YOKEY (Yokogawa Electric) Net Current Asset Value: $13.66 (As of Mar. 2026) — 234% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

YOKEY Yokogawa Electric Corp YOKEY
88 GF Score
Price $69.09
GF Value $50.95
Valuation Modestly Overvalued
View Full Analysis

What is Yokogawa Electric Net Current Asset Value?

Yokogawa Electric YOKEY 88 Net Current Asset Value is $13.66 as of Mar. 2026, which is 234% above its 10-year median of 4.09. GuruFocus rates YOKEY with a GF Score™ of 88/100 and a GF Value™ of $50.95 (Modestly Overvalued). Among 2,213 Industrial Products companies, Yokogawa Electric ranks worse than 50.25% 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).

Yokogawa Electric's net current asset value per share for the quarter that ended in Mar. 2026 was $13.66.

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

YOKEY' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.78   Med: 4.09   Max: 5.89
Current: 5.04

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Yokogawa Electric was 5.89. The lowest was 2.78. And the median was 4.09.

YOKEY's Price-to-Net-Current-Asset-Value is ranked worse than
50.25% of 2213 companies
in the Industrial Products industry
Industry Median: 5.04 vs YOKEY: 5.04

Yokogawa Electric  (OTCPK:YOKEY) 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.


Yokogawa Electric Net Current Asset Value Related Terms


Yokogawa Electric Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Yokogawa Electric'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.

Yokogawa Electric Net Current Asset Value Chart

Yokogawa Electric Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.96 8.87 11.24 12.74 13.66

Yokogawa Electric Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only 12.74 12.97 13.65 13.38 13.66

YOKEY vs GEV, ETN, PH: Net Current Asset Value Comparison

For the Specialty Industrial Machinery subindustry, Yokogawa Electric'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.


Yokogawa Electric Price-to-Net-Current-Asset-Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Yokogawa Electric's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


YOKEY
88GF Score
Yokogawa Electric Corp YOKEY
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yokogawa Electric Net Current Asset Value Calculation

Yokogawa Electric's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3476.088-1674.562-62.25-0)/127.314
=13.66

Yokogawa Electric's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3476.088-1674.562-62.25-0)/127.314
=13.66

* 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 $13.66 mean?
Yokogawa Electric (YOKEY) has a Net Current Asset Value of $13.66 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 Yokogawa Electric and its competitors. This is 234% above median its historical median of 4.09. Over the past decade, Yokogawa Electric's Net Current Asset Value has ranged from 2.78 to 5.89. According to the industry distribution chart, Yokogawa Electric ranks #1112 out of 2213 companies in the Industrial Products industry, placing it in the top 50.2%.
Is Yokogawa Electric's Net Current Asset Value too high?
Yokogawa Electric's current Net Current Asset Value of $13.66 is 234% above median its 10-year median of 4.09. Over the past 10 years, this metric has ranged from a low of 2.78 to a high of 5.89. The Industrial Products industry median Net Current Asset Value is 5.04. Yokogawa Electric's value of $13.66 is 171% above this industry median. Based on the distribution chart, Yokogawa Electric ranks #1112 out of 2213 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Yokogawa Electric has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yokogawa Electric's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Yokogawa Electric ranks #1112 out of 2213 companies for Net Current Asset Value. This places Yokogawa Electric in the lower half of its industry. The industry median Net Current Asset Value is 5.04. Yokogawa Electric's value of $13.66 is 171% above this benchmark. Historically, Yokogawa Electric's own Net Current Asset Value has ranged from 2.78 to 5.89 over the past decade. While the company's 10-year median is 4.09 vs. the industry median of 5.04, Yokogawa Electric 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.04, based on 2,213 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. Yokogawa Electric's current Net Current Asset Value of $13.66 is 171% 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 Yokogawa Electric and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yokogawa Electric's current Net Current Asset Value is $13.66, which is 234% above median its own 10-year median of 4.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yokogawa Electric stock overvalued right now?
Based on GuruFocus' analysis, Yokogawa Electric (YOKEY) is currently considered Modestly Overvalued. The stock's GF Value™ is $50.95, compared to a current price of $69.09 — trading 35.6% above its estimated fair value. The current Net Current Asset Value is $13.66, which is 234% above median its 10-year median of 4.09 and 171% above the Industrial Products industry median of 5.04. Yokogawa Electric's overall GF Score™ is 88/100. 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 Yokogawa Electric (YOKEY), the current Net Current Asset Value is $13.66 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 Yokogawa Electric (YOKEY) Overvalued in 2026?

Based on GuruFocus' analysis, Yokogawa Electric stock appears to be overvalued. The current stock price of $69.09 is trading 35.6% above its estimated GF Value™ of $50.95. GuruFocus considers Yokogawa Electric to be Modestly Overvalued.

Key valuation signals for YOKEY:

  • Net Current Asset Value: $13.66 (234% above median its 10-year median of 4.09)
  • GF Value™: $50.95 vs. price of $69.09 (35.6% above fair value)
  • GF Score™: 88/100
  • Industry Position: 171% above the Industrial Products median (#1112 of 2213)

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


Yokogawa Electric Business Description

Address 2-9-32 Nakamachi, Musashino-shi, Tokyo, JPN, 180-8750
Yokogawa Electric Corporation is a Japanese electrical engineering and software company. The company operates through three segments: Control, Measuring Instruments, and New Business etc. The Control segment offers sensors, analyzers, production control systems, software, and related services. The Measuring Instruments segment provides waveform, optical communication, signal, and various measuring devices. The New Business, etc. segment focuses on IoT- and AI-based services as well as biomass material operations. The company generates the majority of its revenue from the Control segment.
88GF Score

Get the complete analysis for YOKEY

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

$69.09
Price
$50.95
GF Value