Hatch Work Co (TSE:148A) Net-Net Working Capital: 円-297.73 (As of Jun. 2026)

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TSE:148A Hatch Work Co Ltd TSE:148A
12 GF Score
Price 円1,690.00
! 3 Warning Signs
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What is Hatch Work Co Net-Net Working Capital?

Hatch Work Co TSE:148A -0.41% 12 Net-Net Working Capital is 円-297.73 as of Jun. 2026. GuruFocus rates TSE:148A with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 435 Business Services companies, Hatch Work Co ranks worse than 229884.83% 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.

Hatch Work Co's Net-Net Working Capital for the quarter that ended in Jun. 2026 was 円-297.73.

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

TSE:148A's Price-to-Net-Net-Working-Capital is not ranked *
in the Business Services industry.
Industry Median: 5.62
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Hatch Work Co  (TSE:148A) 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.


Hatch Work Co Net-Net Working Capital Related Terms


Hatch Work Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Hatch Work 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.

Hatch Work Co Net-Net Working Capital Chart

Hatch Work Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
7.81 -172.41 -228.08 -69.51 -151.11

Hatch Work Co Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -90.63 -130.47 -151.11 -256.19 -297.73

TSE:148A vs CTAS, CPRT, GPN: Net-Net Working Capital Comparison

For the Specialty Business Services subindustry, Hatch Work 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.


Hatch Work Co Price-to-Net-Net-Working-Capital vs Business Services Industry

For the Business Services industry and Industrials sector, Hatch Work Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


TSE:148A
12GF Score
Hatch Work Co Ltd TSE:148A
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Hatch Work Co Net-Net Working Capital Calculation

Hatch Work Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1521.074+0.75 * 60.958+0.5 * 0.732-1857.131
-0-0)/1.919
=-151.11

Hatch Work Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2026 is calculated as

Net-Net Working Capital(Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1297.801+0.75 * 82.217+0.5 * 0.674-1931.733
-0-0)/1.921
=-297.73

* 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-297.73 mean?
Hatch Work Co (TSE:148A) has a Net-Net Working Capital of 円-297.73 as of Jun. 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 Hatch Work Co According to the industry distribution chart, Hatch Work Co ranks #999999 out of 435 companies in the Business Services industry.
Is Hatch Work Co's Net-Net Working Capital too high?
Hatch Work Co's current Net-Net Working Capital is 円-297.73. Based on the distribution chart, Hatch Work Co ranks #999999 out of 435 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Hatch Work Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Hatch Work Co's Net-Net Working Capital compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Hatch Work Co ranks #999999 out of 435 companies for Net-Net Working Capital. This places Hatch Work Co in the lower half of its industry. The industry median Net-Net Working Capital is 5.62. 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 Business Services company?
The median Net-Net Working Capital among Business Services companies is 5.62, based on 435 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 Hatch Work Co For the Business Services industry, the median Net-Net Working Capital is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hatch Work Co's current Net-Net Working Capital is 円-297.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hatch Work Co stock overvalued right now?
Hatch Work Co (TSE:148A) has a current Net-Net Working Capital of 円-297.73. The current Net-Net Working Capital is 円-297.73. Hatch Work Co's overall GF Score™ is 12/100 with 3 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 Hatch Work Co (TSE:148A), the current Net-Net Working Capital is 円-297.73 as of Jun. 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.

Hatch Work Co Business Description

Address 1-1-1- Minami-Aoyama, Shin-Aoyama Building West Wing, 5th Floor, Minato-ku, Tokyo, JPN, 107-0062
Hatch Work Co Ltd is a Japan-based company operating digital platforms and management services for real estate and parking facilities. The company operates in two segments- Monthly Innovation Business which operates the At Parking Cloud online management system, a monthly parking lot search portal, intermediary services, and parking space-sharing solutions and Building innovation business providing commercial leasing, community office operations, and building maintenance and property management for office spaces.
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