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).
Daiichi Life Group's net current asset value per share for the quarter that ended in Mar. 2026 was 円0.00.
The historical rank and industry rank for Daiichi Life Group's Net Current Asset Value or its related term are showing as below:
TSE:8750's Price-to-Net-Current-Asset-Value is not ranked *
in the Insurance industry.
Industry Median: 6.555 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Daiichi Life Group (TSE:8750) 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.
Daiichi Life Group Net Current Asset Value Related Terms
Daiichi Life Group Net Current Asset Value Historical Data
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The historical data trend for Daiichi Life Group'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:8750 vs AFL, MET, PRU: Net Current Asset Value Comparison
For the Insurance - Life subindustry, Daiichi Life Group'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.
Daiichi Life Group Price-to-Net-Current-Asset-Value vs Insurance Industry
For the Insurance industry and Financial Services sector, Daiichi Life Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Daiichi Life Group'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0.00 mean?
Daiichi Life Group (TSE:8750) has a Net Current Asset Value of 円0.00 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 Daiichi Life Group and its competitors. According to the industry distribution chart, Daiichi Life Group ranks #999999 out of 26 companies in the Insurance industry.
Is Daiichi Life Group's Net Current Asset Value too high?
Daiichi Life Group's current Net Current Asset Value is 円0.00. Based on the distribution chart, Daiichi Life Group ranks #999999 out of 26 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Daiichi Life Group has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daiichi Life Group's Net Current Asset Value compare to AFL and MET?
According to the Insurance industry distribution chart, Daiichi Life Group ranks #999999 out of 26 companies for Net Current Asset Value. This places Daiichi Life Group in the lower half of its industry. The industry median Net Current Asset Value is 6.56. 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 an Insurance company?
The median Net Current Asset Value among Insurance companies is 6.56, based on 26 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 Daiichi Life Group and its competitors. For the Insurance industry, the median Net Current Asset Value is 6.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiichi Life Group's current Net Current Asset Value is 円0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiichi Life Group stock overvalued right now?
Based on GuruFocus' analysis, Daiichi Life Group (TSE:8750) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,169.56, compared to a current price of 円1,864.00 — trading 59.4% above its estimated fair value. The current Net Current Asset Value is 円0.00. Daiichi Life Group's overall GF Score™ is 69/100 with 6 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 Daiichi Life Group (TSE:8750), the current Net Current Asset Value is 円0.00 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 Daiichi Life Group (TSE:8750) Overvalued in 2026?
Based on GuruFocus' analysis, Daiichi Life Group stock appears to be overvalued.
The current stock price of 円1,864.00 is trading 59.4% above its estimated GF Value™ of 円1,169.56.
GuruFocus considers Daiichi Life Group to be Significantly Overvalued.
Key valuation signals for TSE:8750:
Net Current Asset Value: 円0.00
GF Value™: 円1,169.56 vs. price of 円1,864.00 (59.4% above fair value)
No single metric tells the full story. See the TSE:8750 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dai-ichi Life is Japan's second-largest life insurer (excluding the recently privatized Japan Post Insurance), commanding 11% of annualized net premiums. Unlike its largest domestic rivals—Nippon Life, Meiji Yasuda, and Sumitomo Life—which remain mutually owned by policyholders, Dai-ichi Life demutualized and listed on the Tokyo Stock Exchange in 2010. The group's profit profile is geographically diversified: The main domestic life business contributes roughly 75% of profits, the overseas life business contributes about 22%, and the noninsurance business contributes about 4% of total profits.
69GF Score
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