Media Five Co (FSE:3824) Net-Net Working Capital: 円204.96 (As of May. 2026)

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.

FSE:3824 Media Five Co FSE:3824
50 GF Score
Price 円750.00
GF Value 円614.09
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Media Five Co Net-Net Working Capital?

Media Five Co FSE:3824 50 Net-Net Working Capital is 円204.96 as of May. 2026. GuruFocus rates FSE:3824 with a GF Score™ of 50/100 and a GF Value™ of 円614.09 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,227 Software companies, Media Five Co ranks better than 74.82% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Media Five Co's Net-Net Working Capital for the quarter that ended in May. 2026 was 円204.96.

The industry rank for Media Five Co's Net-Net Working Capital or its related term are showing as below:

FSE:3824's Price-to-Net-Net-Working-Capital is ranked better than
74.82% of 1227 companies
in the Software industry
Industry Median: 7.11 vs FSE:3824: 3.66

Media Five Co  (FSE:3824) Net-Net Working Capital Explanation

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 value. They are collected under our Net-Net screener.


Media Five Co Net-Net Working Capital Related Terms


Media Five Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Media Five Co's Net-Net Working Capital 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.

Media Five Co Net-Net Working Capital Chart

Media Five Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 143.75 162.32 95.29 185.16 204.96

Media Five Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Net-Net Working Capital 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 185.16 196.18 183.93 238.27 204.96

FSE:3824 vs IBM, ACN, CTSH: Net-Net Working Capital Comparison

For the Information Technology Services subindustry, Media Five Co's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


Media Five Co Price-to-Net-Net-Working-Capital vs Software Industry

For the Software industry and Technology sector, Media Five Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Media Five Co's Price-to-Net-Net-Working-Capital falls into.


FSE:3824
50GF Score
Media Five Co FSE:3824
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Media Five Co Net-Net Working Capital Calculation

Media Five Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in May. 2026 is calculated as

Net-Net Working Capital(A: May. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(486.913+0.75 * 168.137+0.5 * 7.868-424.283
-0-0)/0.940
=204.96

Media Five Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in May. 2026 is calculated as

Net-Net Working Capital(Q: May. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(486.913+0.75 * 168.137+0.5 * 7.868-424.283
-0-0)/0.940
=204.96

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

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.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of 円204.96 mean?
Media Five Co (FSE:3824) has a Net-Net Working Capital of 円204.96 as of May. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Media Five Co According to the industry distribution chart, Media Five Co ranks #309 out of 1227 companies in the Software industry, placing it in the top 25.2%.
Is Media Five Co's Net-Net Working Capital too high?
Media Five Co's current Net-Net Working Capital is 円204.96. Based on the distribution chart, Media Five Co ranks #309 out of 1227 companies in the Software industry, which is above the industry midpoint. Overall, Media Five Co has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Media Five Co's Net-Net Working Capital compare to IBM and ACN?
According to the Software industry distribution chart, Media Five Co ranks #309 out of 1227 companies for Net-Net Working Capital. This puts Media Five Co in the upper half of its industry. The industry median Net-Net Working Capital is 7.11. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Software company?
The median Net-Net Working Capital among Software companies is 7.11, based on 1,227 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital 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-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Media Five Co For the Software industry, the median Net-Net Working Capital is 7.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Media Five Co's current Net-Net Working Capital is 円204.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Media Five Co stock overvalued right now?
Based on GuruFocus' analysis, Media Five Co (FSE:3824) is currently considered Modestly Overvalued. The stock's GF Value™ is 円614.09, compared to a current price of 円750.00 — trading 22.1% above its estimated fair value. The current Net-Net Working Capital is 円204.96. Media Five Co's overall GF Score™ is 50/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Media Five Co (FSE:3824), the current Net-Net Working Capital is 円204.96 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 Media Five Co (FSE:3824) Overvalued in 2026?

Based on GuruFocus' analysis, Media Five Co stock appears to be overvalued. The current stock price of 円750.00 is trading 22.1% above its estimated GF Value™ of 円614.09. GuruFocus considers Media Five Co to be Modestly Overvalued.

Key valuation signals for FSE:3824:

  • Net-Net Working Capital: 円204.96
  • GF Value™: 円614.09 vs. price of 円750.00 (22.1% above fair value)
  • GF Score™: 50/100 with 2 warning signs

No single metric tells the full story. See the FSE:3824 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Media Five Co Business Description

Address Fukuoka Prefecture, Chuo-ku, Fukuoka Yakuin 1 Chome, Yakuin Business Garden, sixth floor, Yubinbango, Fukuoka-City, JPN, 810-0022
Media Five Co is a Japanese firm engaged in the provision of software development-related information technology (IT) engineers to computer companies. It develops customized system integration software, including a sales management system for cram schools. It also has a restaurant and childcare services business.
50GF Score

Get the complete analysis for FSE:3824

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

円750.00
Price
円614.09
GF Value