Marutongyo Co (FSE:7894) Net-Net Working Capital: 円-1,057.63 (As of Feb. 2026)

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FSE:7894 Maruto Sangyo Co Ltd FSE:7894
58 GF Score
Price 円2,135.00
GF Value 円2,050.40
Valuation Fairly Valued
! 5 Warning Signs
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What is Marutongyo Co Net-Net Working Capital?

Marutongyo Co FSE:7894 58 Net-Net Working Capital is 円-1,057.63 as of Feb. 2026. GuruFocus rates FSE:7894 with a GF Score™ of 58/100 and a GF Value™ of 円2,050.40 (Fairly Valued). The stock has 5 warning signs investors should review. Among 130 Packaging & Containers companies, Marutongyo Co ranks worse than 769230% 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.

Marutongyo Co's Net-Net Working Capital for the quarter that ended in Feb. 2026 was 円-1,057.63.

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

FSE:7894's Price-to-Net-Net-Working-Capital is not ranked *
in the Packaging & Containers industry.
Industry Median: 6.035
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Marutongyo Co  (FSE:7894) 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.


Marutongyo Co Net-Net Working Capital Related Terms


Marutongyo Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Marutongyo 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.

Marutongyo Co Net-Net Working Capital Chart

Marutongyo Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -385.69 -1,053.35 -1,448.39 -1,174.70 -1,057.63

Marutongyo Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 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 -1,387.48 -1,329.14 -1,330.38 -1,057.63 -917.80

FSE:7894 vs SW, AMCR, PKG: Net-Net Working Capital Comparison

For the Packaging & Containers subindustry, Marutongyo 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.


Marutongyo Co Price-to-Net-Net-Working-Capital vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Marutongyo Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


FSE:7894
58GF Score
Maruto Sangyo Co Ltd FSE:7894
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marutongyo Co Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Feb. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2915.997+0.75 * 4064.626+0.5 * 2112.397-8659.04
-0-40.077)/1.587
=-1,057.63

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

Net-Net Working Capital(Q: Feb. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2915.997+0.75 * 4064.626+0.5 * 2112.397-8659.04
-0-40.077)/1.587
=-1,057.63

* 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-1,057.63 mean?
Marutongyo Co (FSE:7894) has a Net-Net Working Capital of 円-1,057.63 as of Feb. 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 Marutongyo Co According to the industry distribution chart, Marutongyo Co ranks #999999 out of 130 companies in the Packaging & Containers industry.
Is Marutongyo Co's Net-Net Working Capital too high?
Marutongyo Co's current Net-Net Working Capital is 円-1,057.63. Based on the distribution chart, Marutongyo Co ranks #999999 out of 130 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Marutongyo Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marutongyo Co's Net-Net Working Capital compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Marutongyo Co ranks #999999 out of 130 companies for Net-Net Working Capital. This places Marutongyo Co in the lower half of its industry. The industry median Net-Net Working Capital is 6.04. 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 Packaging & Containers company?
The median Net-Net Working Capital among Packaging & Containers companies is 6.04, based on 130 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 Marutongyo Co For the Packaging & Containers industry, the median Net-Net Working Capital is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marutongyo Co's current Net-Net Working Capital is 円-1,057.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marutongyo Co stock overvalued right now?
Based on GuruFocus' analysis, Marutongyo Co (FSE:7894) is currently considered Fairly Valued. The stock's GF Value™ is 円2,050.40, compared to a current price of 円2,135.00 — trading 4.1% above its estimated fair value. The current Net-Net Working Capital is 円-1,057.63. Marutongyo Co's overall GF Score™ is 58/100 with 5 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 Marutongyo Co (FSE:7894), the current Net-Net Working Capital is 円-1,057.63 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 Marutongyo Co (FSE:7894) Overvalued in 2026?

Based on GuruFocus' analysis, Marutongyo Co stock appears to be overvalued. The current stock price of 円2,135.00 is trading 4.1% above its estimated GF Value™ of 円2,050.40. GuruFocus considers Marutongyo Co to be Fairly Valued.

Key valuation signals for FSE:7894:

  • Net-Net Working Capital: 円-1,057.63
  • GF Value™: 円2,050.40 vs. price of 円2,135.00 (4.1% above fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the FSE:7894 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marutongyo Co Business Description

Address 892-1 Hikata, Fukuoka, Ogori, JPN, 838-0112
Maruto Sangyo Co Ltd produces and sells laminated films and paper products for the packaging companies in Japan. It is also engaged in photogravure printing and bag-making, photogravure cylinder making, sales of paper packaging, packing paper, and label stickers, plastic molding products, and packing materials. It also sells packaging machinery and industrial machinery, agricultural-related materials, and horticultural equipment.
58GF Score

Get the complete analysis for FSE:7894

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

円2,135.00
Price
円2,050.40
GF Value