G-Factory Co (TSE:3474) Net-Net Working Capital: 円-218.17 (As of Jun. 2026)

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TSE:3474 G-Factory Co Ltd TSE:3474
62 GF Score
Price 円604.00
GF Value 円442.53
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is G-Factory Co Net-Net Working Capital?

G-Factory Co TSE:3474 -0.49% 62 Net-Net Working Capital is 円-218.17 as of Jun. 2026. GuruFocus rates TSE:3474 with a GF Score™ of 62/100 and a GF Value™ of 円442.53 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 328 Real Estate companies, G-Factory Co ranks worse than 304877.74% 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.

G-Factory Co's Net-Net Working Capital for the quarter that ended in Jun. 2026 was 円-218.17.

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

TSE:3474's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.815
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

G-Factory Co  (TSE:3474) 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.


G-Factory Co Net-Net Working Capital Related Terms


G-Factory Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for G-Factory 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.

G-Factory Co Net-Net Working Capital Chart

G-Factory Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -101.84 -104.49 -176.59 -189.21 0.00

G-Factory Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -210.67 -212.50 0.00 -234.78 -218.17

TSE:3474 vs CBRE, BEKE, JLL: Net-Net Working Capital Comparison

For the Real Estate Services subindustry, G-Factory 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.


G-Factory Co Price-to-Net-Net-Working-Capital vs Real Estate Industry

For the Real Estate industry and Real Estate sector, G-Factory Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


TSE:3474
62GF Score
G-Factory Co Ltd TSE:3474
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

G-Factory Co Net-Net Working Capital Calculation

G-Factory 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)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/6.539
=N/A

G-Factory 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)
=(1085.599+0.75 * 169.217+0.5 * 67.457-2665.43
-0-7.393)/6.539
=-218.17

* 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-218.17 mean?
G-Factory Co (TSE:3474) has a Net-Net Working Capital of 円-218.17 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 G-Factory Co According to the industry distribution chart, G-Factory Co ranks #999999 out of 328 companies in the Real Estate industry.
Is G-Factory Co's Net-Net Working Capital too high?
G-Factory Co's current Net-Net Working Capital is 円-218.17. Based on the distribution chart, G-Factory Co ranks #999999 out of 328 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, G-Factory Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does G-Factory Co's Net-Net Working Capital compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, G-Factory Co ranks #999999 out of 328 companies for Net-Net Working Capital. This places G-Factory Co in the lower half of its industry. The industry median Net-Net Working Capital is 4.82. 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 Real Estate company?
The median Net-Net Working Capital among Real Estate companies is 4.82, based on 328 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 G-Factory Co For the Real Estate industry, the median Net-Net Working Capital is 4.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G-Factory Co's current Net-Net Working Capital is 円-218.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G-Factory Co stock overvalued right now?
Based on GuruFocus' analysis, G-Factory Co (TSE:3474) is currently considered Significantly Overvalued. The stock's GF Value™ is 円442.53, compared to a current price of 円604.00 — trading 36.5% above its estimated fair value. The current Net-Net Working Capital is 円-218.17. G-Factory Co's overall GF Score™ is 62/100 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 G-Factory Co (TSE:3474), the current Net-Net Working Capital is 円-218.17 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.

Is G-Factory Co (TSE:3474) Overvalued in 2026?

Based on GuruFocus' analysis, G-Factory Co stock appears to be overvalued. The current stock price of 円604.00 is trading 36.5% above its estimated GF Value™ of 円442.53. GuruFocus considers G-Factory Co to be Significantly Overvalued.

Key valuation signals for TSE:3474:

  • Net-Net Working Capital: 円-218.17
  • GF Value™: 円442.53 vs. price of 円604.00 (36.5% above fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the TSE:3474 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


G-Factory Co Business Description

Address Nishi-Shinjuku 1-25-1, Shinjuku-ku, Shinjuku Center Building 33th Floor, Tokyo, JPN, 163-0633
G-Factory Co Ltd is engaged in real estate business. It provides leasing of property for small and medium-sized enterprises and restaurant businesses. It also provides management support for restaurants that develop store type services. It also offers other support services, including property information, interior equipment, whole, overseas store opening, maintenance, and leave/M&A support services.
62GF Score

Get the complete analysis for TSE:3474

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

円604.00
Price
円442.53
GF Value