Kimura Kohki Co (TSE:6231) Net Current Asset Value: 円128.10 (As of Mar. 2026) — 60% Above Median

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TSE:6231 Kimura Kohki Co Ltd TSE:6231
81 GF Score
Price 円12,680.00
GF Value 円7,591.12
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Kimura Kohki Co Net Current Asset Value?

Kimura Kohki Co TSE:6231 -1.93% 81 Net Current Asset Value is 円128.10 as of Mar. 2026, which is 100% below its 10-year median of 80.12. GuruFocus rates TSE:6231 with a GF Score™ of 81/100 and a GF Value™ of 円7,591.12 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,213 Industrial Products companies, Kimura Kohki Co ranks worse than 97.74% 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).

Kimura Kohki Co's net current asset value per share for the quarter that ended in Mar. 2026 was 円128.10.

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

TSE:6231' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 10.53   Med: 80.12   Max: 110.62
Current: 98.99

During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Kimura Kohki Co was 110.62. The lowest was 10.53. And the median was 80.12.

TSE:6231's Price-to-Net-Current-Asset-Value is ranked worse than
97.74% of 2213 companies
in the Industrial Products industry
Industry Median: 5.04 vs TSE:6231: 98.99

Kimura Kohki Co  (TSE:6231) 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.


Kimura Kohki Co Net Current Asset Value Related Terms


Kimura Kohki Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Kimura Kohki 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.

Kimura Kohki Co Net Current Asset Value Chart

Kimura Kohki Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only -74.01 -330.07 -152.50 74.05 128.10

Kimura Kohki Co Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 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 -152.50 -44.17 74.05 154.27 128.10

TSE:6231 vs VRT, BE: Net Current Asset Value Comparison

For the Electrical Equipment & Parts subindustry, Kimura Kohki 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.


Kimura Kohki Co Price-to-Net-Current-Asset-Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kimura Kohki Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


TSE:6231
81GF Score
Kimura Kohki Co Ltd TSE:6231
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kimura Kohki Co Net Current Asset Value Calculation

Kimura Kohki Co'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)
=(10970.469-10518.795-0-0)/3.526
=128.10

Kimura Kohki Co'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)
=(10970.469-10518.795-0-0)/3.526
=128.10

* 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128.10 mean?
Kimura Kohki Co (TSE:6231) has a Net Current Asset Value of 円128.10 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 Kimura Kohki Co and its competitors. This is 60% above median its historical median of 80.12. Over the past decade, Kimura Kohki Co's Net Current Asset Value has ranged from 10.53 to 110.62. According to the industry distribution chart, Kimura Kohki Co ranks #2163 out of 2213 companies in the Industrial Products industry, placing it in the top 97.7%.
Is Kimura Kohki Co's Net Current Asset Value too high?
Kimura Kohki Co's current Net Current Asset Value of 円128.10 is 60% above median its 10-year median of 80.12. Over the past 10 years, this metric has ranged from a low of 10.53 to a high of 110.62. Based on the distribution chart, Kimura Kohki Co ranks #2163 out of 2213 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Kimura Kohki Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kimura Kohki Co's Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, Kimura Kohki Co ranks #2163 out of 2213 companies for Net Current Asset Value. This places Kimura Kohki Co in the lower half of its industry. The industry median Net Current Asset Value is 5.04. Historically, Kimura Kohki Co's own Net Current Asset Value has ranged from 10.53 to 110.62 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 5.04, based on 2,213 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 Kimura Kohki Co and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kimura Kohki Co's current Net Current Asset Value is 円128.10, which is 60% above median its own 10-year median of 80.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kimura Kohki Co stock overvalued right now?
Based on GuruFocus' analysis, Kimura Kohki Co (TSE:6231) is currently considered Significantly Overvalued. The stock's GF Value™ is 円7,591.12, compared to a current price of 円12,680.00 — trading 67% above its estimated fair value. The current Net Current Asset Value is 円128.10, which is 60% above median its 10-year median of 80.12. Kimura Kohki Co's overall GF Score™ is 81/100 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 Kimura Kohki Co (TSE:6231), the current Net Current Asset Value is 円128.10 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 Kimura Kohki Co (TSE:6231) Overvalued in 2026?

Based on GuruFocus' analysis, Kimura Kohki Co stock appears to be overvalued. The current stock price of 円12,680.00 is trading 67% above its estimated GF Value™ of 円7,591.12. GuruFocus considers Kimura Kohki Co to be Significantly Overvalued.

Key valuation signals for TSE:6231:

  • Net Current Asset Value: 円128.10 (60% above median its 10-year median of 80.12)
  • GF Value™: 円7,591.12 vs. price of 円12,680.00 (67% above fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the TSE:6231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kimura Kohki Co Business Description

Address A-23, Uemachi, Chuo-ku, Osaka-shi, Osaka, JPN, 540-0005
Kimura Kohki Co Ltd is engaged in development, manufacturing and marketing of air-conditioning systems.
81GF Score

Get the complete analysis for TSE:6231

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

円12,680.00
Price
円7,591.12
GF Value