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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).
Orchestra Holdings's net current asset value per share for the quarter that ended in Dec. 2025 was 円-225.46.
The historical rank and industry rank for Orchestra Holdings's Net Current Asset Value or its related term are showing as below:
During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Orchestra Holdings was 176.58. The lowest was 11.53. And the median was 21.52.
TSE:6533's Price-to-Net-Current-Asset-Value is not ranked *
in the Media - Diversified industry.
Industry Median: 2.85 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Orchestra Holdings (TSE:6533) 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.
Orchestra Holdings Net Current Asset Value Related Terms
Orchestra Holdings Net Current Asset Value Historical Data
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The historical data trend for Orchestra Holdings'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:6533 vs APP, OMC, TTD: Net Current Asset Value Comparison
For the Advertising Agencies subindustry, Orchestra Holdings'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.
Orchestra Holdings Price-to-Net-Current-Asset-Value vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Orchestra Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Orchestra Holdings'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-225.46 mean?
Orchestra Holdings (TSE:6533) has a Net Current Asset Value of 円-225.46 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Orchestra Holdings and its competitors. Over the past decade, Orchestra Holdings' Net Current Asset Value has ranged from 11.53 to 176.58. According to the industry distribution chart, Orchestra Holdings ranks #999999 out of 535 companies in the Media - Diversified industry.
Is Orchestra Holdings' Net Current Asset Value too high?
Orchestra Holdings' current Net Current Asset Value is 円-225.46. Over the past 10 years, this metric has ranged from a low of 11.53 to a high of 176.58. Based on the distribution chart, Orchestra Holdings ranks #999999 out of 535 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Orchestra Holdings has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Orchestra Holdings' Net Current Asset Value compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Orchestra Holdings ranks #999999 out of 535 companies for Net Current Asset Value. This places Orchestra Holdings in the lower half of its industry. The industry median Net Current Asset Value is 2.85. Historically, Orchestra Holdings' own Net Current Asset Value has ranged from 11.53 to 176.58 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 2.85, based on 535 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 Orchestra Holdings and its competitors. For the Media - Diversified industry, the median Net Current Asset Value is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orchestra Holdings's current Net Current Asset Value is 円-225.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orchestra Holdings stock overvalued right now?
Based on GuruFocus' analysis, Orchestra Holdings (TSE:6533) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,969.13, compared to a current price of 円1,166.00 — trading 40.8% below its estimated fair value. The current Net Current Asset Value is 円-225.46. Orchestra Holdings' overall GF Score™ is 54/100 with 5 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 Orchestra Holdings (TSE:6533), the current Net Current Asset Value is 円-225.46 as of Dec. 2025. 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 Orchestra Holdings (TSE:6533) Overvalued in 2026?
Based on GuruFocus' analysis, Orchestra Holdings stock appears to be undervalued.
The current stock price of 円1,166.00 is trading 40.8% below its estimated GF Value™ of 円1,969.13.
GuruFocus considers Orchestra Holdings to be Possible Value Trap.
Key valuation signals for TSE:6533:
Net Current Asset Value: 円-225.46
GF Value™: 円1,969.13 vs. price of 円1,166.00 (40.8% below fair value)
No single metric tells the full story. See the TSE:6533 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Orchestra Holdings Inc is engaged in digital marketing and life technology business. It provides SEM consulting, site production, banner production, Facebook page production, Facebook ads, listing advertisements services among others. It offers the total solution for digital marketing measures including operational type advertisement, SEO consulting, creative service.
54GF Score
Get the complete analysis for TSE:6533
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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