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Toyo Denki Seizo KKTSE:6505 +3.93%68 Net Current Asset Value is 円551.85 as of Feb. 2026, which is 100% below its 10-year median of 5.60. GuruFocus rates TSE:6505 with a GF Score™ of 68/100 and a GF Value™ of 円1,421.69 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,213 Industrial Products companies, Toyo Denki Seizo KK ranks better than 56.08% 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).
Toyo Denki Seizo KK's net current asset value per share for the quarter that ended in Feb. 2026 was 円551.85.
The historical rank and industry rank for Toyo Denki Seizo KK's Net Current Asset Value or its related term are showing as below:
TSE:6505'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.86 Med: 5.6 Max: 90.75
Current: 4.46
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Toyo Denki Seizo KK was 90.75. The lowest was 2.86. And the median was 5.60.
TSE:6505's Price-to-Net-Current-Asset-Value is ranked better than 56.08% of 2213
companies
in the Industrial Products industry
Industry Median: 5.04
vs TSE:6505: 4.46
Toyo Denki Seizo KK (TSE:6505) 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.
Toyo Denki Seizo KK Net Current Asset Value Related Terms
Toyo Denki Seizo KK Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Toyo Denki Seizo KK'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:6505 vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Toyo Denki Seizo KK'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.
Toyo Denki Seizo KK Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Toyo Denki Seizo KK's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Toyo Denki Seizo KK'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551.85 mean?
Toyo Denki Seizo KK (TSE:6505) has a Net Current Asset Value of 円551.85 as of Feb. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Toyo Denki Seizo KK and its competitors. This is 9754% above median its historical median of 5.60. Over the past decade, Toyo Denki Seizo KK's Net Current Asset Value has ranged from 2.86 to 90.75. According to the industry distribution chart, Toyo Denki Seizo KK ranks #972 out of 2213 companies in the Industrial Products industry, placing it in the top 43.9%.
Is Toyo Denki Seizo KK's Net Current Asset Value too high?
Toyo Denki Seizo KK's current Net Current Asset Value of 円551.85 is 9754% above median its 10-year median of 5.60. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 90.75. Based on the distribution chart, Toyo Denki Seizo KK ranks #972 out of 2213 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Toyo Denki Seizo KK has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyo Denki Seizo KK's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Toyo Denki Seizo KK ranks #972 out of 2213 companies for Net Current Asset Value. This puts Toyo Denki Seizo KK in the upper half of its industry. The industry median Net Current Asset Value is 5.04. Historically, Toyo Denki Seizo KK's own Net Current Asset Value has ranged from 2.86 to 90.75 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 Toyo Denki Seizo KK 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. Toyo Denki Seizo KK's current Net Current Asset Value is 円551.85, which is 9754% above median its own 10-year median of 5.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Denki Seizo KK stock overvalued right now?
Based on GuruFocus' analysis, Toyo Denki Seizo KK (TSE:6505) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,421.69, compared to a current price of 円2,462.00 — trading 73.2% above its estimated fair value. The current Net Current Asset Value is 円551.85, which is 9754% above median its 10-year median of 5.60. Toyo Denki Seizo KK's overall GF Score™ is 68/100 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 Toyo Denki Seizo KK (TSE:6505), the current Net Current Asset Value is 円551.85 as of Feb. 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 Toyo Denki Seizo KK (TSE:6505) Overvalued in 2026?
Based on GuruFocus' analysis, Toyo Denki Seizo KK stock appears to be overvalued.
The current stock price of 円2,462.00 is trading 73.2% above its estimated GF Value™ of 円1,421.69.
GuruFocus considers Toyo Denki Seizo KK to be Significantly Overvalued.
Key valuation signals for TSE:6505:
Net Current Asset Value: 円551.85 (9754% above median its 10-year median of 5.60)
GF Value™: 円1,421.69 vs. price of 円2,462.00 (73.2% above fair value)
No single metric tells the full story. See the TSE:6505 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toyo Denki Seizo KK operates in transportation business, industrial business, ICT solution business, and development center. In the transportation business, it is engaged in electrical equipment for railway vehicles. In the industrial business, the company develops industrial electrical equipment such as motors and inverters for production equipment machines. In the ICT solution business, it develops and manufactures station equipment and remote monitoring systems. At the Development Center, the group is working to expand new businesses and products.
68GF Score
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