Toyo Suisan KaishaTSUKF 91 Net Current Asset Value is $17.20 as of Mar. 2026, which is 348% above its 10-year median of 3.84. GuruFocus rates TSUKF with a GF Score™ of 91/100 and a GF Value™ of $74.56 (Modestly Undervalued). Among 1,051 Consumer Packaged Goods companies, Toyo Suisan Kaisha ranks better than 51.95% 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).
Toyo Suisan Kaisha's net current asset value per share for the quarter that ended in Mar. 2026 was $17.20.
The historical rank and industry rank for Toyo Suisan Kaisha's Net Current Asset Value or its related term are showing as below:
TSUKF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.73 Med: 3.84 Max: 4.45
Current: 3.86
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Toyo Suisan Kaisha was 4.45. The lowest was 2.73. And the median was 3.84.
TSUKF's Price-to-Net-Current-Asset-Value is ranked better than 51.95% of 1051
companies
in the Consumer Packaged Goods industry
Industry Median: 4.21
vs TSUKF: 3.86
Toyo Suisan Kaisha (OTCPK:TSUKF) 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.
Toyo Suisan Kaisha Net Current Asset Value Related Terms
Toyo Suisan Kaisha Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Toyo Suisan Kaisha'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.
TSUKF vs KHC, GIS: Net Current Asset Value Comparison
For the Packaged Foods subindustry, Toyo Suisan Kaisha'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.
Toyo Suisan Kaisha Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Toyo Suisan Kaisha's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Toyo Suisan Kaisha'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 $17.20 mean?
Toyo Suisan Kaisha (TSUKF) has a Net Current Asset Value of $17.20 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Toyo Suisan Kaisha and its competitors. This is 348% above median its historical median of 3.84. Over the past decade, Toyo Suisan Kaisha's Net Current Asset Value has ranged from 2.73 to 4.45. According to the industry distribution chart, Toyo Suisan Kaisha ranks #505 out of 1051 companies in the Consumer Packaged Goods industry, placing it in the top 48%.
Is Toyo Suisan Kaisha's Net Current Asset Value too high?
Toyo Suisan Kaisha's current Net Current Asset Value of $17.20 is 348% above median its 10-year median of 3.84. Over the past 10 years, this metric has ranged from a low of 2.73 to a high of 4.45. The Consumer Packaged Goods industry median Net Current Asset Value is 4.21. Toyo Suisan Kaisha's value of $17.20 is 308.6% above this industry median. Based on the distribution chart, Toyo Suisan Kaisha ranks #505 out of 1051 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Toyo Suisan Kaisha has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toyo Suisan Kaisha's Net Current Asset Value compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Toyo Suisan Kaisha ranks #505 out of 1051 companies for Net Current Asset Value. This puts Toyo Suisan Kaisha in the upper half of its industry. The industry median Net Current Asset Value is 4.21. Toyo Suisan Kaisha's value of $17.20 is 308.6% above this benchmark. Historically, Toyo Suisan Kaisha's own Net Current Asset Value has ranged from 2.73 to 4.45 over the past decade. While the company's 10-year median is 3.84 vs. the industry median of 4.21, Toyo Suisan Kaisha has consistently been above the industry average. 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 Consumer Packaged Goods company?
The median Net Current Asset Value among Consumer Packaged Goods companies is 4.21, based on 1,051 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. Toyo Suisan Kaisha's current Net Current Asset Value of $17.20 is 308.6% above the industry median. 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 Toyo Suisan Kaisha and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Suisan Kaisha's current Net Current Asset Value is $17.20, which is 348% above median its own 10-year median of 3.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Suisan Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Toyo Suisan Kaisha (TSUKF) is currently considered Modestly Undervalued. The stock's GF Value™ is $74.56, compared to a current price of $64.12 — trading 14% below its estimated fair value. The current Net Current Asset Value is $17.20, which is 348% above median its 10-year median of 3.84 and 308.6% above the Consumer Packaged Goods industry median of 4.21. Toyo Suisan Kaisha's overall GF Score™ is 91/100. 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 Toyo Suisan Kaisha (TSUKF), the current Net Current Asset Value is $17.20 as of Mar. 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 Toyo Suisan Kaisha (TSUKF) Overvalued in 2026?
Based on GuruFocus' analysis, Toyo Suisan Kaisha stock appears to be undervalued.
The current stock price of $64.12 is trading 14% below its estimated GF Value™ of $74.56.
GuruFocus considers Toyo Suisan Kaisha to be Modestly Undervalued.
Key valuation signals for TSUKF:
Net Current Asset Value: $17.20 (348% above median its 10-year median of 3.84)
GF Value™: $74.56 vs. price of $64.12 (14% below fair value)
Industry Position: 308.6% above the Consumer Packaged Goods median (#505 of 1051)
No single metric tells the full story. See the TSUKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toyo Suisan is one of Japan's leading packaged food companies, best known for its Maruchan brand instant noodles. The company also produces and sells fresh and frozen foods, particularly seafood, with sales of its packaged and processed foods channeled to both commercial and retail customers. As of September 2025, around 55% of revenue originates in Japan. Sales in the US and Mexico are significant drivers of its ex-Japan revenue.
91GF Score
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