Soracom (TSE:147A) Net-Net Working Capital: 円156.48 (As of Mar. 2026)

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TSE:147A Soracom Inc TSE:147A
20 GF Score
Price 円995.00
! 2 Warning Signs
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What is Soracom Net-Net Working Capital?

Soracom TSE:147A +2.16% 20 Net-Net Working Capital is 円156.48 as of Mar. 2026. GuruFocus rates TSE:147A with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 1,221 Software companies, Soracom ranks better than 53.97% 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.

Soracom's Net-Net Working Capital for the quarter that ended in Mar. 2026 was 円156.48.

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

TSE:147A's Price-to-Net-Net-Working-Capital is ranked better than
53.97% of 1221 companies
in the Software industry
Industry Median: 7.15 vs TSE:147A: 6.36

Soracom  (TSE:147A) 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.


Soracom Net-Net Working Capital Related Terms


Soracom Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Soracom'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.

Soracom Net-Net Working Capital Chart

Soracom Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
13.88 62.13 154.60 173.74 156.48

Soracom Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Net-Net Working Capital Get a 7-Day Free Trial 154.60 178.36 173.74 143.91 156.48

TSE:147A vs MSFT, PLTR, ORCL: Net-Net Working Capital Comparison

For the Software - Infrastructure subindustry, Soracom'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.


Soracom Price-to-Net-Net-Working-Capital vs Software Industry

For the Software industry and Technology sector, Soracom's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


TSE:147A
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Soracom Inc TSE:147A
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Soracom Net-Net Working Capital Calculation

Soracom'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)
=(9269.384+0.75 * 2312.269+0.5 * 592.765-3752.218
-0-415.687)/45.579
=156.48

Soracom'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)
=(9269.384+0.75 * 2312.269+0.5 * 592.765-3752.218
-0-415.687)/45.579
=156.48

* 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156.48 mean?
Soracom (TSE:147A) has a Net-Net Working Capital of 円156.48 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 Soracom According to the industry distribution chart, Soracom ranks #562 out of 1221 companies in the Software industry, placing it in the top 46%.
Is Soracom's Net-Net Working Capital too high?
Soracom's current Net-Net Working Capital is 円156.48. Based on the distribution chart, Soracom ranks #562 out of 1221 companies in the Software industry, which is above the industry midpoint. Overall, Soracom has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Soracom's Net-Net Working Capital compare to MSFT and PLTR?
According to the Software industry distribution chart, Soracom ranks #562 out of 1221 companies for Net-Net Working Capital. This puts Soracom in the upper half of its industry. The industry median Net-Net Working Capital is 7.15. 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 Software company?
The median Net-Net Working Capital among Software companies is 7.15, based on 1,221 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 Soracom For the Software industry, the median Net-Net Working Capital is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Soracom's current Net-Net Working Capital is 円156.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Soracom stock overvalued right now?
Soracom (TSE:147A) has a current Net-Net Working Capital of 円156.48. The current Net-Net Working Capital is 円156.48. Soracom's overall GF Score™ is 20/100 with 2 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 Soracom (TSE:147A), the current Net-Net Working Capital is 円156.48 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.

Soracom Business Description

Address 3rd floor Ojima building, 4-5-6 Tamagawa, Setagaya-ku, Tokyo, JPN, 158-0094
Soracom Inc is engaged in development and provision of the IoT platform SORACOM. IoT platform SORACOM provides one-stop IoT devices, communications, applications, etc.
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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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