MITCF (Mitani) Net-Net Working Capital: $5.86 (As of Mar. 2026)


MITCF Mitani Corp MITCF
77 GF Score
Price $13.17
GF Value $11.15
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What is Mitani Net-Net Working Capital?

Mitani MITCF 77 Net-Net Working Capital is $5.86 as of Mar. 2026. GuruFocus rates MITCF with a GF Score™ of 77/100 and a GF Value™ of $11.15. Among 111 Conglomerates companies, Mitani ranks better than 69.37% 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.

Mitani's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $5.86.

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

MITCF's Price-to-Net-Net-Working-Capital is ranked better than
69.37% of 111 companies
in the Conglomerates industry
Industry Median: 5.57 vs MITCF: 2.69

Mitani  (OTCPK:MITCF) 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.


Mitani Net-Net Working Capital Related Terms


Mitani Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Mitani'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.

Mitani Net-Net Working Capital Chart

Mitani Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.50 3.53 3.86 4.97 5.86

Mitani Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.97 5.35 5.58 5.08 5.86

MITCF vs HON, MMM: Net-Net Working Capital Comparison

For the Conglomerates subindustry, Mitani'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.


Mitani Price-to-Net-Net-Working-Capital vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mitani's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


MITCF
77GF Score
Mitani Corp MITCF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitani Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(906.079+0.75 * 459.281+0.5 * 102.891-669.153
-0-142.775)/83.624
=5.86

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

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(906.079+0.75 * 459.281+0.5 * 102.891-669.153
-0-142.775)/83.624
=5.86

* 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 $5.86 mean?
Mitani (MITCF) has a Net-Net Working Capital of $5.86 as of Mar. 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 Mitani According to the industry distribution chart, Mitani ranks #34 out of 111 companies in the Conglomerates industry, placing it in the top 30.6%.
Is Mitani's Net-Net Working Capital too high?
Mitani's current Net-Net Working Capital is $5.86. The Conglomerates industry median Net-Net Working Capital is 5.57. Mitani's value of $5.86 is 5.2% above this industry median. Based on the distribution chart, Mitani ranks #34 out of 111 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Mitani has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Mitani's Net-Net Working Capital compare to HON and MMM?
According to the Conglomerates industry distribution chart, Mitani ranks #34 out of 111 companies for Net-Net Working Capital. This puts Mitani in the upper half of its industry. The industry median Net-Net Working Capital is 5.57. Mitani's value of $5.86 is 5.2% 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 Conglomerates company?
The median Net-Net Working Capital among Conglomerates companies is 5.57, based on 111 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. Mitani's current Net-Net Working Capital of $5.86 is 5.2% 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 Mitani For the Conglomerates industry, the median Net-Net Working Capital is 5.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitani's current Net-Net Working Capital is $5.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitani stock overvalued right now?
Mitani (MITCF) has a current Net-Net Working Capital of $5.86. The stock's GF Value™ is $11.15, compared to a current price of $13.17 — trading 18.2% above its estimated fair value. The current Net-Net Working Capital is $5.86 and 5.2% above the Conglomerates industry median of 5.57. Mitani's overall GF Score™ is 77/100. 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 Mitani (MITCF), the current Net-Net Working Capital is $5.86 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 Mitani (MITCF) Overvalued in 2026?

Based on GuruFocus' analysis, Mitani stock appears to be overvalued. The current stock price of $13.17 is trading 18.2% above its estimated GF Value™ of $11.15.

Key valuation signals for MITCF:

  • Net-Net Working Capital: $5.86
  • GF Value™: $11.15 vs. price of $13.17 (18.2% above fair value)
  • GF Score™: 77/100
  • Industry Position: 5.2% above the Conglomerates median (#34 of 111)

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


Mitani Business Description

Other Exchanges 8066:Japan
Address 1-6-5 Marunouchi, Tokyo Marunouchi North Exit Building, 2 Floor, Chiyoda-ku, Tokyo, JPN
Mitani Corp is in the businesses of Information systems, Construction, Energy and other businesses. The firm's information systems business comprises of system integration focusing on planning, developing, managing and supporting computer systems, networks, and software as well as the sale of related devices. Construction business develops, sells and manages construction materials. Its energy business sells oil, petrochemical products, coal and liquid petroleum gas. Other businesses of the firm include wind power, industrial equipment, storage facilities, lease services, restaurant management and senior lifestyle businesses.
77GF Score

Get the complete analysis for MITCF

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

$13.17
Price
$11.15
GF Value