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Beat HoldingsTSE:9399 30 Net Current Asset Value is 円-14.97 as of Dec. 2025. GuruFocus rates TSE:9399 with a GF Score™ of 30/100 and a GF Value™ of 円2.01 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,758 Software companies, Beat Holdings ranks worse than 56882.76% 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).
Beat Holdings's net current asset value per share for the quarter that ended in Dec. 2025 was 円-14.97.
The historical rank and industry rank for Beat Holdings's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Beat Holdings was 59.16. The lowest was 24.74. And the median was 41.95.
TSE:9399's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 4.71 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Beat Holdings (TSE:9399) 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.
Beat Holdings Net Current Asset Value Related Terms
Beat Holdings Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Beat 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.
TSE:9399 vs UBER, SHOP, CRM: Net Current Asset Value Comparison
For the Software - Application subindustry, Beat 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.
Beat Holdings Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Beat Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Beat Holdings'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-14.97 mean?
Beat Holdings (TSE:9399) has a Net Current Asset Value of 円-14.97 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Beat Holdings and its competitors. Over the past decade, Beat Holdings' Net Current Asset Value has ranged from 24.74 to 59.16. According to the industry distribution chart, Beat Holdings ranks #999999 out of 1758 companies in the Software industry.
Is Beat Holdings' Net Current Asset Value too high?
Beat Holdings' current Net Current Asset Value is 円-14.97. Over the past 10 years, this metric has ranged from a low of 24.74 to a high of 59.16. Based on the distribution chart, Beat Holdings ranks #999999 out of 1758 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Beat Holdings has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beat Holdings' Net Current Asset Value compare to UBER and SHOP?
According to the Software industry distribution chart, Beat Holdings ranks #999999 out of 1758 companies for Net Current Asset Value. This places Beat Holdings in the lower half of its industry. The industry median Net Current Asset Value is 4.71. Historically, Beat Holdings' own Net Current Asset Value has ranged from 24.74 to 59.16 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 Software company?
The median Net Current Asset Value among Software companies is 4.71, based on 1,758 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 Beat Holdings and its competitors. For the Software industry, the median Net Current Asset Value is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beat Holdings's current Net Current Asset Value is 円-14.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beat Holdings stock overvalued right now?
Based on GuruFocus' analysis, Beat Holdings (TSE:9399) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2.01, compared to a current price of 円13.00 — trading 546.8% above its estimated fair value. The current Net Current Asset Value is 円-14.97. Beat Holdings' overall GF Score™ is 30/100 with 5 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 Beat Holdings (TSE:9399), the current Net Current Asset Value is 円-14.97 as of Dec. 2025. 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 Beat Holdings (TSE:9399) Overvalued in 2026?
Based on GuruFocus' analysis, Beat Holdings stock appears to be overvalued.
The current stock price of 円13.00 is trading 546.8% above its estimated GF Value™ of 円2.01.
GuruFocus considers Beat Holdings to be Significantly Overvalued.
Key valuation signals for TSE:9399:
Net Current Asset Value: 円-14.97
GF Value™: 円2.01 vs. price of 円13.00 (546.8% above fair value)
No single metric tells the full story. See the TSE:9399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beat Holdings Ltd is mainly engaged in the business of providing application-to-person (A2P) messaging service and software products and services. Its reportable segments are: the Messaging Business, which provides cloud-based A2P messaging services and software products and services; the Licensing Business, which provides licensing services for intellectual property rights and other rights related to application software owned by the group; and other businesses. The majority of its revenue is generated from the Messaging business. Geographically, the group generates maximum revenue from Asia, and the rest from Europe and other regions.
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