Shikino High Tech Co (TSE:6614) Net Current Asset Value: 円110.97 (As of Mar. 2026) — 538% Above Median

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TSE:6614 Shikino High Tech Co Ltd TSE:6614
61 GF Score
Price 円887.00
GF Value 円1,223.07
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Shikino High Tech Co Net Current Asset Value?

Shikino High Tech Co TSE:6614 -1.99% 61 Net Current Asset Value is 円110.97 as of Mar. 2026, which is 100% below its 10-year median of 17.38. GuruFocus rates TSE:6614 with a GF Score™ of 61/100 and a GF Value™ of 円1,223.07 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 719 Semiconductors companies, Shikino High Tech Co ranks worse than 50.35% 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).

Shikino High Tech Co's net current asset value per share for the quarter that ended in Mar. 2026 was 円110.97.

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

TSE:6614' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.96   Med: 17.38   Max: 46.23
Current: 7.99

During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Shikino High Tech Co was 46.23. The lowest was 6.96. And the median was 17.38.

TSE:6614's Price-to-Net-Current-Asset-Value is ranked worse than
50.35% of 719 companies
in the Semiconductors industry
Industry Median: 8.12 vs TSE:6614: 7.99

Shikino High Tech Co  (TSE:6614) 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.


Shikino High Tech Co Net Current Asset Value Related Terms


Shikino High Tech Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Shikino High Tech 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.

Shikino High Tech Co Net Current Asset Value Chart

Shikino High Tech Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial 44.15 118.05 142.73 136.86 110.97

Shikino High Tech Co Semi-Annual Data
Mar19 Mar20 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 142.73 130.58 136.86 114.16 110.97

TSE:6614 vs NVDA, AVGO, MU: Net Current Asset Value Comparison

For the Semiconductors subindustry, Shikino High Tech 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.


Shikino High Tech Co Price-to-Net-Current-Asset-Value vs Semiconductors Industry

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

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


TSE:6614
61GF Score
Shikino High Tech Co Ltd TSE:6614
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shikino High Tech Co Net Current Asset Value Calculation

Shikino High Tech 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)
=(3961.084-3473.811-0-0)/4.391
=110.97

Shikino High Tech 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)
=(3961.084-3473.811-0-0)/4.391
=110.97

* 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110.97 mean?
Shikino High Tech Co (TSE:6614) has a Net Current Asset Value of 円110.97 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 Shikino High Tech Co and its competitors. This is 538% above median its historical median of 17.38. Over the past decade, Shikino High Tech Co's Net Current Asset Value has ranged from 6.96 to 46.23. According to the industry distribution chart, Shikino High Tech Co ranks #362 out of 719 companies in the Semiconductors industry, placing it in the top 50.3%.
Is Shikino High Tech Co's Net Current Asset Value too high?
Shikino High Tech Co's current Net Current Asset Value of 円110.97 is 538% above median its 10-year median of 17.38. Over the past 10 years, this metric has ranged from a low of 6.96 to a high of 46.23. Based on the distribution chart, Shikino High Tech Co ranks #362 out of 719 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Shikino High Tech Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shikino High Tech Co's Net Current Asset Value compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Shikino High Tech Co ranks #362 out of 719 companies for Net Current Asset Value. This places Shikino High Tech Co in the lower half of its industry. The industry median Net Current Asset Value is 8.12. Historically, Shikino High Tech Co's own Net Current Asset Value has ranged from 6.96 to 46.23 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 8.12, based on 719 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 Shikino High Tech Co and its competitors. For the Semiconductors industry, the median Net Current Asset Value is 8.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shikino High Tech Co's current Net Current Asset Value is 円110.97, which is 538% above median its own 10-year median of 17.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shikino High Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Shikino High Tech Co (TSE:6614) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,223.07, compared to a current price of 円887.00 — trading 27.5% below its estimated fair value. The current Net Current Asset Value is 円110.97, which is 538% above median its 10-year median of 17.38. Shikino High Tech Co's overall GF Score™ is 61/100 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 Shikino High Tech Co (TSE:6614), the current Net Current Asset Value is 円110.97 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 Shikino High Tech Co (TSE:6614) Overvalued in 2026?

Based on GuruFocus' analysis, Shikino High Tech Co stock appears to be undervalued. The current stock price of 円887.00 is trading 27.5% below its estimated GF Value™ of 円1,223.07. GuruFocus considers Shikino High Tech Co to be Modestly Undervalued.

Key valuation signals for TSE:6614:

  • Net Current Asset Value: 円110.97 (538% above median its 10-year median of 17.38)
  • GF Value™: 円1,223.07 vs. price of 円887.00 (27.5% below fair value)
  • GF Score™: 61/100 with 7 warning signs

No single metric tells the full story. See the TSE:6614 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shikino High Tech Co Business Description

Address 829 Kichijima, Toyama Prefecture, Uozu-shi, JPN, 937-0041
Shikino High Tech Co Ltd is engaged in the electronics system business, microelectronics business and product development business which include the camera business.
61GF Score

Get the complete analysis for TSE:6614

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

円887.00
Price
円1,223.07
GF Value