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TABIKOBO CoTSE:6548 52 Net Current Asset Value is 円28.96 as of Dec. 2025, which is 100% below its 10-year median of 9.07. GuruFocus rates TSE:6548 with a GF Score™ of 52/100 and a GF Value™ of 円190.12 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 309 Travel & Leisure companies, TABIKOBO Co ranks better than 52.1% 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).
TABIKOBO Co's net current asset value per share for the quarter that ended in Dec. 2025 was 円28.96.
The historical rank and industry rank for TABIKOBO Co's Net Current Asset Value or its related term are showing as below:
TSE:6548'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.67 Med: 9.07 Max: 20.15
Current: 3.96
During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of TABIKOBO Co was 20.15. The lowest was 1.67. And the median was 9.07.
TSE:6548's Price-to-Net-Current-Asset-Value is ranked better than 52.1% of 309
companies
in the Travel & Leisure industry
Industry Median: 4.2
vs TSE:6548: 3.96
TABIKOBO Co (TSE:6548) 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.
TABIKOBO Co Net Current Asset Value Related Terms
TABIKOBO Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for TABIKOBO 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.
TSE:6548 vs BKNG, ABNB, RCL: Net Current Asset Value Comparison
For the Travel Services subindustry, TABIKOBO 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.
TABIKOBO Co Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, TABIKOBO Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where TABIKOBO Co'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28.96 mean?
TABIKOBO Co (TSE:6548) has a Net Current Asset Value of 円28.96 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 TABIKOBO Co and its competitors. This is 219% above median its historical median of 9.07. Over the past decade, TABIKOBO Co's Net Current Asset Value has ranged from 1.67 to 20.15. According to the industry distribution chart, TABIKOBO Co ranks #148 out of 309 companies in the Travel & Leisure industry, placing it in the top 47.9%.
Is TABIKOBO Co's Net Current Asset Value too high?
TABIKOBO Co's current Net Current Asset Value of 円28.96 is 219% above median its 10-year median of 9.07. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 20.15. Based on the distribution chart, TABIKOBO Co ranks #148 out of 309 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, TABIKOBO Co has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TABIKOBO Co's Net Current Asset Value compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, TABIKOBO Co ranks #148 out of 309 companies for Net Current Asset Value. This puts TABIKOBO Co in the upper half of its industry. The industry median Net Current Asset Value is 4.20. Historically, TABIKOBO Co's own Net Current Asset Value has ranged from 1.67 to 20.15 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 Travel & Leisure company?
The median Net Current Asset Value among Travel & Leisure companies is 4.20, based on 309 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 TABIKOBO Co and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TABIKOBO Co's current Net Current Asset Value is 円28.96, which is 219% above median its own 10-year median of 9.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TABIKOBO Co stock overvalued right now?
Based on GuruFocus' analysis, TABIKOBO Co (TSE:6548) is currently considered Possible Value Trap. The stock's GF Value™ is 円190.12, compared to a current price of 円96.00 — trading 49.5% below its estimated fair value. The current Net Current Asset Value is 円28.96, which is 219% above median its 10-year median of 9.07. TABIKOBO Co's overall GF Score™ is 52/100 with 3 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 TABIKOBO Co (TSE:6548), the current Net Current Asset Value is 円28.96 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 TABIKOBO Co (TSE:6548) Overvalued in 2026?
Based on GuruFocus' analysis, TABIKOBO Co stock appears to be undervalued.
The current stock price of 円96.00 is trading 49.5% below its estimated GF Value™ of 円190.12.
GuruFocus considers TABIKOBO Co to be Possible Value Trap.
Key valuation signals for TSE:6548:
Net Current Asset Value: 円28.96 (219% above median its 10-year median of 9.07)
GF Value™: 円190.12 vs. price of 円96.00 (49.5% below fair value)
No single metric tells the full story. See the TSE:6548 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TABIKOBO Co Ltd operates online travel agency dealing with overseas and domestic package tours, airlines, hotels, activities and travel insurance for individual and business travellers.
52GF 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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