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BayCurrentTSE:6532 -1.48%96 Net Current Asset Value is 円448.50 as of May. 2026, which is 100% below its 10-year median of 24.90. GuruFocus rates TSE:6532 with a GF Score™ of 96/100 and a GF Value™ of 円8,551.95 (Modestly Undervalued). Among 626 Business Services companies, BayCurrent ranks worse than 86.42% 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).
BayCurrent's net current asset value per share for the quarter that ended in May. 2026 was 円448.50.
The historical rank and industry rank for BayCurrent's Net Current Asset Value or its related term are showing as below:
TSE:6532'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 9.26 Med: 24.9 Max: 151
Current: 14.4
During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of BayCurrent was 151.00. The lowest was 9.26. And the median was 24.90.
TSE:6532's Price-to-Net-Current-Asset-Value is ranked worse than 86.42% of 626
companies
in the Business Services industry
Industry Median: 3.68
vs TSE:6532: 14.40
BayCurrent (TSE:6532) 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.
BayCurrent Net Current Asset Value Related Terms
BayCurrent Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for BayCurrent'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:6532 vs VRSK, EFX, BAH: Net Current Asset Value Comparison
For the Consulting Services subindustry, BayCurrent'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.
BayCurrent Price-to-Net-Current-Asset-Value vs Business Services Industry
For the Business Services industry and Industrials sector, BayCurrent's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where BayCurrent'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448.50 mean?
BayCurrent (TSE:6532) has a Net Current Asset Value of 円448.50 as of May. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on BayCurrent and its competitors. This is 1701% above median its historical median of 24.90. Over the past decade, BayCurrent's Net Current Asset Value has ranged from 9.26 to 151.00. According to the industry distribution chart, BayCurrent ranks #541 out of 626 companies in the Business Services industry, placing it in the top 86.4%.
Is BayCurrent's Net Current Asset Value too high?
BayCurrent's current Net Current Asset Value of 円448.50 is 1701% above median its 10-year median of 24.90. Over the past 10 years, this metric has ranged from a low of 9.26 to a high of 151.00. Based on the distribution chart, BayCurrent ranks #541 out of 626 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, BayCurrent has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BayCurrent's Net Current Asset Value compare to VRSK and EFX?
According to the Business Services industry distribution chart, BayCurrent ranks #541 out of 626 companies for Net Current Asset Value. This places BayCurrent in the lower half of its industry. The industry median Net Current Asset Value is 3.68. Historically, BayCurrent's own Net Current Asset Value has ranged from 9.26 to 151.00 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 Business Services company?
The median Net Current Asset Value among Business Services companies is 3.68, based on 626 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 BayCurrent and its competitors. For the Business Services industry, the median Net Current Asset Value is 3.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BayCurrent's current Net Current Asset Value is 円448.50, which is 1701% above median its own 10-year median of 24.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BayCurrent stock overvalued right now?
Based on GuruFocus' analysis, BayCurrent (TSE:6532) is currently considered Modestly Undervalued. The stock's GF Value™ is 円8,551.95, compared to a current price of 円6,457.00 — trading 24.5% below its estimated fair value. The current Net Current Asset Value is 円448.50, which is 1701% above median its 10-year median of 24.90. BayCurrent's overall GF Score™ is 96/100. 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 BayCurrent (TSE:6532), the current Net Current Asset Value is 円448.50 as of May. 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 BayCurrent (TSE:6532) Overvalued in 2026?
Based on GuruFocus' analysis, BayCurrent stock appears to be undervalued.
The current stock price of 円6,457.00 is trading 24.5% below its estimated GF Value™ of 円8,551.95.
GuruFocus considers BayCurrent to be Modestly Undervalued.
Key valuation signals for TSE:6532:
Net Current Asset Value: 円448.50 (1701% above median its 10-year median of 24.90)
GF Value™: 円8,551.95 vs. price of 円6,457.00 (24.5% below fair value)
No single metric tells the full story. See the TSE:6532 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BayCurrent Consulting is a Japanese IT consulting firm specializing in digital transformation implementation. The company deployed 5,590 consultants at the end of fiscal 2026 to execute IT modernization, data analytics, and artificial intelligence projects for enterprise clients. Unlike traditional strategy firms, BayCurrent focuses on project execution, with consultants embedded in client organizations to deliver outcomes. The firm serves a variety of industries, with financial services and manufacturing each accounting for 20% to 25% of revenue. Its one-pool staffing model enables flexible consultant allocation across industries and helps the company maintain a high utilization rate, thereby achieving a higher profitability than peers.
96GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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