AirCloset (TSE:9557) Net Current Asset Value: 円-146.67 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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TSE:9557 AirCloset Inc TSE:9557
47 GF Score
Price 円189.00
GF Value 円530.53
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is AirCloset Net Current Asset Value?

AirCloset TSE:9557 47 Net Current Asset Value is 円-146.67 as of Dec. 2025. GuruFocus rates TSE:9557 with a GF Score™ of 47/100 and a GF Value™ of 円530.53 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 561 Retail - Cyclical companies, AirCloset ranks worse than 178252.94% 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).

AirCloset's net current asset value per share for the quarter that ended in Dec. 2025 was 円-146.67.

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

During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of AirCloset was 65.00. The lowest was 65.00. And the median was 65.00.

TSE:9557's Price-to-Net-Current-Asset-Value is not ranked *
in the Retail - Cyclical industry.
Industry Median: 3.11
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

AirCloset  (TSE:9557) 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.


AirCloset Net Current Asset Value Related Terms


AirCloset Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for AirCloset'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.

AirCloset Net Current Asset Value Chart

AirCloset Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net Current Asset Value
Get a 7-Day Free Trial -28.05 -34.97 -4.96 -35.38 -76.32

AirCloset Quarterly Data
Jun20 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -67.77 -76.32 -108.62 -146.67 -138.63

TSE:9557 vs AMZN, BABA, PDD: Net Current Asset Value Comparison

For the Internet Retail subindustry, AirCloset'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.


AirCloset Price-to-Net-Current-Asset-Value vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, AirCloset's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


TSE:9557
47GF Score
AirCloset Inc TSE:9557
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AirCloset Net Current Asset Value Calculation

AirCloset's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2025 is calculated as

Net Current Asset Value Per Share(A: Jun. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1566.946-2198.557-0-0)/8.276
=-76.32

AirCloset's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1247.525-2462.531-0-0)/8.284
=-146.67

* 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-146.67 mean?
AirCloset (TSE:9557) has a Net Current Asset Value of 円-146.67 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 AirCloset and its competitors. Over the past decade, AirCloset's Net Current Asset Value has ranged from 65.00 to 65.00. According to the industry distribution chart, AirCloset ranks #999999 out of 561 companies in the Retail - Cyclical industry.
Is AirCloset's Net Current Asset Value too high?
AirCloset's current Net Current Asset Value is 円-146.67. Over the past 10 years, this metric has ranged from a low of 65.00 to a high of 65.00. Based on the distribution chart, AirCloset ranks #999999 out of 561 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, AirCloset has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AirCloset's Net Current Asset Value compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, AirCloset ranks #999999 out of 561 companies for Net Current Asset Value. This places AirCloset in the lower half of its industry. The industry median Net Current Asset Value is 3.11. Historically, AirCloset's own Net Current Asset Value has ranged from 65.00 to 65.00 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 Retail - Cyclical company?
The median Net Current Asset Value among Retail - Cyclical companies is 3.11, based on 561 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 AirCloset and its competitors. For the Retail - Cyclical industry, the median Net Current Asset Value is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AirCloset's current Net Current Asset Value is 円-146.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AirCloset stock overvalued right now?
Based on GuruFocus' analysis, AirCloset (TSE:9557) is currently considered Possible Value Trap. The stock's GF Value™ is 円530.53, compared to a current price of 円189.00 — trading 64.4% below its estimated fair value. The current Net Current Asset Value is 円-146.67. AirCloset's overall GF Score™ is 47/100 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 AirCloset (TSE:9557), the current Net Current Asset Value is 円-146.67 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 AirCloset (TSE:9557) Overvalued in 2026?

Based on GuruFocus' analysis, AirCloset stock appears to be undervalued. The current stock price of 円189.00 is trading 64.4% below its estimated GF Value™ of 円530.53. GuruFocus considers AirCloset to be Possible Value Trap.

Key valuation signals for TSE:9557:

  • Net Current Asset Value: 円-146.67
  • GF Value™: 円530.53 vs. price of 円189.00 (64.4% below fair value)
  • GF Score™: 47/100 with 3 warning signs

No single metric tells the full story. See the TSE:9557 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AirCloset Business Description

Address 3-1-31 Minamiaoyama, KD Minami Aoyama Building, Minato-ku, Tokyo, JPN, 107-0062
AirCloset Inc operates a fashion rental platform, airCloset. The company's services include Online Fashion Rental Service, airCloset; Fashion Rental Shop, airClosetxABLE; Online Styling EC Service, airCloset Fitting; Manufacturer's official monthly rental mall, airCloset Mall; and Remote personal styling service, airCloset Talk.
47GF Score

Get the complete analysis for TSE:9557

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

円189.00
Price
円530.53
GF Value