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FORLIFE CoTSE:3477 -0.11%75 Net-Net Working Capital is 円90.29 as of Mar. 2026. GuruFocus rates TSE:3477 with a GF Score™ of 75/100 and a GF Value™ of 円798.27 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 34 Homebuilding & Construction companies, FORLIFE Co ranks worse than 2941173.53% 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.
FORLIFE Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was 円90.29.
The industry rank for FORLIFE Co's Net-Net Working Capital or its related term are showing as below:
TSE:3477's Price-to-Net-Net-Working-Capital is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 7.05 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
FORLIFE Co (TSE:3477) 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.
FORLIFE Co Net-Net Working Capital Related Terms
FORLIFE Co Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for FORLIFE 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:3477 vs DHI, PHM, LEN: Net-Net Working Capital Comparison
For the Residential Construction subindustry, FORLIFE 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.
FORLIFE Co Price-to-Net-Net-Working-Capital vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, FORLIFE Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where FORLIFE 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90.29 mean?
FORLIFE Co (TSE:3477) has a Net-Net Working Capital of 円90.29 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 FORLIFE Co According to the industry distribution chart, FORLIFE Co ranks #999999 out of 34 companies in the Homebuilding & Construction industry.
Is FORLIFE Co's Net-Net Working Capital too high?
FORLIFE Co's current Net-Net Working Capital is 円90.29. Based on the distribution chart, FORLIFE Co ranks #999999 out of 34 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, FORLIFE Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FORLIFE Co's Net-Net Working Capital compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, FORLIFE Co ranks #999999 out of 34 companies for Net-Net Working Capital. This places FORLIFE Co in the lower half of its industry. The industry median Net-Net Working Capital is 7.05. 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 Homebuilding & Construction company?
The median Net-Net Working Capital among Homebuilding & Construction companies is 7.05, based on 34 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 FORLIFE Co For the Homebuilding & Construction industry, the median Net-Net Working Capital is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FORLIFE Co's current Net-Net Working Capital is 円90.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FORLIFE Co stock overvalued right now?
Based on GuruFocus' analysis, FORLIFE Co (TSE:3477) is currently considered Modestly Overvalued. The stock's GF Value™ is 円798.27, compared to a current price of 円892.00 — trading 11.7% above its estimated fair value. The current Net-Net Working Capital is 円90.29. FORLIFE Co's overall GF Score™ is 75/100 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 FORLIFE Co (TSE:3477), the current Net-Net Working Capital is 円90.29 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 FORLIFE Co (TSE:3477) Overvalued in 2026?
Based on GuruFocus' analysis, FORLIFE Co stock appears to be overvalued.
The current stock price of 円892.00 is trading 11.7% above its estimated GF Value™ of 円798.27.
GuruFocus considers FORLIFE Co to be Modestly Overvalued.
Key valuation signals for TSE:3477:
Net-Net Working Capital: 円90.29
GF Value™: 円798.27 vs. price of 円892.00 (11.7% above fair value)
No single metric tells the full story. See the TSE:3477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FORLIFE Co Ltd is a Japanese firm. It builds and sells ordered housing and manufactured housing. It also provides leasing business. It has a consultation and finance business.
75GF Score
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