Ohmori Co (TSE:1844) Net-Net Working Capital: 円32.01 (As of Jan. 2026)

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TSE:1844 Ohmori Co Ltd TSE:1844
40 GF Score
Price 円485.00
GF Value 円200.90
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Ohmori Co Net-Net Working Capital?

Ohmori Co TSE:1844 -1.22% 40 Net-Net Working Capital is 円32.01 as of Jan. 2026. GuruFocus rates TSE:1844 with a GF Score™ of 40/100 and a GF Value™ of 円200.90 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 481 Construction companies, Ohmori Co ranks worse than 56.96% 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.

Ohmori Co's Net-Net Working Capital for the quarter that ended in Jan. 2026 was 円32.01.

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

TSE:1844's Price-to-Net-Net-Working-Capital is ranked worse than
56.96% of 481 companies
in the Construction industry
Industry Median: 6.61 vs TSE:1844: 7.90

Ohmori Co  (TSE:1844) 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.


Ohmori Co Net-Net Working Capital Related Terms


Ohmori Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Ohmori 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.

Ohmori Co Net-Net Working Capital Chart

Ohmori Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.95 47.04 43.10 73.16 53.32

Ohmori Co Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Jan26 Apr26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.47 85.15 53.32 32.01 61.36

TSE:1844 vs PWR, FIX, EME: Net-Net Working Capital Comparison

For the Engineering & Construction subindustry, Ohmori 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.


Ohmori Co Price-to-Net-Net-Working-Capital vs Construction Industry

For the Construction industry and Industrials sector, Ohmori Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


TSE:1844
40GF Score
Ohmori Co Ltd TSE:1844
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ohmori Co Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Jul. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2506.436+0.75 * 1970.084+0.5 * 6196.385-6087.48
-0-0)/18.654
=53.32

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

Net-Net Working Capital(Q: Jan. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1368.949+0.75 * 3641.76+0.5 * 6307.527-6654.914
-0-0)/18.716
=32.01

* 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32.01 mean?
Ohmori Co (TSE:1844) has a Net-Net Working Capital of 円32.01 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 Ohmori Co According to the industry distribution chart, Ohmori Co ranks #274 out of 481 companies in the Construction industry, placing it in the top 57%.
Is Ohmori Co's Net-Net Working Capital too high?
Ohmori Co's current Net-Net Working Capital is 円32.01. Based on the distribution chart, Ohmori Co ranks #274 out of 481 companies in the Construction industry, which is below the industry midpoint. Overall, Ohmori Co has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ohmori Co's Net-Net Working Capital compare to PWR and FIX?
According to the Construction industry distribution chart, Ohmori Co ranks #274 out of 481 companies for Net-Net Working Capital. This places Ohmori Co in the lower half of its industry. The industry median Net-Net Working Capital is 6.61. 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 6.61, based on 481 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 Ohmori Co For the Construction industry, the median Net-Net Working Capital is 6.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ohmori Co's current Net-Net Working Capital is 円32.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ohmori Co stock overvalued right now?
Based on GuruFocus' analysis, Ohmori Co (TSE:1844) is currently considered Significantly Overvalued. The stock's GF Value™ is 円200.90, compared to a current price of 円485.00 — trading 141.4% above its estimated fair value. The current Net-Net Working Capital is 円32.01. Ohmori Co's overall GF Score™ is 40/100 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 Ohmori Co (TSE:1844), the current Net-Net Working Capital is 円32.01 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 Ohmori Co (TSE:1844) Overvalued in 2026?

Based on GuruFocus' analysis, Ohmori Co stock appears to be overvalued. The current stock price of 円485.00 is trading 141.4% above its estimated GF Value™ of 円200.90. GuruFocus considers Ohmori Co to be Significantly Overvalued.

Key valuation signals for TSE:1844:

  • Net-Net Working Capital: 円32.01
  • GF Value™: 円200.90 vs. price of 円485.00 (141.4% above fair value)
  • GF Score™: 40/100 with 4 warning signs

No single metric tells the full story. See the TSE:1844 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ohmori Co Business Description

Address 1st Kantadacho 2-chome, Chiyoda-ku, Kanda Shinkansen Building, 8th floor, Tokyo, JPN, 101-0046
Ohmori Co Ltd is a Japan-based construction company. Its business activities are divided into four segments, including Construction business, Real estate, OLY business, and Communications-related business. The construction business segment is mainly engaged in the Construction, supervision, and contracting of civil engineering works. Real estate segment is engaged in the buying, selling and leasing of real estate, selling solar power generation equipment and renting closets. The OLY business segment is engaged in the Leasing of OLY equipment and steel. Communications-related business segment maintenance and management of communications lines.
40GF Score

Get the complete analysis for TSE:1844

Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円485.00
Price
円200.90
GF Value