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.
YAMADA Consulting Group Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was 円514.73.
The industry rank for YAMADA Consulting Group Co's Net-Net Working Capital or its related term are showing as below:
TSE:4792's Price-to-Net-Net-Working-Capital is ranked better than 68.24% of 444
companies
in the Business Services industry
Industry Median: 5.615
vs TSE:4792: 3.29
YAMADA Consulting Group Co (TSE:4792) 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.
YAMADA Consulting Group Co Net-Net Working Capital Related Terms
YAMADA Consulting Group Co Net-Net Working Capital Historical Data
* 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.
YAMADA Consulting Group Co Net-Net Working Capital Chart
TSE:4792 vs VRSK, EFX, BAH: Net-Net Working Capital Comparison
For the Consulting Services subindustry, YAMADA Consulting Group 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.
YAMADA Consulting Group Co Price-to-Net-Net-Working-Capital vs Business Services Industry
For the Business Services industry and Industrials sector, YAMADA Consulting Group Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where YAMADA Consulting Group 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514.73 mean?
YAMADA Consulting Group Co (TSE:4792) has a Net-Net Working Capital of 円514.73 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 YAMADA Consulting Group Co According to the industry distribution chart, YAMADA Consulting Group Co ranks #141 out of 444 companies in the Business Services industry, placing it in the top 31.8%.
Is YAMADA Consulting Group Co's Net-Net Working Capital too high?
YAMADA Consulting Group Co's current Net-Net Working Capital is 円514.73. Based on the distribution chart, YAMADA Consulting Group Co ranks #141 out of 444 companies in the Business Services industry, which is above the industry midpoint. Overall, YAMADA Consulting Group Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does YAMADA Consulting Group Co's Net-Net Working Capital compare to VRSK and EFX?
According to the Business Services industry distribution chart, YAMADA Consulting Group Co ranks #141 out of 444 companies for Net-Net Working Capital. This puts YAMADA Consulting Group Co in the upper half of its industry. The industry median Net-Net Working Capital is 5.62. 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 5.62, based on 444 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 YAMADA Consulting Group Co For the Business Services industry, the median Net-Net Working Capital is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YAMADA Consulting Group Co's current Net-Net Working Capital is 円514.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YAMADA Consulting Group Co stock overvalued right now?
Based on GuruFocus' analysis, YAMADA Consulting Group Co (TSE:4792) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,300.69, compared to a current price of 円1,691.00 — trading 26.5% below its estimated fair value. The current Net-Net Working Capital is 円514.73. YAMADA Consulting Group Co's overall GF Score™ is 76/100 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 YAMADA Consulting Group Co (TSE:4792), the current Net-Net Working Capital is 円514.73 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 YAMADA Consulting Group Co (TSE:4792) Overvalued in 2026?
Based on GuruFocus' analysis, YAMADA Consulting Group Co stock appears to be undervalued.
The current stock price of 円1,691.00 is trading 26.5% below its estimated GF Value™ of 円2,300.69.
GuruFocus considers YAMADA Consulting Group Co to be Modestly Undervalued.
Key valuation signals for TSE:4792:
Net-Net Working Capital: 円514.73
GF Value™: 円2,300.69 vs. price of 円1,691.00 (26.5% below fair value)
No single metric tells the full story. See the TSE:4792 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
YAMADA Consulting Group Co Ltd is a Japan based company engaged in the business areas of investment and fund business, education training, FP business that conducts management consulting business, real estate consulting business, establishment, operation and investment of business succession funds. In the management consulting business, the company provides services such as management improvement, business succession, business revitalization, organization reorganization and others. The organization also has a business presence in Japan and other countries.
76GF 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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