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Hirota Group Holdings CoNGO:3346 37 Net-Net Working Capital is 円-15.73 as of Mar. 2026. GuruFocus rates NGO:3346 with a GF Score™ of 37/100 and a GF Value™ of 円34.38 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 321 Retail - Cyclical companies, Hirota Group Holdings 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.
Hirota Group Holdings Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was 円-15.73.
The industry rank for Hirota Group Holdings Co's Net-Net Working Capital or its related term are showing as below:
NGO:3346's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Cyclical industry.
Industry Median: 6.16 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Hirota Group Holdings Co (NGO:3346) 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.
Hirota Group Holdings Co Net-Net Working Capital Related Terms
Hirota Group Holdings Co Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Hirota Group Holdings 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.
Hirota Group Holdings Co Net-Net Working Capital Chart
NGO:3346 vs CASY, WSM, ULTA: Net-Net Working Capital Comparison
For the Specialty Retail subindustry, Hirota Group Holdings 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.
Hirota Group Holdings Co Price-to-Net-Net-Working-Capital vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Hirota Group Holdings Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Hirota Group Holdings Co'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 円-15.73 mean?
Hirota Group Holdings Co (NGO:3346) has a Net-Net Working Capital of 円-15.73 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 Hirota Group Holdings Co According to the industry distribution chart, Hirota Group Holdings Co ranks #999999 out of 321 companies in the Retail - Cyclical industry.
Is Hirota Group Holdings Co's Net-Net Working Capital too high?
Hirota Group Holdings Co's current Net-Net Working Capital is 円-15.73. Based on the distribution chart, Hirota Group Holdings Co ranks #999999 out of 321 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Hirota Group Holdings Co has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hirota Group Holdings Co's Net-Net Working Capital compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Hirota Group Holdings Co ranks #999999 out of 321 companies for Net-Net Working Capital. This places Hirota Group Holdings Co in the lower half of its industry. The industry median Net-Net Working Capital is 6.16. 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 6.16, 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 Hirota Group Holdings Co For the Retail - Cyclical industry, the median Net-Net Working Capital is 6.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hirota Group Holdings Co's current Net-Net Working Capital is 円-15.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hirota Group Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Hirota Group Holdings Co (NGO:3346) is currently considered Significantly Overvalued. The stock's GF Value™ is 円34.38, compared to a current price of 円82.00 — trading 138.5% above its estimated fair value. The current Net-Net Working Capital is 円-15.73. Hirota Group Holdings Co's overall GF Score™ is 37/100 with 8 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 Hirota Group Holdings Co (NGO:3346), the current Net-Net Working Capital is 円-15.73 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 Hirota Group Holdings Co (NGO:3346) Overvalued in 2026?
Based on GuruFocus' analysis, Hirota Group Holdings Co stock appears to be overvalued.
The current stock price of 円82.00 is trading 138.5% above its estimated GF Value™ of 円34.38.
GuruFocus considers Hirota Group Holdings Co to be Significantly Overvalued.
Key valuation signals for NGO:3346:
Net-Net Working Capital: 円-15.73
GF Value™: 円34.38 vs. price of 円82.00 (138.5% above fair value)
No single metric tells the full story. See the NGO:3346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hirota Group Holdings Co Ltd is engaged in the sweets business and the beauty and healthcare business under a holding company structure. The Group has two reportable segments: the Sweets Business, which involves the manufacture, sale, and wholesale of Western and Japanese confectionery as well as frozen desserts, and the Beauty and Healthcare Business, which focuses on the sales of cosmetics and supplements, mainly at duty-free shops. It generates the majority of its revenue from the Sweets Business segment.
37GF Score
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