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Daiseki CoTSE:9793 +0.27%97 Net Current Asset Value is 円278.01 as of Feb. 2026, which is 100% below its 10-year median of 8.09. GuruFocus rates TSE:9793 with a GF Score™ of 97/100 and a GF Value™ of 円4,153.91 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 95 Waste Management companies, Daiseki Co ranks worse than 80% 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).
Daiseki Co's net current asset value per share for the quarter that ended in Feb. 2026 was 円278.01.
The historical rank and industry rank for Daiseki Co's Net Current Asset Value or its related term are showing as below:
TSE:9793'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.4 Med: 8.09 Max: 14.23
Current: 12.7
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Daiseki Co was 14.23. The lowest was 4.40. And the median was 8.09.
TSE:9793's Price-to-Net-Current-Asset-Value is ranked worse than 80% of 95
companies
in the Waste Management industry
Industry Median: 4.23
vs TSE:9793: 12.70
Daiseki Co (TSE:9793) 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.
Daiseki Co Net Current Asset Value Related Terms
Daiseki Co Net Current Asset Value Historical Data
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The historical data trend for Daiseki 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:9793 vs WM, RSG, WCN: Net Current Asset Value Comparison
For the Waste Management subindustry, Daiseki 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.
Daiseki Co Price-to-Net-Current-Asset-Value vs Waste Management Industry
For the Waste Management industry and Industrials sector, Daiseki Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Daiseki 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278.01 mean?
Daiseki Co (TSE:9793) has a Net Current Asset Value of 円278.01 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 Daiseki Co and its competitors. This is 3336% above median its historical median of 8.09. Over the past decade, Daiseki Co's Net Current Asset Value has ranged from 4.40 to 14.23. According to the industry distribution chart, Daiseki Co ranks #76 out of 95 companies in the Waste Management industry, placing it in the top 80%.
Is Daiseki Co's Net Current Asset Value too high?
Daiseki Co's current Net Current Asset Value of 円278.01 is 3336% above median its 10-year median of 8.09. Over the past 10 years, this metric has ranged from a low of 4.40 to a high of 14.23. Based on the distribution chart, Daiseki Co ranks #76 out of 95 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Daiseki Co has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Daiseki Co's Net Current Asset Value compare to WM and RSG?
According to the Waste Management industry distribution chart, Daiseki Co ranks #76 out of 95 companies for Net Current Asset Value. This places Daiseki Co in the lower half of its industry. The industry median Net Current Asset Value is 4.23. Historically, Daiseki Co's own Net Current Asset Value has ranged from 4.40 to 14.23 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 Waste Management company?
The median Net Current Asset Value among Waste Management companies is 4.23, based on 95 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 Daiseki Co and its competitors. For the Waste Management industry, the median Net Current Asset Value is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiseki Co's current Net Current Asset Value is 円278.01, which is 3336% above median its own 10-year median of 8.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiseki Co stock overvalued right now?
Based on GuruFocus' analysis, Daiseki Co (TSE:9793) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,153.91, compared to a current price of 円3,730.00 — trading 10.2% below its estimated fair value. The current Net Current Asset Value is 円278.01, which is 3336% above median its 10-year median of 8.09. Daiseki Co's overall GF Score™ is 97/100 with 1 warning sign 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 Daiseki Co (TSE:9793), the current Net Current Asset Value is 円278.01 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 Daiseki Co (TSE:9793) Overvalued in 2026?
Based on GuruFocus' analysis, Daiseki Co stock appears to be undervalued.
The current stock price of 円3,730.00 is trading 10.2% below its estimated GF Value™ of 円4,153.91.
GuruFocus considers Daiseki Co to be Modestly Undervalued.
Key valuation signals for TSE:9793:
Net Current Asset Value: 円278.01 (3336% above median its 10-year median of 8.09)
GF Value™: 円4,153.91 vs. price of 円3,730.00 (10.2% below fair value)
No single metric tells the full story. See the TSE:9793 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiseki Co Ltd provides industrial waste treatment and resource recycling throughout Japan. Its core business activities are treating waste oil, waste water, and sludge. It collects and recycles oils and wastewater from clients and processes the waste into heavy oil or supplemental fuel. Separators and filters remove deteriorated components, and other systems either refine or adjust products into a reusable form. Final products are either delivered back to clients or shipped to market. Advance technology partners with experienced employees to analyze and classify the particular waste to determine the correct solution; methods revolve around dehydration, kneading, and a combination of mixing and chemical treatment.
97GF 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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