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Oriental ShiraishiTSE:1786 72 Net-Net Working Capital is 円100.96 as of Mar. 2026. GuruFocus rates TSE:1786 with a GF Score™ of 72/100 and a GF Value™ of 円400.06 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 479 Construction companies, Oriental Shiraishi ranks better than 75.78% 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.
Oriental Shiraishi's Net-Net Working Capital for the quarter that ended in Mar. 2026 was 円100.96.
The industry rank for Oriental Shiraishi's Net-Net Working Capital or its related term are showing as below:
TSE:1786's Price-to-Net-Net-Working-Capital is ranked better than 75.78% of 479
companies
in the Construction industry
Industry Median: 6.65
vs TSE:1786: 3.09
Oriental Shiraishi (TSE:1786) 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.
Oriental Shiraishi Net-Net Working Capital Related Terms
Oriental Shiraishi Net-Net Working Capital Historical Data
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The historical data trend for Oriental Shiraishi'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:1786 vs PWR, FIX, EME: Net-Net Working Capital Comparison
For the Engineering & Construction subindustry, Oriental Shiraishi'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.
Oriental Shiraishi Price-to-Net-Net-Working-Capital vs Construction Industry
For the Construction industry and Industrials sector, Oriental Shiraishi's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Oriental Shiraishi'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100.96 mean?
Oriental Shiraishi (TSE:1786) has a Net-Net Working Capital of 円100.96 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 Oriental Shiraishi According to the industry distribution chart, Oriental Shiraishi ranks #116 out of 479 companies in the Construction industry, placing it in the top 24.2%.
Is Oriental Shiraishi's Net-Net Working Capital too high?
Oriental Shiraishi's current Net-Net Working Capital is 円100.96. Based on the distribution chart, Oriental Shiraishi ranks #116 out of 479 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Oriental Shiraishi has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Oriental Shiraishi's Net-Net Working Capital compare to PWR and FIX?
According to the Construction industry distribution chart, Oriental Shiraishi ranks #116 out of 479 companies for Net-Net Working Capital. This places Oriental Shiraishi in the top 24% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 6.65. 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 Construction company?
The median Net-Net Working Capital among Construction companies is 6.65, based on 479 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 Oriental Shiraishi For the Construction industry, the median Net-Net Working Capital is 6.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oriental Shiraishi's current Net-Net Working Capital is 円100.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oriental Shiraishi stock overvalued right now?
Based on GuruFocus' analysis, Oriental Shiraishi (TSE:1786) is currently considered Modestly Undervalued. The stock's GF Value™ is 円400.06, compared to a current price of 円355.00 — trading 11.3% below its estimated fair value. The current Net-Net Working Capital is 円100.96. Oriental Shiraishi's overall GF Score™ is 72/100 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 Oriental Shiraishi (TSE:1786), the current Net-Net Working Capital is 円100.96 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 Oriental Shiraishi (TSE:1786) Overvalued in 2026?
Based on GuruFocus' analysis, Oriental Shiraishi stock appears to be undervalued.
The current stock price of 円355.00 is trading 11.3% below its estimated GF Value™ of 円400.06.
GuruFocus considers Oriental Shiraishi to be Modestly Undervalued.
Key valuation signals for TSE:1786:
Net-Net Working Capital: 円100.96
GF Value™: 円400.06 vs. price of 円355.00 (11.3% below fair value)
No single metric tells the full story. See the TSE:1786 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oriental Shiraishi Corp is involved in the production and sale and construction of prestressed concrete products and structures, construction of pneumatic caissons, repair, retrofit and reinforcement of infrastructures, design and construction of earthquake-resistant buildings and also engaged in sale of construction materials and devices.
72GF Score
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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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