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SKY Perfect JSATSKPJF 70 Net-Net Working Capital is $0.24 as of Mar. 2026. GuruFocus rates SKPJF with a GF Score™ of 70/100 and a GF Value™ of $11.03. Among 387 Media - Diversified companies, SKY Perfect JSAT ranks worse than 94.83% 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.
SKY Perfect JSAT's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.24.
The industry rank for SKY Perfect JSAT's Net-Net Working Capital or its related term are showing as below:
SKPJF's Price-to-Net-Net-Working-Capital is ranked worse than 94.83% of 387
companies
in the Media - Diversified industry
Industry Median: 4.41
vs SKPJF: 53.27
SKY Perfect JSAT (OTCPK:SKPJF) 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.
SKY Perfect JSAT Net-Net Working Capital Related Terms
SKY Perfect JSAT Net-Net Working Capital Historical Data
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The historical data trend for SKY Perfect JSAT'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.
For the Broadcasting subindustry, SKY Perfect JSAT'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.
SKY Perfect JSAT Price-to-Net-Net-Working-Capital vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, SKY Perfect JSAT's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where SKY Perfect JSAT'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 $0.24 mean?
SKY Perfect JSAT (SKPJF) has a Net-Net Working Capital of $0.24 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 SKY Perfect JSAT According to the industry distribution chart, SKY Perfect JSAT ranks #367 out of 387 companies in the Media - Diversified industry, placing it in the top 94.8%.
Is SKY Perfect JSAT's Net-Net Working Capital too high?
SKY Perfect JSAT's current Net-Net Working Capital is $0.24. The Media - Diversified industry median Net-Net Working Capital is 4.41. SKY Perfect JSAT's value of $0.24 is 94.6% below this industry median. Based on the distribution chart, SKY Perfect JSAT ranks #367 out of 387 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, SKY Perfect JSAT has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does SKY Perfect JSAT's Net-Net Working Capital compare to NXST?
According to the Media - Diversified industry distribution chart, SKY Perfect JSAT ranks #367 out of 387 companies for Net-Net Working Capital. This places SKY Perfect JSAT in the lower half of its industry. The industry median Net-Net Working Capital is 4.41. SKY Perfect JSAT's value of $0.24 is 94.6% below 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 Media - Diversified company?
The median Net-Net Working Capital among Media - Diversified companies is 4.41, based on 387 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. SKY Perfect JSAT's current Net-Net Working Capital of $0.24 is 94.6% below 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 SKY Perfect JSAT For the Media - Diversified industry, the median Net-Net Working Capital is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SKY Perfect JSAT's current Net-Net Working Capital is $0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SKY Perfect JSAT stock overvalued right now?
SKY Perfect JSAT (SKPJF) has a current Net-Net Working Capital of $0.24. The stock's GF Value™ is $11.03, compared to a current price of $22.38 — trading 102.9% above its estimated fair value. The current Net-Net Working Capital is $0.24 and 94.6% below the Media - Diversified industry median of 4.41. SKY Perfect JSAT's overall GF Score™ is 70/100. 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 SKY Perfect JSAT (SKPJF), the current Net-Net Working Capital is $0.24 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 SKY Perfect JSAT (SKPJF) Overvalued in 2026?
Based on GuruFocus' analysis, SKY Perfect JSAT stock appears to be overvalued.
The current stock price of $22.38 is trading 102.9% above its estimated GF Value™ of $11.03.
Key valuation signals for SKPJF:
Net-Net Working Capital: $0.24
GF Value™: $11.03 vs. price of $22.38 (102.9% above fair value)
Industry Position: 94.6% below the Media - Diversified median (#367 of 387)
No single metric tells the full story. See the SKPJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SKY Perfect JSAT Corp is a Japan-based company engaged in providing broadcasting and communication services. The company consists of two operating divisions, which are Media Business and Space Business. The Media Business offers platform services such as customer management activities to broadcasting and streaming businesses and Fiber optic alliance, and others. While Space Business offers telecommunication business, space intelligence business, and others.
70GF Score
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