Hagoromo Foods (TSE:2831) Net-Net Working Capital: 円-1,210.97 (As of Mar. 2026)

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TSE:2831 Hagoromo Foods Corp TSE:2831
55 GF Score
Price 円3,690.00
GF Value 円3,324.50
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Hagoromo Foods Net-Net Working Capital?

Hagoromo Foods TSE:2831 +0.14% 55 Net-Net Working Capital is 円-1,210.97 as of Mar. 2026. GuruFocus rates TSE:2831 with a GF Score™ of 55/100 and a GF Value™ of 円3,324.50 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 655 Consumer Packaged Goods companies, Hagoromo Foods ranks worse than 152671.6% 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.

Hagoromo Foods's Net-Net Working Capital for the quarter that ended in Mar. 2026 was 円-1,210.97.

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

TSE:2831's Price-to-Net-Net-Working-Capital is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.83
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Hagoromo Foods  (TSE:2831) 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.


Hagoromo Foods Net-Net Working Capital Related Terms


Hagoromo Foods Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Hagoromo Foods'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.

Hagoromo Foods Net-Net Working Capital Chart

Hagoromo Foods Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -342.40 -741.81 -546.31 -626.93 -1,210.97

Hagoromo Foods Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -460.77 -1,135.82 -1,206.92 -1,210.97 -1,224.08

TSE:2831 vs KHC, GIS: Net-Net Working Capital Comparison

For the Packaged Foods subindustry, Hagoromo Foods'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.


Hagoromo Foods Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hagoromo Foods's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


TSE:2831
55GF Score
Hagoromo Foods Corp TSE:2831
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hagoromo Foods Net-Net Working Capital Calculation

Hagoromo Foods'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)
=(4017.276+0.75 * 10916.338+0.5 * 14255.619-30728.811
-0-0)/9.411
=-1,210.97

Hagoromo Foods'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)
=(4017.276+0.75 * 10916.338+0.5 * 14255.619-30728.811
-0-0)/9.411
=-1,210.97

* 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-1,210.97 mean?
Hagoromo Foods (TSE:2831) has a Net-Net Working Capital of 円-1,210.97 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 Hagoromo Foods According to the industry distribution chart, Hagoromo Foods ranks #999999 out of 655 companies in the Consumer Packaged Goods industry.
Is Hagoromo Foods' Net-Net Working Capital too high?
Hagoromo Foods' current Net-Net Working Capital is 円-1,210.97. Based on the distribution chart, Hagoromo Foods ranks #999999 out of 655 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Hagoromo Foods has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hagoromo Foods' Net-Net Working Capital compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Hagoromo Foods ranks #999999 out of 655 companies for Net-Net Working Capital. This places Hagoromo Foods in the lower half of its industry. The industry median Net-Net Working Capital is 6.83. 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 Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.83, based on 655 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 Hagoromo Foods For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hagoromo Foods's current Net-Net Working Capital is 円-1,210.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hagoromo Foods stock overvalued right now?
Based on GuruFocus' analysis, Hagoromo Foods (TSE:2831) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,324.50, compared to a current price of 円3,690.00 — trading 11% above its estimated fair value. The current Net-Net Working Capital is 円-1,210.97. Hagoromo Foods' overall GF Score™ is 55/100 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 Hagoromo Foods (TSE:2831), the current Net-Net Working Capital is 円-1,210.97 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 Hagoromo Foods (TSE:2831) Overvalued in 2026?

Based on GuruFocus' analysis, Hagoromo Foods stock appears to be overvalued. The current stock price of 円3,690.00 is trading 11% above its estimated GF Value™ of 円3,324.50. GuruFocus considers Hagoromo Foods to be Modestly Overvalued.

Key valuation signals for TSE:2831:

  • Net-Net Working Capital: 円-1,210.97
  • GF Value™: 円3,324.50 vs. price of 円3,690.00 (11% above fair value)
  • GF Score™: 55/100 with 4 warning signs

No single metric tells the full story. See the TSE:2831 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hagoromo Foods Business Description

Address 11-1 Minamimachi, Suruga-ku, 3rd floor, Shizuoka Station South Building, Shizuoka Prefecture, Shizuoka, JPN
Hagoromo Foods Corp manufactures and sells a wide range of canned products including pasta, shrimp, corn, pasta, shavings, laver, sprinkling, and packaged rice.
55GF Score

Get the complete analysis for TSE:2831

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

円3,690.00
Price
円3,324.50
GF Value