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Nissin Shoji CoTSE:7490 51 Net Current Asset Value is 円487.91 as of Mar. 2026, which is 100% below its 10-year median of 3.74. GuruFocus rates TSE:7490 with a GF Score™ of 51/100 and a GF Value™ of 円929.71 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 219 Conglomerates companies, Nissin Shoji Co ranks worse than 52.51% 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).
Nissin Shoji Co's net current asset value per share for the quarter that ended in Mar. 2026 was 円487.91.
The historical rank and industry rank for Nissin Shoji Co's Net Current Asset Value or its related term are showing as below:
TSE:7490'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.55 Med: 3.74 Max: 4.93
Current: 4.48
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Nissin Shoji Co was 4.93. The lowest was 2.55. And the median was 3.74.
TSE:7490's Price-to-Net-Current-Asset-Value is ranked worse than 52.51% of 219
companies
in the Conglomerates industry
Industry Median: 4.07
vs TSE:7490: 4.48
Nissin Shoji Co (TSE:7490) 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.
Nissin Shoji Co Net Current Asset Value Related Terms
Nissin Shoji Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Nissin Shoji 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:7490 vs HON, MMM: Net Current Asset Value Comparison
For the Conglomerates subindustry, Nissin Shoji 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.
Nissin Shoji Co Price-to-Net-Current-Asset-Value vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Nissin Shoji Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Nissin Shoji 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487.91 mean?
Nissin Shoji Co (TSE:7490) has a Net Current Asset Value of 円487.91 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 Nissin Shoji Co and its competitors. This is 12946% above median its historical median of 3.74. Over the past decade, Nissin Shoji Co's Net Current Asset Value has ranged from 2.55 to 4.93. According to the industry distribution chart, Nissin Shoji Co ranks #115 out of 219 companies in the Conglomerates industry, placing it in the top 52.5%.
Is Nissin Shoji Co's Net Current Asset Value too high?
Nissin Shoji Co's current Net Current Asset Value of 円487.91 is 12946% above median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 2.55 to a high of 4.93. Based on the distribution chart, Nissin Shoji Co ranks #115 out of 219 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Nissin Shoji Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nissin Shoji Co's Net Current Asset Value compare to HON and MMM?
According to the Conglomerates industry distribution chart, Nissin Shoji Co ranks #115 out of 219 companies for Net Current Asset Value. This places Nissin Shoji Co in the lower half of its industry. The industry median Net Current Asset Value is 4.07. Historically, Nissin Shoji Co's own Net Current Asset Value has ranged from 2.55 to 4.93 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 Conglomerates company?
The median Net Current Asset Value among Conglomerates companies is 4.07, based on 219 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 Nissin Shoji Co and its competitors. For the Conglomerates industry, the median Net Current Asset Value is 4.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nissin Shoji Co's current Net Current Asset Value is 円487.91, which is 12946% above median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissin Shoji Co stock overvalued right now?
Based on GuruFocus' analysis, Nissin Shoji Co (TSE:7490) is currently considered Significantly Overvalued. The stock's GF Value™ is 円929.71, compared to a current price of 円2,188.00 — trading 135.3% above its estimated fair value. The current Net Current Asset Value is 円487.91, which is 12946% above median its 10-year median of 3.74. Nissin Shoji Co's overall GF Score™ is 51/100 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 Nissin Shoji Co (TSE:7490), the current Net Current Asset Value is 円487.91 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 Nissin Shoji Co (TSE:7490) Overvalued in 2026?
Based on GuruFocus' analysis, Nissin Shoji Co stock appears to be overvalued.
The current stock price of 円2,188.00 is trading 135.3% above its estimated GF Value™ of 円929.71.
GuruFocus considers Nissin Shoji Co to be Significantly Overvalued.
Key valuation signals for TSE:7490:
Net Current Asset Value: 円487.91 (12946% above median its 10-year median of 3.74)
GF Value™: 円929.71 vs. price of 円2,188.00 (135.3% above fair value)
No single metric tells the full story. See the TSE:7490 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nissin Shoji Co Ltd is engaged in the sale of general petroleum products, petrochemical products, synthetic resin products, liquefied petroleum gas, and by-products. The company is also involved in real estate rental business, eating and drinking business, leasing of automobiles and automobile supplies, manufacture and sale of beverages, manufacture, and sale of agricultural materials, agency business related to telecommunications equipment sales and telecommunications service, and other business-related to power generation and power distribution.
51GF Score
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