First Juken Co (TSE:8917) Net Current Asset Value: 円1,749.88 (As of Apr. 2026) — 277659% Above Median


TSE:8917 First Juken Co Ltd TSE:8917
59 GF Score
Price 円1,102.00
GF Value 円1,102.06
Valuation Fairly Valued
! 3 Warning Signs
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What is First Juken Co Net Current Asset Value?

First Juken Co TSE:8917 +1.19% 59 Net Current Asset Value is 円1,749.88 as of Apr. 2026, which is 100% below its 10-year median of 0.63. GuruFocus rates TSE:8917 with a GF Score™ of 59/100 and a GF Value™ of 円1,102.06 (Fairly Valued). The stock has 3 warning signs investors should review. Among 71 Homebuilding & Construction companies, First Juken Co ranks better than 91.55% 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).

First Juken Co's net current asset value per share for the quarter that ended in Apr. 2026 was 円1,749.88.

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

TSE:8917' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.55   Med: 0.63   Max: 1.08
Current: 0.63

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of First Juken Co was 1.08. The lowest was 0.55. And the median was 0.63.

TSE:8917's Price-to-Net-Current-Asset-Value is ranked better than
91.55% of 71 companies
in the Homebuilding & Construction industry
Industry Median: 1.56 vs TSE:8917: 0.63

First Juken Co  (TSE:8917) 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.


First Juken Co Net Current Asset Value Related Terms


First Juken Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for First Juken 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.

First Juken Co Net Current Asset Value Chart

First Juken Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,754.74 1,837.22 1,832.22 1,742.77 1,828.29

First Juken Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 1,851.39 1,742.77 1,806.59 1,828.29 1,749.88

TSE:8917 vs DHI, PHM, LEN: Net Current Asset Value Comparison

For the Residential Construction subindustry, First Juken 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.


First Juken Co Price-to-Net-Current-Asset-Value vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, First Juken Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


TSE:8917
59GF Score
First Juken Co Ltd TSE:8917
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Juken Co Net Current Asset Value Calculation

First Juken Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Oct. 2025 is calculated as

Net Current Asset Value Per Share(A: Oct. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(46469.195-19645.907-1384.484-0)/13.914
=1,828.29

First Juken Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Apr. 2026 is calculated as

Net Current Asset Value Per Share(Q: Apr. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(44758.827-18996.24-1414.745-0)/13.914
=1,749.88

* 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1,749.88 mean?
First Juken Co (TSE:8917) has a Net Current Asset Value of 円1,749.88 as of Apr. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on First Juken Co and its competitors. This is 277659% above median its historical median of 0.63. Over the past decade, First Juken Co's Net Current Asset Value has ranged from 0.55 to 1.08. According to the industry distribution chart, First Juken Co ranks #6 out of 71 companies in the Homebuilding & Construction industry, placing it in the top 8.5%.
Is First Juken Co's Net Current Asset Value too high?
First Juken Co's current Net Current Asset Value of 円1,749.88 is 277659% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.08. Based on the distribution chart, First Juken Co ranks #6 out of 71 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, First Juken Co has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Juken Co's Net Current Asset Value compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, First Juken Co ranks #6 out of 71 companies for Net Current Asset Value. This places First Juken Co in the top 9% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 1.56. Historically, First Juken Co's own Net Current Asset Value has ranged from 0.55 to 1.08 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 Homebuilding & Construction company?
The median Net Current Asset Value among Homebuilding & Construction companies is 1.56, based on 71 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 First Juken Co and its competitors. For the Homebuilding & Construction industry, the median Net Current Asset Value is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Juken Co's current Net Current Asset Value is 円1,749.88, which is 277659% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Juken Co stock overvalued right now?
Based on GuruFocus' analysis, First Juken Co (TSE:8917) is currently considered Fairly Valued. The stock's GF Value™ is 円1,102.06, compared to a current price of 円1,102.00 — trading 0% below its estimated fair value. The current Net Current Asset Value is 円1,749.88, which is 277659% above median its 10-year median of 0.63. First Juken Co's overall GF Score™ is 59/100 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 First Juken Co (TSE:8917), the current Net Current Asset Value is 円1,749.88 as of Apr. 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 First Juken Co (TSE:8917) Overvalued in 2026?

Based on GuruFocus' analysis, First Juken Co stock appears to be undervalued. The current stock price of 円1,102.00 is trading 0% below its estimated GF Value™ of 円1,102.06. GuruFocus considers First Juken Co to be Fairly Valued.

Key valuation signals for TSE:8917:

  • Net Current Asset Value: 円1,749.88 (277659% above median its 10-year median of 0.63)
  • GF Value™: 円1,102.06 vs. price of 円1,102.00 (0% below fair value)
  • GF Score™: 59/100 with 3 warning signs

No single metric tells the full story. See the TSE:8917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Juken Co Business Description

Address 5-6-9 Higashi-Namba-cho, Amagasaki, JPN, 660-0892
First Juken Co Ltd is a Japanese based company engaged in the development of residential housing and condominium buildings. Its detached housing business offers the wooden house with a traditional conventional construction method. Its residential condominium business offers house on sale and rental. It is also engaged insurance business that offers fire insurance and life insurance. The Group is mainly engaged in the Detached house business, Condominium business and Special construction business.
59GF Score

Get the complete analysis for TSE:8917

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

円1,102.00
Price
円1,102.06
GF Value