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Luckland CoTSE:9612 +0.48%69 Net Current Asset Value is 円579.45 as of Dec. 2025, which is 100% below its 10-year median of 26.87. GuruFocus rates TSE:9612 with a GF Score™ of 69/100 and a GF Value™ of 円2,575.57 (Significantly Undervalued). Among 1,063 Construction companies, Luckland Co ranks better than 64.82% 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).
Luckland Co's net current asset value per share for the quarter that ended in Dec. 2025 was 円579.45.
The historical rank and industry rank for Luckland Co's Net Current Asset Value or its related term are showing as below:
TSE:9612'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.17 Med: 26.87 Max: 43.15
Current: 2.17
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Luckland Co was 43.15. The lowest was 2.17. And the median was 26.87.
TSE:9612's Price-to-Net-Current-Asset-Value is ranked better than 64.82% of 1063
companies
in the Construction industry
Industry Median: 3.2
vs TSE:9612: 2.17
Luckland Co (TSE:9612) 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.
Luckland Co Net Current Asset Value Related Terms
Luckland Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Luckland 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:9612 vs PWR, FIX, EME: Net Current Asset Value Comparison
For the Engineering & Construction subindustry, Luckland 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.
Luckland Co Price-to-Net-Current-Asset-Value vs Construction Industry
For the Construction industry and Industrials sector, Luckland Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Luckland 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579.45 mean?
Luckland Co (TSE:9612) has a Net Current Asset Value of 円579.45 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 Luckland Co and its competitors. This is 2056% above median its historical median of 26.87. Over the past decade, Luckland Co's Net Current Asset Value has ranged from 2.17 to 43.15. According to the industry distribution chart, Luckland Co ranks #374 out of 1063 companies in the Construction industry, placing it in the top 35.2%.
Is Luckland Co's Net Current Asset Value too high?
Luckland Co's current Net Current Asset Value of 円579.45 is 2056% above median its 10-year median of 26.87. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 43.15. Based on the distribution chart, Luckland Co ranks #374 out of 1063 companies in the Construction industry, which is above the industry midpoint. Overall, Luckland Co has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Luckland Co's Net Current Asset Value compare to PWR and FIX?
According to the Construction industry distribution chart, Luckland Co ranks #374 out of 1063 companies for Net Current Asset Value. This puts Luckland Co in the upper half of its industry. The industry median Net Current Asset Value is 3.20. Historically, Luckland Co's own Net Current Asset Value has ranged from 2.17 to 43.15 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.20, based on 1,063 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 Luckland Co and its competitors. For the Construction industry, the median Net Current Asset Value is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Luckland Co's current Net Current Asset Value is 円579.45, which is 2056% above median its own 10-year median of 26.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luckland Co stock overvalued right now?
Based on GuruFocus' analysis, Luckland Co (TSE:9612) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,575.57, compared to a current price of 円1,259.00 — trading 51.1% below its estimated fair value. The current Net Current Asset Value is 円579.45, which is 2056% above median its 10-year median of 26.87. Luckland Co's overall GF Score™ is 69/100. 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 Luckland Co (TSE:9612), the current Net Current Asset Value is 円579.45 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 Luckland Co (TSE:9612) Overvalued in 2026?
Based on GuruFocus' analysis, Luckland Co stock appears to be undervalued.
The current stock price of 円1,259.00 is trading 51.1% below its estimated GF Value™ of 円2,575.57.
GuruFocus considers Luckland Co to be Significantly Undervalued.
Key valuation signals for TSE:9612:
Net Current Asset Value: 円579.45 (2056% above median its 10-year median of 26.87)
GF Value™: 円2,575.57 vs. price of 円1,259.00 (51.1% below fair value)
No single metric tells the full story. See the TSE:9612 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Luckland Co Ltd is engaged in the designing, construction, and maintenance of commercial building facilities. The company specializes in food store construction. It also builds shopping malls, restaurants, theme parks, specialty stores, hotel, convenience store, and others.
69GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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