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Mainichi Comnet CoTSE:8908 -0.11%89 Net Current Asset Value is 円270.93 as of Feb. 2026, which is 100% below its 10-year median of 4.26. GuruFocus rates TSE:8908 with a GF Score™ of 89/100 and a GF Value™ of 円1,019.54 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 755 Real Estate companies, Mainichi Comnet Co ranks worse than 58.01% 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).
Mainichi Comnet Co's net current asset value per share for the quarter that ended in Feb. 2026 was 円270.93.
The historical rank and industry rank for Mainichi Comnet Co's Net Current Asset Value or its related term are showing as below:
TSE:8908'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.53 Med: 4.26 Max: 21.1
Current: 2.57
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Mainichi Comnet Co was 21.10. The lowest was 2.53. And the median was 4.26.
TSE:8908's Price-to-Net-Current-Asset-Value is ranked worse than 58.01% of 755
companies
in the Real Estate industry
Industry Median: 2.06
vs TSE:8908: 2.57
Mainichi Comnet Co (TSE:8908) 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.
Mainichi Comnet Co Net Current Asset Value Related Terms
Mainichi Comnet Co Net Current Asset Value Historical Data
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The historical data trend for Mainichi Comnet 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:8908 vs CBRE, BEKE, JLL: Net Current Asset Value Comparison
For the Real Estate Services subindustry, Mainichi Comnet 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.
Mainichi Comnet Co Price-to-Net-Current-Asset-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Mainichi Comnet Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Mainichi Comnet 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270.93 mean?
Mainichi Comnet Co (TSE:8908) has a Net Current Asset Value of 円270.93 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 Mainichi Comnet Co and its competitors. This is 6260% above median its historical median of 4.26. Over the past decade, Mainichi Comnet Co's Net Current Asset Value has ranged from 2.53 to 21.10. According to the industry distribution chart, Mainichi Comnet Co ranks #438 out of 755 companies in the Real Estate industry, placing it in the top 58%.
Is Mainichi Comnet Co's Net Current Asset Value too high?
Mainichi Comnet Co's current Net Current Asset Value of 円270.93 is 6260% above median its 10-year median of 4.26. Over the past 10 years, this metric has ranged from a low of 2.53 to a high of 21.10. Based on the distribution chart, Mainichi Comnet Co ranks #438 out of 755 companies in the Real Estate industry, which is below the industry midpoint. Overall, Mainichi Comnet Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mainichi Comnet Co's Net Current Asset Value compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Mainichi Comnet Co ranks #438 out of 755 companies for Net Current Asset Value. This places Mainichi Comnet Co in the lower half of its industry. The industry median Net Current Asset Value is 2.06. Historically, Mainichi Comnet Co's own Net Current Asset Value has ranged from 2.53 to 21.10 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 Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.06, based on 755 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 Mainichi Comnet Co and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mainichi Comnet Co's current Net Current Asset Value is 円270.93, which is 6260% above median its own 10-year median of 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mainichi Comnet Co stock overvalued right now?
Based on GuruFocus' analysis, Mainichi Comnet Co (TSE:8908) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,019.54, compared to a current price of 円869.00 — trading 14.8% below its estimated fair value. The current Net Current Asset Value is 円270.93, which is 6260% above median its 10-year median of 4.26. Mainichi Comnet Co's overall GF Score™ is 89/100 with 2 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 Mainichi Comnet Co (TSE:8908), the current Net Current Asset Value is 円270.93 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 Mainichi Comnet Co (TSE:8908) Overvalued in 2026?
Based on GuruFocus' analysis, Mainichi Comnet Co stock appears to be undervalued.
The current stock price of 円869.00 is trading 14.8% below its estimated GF Value™ of 円1,019.54.
GuruFocus considers Mainichi Comnet Co to be Modestly Undervalued.
Key valuation signals for TSE:8908:
Net Current Asset Value: 円270.93 (6260% above median its 10-year median of 4.26)
GF Value™: 円1,019.54 vs. price of 円869.00 (14.8% below fair value)
No single metric tells the full story. See the TSE:8908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mainichi Comnet Co Ltd is a real estate company engaged in the development and consulting for apartments, student management, rental and business support student life travel business as well as arrangement planning and training camp of the Club Circle.
89GF Score
Get the complete analysis for TSE:8908
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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