Noda (TSE:7879) Net Current Asset Value: 円296.51 (As of May. 2026) — 13821% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:7879 Noda Corp TSE:7879
59 GF Score
Price 円641.00
GF Value 円700.26
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Noda Net Current Asset Value?

Noda TSE:7879 -0.93% 59 Net Current Asset Value is 円296.51 as of May. 2026, which is 100% below its 10-year median of 2.13. GuruFocus rates TSE:7879 with a GF Score™ of 59/100 and a GF Value™ of 円700.26 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,062 Construction companies, Noda ranks better than 67.14% 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).

Noda's net current asset value per share for the quarter that ended in May. 2026 was 円296.51.

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

TSE:7879' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.62   Med: 2.13   Max: 27.36
Current: 2.16

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Noda was 27.36. The lowest was 1.62. And the median was 2.13.

TSE:7879's Price-to-Net-Current-Asset-Value is ranked better than
67.14% of 1062 companies
in the Construction industry
Industry Median: 3.205 vs TSE:7879: 2.16

Noda  (TSE:7879) 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.


Noda Net Current Asset Value Related Terms


Noda Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Noda'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.

Noda Net Current Asset Value Chart

Noda Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 427.34 676.73 699.53 415.64 314.13

Noda Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 594.67 415.64 331.20 314.13 296.51

TSE:7879 vs TT, JCI, CARR: Net Current Asset Value Comparison

For the Building Products & Equipment subindustry, Noda'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.


Noda Price-to-Net-Current-Asset-Value vs Construction Industry

For the Construction industry and Industrials sector, Noda's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


TSE:7879
59GF Score
Noda Corp TSE:7879
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Noda Net Current Asset Value Calculation

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

Net Current Asset Value Per Share(A: Nov. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(43667.437-33256.725-5492.761-0)/15.656
=314.13

Noda's Net Current Asset Value (NCAV) per share for the quarter that ended in May. 2026 is calculated as

Net Current Asset Value Per Share(Q: May. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(41839.397-32079.446-5417.501-0)/14.645
=296.51

* 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296.51 mean?
Noda (TSE:7879) has a Net Current Asset Value of 円296.51 as of May. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Noda and its competitors. This is 13821% above median its historical median of 2.13. Over the past decade, Noda's Net Current Asset Value has ranged from 1.62 to 27.36. According to the industry distribution chart, Noda ranks #349 out of 1062 companies in the Construction industry, placing it in the top 32.9%.
Is Noda's Net Current Asset Value too high?
Noda's current Net Current Asset Value of 円296.51 is 13821% above median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 27.36. Based on the distribution chart, Noda ranks #349 out of 1062 companies in the Construction industry, which is above the industry midpoint. Overall, Noda has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Noda's Net Current Asset Value compare to TT and JCI?
According to the Construction industry distribution chart, Noda ranks #349 out of 1062 companies for Net Current Asset Value. This puts Noda in the upper half of its industry. The industry median Net Current Asset Value is 3.21. Historically, Noda's own Net Current Asset Value has ranged from 1.62 to 27.36 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.21, based on 1,062 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 Noda and its competitors. For the Construction industry, the median Net Current Asset Value is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noda's current Net Current Asset Value is 円296.51, which is 13821% above median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noda stock overvalued right now?
Based on GuruFocus' analysis, Noda (TSE:7879) is currently considered Fairly Valued. The stock's GF Value™ is 円700.26, compared to a current price of 円641.00 — trading 8.5% below its estimated fair value. The current Net Current Asset Value is 円296.51, which is 13821% above median its 10-year median of 2.13. Noda's overall GF Score™ is 59/100 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 Noda (TSE:7879), the current Net Current Asset Value is 円296.51 as of May. 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 Noda (TSE:7879) Overvalued in 2026?

Based on GuruFocus' analysis, Noda stock appears to be undervalued. The current stock price of 円641.00 is trading 8.5% below its estimated GF Value™ of 円700.26. GuruFocus considers Noda to be Fairly Valued.

Key valuation signals for TSE:7879:

  • Net Current Asset Value: 円296.51 (13821% above median its 10-year median of 2.13)
  • GF Value™: 円700.26 vs. price of 円641.00 (8.5% below fair value)
  • GF Score™: 59/100 with 7 warning signs

No single metric tells the full story. See the TSE:7879 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Noda Business Description

Address 5-13-6, Asakusabashi, Taito-ku, Tokyo, JPN, 111-8533
Noda Corp is engaged in building materials. The company manufacture and sell a wide range of building interior materials such as flooring, inner wall members, interior doors, sliding doors, closets, front hall storage racks, staircase members and handrail members, as well as exterior substrate materials. It also sells laminated wood bonded with braces and provides a method to build a monocoque construction using bearing walls, and Hi-best Wood MDF, which is used as a raw material for building material products and furniture, and the Structural Hi-best Wood, which can be used for enhancing the strength of buildings. It import and sells ordinary plywood, concrete forming plywood, structural plywood and painted plywood.
59GF Score

Get the complete analysis for TSE:7879

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

円641.00
Price
円700.26
GF Value