Cravia (TSE:6573) Net Current Asset Value: 円3.23 (As of Dec. 2025) — 85% Below Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6573 Cravia Inc TSE:6573
52 GF Score
Price 円27.00
GF Value 円98.16
Valuation Possible Value Trap
! 7 Warning Signs
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What is Cravia Net Current Asset Value?

Cravia TSE:6573 -3.57% 52 Net Current Asset Value is 円3.23 as of Dec. 2025, which is 100% below its 10-year median of 21.36. GuruFocus rates TSE:6573 with a GF Score™ of 52/100 and a GF Value™ of 円98.16 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 539 Media - Diversified companies, Cravia ranks worse than 72.73% 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).

Cravia's net current asset value per share for the quarter that ended in Dec. 2025 was 円3.23.

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

TSE:6573' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.88   Med: 21.36   Max: 154.76
Current: 5.82

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Cravia was 154.76. The lowest was 4.88. And the median was 21.36.

TSE:6573's Price-to-Net-Current-Asset-Value is ranked worse than
72.73% of 539 companies
in the Media - Diversified industry
Industry Median: 2.97 vs TSE:6573: 5.82

Cravia  (TSE:6573) 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.


Cravia Net Current Asset Value Related Terms


Cravia Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Cravia'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.

Cravia Net Current Asset Value Chart

Cravia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -47.77 3.65 3.20 9.40 3.23

Cravia Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 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 11.78 9.41 5.52 3.23 4.64

TSE:6573 vs APP, OMC, TTD: Net Current Asset Value Comparison

For the Advertising Agencies subindustry, Cravia'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.


Cravia Price-to-Net-Current-Asset-Value vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Cravia's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


TSE:6573
52GF Score
Cravia Inc TSE:6573
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cravia Net Current Asset Value Calculation

Cravia's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(344.92-234.722-1.534-0)/33.685
=3.23

Cravia's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(344.92-234.722-1.534-0)/33.685
=3.23

* 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3.23 mean?
Cravia (TSE:6573) has a Net Current Asset Value of 円3.23 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 Cravia and its competitors. This is 85% below median its historical median of 21.36. Over the past decade, Cravia's Net Current Asset Value has ranged from 4.88 to 154.76. According to the industry distribution chart, Cravia ranks #392 out of 539 companies in the Media - Diversified industry, placing it in the top 72.7%.
Is Cravia's Net Current Asset Value too high?
Cravia's current Net Current Asset Value of 円3.23 is 85% below median its 10-year median of 21.36. Over the past 10 years, this metric has ranged from a low of 4.88 to a high of 154.76. Based on the distribution chart, Cravia ranks #392 out of 539 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Cravia 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 Cravia's Net Current Asset Value compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Cravia ranks #392 out of 539 companies for Net Current Asset Value. This places Cravia in the lower half of its industry. The industry median Net Current Asset Value is 2.97. Historically, Cravia's own Net Current Asset Value has ranged from 4.88 to 154.76 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 2.97, based on 539 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 Cravia and its competitors. For the Media - Diversified industry, the median Net Current Asset Value is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cravia's current Net Current Asset Value is 円3.23, which is 85% below median its own 10-year median of 21.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cravia stock overvalued right now?
Based on GuruFocus' analysis, Cravia (TSE:6573) is currently considered Possible Value Trap. The stock's GF Value™ is 円98.16, compared to a current price of 円27.00 — trading 72.5% below its estimated fair value. The current Net Current Asset Value is 円3.23, which is 85% below median its 10-year median of 21.36. Cravia's overall GF Score™ is 52/100 with 7 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 Cravia (TSE:6573), the current Net Current Asset Value is 円3.23 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 Cravia (TSE:6573) Overvalued in 2026?

Based on GuruFocus' analysis, Cravia stock appears to be undervalued. The current stock price of 円27.00 is trading 72.5% below its estimated GF Value™ of 円98.16. GuruFocus considers Cravia to be Possible Value Trap.

Key valuation signals for TSE:6573:

  • Net Current Asset Value: 円3.23 (85% below median its 10-year median of 21.36)
  • GF Value™: 円98.16 vs. price of 円27.00 (72.5% below fair value)
  • GF Score™: 52/100 with 7 warning signs

No single metric tells the full story. See the TSE:6573 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cravia Business Description

Address 3-8-21 Toranomon 33 Mori Building, 4 Floor, 33 Mori Building, Minato-ku, Tokyo, JPN, 105-0001
Cravia Inc, formerly Agile Media Network Inc is a Japan-based company that engages in the provision of marketing services. It is involved in the advertisement distribution agency and information service businesses using the Internet; and Internet-related system development, Internet-related seminars and event, and publishing businesses.
52GF Score

Get the complete analysis for TSE:6573

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

円27.00
Price
円98.16
GF Value