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True DataTSE:4416 64 Net-Net Working Capital is 円164.60 as of Mar. 2026. GuruFocus rates TSE:4416 with a GF Score™ of 64/100 and a GF Value™ of 円680.22 (Significantly Undervalued). Among 1,221 Software companies, True Data ranks better than 78.46% 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.
True Data's Net-Net Working Capital for the quarter that ended in Mar. 2026 was 円164.60.
The industry rank for True Data's Net-Net Working Capital or its related term are showing as below:
TSE:4416's Price-to-Net-Net-Working-Capital is ranked better than 78.46% of 1221
companies
in the Software industry
Industry Median: 7.15
vs TSE:4416: 3.19
True Data (TSE:4416) 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.
True Data Net-Net Working Capital Related Terms
True Data Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for True Data'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:4416 vs CRM, SHOP, UBER: Net-Net Working Capital Comparison
For the Software - Application subindustry, True Data'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.
True Data Price-to-Net-Net-Working-Capital vs Software Industry
For the Software industry and Technology sector, True Data's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where True Data'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164.60 mean?
True Data (TSE:4416) has a Net-Net Working Capital of 円164.60 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 True Data According to the industry distribution chart, True Data ranks #263 out of 1221 companies in the Software industry, placing it in the top 21.5%.
Is True Data's Net-Net Working Capital too high?
True Data's current Net-Net Working Capital is 円164.60. Based on the distribution chart, True Data ranks #263 out of 1221 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, True Data has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does True Data's Net-Net Working Capital compare to CRM and SHOP?
According to the Software industry distribution chart, True Data ranks #263 out of 1221 companies for Net-Net Working Capital. This places True Data in the top 22% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 7.15. 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 Software company?
The median Net-Net Working Capital among Software companies is 7.15, based on 1,221 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 True Data For the Software industry, the median Net-Net Working Capital is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. True Data's current Net-Net Working Capital is 円164.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is True Data stock overvalued right now?
Based on GuruFocus' analysis, True Data (TSE:4416) is currently considered Significantly Undervalued. The stock's GF Value™ is 円680.22, compared to a current price of 円413.00 — trading 39.3% below its estimated fair value. The current Net-Net Working Capital is 円164.60. True Data's overall GF Score™ is 64/100. 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 True Data (TSE:4416), the current Net-Net Working Capital is 円164.60 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 True Data (TSE:4416) Overvalued in 2026?
Based on GuruFocus' analysis, True Data stock appears to be undervalued.
The current stock price of 円413.00 is trading 39.3% below its estimated GF Value™ of 円680.22.
GuruFocus considers True Data to be Significantly Undervalued.
Key valuation signals for TSE:4416:
Net-Net Working Capital: 円164.60
GF Value™: 円680.22 vs. price of 円413.00 (39.3% below fair value)
No single metric tells the full story. See the TSE:4416 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
True Data Inc operates a big data platform based on the data generated daily from consumer purchasing behavior. The company deals with POS data with customer IDs from drug stores, supermarkets, and other retailers, and provides analysis and disclosure support tools using such data, as well as other services related to data marketing. Its services are divided into solutions for manufacturers, retailers, and all industries. In the solutions for manufacturers, it provides services such as Eagle Eye, Dolphin Eye, and POS Analysis Cloud. In the solutions for retailers, it offers services such as Shopping Scan, and for all industries, it provides data and analysis reports related to consumer purchases, data utilization support services such as AI, and other related services.
64GF Score
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