MMSMY (Mitsui Kinzoku Co) Net-Net Working Capital: $-0.55 (As of Mar. 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.

MMSMY Mitsui Kinzoku Co Ltd MMSMY
72 GF Score
Price $41.40
GF Value $7.26
Valuation Significantly Overvalued
View Full Analysis

What is Mitsui Kinzoku Co Net-Net Working Capital?

Mitsui Kinzoku Co MMSMY +6.51% 72 Net-Net Working Capital is $-0.55 as of Mar. 2026. GuruFocus rates MMSMY with a GF Score™ of 72/100 and a GF Value™ of $7.26 (Significantly Overvalued). Among 113 Conglomerates companies, Mitsui Kinzoku Co ranks worse than 884954.87% 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.

Mitsui Kinzoku Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-0.55.

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

MMSMY's Price-to-Net-Net-Working-Capital is not ranked *
in the Conglomerates industry.
Industry Median: 5.76
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Mitsui Kinzoku Co  (OTCPK:MMSMY) 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.


Mitsui Kinzoku Co Net-Net Working Capital Related Terms


Mitsui Kinzoku Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Mitsui Kinzoku 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.

Mitsui Kinzoku Co Net-Net Working Capital Chart

Mitsui Kinzoku Co 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 -5.56 -4.72 -3.70 -2.35 -0.55

Mitsui Kinzoku Co 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 -2.35 -2.53 -2.06 -1.10 -0.55

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

For the Conglomerates subindustry, Mitsui Kinzoku 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.


Mitsui Kinzoku Co Price-to-Net-Net-Working-Capital vs Conglomerates Industry

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

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


MMSMY
72GF Score
Mitsui Kinzoku Co Ltd MMSMY
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsui Kinzoku Co Net-Net Working Capital Calculation

Mitsui Kinzoku Co'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)
=(367.217+0.75 * 805.444+0.5 * 1341.57-1742.931
-0-55.841)/286.062
=-0.55

Mitsui Kinzoku Co'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)
=(367.217+0.75 * 805.444+0.5 * 1341.57-1742.931
-0-55.841)/286.062
=-0.55

* 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 $-0.55 mean?
Mitsui Kinzoku Co (MMSMY) has a Net-Net Working Capital of $-0.55 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 Mitsui Kinzoku Co According to the industry distribution chart, Mitsui Kinzoku Co ranks #999999 out of 113 companies in the Conglomerates industry.
Is Mitsui Kinzoku Co's Net-Net Working Capital too high?
Mitsui Kinzoku Co's current Net-Net Working Capital is $-0.55. Based on the distribution chart, Mitsui Kinzoku Co ranks #999999 out of 113 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Mitsui Kinzoku Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsui Kinzoku Co's Net-Net Working Capital compare to HON and MMM?
According to the Conglomerates industry distribution chart, Mitsui Kinzoku Co ranks #999999 out of 113 companies for Net-Net Working Capital. This places Mitsui Kinzoku Co in the lower half of its industry. The industry median Net-Net Working Capital is 5.76. 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 5.76, based on 113 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 Mitsui Kinzoku Co For the Conglomerates industry, the median Net-Net Working Capital is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsui Kinzoku Co's current Net-Net Working Capital is $-0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsui Kinzoku Co stock overvalued right now?
Based on GuruFocus' analysis, Mitsui Kinzoku Co (MMSMY) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.26, compared to a current price of $41.40 — trading 470.2% above its estimated fair value. The current Net-Net Working Capital is $-0.55. Mitsui Kinzoku Co's overall GF Score™ is 72/100. 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 Mitsui Kinzoku Co (MMSMY), the current Net-Net Working Capital is $-0.55 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 Mitsui Kinzoku Co (MMSMY) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui Kinzoku Co stock appears to be overvalued. The current stock price of $41.40 is trading 470.2% above its estimated GF Value™ of $7.26. GuruFocus considers Mitsui Kinzoku Co to be Significantly Overvalued.

Key valuation signals for MMSMY:

  • Net-Net Working Capital: $-0.55
  • GF Value™: $7.26 vs. price of $41.40 (470.2% above fair value)
  • GF Score™: 72/100

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


Mitsui Kinzoku Co Business Description

Other Exchanges 5706:JapanMMG:Germany
Address 1-11-1 Osaki, Gate City Ohsaki, West Tower, 20th Floor, Shingagawa-ku, Tokyo, JPN, 141-8584
Mitsui Kinzoku Co Ltd is a Japanese company. The company is engaged in the manufacturing and sales of functional materials and electronic materials, non-ferrous metal smelting, resource development, precious metal recycling, materials-related businesses, manufacturing and sales of automotive parts, and others. The company operates in segments, namely, Engineered Materials, Metals, Business creation, Business evaluation, and other businesses.
72GF Score

Get the complete analysis for MMSMY

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

$41.40
Price
$7.26
GF Value