Kose HoldingsKOSCF 72 Net-Net Working Capital is $6.94 as of Dec. 2025. GuruFocus rates KOSCF with a GF Score™ of 72/100 and a GF Value™ of $61.24 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 661 Consumer Packaged Goods companies, Kose Holdings ranks worse than 54.77% 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.
Kose Holdings's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $6.94.
The industry rank for Kose Holdings's Net-Net Working Capital or its related term are showing as below:
KOSCF's Price-to-Net-Net-Working-Capital is ranked worse than 54.77% of 661
companies
in the Consumer Packaged Goods industry
Industry Median: 6.51
vs KOSCF: 7.37
Kose Holdings (OTCPK:KOSCF) 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.
Kose Holdings Net-Net Working Capital Related Terms
Kose Holdings Net-Net Working Capital Historical Data
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The historical data trend for Kose Holdings'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.
KOSCF vs PG, CL, KVUE: Net-Net Working Capital Comparison
For the Household & Personal Products subindustry, Kose Holdings'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.
Kose Holdings Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Kose Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Kose Holdings's Price-to-Net-Net-Working-Capital 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.
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 $6.94 mean?
Kose Holdings (KOSCF) has a Net-Net Working Capital of $6.94 as of Dec. 2025. 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 Kose Holdings According to the industry distribution chart, Kose Holdings ranks #362 out of 661 companies in the Consumer Packaged Goods industry, placing it in the top 54.8%.
Is Kose Holdings' Net-Net Working Capital too high?
Kose Holdings' current Net-Net Working Capital is $6.94. The Consumer Packaged Goods industry median Net-Net Working Capital is 6.51. Kose Holdings' value of $6.94 is 6.6% above this industry median. Based on the distribution chart, Kose Holdings ranks #362 out of 661 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Kose Holdings has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kose Holdings' Net-Net Working Capital compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Kose Holdings ranks #362 out of 661 companies for Net-Net Working Capital. This places Kose Holdings in the lower half of its industry. The industry median Net-Net Working Capital is 6.51. Kose Holdings' value of $6.94 is 6.6% above this benchmark. 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 Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.51, based on 661 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. Kose Holdings's current Net-Net Working Capital of $6.94 is 6.6% 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-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 Kose Holdings For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kose Holdings's current Net-Net Working Capital is $6.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kose Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kose Holdings (KOSCF) is currently considered Significantly Undervalued. The stock's GF Value™ is $61.24, compared to a current price of $33.38 — trading 45.5% below its estimated fair value. The current Net-Net Working Capital is $6.94 and 6.6% above the Consumer Packaged Goods industry median of 6.51. Kose Holdings' overall GF Score™ is 72/100 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 Kose Holdings (KOSCF), the current Net-Net Working Capital is $6.94 as of Dec. 2025. 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 Kose Holdings (KOSCF) Overvalued in 2026?
Based on GuruFocus' analysis, Kose Holdings stock appears to be undervalued.
The current stock price of $33.38 is trading 45.5% below its estimated GF Value™ of $61.24.
GuruFocus considers Kose Holdings to be Significantly Undervalued.
Key valuation signals for KOSCF:
Net-Net Working Capital: $6.94
GF Value™: $61.24 vs. price of $33.38 (45.5% below fair value)
Industry Position: 6.6% above the Consumer Packaged Goods median (#362 of 661)
No single metric tells the full story. See the KOSCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kose is Japan's second-largest beauty company, best known for its prestige skincare brands such as Decorte and Albion. Founded in 1946, the company remains under the management of the Kobayashi family. Albion, a fully consolidated subsidiary in which Kose holds a 79.5% stake, operates independently under a separate brand of the Kobayashi family. With a portfolio of 37 brands spanning multiple price points, the group captured approximately 15% of Japan's premium beauty segment in 2024, according to Euromonitor. Japan remains its core market, contributing over 60% of sales, followed by North America (19%) and Asia (13%). The company distributes its products through a diversified channel mix of department stores, specialty retailers, drugstores, travel retail, and e-commerce platforms.
72GF Score
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