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).
Kohnan Shoji Co's net current asset value per share for the quarter that ended in Feb. 2026 was 円-5,043.39.
The historical rank and industry rank for Kohnan Shoji Co's Net Current Asset Value or its related term are showing as below:
TSE:7516's Price-to-Net-Current-Asset-Value is not ranked *
in the Retail - Cyclical industry.
Industry Median: 3.04 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Kohnan Shoji Co (TSE:7516) 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.
Kohnan Shoji Co Net Current Asset Value Related Terms
Kohnan Shoji Co Net Current Asset Value Historical Data
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The historical data trend for Kohnan 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:7516 vs HD, LOW, FND: Net Current Asset Value Comparison
For the Home Improvement Retail subindustry, Kohnan 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.
Kohnan Shoji Co Price-to-Net-Current-Asset-Value vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Kohnan Shoji Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Kohnan 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-5,043.39 mean?
Kohnan Shoji Co (TSE:7516) has a Net Current Asset Value of 円-5,043.39 as of Feb. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Kohnan Shoji Co and its competitors. According to the industry distribution chart, Kohnan Shoji Co ranks #999999 out of 557 companies in the Retail - Cyclical industry.
Is Kohnan Shoji Co's Net Current Asset Value too high?
Kohnan Shoji Co's current Net Current Asset Value is 円-5,043.39. Based on the distribution chart, Kohnan Shoji Co ranks #999999 out of 557 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Kohnan Shoji Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kohnan Shoji Co's Net Current Asset Value compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, Kohnan Shoji Co ranks #999999 out of 557 companies for Net Current Asset Value. This places Kohnan Shoji Co in the lower half of its industry. The industry median Net Current Asset Value is 3.04. 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 Retail - Cyclical company?
The median Net Current Asset Value among Retail - Cyclical companies is 3.04, based on 557 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 Kohnan Shoji Co and its competitors. For the Retail - Cyclical industry, the median Net Current Asset Value is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kohnan Shoji Co's current Net Current Asset Value is 円-5,043.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kohnan Shoji Co stock overvalued right now?
Based on GuruFocus' analysis, Kohnan Shoji Co (TSE:7516) is currently considered Fairly Valued. The stock's GF Value™ is 円4,397.84, compared to a current price of 円4,085.00 — trading 7.1% below its estimated fair value. The current Net Current Asset Value is 円-5,043.39. Kohnan Shoji Co's overall GF Score™ is 66/100 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 Kohnan Shoji Co (TSE:7516), the current Net Current Asset Value is 円-5,043.39 as of Feb. 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 Kohnan Shoji Co (TSE:7516) Overvalued in 2026?
Based on GuruFocus' analysis, Kohnan Shoji Co stock appears to be undervalued.
The current stock price of 円4,085.00 is trading 7.1% below its estimated GF Value™ of 円4,397.84.
GuruFocus considers Kohnan Shoji Co to be Fairly Valued.
Key valuation signals for TSE:7516:
Net Current Asset Value: 円-5,043.39
GF Value™: 円4,397.84 vs. price of 円4,085.00 (7.1% below fair value)
No single metric tells the full story. See the TSE:7516 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kohnan Shoji Co Ltd is a Japan-based company that is principally engaged in the retail of products related to home improvement, housekeeping, and automotive supplies and accessories. The company operates through three store chains with different styles: Home Center, mainly offering DIY products and household goods to improve consumers' home and life; Homestock, a small-format version of Home Center with original brands EDLP and Lifelex; and Kohnan Pro, providing tools, building materials, and working equipment for professionals. The majority of the company's stores are Home Center stores.
66GF Score
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