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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.
CAVE Interactive Co's Net-Net Working Capital for the quarter that ended in May. 2026 was 円11.55.
The industry rank for CAVE Interactive Co's Net-Net Working Capital or its related term are showing as below:
TSE:3760's Price-to-Net-Net-Working-Capital is ranked worse than 94.46% of 289
companies
in the Interactive Media industry
Industry Median: 4.93
vs TSE:3760: 61.56
CAVE Interactive Co (TSE:3760) 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.
CAVE Interactive Co Net-Net Working Capital Related Terms
CAVE Interactive Co Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for CAVE Interactive 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:3760 vs NTES, TTWO, RBLX: Net-Net Working Capital Comparison
For the Electronic Gaming & Multimedia subindustry, CAVE Interactive 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.
CAVE Interactive Co Price-to-Net-Net-Working-Capital vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, CAVE Interactive Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where CAVE Interactive 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11.55 mean?
CAVE Interactive Co (TSE:3760) has a Net-Net Working Capital of 円11.55 as of May. 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 CAVE Interactive Co According to the industry distribution chart, CAVE Interactive Co ranks #273 out of 289 companies in the Interactive Media industry, placing it in the top 94.5%.
Is CAVE Interactive Co's Net-Net Working Capital too high?
CAVE Interactive Co's current Net-Net Working Capital is 円11.55. Based on the distribution chart, CAVE Interactive Co ranks #273 out of 289 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, CAVE Interactive Co has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CAVE Interactive Co's Net-Net Working Capital compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, CAVE Interactive Co ranks #273 out of 289 companies for Net-Net Working Capital. This places CAVE Interactive Co in the lower half of its industry. The industry median Net-Net Working Capital is 4.93. 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 an Interactive Media company?
The median Net-Net Working Capital among Interactive Media companies is 4.93, based on 289 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 CAVE Interactive Co For the Interactive Media industry, the median Net-Net Working Capital is 4.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAVE Interactive Co's current Net-Net Working Capital is 円11.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAVE Interactive Co stock overvalued right now?
Based on GuruFocus' analysis, CAVE Interactive Co (TSE:3760) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,125.60, compared to a current price of 円711.00 — trading 36.8% below its estimated fair value. The current Net-Net Working Capital is 円11.55. CAVE Interactive Co's overall GF Score™ is 52/100 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 CAVE Interactive Co (TSE:3760), the current Net-Net Working Capital is 円11.55 as of May. 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 CAVE Interactive Co (TSE:3760) Overvalued in 2026?
Based on GuruFocus' analysis, CAVE Interactive Co stock appears to be undervalued.
The current stock price of 円711.00 is trading 36.8% below its estimated GF Value™ of 円1,125.60.
GuruFocus considers CAVE Interactive Co to be Possible Value Trap.
Key valuation signals for TSE:3760:
Net-Net Working Capital: 円11.55
GF Value™: 円1,125.60 vs. price of 円711.00 (36.8% below fair value)
No single metric tells the full story. See the TSE:3760 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CAVE Interactive Co Ltd is a game creator. It is engaged in business such as mobile entertainment, content media and entertainment marketing, business planning, production management. It provides mobile media entertainment content. It develops music, social media applications, and online games, arcade video games such as deathsmiles, espagaluda, dodonpachi resurrection and shin megami.
52GF 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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