Inclusive Holdings (TSE:7078) Net Current Asset Value: 円71.77 (As of Mar. 2026) — 594% Above Median

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TSE:7078 Inclusive Holdings Inc TSE:7078
58 GF Score
Price 円342.00
GF Value 円473.98
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Inclusive Holdings Net Current Asset Value?

Inclusive Holdings TSE:7078 +0.59% 58 Net Current Asset Value is 円71.77 as of Mar. 2026, which is 100% below its 10-year median of 10.34. GuruFocus rates TSE:7078 with a GF Score™ of 58/100 and a GF Value™ of 円473.98 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 538 Media - Diversified companies, Inclusive Holdings ranks worse than 66.36% 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).

Inclusive Holdings's net current asset value per share for the quarter that ended in Mar. 2026 was 円71.77.

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

TSE:7078' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.71   Med: 10.34   Max: 22.35
Current: 4.77

During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Inclusive Holdings was 22.35. The lowest was 1.71. And the median was 10.34.

TSE:7078's Price-to-Net-Current-Asset-Value is ranked worse than
66.36% of 538 companies
in the Media - Diversified industry
Industry Median: 2.865 vs TSE:7078: 4.77

Inclusive Holdings  (TSE:7078) 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.


Inclusive Holdings Net Current Asset Value Related Terms


Inclusive Holdings Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Inclusive 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.

Inclusive Holdings Net Current Asset Value Chart

Inclusive Holdings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only 56.82 -42.82 36.86 75.76 71.77

Inclusive Holdings Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only 36.86 41.87 75.76 72.35 71.77

TSE:7078 vs APP, OMC, TTD: Net Current Asset Value Comparison

For the Advertising Agencies subindustry, Inclusive 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.


Inclusive Holdings Price-to-Net-Current-Asset-Value vs Media - Diversified Industry

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

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


TSE:7078
58GF Score
Inclusive Holdings Inc TSE:7078
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inclusive Holdings Net Current Asset Value Calculation

Inclusive Holdings'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)
=(2498.283-1557.585-219.186-0)/10.053
=71.77

Inclusive Holdings'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)
=(2498.283-1557.585-219.186-0)/10.053
=71.77

* 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71.77 mean?
Inclusive Holdings (TSE:7078) has a Net Current Asset Value of 円71.77 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 Inclusive Holdings and its competitors. This is 594% above median its historical median of 10.34. Over the past decade, Inclusive Holdings' Net Current Asset Value has ranged from 1.71 to 22.35. According to the industry distribution chart, Inclusive Holdings ranks #357 out of 538 companies in the Media - Diversified industry, placing it in the top 66.4%.
Is Inclusive Holdings' Net Current Asset Value too high?
Inclusive Holdings' current Net Current Asset Value of 円71.77 is 594% above median its 10-year median of 10.34. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 22.35. Based on the distribution chart, Inclusive Holdings ranks #357 out of 538 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Inclusive Holdings has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Inclusive Holdings' Net Current Asset Value compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Inclusive Holdings ranks #357 out of 538 companies for Net Current Asset Value. This places Inclusive Holdings in the lower half of its industry. The industry median Net Current Asset Value is 2.87. Historically, Inclusive Holdings' own Net Current Asset Value has ranged from 1.71 to 22.35 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 2.87, based on 538 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 Inclusive Holdings and its competitors. For the Media - Diversified industry, the median Net Current Asset Value is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inclusive Holdings's current Net Current Asset Value is 円71.77, which is 594% above median its own 10-year median of 10.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inclusive Holdings stock overvalued right now?
Based on GuruFocus' analysis, Inclusive Holdings (TSE:7078) is currently considered Modestly Undervalued. The stock's GF Value™ is 円473.98, compared to a current price of 円342.00 — trading 27.8% below its estimated fair value. The current Net Current Asset Value is 円71.77, which is 594% above median its 10-year median of 10.34. Inclusive Holdings' overall GF Score™ is 58/100 with 4 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 Inclusive Holdings (TSE:7078), the current Net Current Asset Value is 円71.77 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 Inclusive Holdings (TSE:7078) Overvalued in 2026?

Based on GuruFocus' analysis, Inclusive Holdings stock appears to be undervalued. The current stock price of 円342.00 is trading 27.8% below its estimated GF Value™ of 円473.98. GuruFocus considers Inclusive Holdings to be Modestly Undervalued.

Key valuation signals for TSE:7078:

  • Net Current Asset Value: 円71.77 (594% above median its 10-year median of 10.34)
  • GF Value™: 円473.98 vs. price of 円342.00 (27.8% below fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the TSE:7078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inclusive Holdings Business Description

Address 4-1-1 Toranomon, Kamiyacho Trust Tower, Minato-ku, Tokyo, JPN
Inclusive Holdings Inc is engaged in providing web media management and monetization support, advertising and promotion planning, solutions using ad technology, and various consulting services related to media development and brand planning. The company develops web services for media companies such as TV stations and publishers. Its services include media management, ad operations, promotion planning, and engineering.
58GF Score

Get the complete analysis for TSE:7078

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

円342.00
Price
円473.98
GF Value