Origin Co (TSE:6513) Net Current Asset Value: 円168.43 (As of Mar. 2026) — 8037% Above Median

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TSE:6513 Origin Co Ltd TSE:6513
61 GF Score
Price 円1,071.00
GF Value 円1,165.26
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Origin Co Net Current Asset Value?

Origin Co TSE:6513 -1.29% 61 Net Current Asset Value is 円168.43 as of Mar. 2026, which is 100% below its 10-year median of 2.07. GuruFocus rates TSE:6513 with a GF Score™ of 61/100 and a GF Value™ of 円1,165.26 (Fairly Valued). The stock has 6 warning signs investors should review. Among 718 Semiconductors companies, Origin Co ranks better than 58.08% 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).

Origin Co's net current asset value per share for the quarter that ended in Mar. 2026 was 円168.43.

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

TSE:6513' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.97   Med: 2.07   Max: 6.51
Current: 6.36

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Origin Co was 6.51. The lowest was 0.97. And the median was 2.07.

TSE:6513's Price-to-Net-Current-Asset-Value is ranked better than
58.08% of 718 companies
in the Semiconductors industry
Industry Median: 8.15 vs TSE:6513: 6.36

Origin Co  (TSE:6513) 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.


Origin Co Net Current Asset Value Related Terms


Origin Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Origin 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.

Origin Co Net Current Asset Value Chart

Origin Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,256.23 1,299.48 939.80 774.15 168.43

Origin Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 939.80 874.86 774.15 441.89 168.43

TSE:6513 vs AMAT, LRCX, KLAC: Net Current Asset Value Comparison

For the Semiconductor Equipment & Materials subindustry, Origin 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.


Origin Co Price-to-Net-Current-Asset-Value vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Origin Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


TSE:6513
61GF Score
Origin Co Ltd TSE:6513
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Origin Co Net Current Asset Value Calculation

Origin 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)
=(23215.714-19841.237-2489.201-0)/5.256
=168.43

Origin 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)
=(23215.714-19841.237-2489.201-0)/5.256
=168.43

* 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168.43 mean?
Origin Co (TSE:6513) has a Net Current Asset Value of 円168.43 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 Origin Co and its competitors. This is 8037% above median its historical median of 2.07. Over the past decade, Origin Co's Net Current Asset Value has ranged from 0.97 to 6.51. According to the industry distribution chart, Origin Co ranks #301 out of 718 companies in the Semiconductors industry, placing it in the top 41.9%.
Is Origin Co's Net Current Asset Value too high?
Origin Co's current Net Current Asset Value of 円168.43 is 8037% above median its 10-year median of 2.07. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 6.51. Based on the distribution chart, Origin Co ranks #301 out of 718 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Origin Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Origin Co's Net Current Asset Value compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Origin Co ranks #301 out of 718 companies for Net Current Asset Value. This puts Origin Co in the upper half of its industry. The industry median Net Current Asset Value is 8.15. Historically, Origin Co's own Net Current Asset Value has ranged from 0.97 to 6.51 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 Semiconductors company?
The median Net Current Asset Value among Semiconductors companies is 8.15, based on 718 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 Origin Co and its competitors. For the Semiconductors industry, the median Net Current Asset Value is 8.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Origin Co's current Net Current Asset Value is 円168.43, which is 8037% above median its own 10-year median of 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Origin Co stock overvalued right now?
Based on GuruFocus' analysis, Origin Co (TSE:6513) is currently considered Fairly Valued. The stock's GF Value™ is 円1,165.26, compared to a current price of 円1,071.00 — trading 8.1% below its estimated fair value. The current Net Current Asset Value is 円168.43, which is 8037% above median its 10-year median of 2.07. Origin Co's overall GF Score™ is 61/100 with 6 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 Origin Co (TSE:6513), the current Net Current Asset Value is 円168.43 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 Origin Co (TSE:6513) Overvalued in 2026?

Based on GuruFocus' analysis, Origin Co stock appears to be undervalued. The current stock price of 円1,071.00 is trading 8.1% below its estimated GF Value™ of 円1,165.26. GuruFocus considers Origin Co to be Fairly Valued.

Key valuation signals for TSE:6513:

  • Net Current Asset Value: 円168.43 (8037% above median its 10-year median of 2.07)
  • GF Value™: 円1,165.26 vs. price of 円1,071.00 (8.1% below fair value)
  • GF Score™: 61/100 with 6 warning signs

No single metric tells the full story. See the TSE:6513 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Origin Co Business Description

Address 3-3-27 Sakawa, Sakura-ku, Saitama-ken, Saitama-shi, JPN, 338-0823
Origin Co Ltd is engaged in manufacturing and sales of power equipment, semiconductor devices, precision mechanical parts, system equipment and synthetic resin paints. Its business activities are divided into four divisions including Electronic, Chemitronics, Mechatronics and Components. The Electronics division promotes technological development of power supply equipment. Chemitronics division develops environmentally-friendly paints, water-based paints, benzene, solvent-based paints without toluene and xylene. The Mechatronics division develops cap sealer for semiconductor, vacuum soldering system, among others. Components division is engaged in the development of semiconductor power device technology and the development of original custom made precision mechanical parts.
61GF Score

Get the complete analysis for TSE:6513

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

円1,071.00
Price
円1,165.26
GF Value