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HouseiTSE:5035 +1.41%63 Net-Net Working Capital is 円57.48 as of Dec. 2025. GuruFocus rates TSE:5035 with a GF Score™ of 63/100 and a GF Value™ of 円531.46 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,258 Software companies, Housei ranks worse than 58.74% 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.
Housei's Net-Net Working Capital for the quarter that ended in Dec. 2025 was 円57.48.
The industry rank for Housei's Net-Net Working Capital or its related term are showing as below:
TSE:5035's Price-to-Net-Net-Working-Capital is ranked worse than 58.74% of 1258
companies
in the Software industry
Industry Median: 7.24
vs TSE:5035: 9.46
Housei (TSE:5035) 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.
Housei Net-Net Working Capital Related Terms
Housei Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Housei'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:5035 vs IBM, ACN, FISV: Net-Net Working Capital Comparison
For the Information Technology Services subindustry, Housei'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.
Housei Price-to-Net-Net-Working-Capital vs Software Industry
For the Software industry and Technology sector, Housei's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Housei'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57.48 mean?
Housei (TSE:5035) has a Net-Net Working Capital of 円57.48 as of Dec. 2025. 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 Housei According to the industry distribution chart, Housei ranks #739 out of 1258 companies in the Software industry, placing it in the top 58.7%.
Is Housei's Net-Net Working Capital too high?
Housei's current Net-Net Working Capital is 円57.48. Based on the distribution chart, Housei ranks #739 out of 1258 companies in the Software industry, which is below the industry midpoint. Overall, Housei has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Housei's Net-Net Working Capital compare to IBM and ACN?
According to the Software industry distribution chart, Housei ranks #739 out of 1258 companies for Net-Net Working Capital. This places Housei in the lower half of its industry. The industry median Net-Net Working Capital is 7.24. 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 7.24, based on 1,258 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 Housei For the Software industry, the median Net-Net Working Capital is 7.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Housei's current Net-Net Working Capital is 円57.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Housei stock overvalued right now?
Based on GuruFocus' analysis, Housei (TSE:5035) is currently considered Significantly Undervalued. The stock's GF Value™ is 円531.46, compared to a current price of 円359.00 — trading 32.5% below its estimated fair value. The current Net-Net Working Capital is 円57.48. Housei's overall GF Score™ is 63/100 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 Housei (TSE:5035), the current Net-Net Working Capital is 円57.48 as of Dec. 2025. 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 Housei (TSE:5035) Overvalued in 2026?
Based on GuruFocus' analysis, Housei stock appears to be undervalued.
The current stock price of 円359.00 is trading 32.5% below its estimated GF Value™ of 円531.46.
GuruFocus considers Housei to be Significantly Undervalued.
Key valuation signals for TSE:5035:
Net-Net Working Capital: 円57.48
GF Value™: 円531.46 vs. price of 円359.00 (32.5% below fair value)
No single metric tells the full story. See the TSE:5035 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Housei Inc predominantly operates in the information technology sector. The company is engaged in various business activities such as the development, operation, and maintenance of information systems for the media, manufacturing, and finance industries, the provision of in-house developed information systems, software and cloud services (Product Promotion Business), and the sale of Japanese products to Chinese consumers and the provision of cloud services for this purpose (Crossborder E-commerce Business). In addition, the company also provides IT services and IP brokerage in the entertainment industry. Its reportable segments are the Information Systems Business, which derives maximum revenue, and the Cross-border E-commerce business.
63GF Score
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