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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.
Valuenex Japan's Net-Net Working Capital for the quarter that ended in Jan. 2026 was 円74.39.
The industry rank for Valuenex Japan's Net-Net Working Capital or its related term are showing as below:
TSE:4422's Price-to-Net-Net-Working-Capital is ranked worse than 57.6% of 434
companies
in the Business Services industry
Industry Median: 5.695
vs TSE:4422: 6.73
Valuenex Japan (TSE:4422) 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.
Valuenex Japan Net-Net Working Capital Related Terms
Valuenex Japan Net-Net Working Capital Historical Data
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The historical data trend for Valuenex Japan'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:4422 vs VRSK, EFX, BAH: Net-Net Working Capital Comparison
For the Consulting Services subindustry, Valuenex Japan'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.
Valuenex Japan Price-to-Net-Net-Working-Capital vs Business Services Industry
For the Business Services industry and Industrials sector, Valuenex Japan's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Valuenex Japan'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74.39 mean?
Valuenex Japan (TSE:4422) has a Net-Net Working Capital of 円74.39 as of Jan. 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 Valuenex Japan According to the industry distribution chart, Valuenex Japan ranks #250 out of 434 companies in the Business Services industry, placing it in the top 57.6%.
Is Valuenex Japan's Net-Net Working Capital too high?
Valuenex Japan's current Net-Net Working Capital is 円74.39. Based on the distribution chart, Valuenex Japan ranks #250 out of 434 companies in the Business Services industry, which is below the industry midpoint. Overall, Valuenex Japan has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Valuenex Japan's Net-Net Working Capital compare to VRSK and EFX?
According to the Business Services industry distribution chart, Valuenex Japan ranks #250 out of 434 companies for Net-Net Working Capital. This places Valuenex Japan in the lower half of its industry. The industry median Net-Net Working Capital is 5.70. 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 Business Services company?
The median Net-Net Working Capital among Business Services companies is 5.70, based on 434 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 Valuenex Japan For the Business Services industry, the median Net-Net Working Capital is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valuenex Japan's current Net-Net Working Capital is 円74.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valuenex Japan stock overvalued right now?
Based on GuruFocus' analysis, Valuenex Japan (TSE:4422) is currently considered Significantly Overvalued. The stock's GF Value™ is 円359.45, compared to a current price of 円570.00 — trading 58.6% above its estimated fair value. The current Net-Net Working Capital is 円74.39. Valuenex Japan's overall GF Score™ is 64/100 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 Valuenex Japan (TSE:4422), the current Net-Net Working Capital is 円74.39 as of Jan. 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 Valuenex Japan (TSE:4422) Overvalued in 2026?
Based on GuruFocus' analysis, Valuenex Japan stock appears to be overvalued.
The current stock price of 円570.00 is trading 58.6% above its estimated GF Value™ of 円359.45.
GuruFocus considers Valuenex Japan to be Significantly Overvalued.
Key valuation signals for TSE:4422:
Net-Net Working Capital: 円74.39
GF Value™: 円359.45 vs. price of 円570.00 (58.6% above fair value)
No single metric tells the full story. See the TSE:4422 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Valuenex Japan Inc provides information analysis services. It also offers document analysis tools, including TechRadar and DocRadar, and consulting services using it. Its analysis is used by departments such as research and development, marketing, and management planning, focusing on the intellectual property of various industries, including electronic equipment, transportation equipment, precision equipment, chemistry, and information and communication. Services offered by the company include a data creation plan, multi-client service, coaching, and a service overview.
64GF Score
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