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Nissou CoTSE:1444 76 Net-Net Working Capital is 円491.22 as of Jan. 2026. GuruFocus rates TSE:1444 with a GF Score™ of 76/100 and a GF Value™ of 円3,284.88 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 34 Homebuilding & Construction companies, Nissou Co ranks worse than 52.94% 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.
Nissou Co's Net-Net Working Capital for the quarter that ended in Jan. 2026 was 円491.22.
The industry rank for Nissou Co's Net-Net Working Capital or its related term are showing as below:
TSE:1444's Price-to-Net-Net-Working-Capital is ranked worse than 52.94% of 34
companies
in the Homebuilding & Construction industry
Industry Median: 6.965
vs TSE:1444: 7.03
Nissou Co (TSE:1444) 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.
Nissou Co Net-Net Working Capital Related Terms
Nissou Co Net-Net Working Capital Historical Data
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The historical data trend for Nissou 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.
TSE:1444 vs DHI, PHM, LEN: Net-Net Working Capital Comparison
For the Residential Construction subindustry, Nissou 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.
Nissou Co Price-to-Net-Net-Working-Capital vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Nissou Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Nissou 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491.22 mean?
Nissou Co (TSE:1444) has a Net-Net Working Capital of 円491.22 as of Jan. 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 Nissou Co According to the industry distribution chart, Nissou Co ranks #18 out of 34 companies in the Homebuilding & Construction industry, placing it in the top 52.9%.
Is Nissou Co's Net-Net Working Capital too high?
Nissou Co's current Net-Net Working Capital is 円491.22. Based on the distribution chart, Nissou Co ranks #18 out of 34 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, Nissou Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nissou Co's Net-Net Working Capital compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Nissou Co ranks #18 out of 34 companies for Net-Net Working Capital. This places Nissou Co in the lower half of its industry. The industry median Net-Net Working Capital is 6.97. 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 Homebuilding & Construction company?
The median Net-Net Working Capital among Homebuilding & Construction companies is 6.97, based on 34 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 Nissou Co For the Homebuilding & Construction industry, the median Net-Net Working Capital is 6.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nissou Co's current Net-Net Working Capital is 円491.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissou Co stock overvalued right now?
Based on GuruFocus' analysis, Nissou Co (TSE:1444) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,284.88, compared to a current price of 円2,665.00 — trading 18.9% below its estimated fair value. The current Net-Net Working Capital is 円491.22. Nissou Co's overall GF Score™ is 76/100 with 4 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 Nissou Co (TSE:1444), the current Net-Net Working Capital is 円491.22 as of Jan. 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 Nissou Co (TSE:1444) Overvalued in 2026?
Based on GuruFocus' analysis, Nissou Co stock appears to be undervalued.
The current stock price of 円2,665.00 is trading 18.9% below its estimated GF Value™ of 円3,284.88.
GuruFocus considers Nissou Co to be Modestly Undervalued.
Key valuation signals for TSE:1444:
Net-Net Working Capital: 円491.22
GF Value™: 円3,284.88 vs. price of 円2,665.00 (18.9% below fair value)
No single metric tells the full story. See the TSE:1444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nissou Co Ltd is engaged in the provision of renovation works contracting services. The company offers its services under three categories. Construction restoration work services are mainly done in the interior work that occurs when the lessee is replaced. Its vacancy countermeasure renovation services allow the lessee to take advantage of renovation to the owner who suffers from vacancies. The company's renovation work service is a construction that drives to vacancy and rent-up countermeasures. In addition, it also renders indoor cleaning services after leaving the lessee.
76GF Score
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