Taiko Pharmaceutical Co (TSE:4574) Net-Net Working Capital: 円57.69 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4574 Taiko Pharmaceutical Co Ltd TSE:4574
68 GF Score
Price 円264.00
GF Value 円263.66
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Taiko Pharmaceutical Co Net-Net Working Capital?

Taiko Pharmaceutical Co TSE:4574 -1.49% 68 Net-Net Working Capital is 円57.69 as of Jun. 2026. GuruFocus rates TSE:4574 with a GF Score™ of 68/100 and a GF Value™ of 円263.66 (Fairly Valued). The stock has 4 warning signs investors should review. Among 394 Drug Manufacturers companies, Taiko Pharmaceutical Co ranks better than 68.27% 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.

Taiko Pharmaceutical Co's Net-Net Working Capital for the quarter that ended in Jun. 2026 was 円57.69.

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

TSE:4574's Price-to-Net-Net-Working-Capital is ranked better than
68.27% of 394 companies
in the Drug Manufacturers industry
Industry Median: 7.995 vs TSE:4574: 4.58

Taiko Pharmaceutical Co  (TSE:4574) 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.


Taiko Pharmaceutical Co Net-Net Working Capital Related Terms


Taiko Pharmaceutical Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Taiko Pharmaceutical 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.

Taiko Pharmaceutical Co Net-Net Working Capital Chart

Taiko Pharmaceutical Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.23 -26.93 23.57 44.60 62.68

Taiko Pharmaceutical 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 53.40 52.50 62.68 57.43 57.69

TSE:4574 vs ZTS: Net-Net Working Capital Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Taiko Pharmaceutical 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.


Taiko Pharmaceutical Co Price-to-Net-Net-Working-Capital vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Taiko Pharmaceutical Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


TSE:4574
68GF Score
Taiko Pharmaceutical Co Ltd TSE:4574
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiko Pharmaceutical Co Net-Net Working Capital Calculation

Taiko Pharmaceutical 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)
=(4256+0.75 * 2449+0.5 * 1618-3752
-0-0)/50.251
=62.68

Taiko Pharmaceutical 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)
=(3166+0.75 * 1934+0.5 * 1904-2666
-0-0)/50.308
=57.69

* 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57.69 mean?
Taiko Pharmaceutical Co (TSE:4574) has a Net-Net Working Capital of 円57.69 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 Taiko Pharmaceutical Co According to the industry distribution chart, Taiko Pharmaceutical Co ranks #125 out of 394 companies in the Drug Manufacturers industry, placing it in the top 31.7%.
Is Taiko Pharmaceutical Co's Net-Net Working Capital too high?
Taiko Pharmaceutical Co's current Net-Net Working Capital is 円57.69. Based on the distribution chart, Taiko Pharmaceutical Co ranks #125 out of 394 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Taiko Pharmaceutical Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiko Pharmaceutical Co's Net-Net Working Capital compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Taiko Pharmaceutical Co ranks #125 out of 394 companies for Net-Net Working Capital. This puts Taiko Pharmaceutical Co in the upper half of its industry. The industry median Net-Net Working Capital is 8.00. 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 Drug Manufacturers company?
The median Net-Net Working Capital among Drug Manufacturers companies is 8.00, based on 394 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 Taiko Pharmaceutical Co For the Drug Manufacturers industry, the median Net-Net Working Capital is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiko Pharmaceutical Co's current Net-Net Working Capital is 円57.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiko Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Taiko Pharmaceutical Co (TSE:4574) is currently considered Fairly Valued. The stock's GF Value™ is 円263.66, compared to a current price of 円264.00 — trading 0.1% above its estimated fair value. The current Net-Net Working Capital is 円57.69. Taiko Pharmaceutical Co's overall GF Score™ is 68/100 with 4 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 Taiko Pharmaceutical Co (TSE:4574), the current Net-Net Working Capital is 円57.69 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 Taiko Pharmaceutical Co (TSE:4574) Overvalued in 2026?

Based on GuruFocus' analysis, Taiko Pharmaceutical Co stock appears to be overvalued. The current stock price of 円264.00 is trading 0.1% above its estimated GF Value™ of 円263.66. GuruFocus considers Taiko Pharmaceutical Co to be Fairly Valued.

Key valuation signals for TSE:4574:

  • Net-Net Working Capital: 円57.69
  • GF Value™: 円263.66 vs. price of 円264.00 (0.1% above fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the TSE:4574 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiko Pharmaceutical Co Business Description

Address 1-4-1 Nishihonmachi, 16th Floor, ORIX Honmachi Building, Nishi-ku, Osaka, JPN, 564-0032
Taiko Pharmaceutical Co Ltd operates in three segments, namely Pharmaceutical, Infection Control, and Others. The majority of its revenue comes from Infection Control, which is into manufacturing and sales of sanitation control products, including Cleverin, Cleverin LED, and Cleverin Generator LISPASS. The pharmaceutical segment is into the manufacturing and sales of OTC medicines and designated quasi-drugs. Other business includes manufacturing and sales of wood vinegar-based products.
68GF Score

Get the complete analysis for TSE:4574

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

円264.00
Price
円263.66
GF Value