VIA Holdings (TSE:7918) Net Current Asset Value: 円-74.32 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:7918 VIA Holdings Inc TSE:7918
50 GF Score
Price 円109.00
GF Value 円110.39
Valuation Fairly Valued
! 3 Warning Signs
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What is VIA Holdings Net Current Asset Value?

VIA Holdings TSE:7918 50 Net Current Asset Value is 円-74.32 as of Mar. 2026. GuruFocus rates TSE:7918 with a GF Score™ of 50/100 and a GF Value™ of 円110.39 (Fairly Valued). The stock has 3 warning signs investors should review. Among 73 Restaurants companies, VIA Holdings ranks worse than 1369861.64% 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).

VIA Holdings's net current asset value per share for the quarter that ended in Mar. 2026 was 円-74.32.

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

TSE:7918's Price-to-Net-Current-Asset-Value is not ranked *
in the Restaurants industry.
Industry Median: 10.54
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

VIA Holdings  (TSE:7918) 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.


VIA Holdings Net Current Asset Value Related Terms


VIA Holdings Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for VIA 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.

VIA Holdings Net Current Asset Value Chart

VIA Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -98.34 -97.81 -72.66 -71.71 -74.32

VIA Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -72.66 -74.68 -71.71 -83.97 -74.32

TSE:7918 vs MCD, SBUX, YUM: Net Current Asset Value Comparison

For the Restaurants subindustry, VIA 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.


VIA Holdings Price-to-Net-Current-Asset-Value vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, VIA Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


TSE:7918
50GF Score
VIA Holdings Inc TSE:7918
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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VIA Holdings Net Current Asset Value Calculation

VIA 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)
=(1936-5327-0-0)/45.626
=-74.32

VIA 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)
=(1936-5327-0-0)/45.626
=-74.32

* 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-74.32 mean?
VIA Holdings (TSE:7918) has a Net Current Asset Value of 円-74.32 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 VIA Holdings and its competitors. According to the industry distribution chart, VIA Holdings ranks #999999 out of 73 companies in the Restaurants industry.
Is VIA Holdings' Net Current Asset Value too high?
VIA Holdings' current Net Current Asset Value is 円-74.32. Based on the distribution chart, VIA Holdings ranks #999999 out of 73 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, VIA Holdings has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VIA Holdings' Net Current Asset Value compare to MCD and SBUX?
According to the Restaurants industry distribution chart, VIA Holdings ranks #999999 out of 73 companies for Net Current Asset Value. This places VIA Holdings in the lower half of its industry. The industry median Net Current Asset Value is 10.54. 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 Restaurants company?
The median Net Current Asset Value among Restaurants companies is 10.54, based on 73 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 VIA Holdings and its competitors. For the Restaurants industry, the median Net Current Asset Value is 10.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIA Holdings's current Net Current Asset Value is 円-74.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIA Holdings stock overvalued right now?
Based on GuruFocus' analysis, VIA Holdings (TSE:7918) is currently considered Fairly Valued. The stock's GF Value™ is 円110.39, compared to a current price of 円109.00 — trading 1.3% below its estimated fair value. The current Net Current Asset Value is 円-74.32. VIA Holdings' overall GF Score™ is 50/100 with 3 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 VIA Holdings (TSE:7918), the current Net Current Asset Value is 円-74.32 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 VIA Holdings (TSE:7918) Overvalued in 2026?

Based on GuruFocus' analysis, VIA Holdings stock appears to be undervalued. The current stock price of 円109.00 is trading 1.3% below its estimated GF Value™ of 円110.39. GuruFocus considers VIA Holdings to be Fairly Valued.

Key valuation signals for TSE:7918:

  • Net Current Asset Value: 円-74.32
  • GF Value™: 円110.39 vs. price of 円109.00 (1.3% below fair value)
  • GF Score™: 50/100 with 3 warning signs

No single metric tells the full story. See the TSE:7918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VIA Holdings Business Description

Address 519 Waseda Tsurumakicho, 2nd floor, Waseda Matsuura Building, Shinjuku-ku, Tokyo, JPN, 162-0041
VIA Holdings Inc is engaged in printing and distribution and operates a chain of restaurants.
50GF Score

Get the complete analysis for TSE:7918

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

円109.00
Price
円110.39
GF Value