Chori Co (TSE:8014) Net Current Asset Value: 円3,079.12 (As of Mar. 2026) — 265341% 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:8014 Chori Co Ltd TSE:8014
77 GF Score
Price 円3,905.00
GF Value 円3,417.76
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Chori Co Net Current Asset Value?

Chori Co TSE:8014 -1.14% 77 Net Current Asset Value is 円3,079.12 as of Mar. 2026, which is 100% below its 10-year median of 1.16. GuruFocus rates TSE:8014 with a GF Score™ of 77/100 and a GF Value™ of 円3,417.76 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 218 Conglomerates companies, Chori Co ranks better than 81.19% 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).

Chori Co's net current asset value per share for the quarter that ended in Mar. 2026 was 円3,079.12.

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

TSE:8014' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.97   Med: 1.16   Max: 1.69
Current: 1.24

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Chori Co was 1.69. The lowest was 0.97. And the median was 1.16.

TSE:8014's Price-to-Net-Current-Asset-Value is ranked better than
81.19% of 218 companies
in the Conglomerates industry
Industry Median: 4.095 vs TSE:8014: 1.24

Chori Co  (TSE:8014) 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.


Chori Co Net Current Asset Value Related Terms


Chori Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Chori 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.

Chori Co Net Current Asset Value Chart

Chori Co 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 1,820.59 2,074.17 2,318.37 2,738.70 3,079.12

Chori Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2,725.92 2,821.63 2,876.61 3,079.12 3,154.03

TSE:8014 vs MMM, HON: Net Current Asset Value Comparison

For the Conglomerates subindustry, Chori 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.


Chori Co Price-to-Net-Current-Asset-Value vs Conglomerates Industry

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

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


TSE:8014
77GF Score
Chori Co Ltd TSE:8014
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chori Co Net Current Asset Value Calculation

Chori Co'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)
=(126931-50930-116-0)/24.645
=3,079.12

Chori Co'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)
=(126931-50930-116-0)/24.645
=3,079.12

* 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3,079.12 mean?
Chori Co (TSE:8014) has a Net Current Asset Value of 円3,079.12 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 Chori Co and its competitors. This is 265341% above median its historical median of 1.16. Over the past decade, Chori Co's Net Current Asset Value has ranged from 0.97 to 1.69. According to the industry distribution chart, Chori Co ranks #41 out of 218 companies in the Conglomerates industry, placing it in the top 18.8%.
Is Chori Co's Net Current Asset Value too high?
Chori Co's current Net Current Asset Value of 円3,079.12 is 265341% above median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 1.69. Based on the distribution chart, Chori Co ranks #41 out of 218 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Chori Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chori Co's Net Current Asset Value compare to MMM and HON?
According to the Conglomerates industry distribution chart, Chori Co ranks #41 out of 218 companies for Net Current Asset Value. This places Chori Co in the top 19% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.10. Historically, Chori Co's own Net Current Asset Value has ranged from 0.97 to 1.69 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 4.10, based on 218 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 Chori Co and its competitors. For the Conglomerates industry, the median Net Current Asset Value is 4.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chori Co's current Net Current Asset Value is 円3,079.12, which is 265341% above median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chori Co stock overvalued right now?
Based on GuruFocus' analysis, Chori Co (TSE:8014) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,417.76, compared to a current price of 円3,905.00 — trading 14.3% above its estimated fair value. The current Net Current Asset Value is 円3,079.12, which is 265341% above median its 10-year median of 1.16. Chori Co's overall GF Score™ is 77/100 with 1 warning sign 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 Chori Co (TSE:8014), the current Net Current Asset Value is 円3,079.12 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 Chori Co (TSE:8014) Overvalued in 2026?

Based on GuruFocus' analysis, Chori Co stock appears to be overvalued. The current stock price of 円3,905.00 is trading 14.3% above its estimated GF Value™ of 円3,417.76. GuruFocus considers Chori Co to be Modestly Overvalued.

Key valuation signals for TSE:8014:

  • Net Current Asset Value: 円3,079.12 (265341% above median its 10-year median of 1.16)
  • GF Value™: 円3,417.76 vs. price of 円3,905.00 (14.3% above fair value)
  • GF Score™: 77/100 with 1 warning sign

No single metric tells the full story. See the TSE:8014 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chori Co Business Description

Address 2-15-3 Konan, Minato-ku, Tokyo, JPN, 108-6216
Chori Co Ltd engages in textiles, chemicals, and machinery businesses. The textile business is engaged in weaving, knitting, dyeing and sewing. It sells polyester threads mainly for materials such as car seats, and handling fabrics centering on car seats and for apparels. Chemical business develops inorganic chemicals and mineral products for cosmetics, personal care and food additive applications. Machinery businesses export agricultural machinery, construction machinery, industrial equipment, and marine equipment. Chori has geographic operations in China, Japan, Europe, the United States, Hong Kong, and the Middle East.
77GF Score

Get the complete analysis for TSE:8014

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

円3,905.00
Price
円3,417.76
GF Value