Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Will Smart CoTSE:175A +1.93%5 Net-Net Working Capital is 円59.79 as of Jun. 2026. GuruFocus rates TSE:175A with a GF Score™ of 5/100. The stock has 5 warning signs investors should review. Among 1,227 Software companies, Will Smart Co ranks worse than 63.57% 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.
Will Smart Co's Net-Net Working Capital for the quarter that ended in Jun. 2026 was 円59.79.
The industry rank for Will Smart Co's Net-Net Working Capital or its related term are showing as below:
TSE:175A's Price-to-Net-Net-Working-Capital is ranked worse than 63.57% of 1227
companies
in the Software industry
Industry Median: 6.89
vs TSE:175A: 10.59
Will Smart Co (TSE:175A) 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.
Will Smart Co Net-Net Working Capital Related Terms
Will Smart Co Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Will Smart 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:175A vs CRM, SHOP, UBER: Net-Net Working Capital Comparison
For the Software - Application subindustry, Will Smart 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.
Will Smart Co Price-to-Net-Net-Working-Capital vs Software Industry
For the Software industry and Technology sector, Will Smart Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Will Smart 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59.79 mean?
Will Smart Co (TSE:175A) has a Net-Net Working Capital of 円59.79 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 Will Smart Co According to the industry distribution chart, Will Smart Co ranks #780 out of 1227 companies in the Software industry, placing it in the top 63.6%.
Is Will Smart Co's Net-Net Working Capital too high?
Will Smart Co's current Net-Net Working Capital is 円59.79. Based on the distribution chart, Will Smart Co ranks #780 out of 1227 companies in the Software industry, which is below the industry midpoint. Overall, Will Smart Co has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Will Smart Co's Net-Net Working Capital compare to CRM and SHOP?
According to the Software industry distribution chart, Will Smart Co ranks #780 out of 1227 companies for Net-Net Working Capital. This places Will Smart Co in the lower half of its industry. The industry median Net-Net Working Capital is 6.89. 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 6.89, based on 1,227 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 Will Smart Co For the Software industry, the median Net-Net Working Capital is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Will Smart Co's current Net-Net Working Capital is 円59.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Will Smart Co stock overvalued right now?
Will Smart Co (TSE:175A) has a current Net-Net Working Capital of 円59.79. The current Net-Net Working Capital is 円59.79. Will Smart Co's overall GF Score™ is 5/100 with 5 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 Will Smart Co (TSE:175A), the current Net-Net Working Capital is 円59.79 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.
Will Smart Co Ltd is engaged in planning and proposing solutions and software developments with operational support services to solve business issues by utilizing DX technologies, focusing on the mobility industry.
5GF Score
Get the complete analysis for TSE:175A
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:175A has been successfully added to your 
