ranks #411 out of 1060 companies in the Construction industry, placing it in the top 38.8%.
Is C. E. Management Integrated Laboratory Co's Net Current Asset Value too high?
C. E. Management Integrated Laboratory Co's current Net Current Asset Value of 円150.21 is 3812% above median its 10-year median of 3.84. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 8.16. Based on the distribution chart, C. E. Management Integrated Laboratory Co ranks #411 out of 1060 companies in the Construction industry, which is above the industry midpoint. Overall, C. E. Management Integrated Laboratory Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does C. E. Management Integrated Laboratory Co's Net Current Asset Value compare to PWR and FIX?
According to the Construction industry distribution chart, C. E. Management Integrated Laboratory Co ranks #411 out of 1060 companies for Net Current Asset Value. This puts C. E. Management Integrated Laboratory Co in the upper half of its industry. The industry median Net Current Asset Value is 3.25. Historically, C. E. Management Integrated Laboratory Co's own Net Current Asset Value has ranged from 2.30 to 8.16 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.25, based on 1,060 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 C. E. Management Integrated Laboratory Co and its competitors. For the Construction industry, the median Net Current Asset Value is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C. E. Management Integrated Laboratory Co's current Net Current Asset Value is 円150.21, which is 3812% above median its own 10-year median of 3.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C. E. Management Integrated Laboratory Co stock overvalued right now?
Based on GuruFocus' analysis, C. E. Management Integrated Laboratory Co (TSE:6171) is currently considered Fairly Valued. The stock's GF Value™ is 円358.19, compared to a current price of 円378.00 — trading 5.5% above its estimated fair value. The current Net Current Asset Value is 円150.21, which is 3812% above median its 10-year median of 3.84. C. E. Management Integrated Laboratory Co's overall GF Score™ is 67/100. 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 C. E. Management Integrated Laboratory Co (TSE:6171), the current Net Current Asset Value is 円150.21 as of Dec. 2025. 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 C. E. Management Integrated Laboratory Co (TSE:6171) Overvalued in 2026?
Based on GuruFocus' analysis, C. E. Management Integrated Laboratory Co stock appears to be overvalued.
The current stock price of 円378.00 is trading 5.5% above its estimated GF Value™ of 円358.19.
GuruFocus considers C. E. Management Integrated Laboratory Co to be Fairly Valued.
Key valuation signals for TSE:6171:
Net Current Asset Value: 円150.21 (3812% above median its 10-year median of 3.84)
GF Value™: 円358.19 vs. price of 円378.00 (5.5% above fair value)
No single metric tells the full story. See the TSE:6171 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
C. E. Management Integrated Laboratory Co Business Description
C. E. Management Integrated Laboratory Co Ltd is engaged in civil engineering and construction work. It also provides ground survey, geological survey, environmental research, disaster prevention system, and informatization construction. The company has three business segments. The Comprehensive Test Service segment is engaged in the provision of soil and geological survey tests, non-destructive survey tests, and environmental survey test services that are necessary for civil engineering construction works. The Ground Reinforcement Service segment is engaged in ground reinforcement work. The Software Development and Sales segment is engaged in the development and sale of software.
67GF Score
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