Hope (TSE:6195) Net Current Asset Value: 円43.39 (As of Mar. 2026) — 638% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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:6195 Hope Inc TSE:6195
51 GF Score
Price 円210.00
GF Value 円326.42
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Hope Net Current Asset Value?

Hope TSE:6195 51 Net Current Asset Value is 円43.39 as of Mar. 2026, which is 100% below its 10-year median of 5.88. GuruFocus rates TSE:6195 with a GF Score™ of 51/100 and a GF Value™ of 円326.42 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 536 Media - Diversified companies, Hope ranks worse than 67.54% 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).

Hope's net current asset value per share for the quarter that ended in Mar. 2026 was 円43.39.

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

TSE:6195' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.93   Med: 5.88   Max: 43.81
Current: 4.84

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Hope was 43.81. The lowest was 3.93. And the median was 5.88.

TSE:6195's Price-to-Net-Current-Asset-Value is ranked worse than
67.54% of 536 companies
in the Media - Diversified industry
Industry Median: 2.885 vs TSE:6195: 4.84

Hope  (TSE:6195) 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.


Hope Net Current Asset Value Related Terms


Hope Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Hope'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.

Hope Net Current Asset Value Chart

Hope Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -395.60 38.36 48.34 52.63 43.39

Hope Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 48.34 46.98 52.63 44.49 43.39

TSE:6195 vs APP, OMC, TTD: Net Current Asset Value Comparison

For the Advertising Agencies subindustry, Hope'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.


Hope Price-to-Net-Current-Asset-Value vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hope's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


TSE:6195
51GF Score
Hope Inc TSE:6195
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hope Net Current Asset Value Calculation

Hope'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)
=(2165.81-1576.197--6.675-0)/13.743
=43.39

Hope'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)
=(2165.81-1576.197--6.675-0)/13.743
=43.39

* 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43.39 mean?
Hope (TSE:6195) has a Net Current Asset Value of 円43.39 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 Hope and its competitors. This is 638% above median its historical median of 5.88. Over the past decade, Hope's Net Current Asset Value has ranged from 3.93 to 43.81. According to the industry distribution chart, Hope ranks #362 out of 536 companies in the Media - Diversified industry, placing it in the top 67.5%.
Is Hope's Net Current Asset Value too high?
Hope's current Net Current Asset Value of 円43.39 is 638% above median its 10-year median of 5.88. Over the past 10 years, this metric has ranged from a low of 3.93 to a high of 43.81. Based on the distribution chart, Hope ranks #362 out of 536 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Hope has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hope's Net Current Asset Value compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Hope ranks #362 out of 536 companies for Net Current Asset Value. This places Hope in the lower half of its industry. The industry median Net Current Asset Value is 2.89. Historically, Hope's own Net Current Asset Value has ranged from 3.93 to 43.81 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 Media - Diversified company?
The median Net Current Asset Value among Media - Diversified companies is 2.89, based on 536 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 Hope and its competitors. For the Media - Diversified industry, the median Net Current Asset Value is 2.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hope's current Net Current Asset Value is 円43.39, which is 638% above median its own 10-year median of 5.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hope stock overvalued right now?
Based on GuruFocus' analysis, Hope (TSE:6195) is currently considered Possible Value Trap. The stock's GF Value™ is 円326.42, compared to a current price of 円210.00 — trading 35.7% below its estimated fair value. The current Net Current Asset Value is 円43.39, which is 638% above median its 10-year median of 5.88. Hope's overall GF Score™ is 51/100 with 2 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 Hope (TSE:6195), the current Net Current Asset Value is 円43.39 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 Hope (TSE:6195) Overvalued in 2026?

Based on GuruFocus' analysis, Hope stock appears to be undervalued. The current stock price of 円210.00 is trading 35.7% below its estimated GF Value™ of 円326.42. GuruFocus considers Hope to be Possible Value Trap.

Key valuation signals for TSE:6195:

  • Net Current Asset Value: 円43.39 (638% above median its 10-year median of 5.88)
  • GF Value™: 円326.42 vs. price of 円210.00 (35.7% below fair value)
  • GF Score™: 51/100 with 2 warning signs

No single metric tells the full story. See the TSE:6195 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hope Business Description

Address 1-14-5 Yakuin, 7th Floor, MG Yakuin Building, Fukuoka, JPN, 810-0022
Hope Inc provides services specialized for local governments to secure financial resources and reduce expenses. The company, along with its subsidiaries, operates in the following reportable segments; Advertising Business, Jichitai Works Business, and Others. A majority of its revenue is generated from the Advertising business, which involves purchasing advertising space on various media such as websites, newsletters, tax notices, etc., owned by local governments through bidding and selling it to private companies (smart resource services), collaborating with local governments to publish information booklets for residents (smart creation services), and offering financial resources consulting to local governments.
51GF Score

Get the complete analysis for TSE:6195

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

円210.00
Price
円326.42
GF Value