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Kitakei CoTSE:9872 -0.32%68 Net Current Asset Value is 円1,154.01 as of May. 2026, which is 100% below its 10-year median of 0.87. GuruFocus rates TSE:9872 with a GF Score™ of 68/100 and a GF Value™ of 円625.41 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,062 Construction companies, Kitakei Co ranks better than 91.81% 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).
Kitakei Co's net current asset value per share for the quarter that ended in May. 2026 was 円1,154.01.
The historical rank and industry rank for Kitakei Co's Net Current Asset Value or its related term are showing as below:
TSE:9872'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.68 Med: 0.87 Max: 1.22
Current: 0.8
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Kitakei Co was 1.22. The lowest was 0.68. And the median was 0.87.
TSE:9872's Price-to-Net-Current-Asset-Value is ranked better than 91.81% of 1062
companies
in the Construction industry
Industry Median: 3.205
vs TSE:9872: 0.80
Kitakei Co (TSE:9872) 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.
Kitakei Co Net Current Asset Value Related Terms
Kitakei Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Kitakei 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:9872 vs TT, JCI, CARR: Net Current Asset Value Comparison
For the Building Products & Equipment subindustry, Kitakei 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.
Kitakei Co Price-to-Net-Current-Asset-Value vs Construction Industry
For the Construction industry and Industrials sector, Kitakei Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Kitakei 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1,154.01 mean?
Kitakei Co (TSE:9872) has a Net Current Asset Value of 円1,154.01 as of May. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Kitakei Co and its competitors. This is 132545% above median its historical median of 0.87. Over the past decade, Kitakei Co's Net Current Asset Value has ranged from 0.68 to 1.22. According to the industry distribution chart, Kitakei Co ranks #87 out of 1062 companies in the Construction industry, placing it in the top 8.2%.
Is Kitakei Co's Net Current Asset Value too high?
Kitakei Co's current Net Current Asset Value of 円1,154.01 is 132545% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.22. Based on the distribution chart, Kitakei Co ranks #87 out of 1062 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Kitakei Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kitakei Co's Net Current Asset Value compare to TT and JCI?
According to the Construction industry distribution chart, Kitakei Co ranks #87 out of 1062 companies for Net Current Asset Value. This places Kitakei Co in the top 8% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.21. Historically, Kitakei Co's own Net Current Asset Value has ranged from 0.68 to 1.22 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 3.21, based on 1,062 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 Kitakei Co and its competitors. For the Construction industry, the median Net Current Asset Value is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kitakei Co's current Net Current Asset Value is 円1,154.01, which is 132545% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kitakei Co stock overvalued right now?
Based on GuruFocus' analysis, Kitakei Co (TSE:9872) is currently considered Significantly Overvalued. The stock's GF Value™ is 円625.41, compared to a current price of 円927.00 — trading 48.2% above its estimated fair value. The current Net Current Asset Value is 円1,154.01, which is 132545% above median its 10-year median of 0.87. Kitakei Co's overall GF Score™ is 68/100 with 2 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 Kitakei Co (TSE:9872), the current Net Current Asset Value is 円1,154.01 as of May. 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 Kitakei Co (TSE:9872) Overvalued in 2026?
Based on GuruFocus' analysis, Kitakei Co stock appears to be overvalued.
The current stock price of 円927.00 is trading 48.2% above its estimated GF Value™ of 円625.41.
GuruFocus considers Kitakei Co to be Significantly Overvalued.
Key valuation signals for TSE:9872:
Net Current Asset Value: 円1,154.01 (132545% above median its 10-year median of 0.87)
GF Value™: 円625.41 vs. price of 円927.00 (48.2% above fair value)
No single metric tells the full story. See the TSE:9872 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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