Gfoot Co (NGO:2686) Net-Net Working Capital: 円-470.98 (As of Feb. 2026)

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NGO:2686 Gfoot Co Ltd NGO:2686
29 GF Score
Price 円297.00
GF Value 円249.05
! 5 Warning Signs
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What is Gfoot Co Net-Net Working Capital?

Gfoot Co NGO:2686 29 Net-Net Working Capital is 円-470.98 as of Feb. 2026. GuruFocus rates NGO:2686 with a GF Score™ of 29/100 and a GF Value™ of 円249.05. The stock has 5 warning signs investors should review. Among 321 Retail - Cyclical companies, Gfoot Co ranks worse than 311526.17% 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.

Gfoot Co's Net-Net Working Capital for the quarter that ended in Feb. 2026 was 円-470.98.

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

NGO:2686's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Cyclical industry.
Industry Median: 6.23
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Gfoot Co  (NGO:2686) 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.


Gfoot Co Net-Net Working Capital Related Terms


Gfoot Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Gfoot 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.

Gfoot Co Net-Net Working Capital Chart

Gfoot 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 -471.60 -538.71 -544.54 -356.13 -470.98

Gfoot Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 -544.54 -531.69 -356.13 -416.05 -470.98

NGO:2686 vs TJX, ROST, BURL: Net-Net Working Capital Comparison

For the Apparel Retail subindustry, Gfoot 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.


Gfoot Co Price-to-Net-Net-Working-Capital vs Retail - Cyclical Industry

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

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


NGO:2686
29GF Score
Gfoot Co Ltd NGO:2686
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gfoot Co Net-Net Working Capital Calculation

Gfoot 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)
=(672+0.75 * 2534+0.5 * 23867-34555
-0-0)/42.569
=-470.98

Gfoot 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)
=(672+0.75 * 2534+0.5 * 23867-34555
-0-0)/42.569
=-470.98

* 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-470.98 mean?
Gfoot Co (NGO:2686) has a Net-Net Working Capital of 円-470.98 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 Gfoot Co According to the industry distribution chart, Gfoot Co ranks #999999 out of 321 companies in the Retail - Cyclical industry.
Is Gfoot Co's Net-Net Working Capital too high?
Gfoot Co's current Net-Net Working Capital is 円-470.98. Based on the distribution chart, Gfoot Co ranks #999999 out of 321 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Gfoot Co has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Gfoot Co's Net-Net Working Capital compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Gfoot Co ranks #999999 out of 321 companies for Net-Net Working Capital. This places Gfoot Co in the lower half of its industry. The industry median Net-Net Working Capital is 6.23. 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 Retail - Cyclical company?
The median Net-Net Working Capital among Retail - Cyclical companies is 6.23, based on 321 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 Gfoot Co For the Retail - Cyclical industry, the median Net-Net Working Capital is 6.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gfoot Co's current Net-Net Working Capital is 円-470.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gfoot Co stock overvalued right now?
Gfoot Co (NGO:2686) has a current Net-Net Working Capital of 円-470.98. The stock's GF Value™ is 円249.05, compared to a current price of 円297.00 — trading 19.3% above its estimated fair value. The current Net-Net Working Capital is 円-470.98. Gfoot Co's overall GF Score™ is 29/100 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 Gfoot Co (NGO:2686), the current Net-Net Working Capital is 円-470.98 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 Gfoot Co (NGO:2686) Overvalued in 2026?

Based on GuruFocus' analysis, Gfoot Co stock appears to be overvalued. The current stock price of 円297.00 is trading 19.3% above its estimated GF Value™ of 円249.05.

Key valuation signals for NGO:2686:

  • Net-Net Working Capital: 円-470.98
  • GF Value™: 円249.05 vs. price of 円297.00 (19.3% above fair value)
  • GF Score™: 29/100 with 5 warning signs

No single metric tells the full story. See the NGO:2686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gfoot Co Business Description

Other Exchanges 2686:Japan
Address 1-14-1 Shinkawa, Kokukan Building, Shinkawa East, Chuo-ku, Tokyo, JPN
Gfoot Co Ltd operates a shoe store chain. It offers sports shoes, children shoes, athletic shoes and women and men shoes. The company also provides shoe repair supplies and services. It sells its products under the brand name Asbee, Green box, heal me, Asbie Kids, and others.
29GF Score

Get the complete analysis for NGO:2686

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

円297.00
Price
円249.05
GF Value