Asahi Rubber (TSE:5162) Net-Net Working Capital: 円-146.98 (As of Mar. 2026)

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TSE:5162 Asahi Rubber Inc TSE:5162
63 GF Score
Price 円799.00
GF Value 円616.59
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Asahi Rubber Net-Net Working Capital?

Asahi Rubber TSE:5162 -0.62% 63 Net-Net Working Capital is 円-146.98 as of Mar. 2026. GuruFocus rates TSE:5162 with a GF Score™ of 63/100 and a GF Value™ of 円616.59 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 371 Vehicles & Parts companies, Asahi Rubber ranks worse than 269541.51% 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.

Asahi Rubber's Net-Net Working Capital for the quarter that ended in Mar. 2026 was 円-146.98.

The industry rank for Asahi Rubber's Net-Net Working Capital or its related term are showing as below:

TSE:5162's Price-to-Net-Net-Working-Capital is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.16
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Asahi Rubber  (TSE:5162) 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.


Asahi Rubber Net-Net Working Capital Related Terms


Asahi Rubber Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Asahi Rubber'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.

Asahi Rubber Net-Net Working Capital Chart

Asahi Rubber Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -198.34 -154.85 -70.67 -151.72 -146.98

Asahi Rubber Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 -202.09 -193.58 -182.71 -146.98 -203.15

TSE:5162 vs ORLY, AZO, GPC: Net-Net Working Capital Comparison

For the Auto Parts subindustry, Asahi Rubber'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.


Asahi Rubber Price-to-Net-Net-Working-Capital vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Asahi Rubber's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Asahi Rubber's Price-to-Net-Net-Working-Capital falls into.


TSE:5162
63GF Score
Asahi Rubber Inc TSE:5162
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Rubber Net-Net Working Capital Calculation

Asahi Rubber's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net-Net Working Capital(A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2303.478+0.75 * 1476.924+0.5 * 1273.068-4707.373
-0-0)/4.488
=-146.98

Asahi Rubber's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2303.478+0.75 * 1476.924+0.5 * 1273.068-4707.373
-0-0)/4.488
=-146.98

* 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-146.98 mean?
Asahi Rubber (TSE:5162) has a Net-Net Working Capital of 円-146.98 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 Asahi Rubber According to the industry distribution chart, Asahi Rubber ranks #999999 out of 371 companies in the Vehicles & Parts industry.
Is Asahi Rubber's Net-Net Working Capital too high?
Asahi Rubber's current Net-Net Working Capital is 円-146.98. Based on the distribution chart, Asahi Rubber ranks #999999 out of 371 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Asahi Rubber has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Rubber's Net-Net Working Capital compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Asahi Rubber ranks #999999 out of 371 companies for Net-Net Working Capital. This places Asahi Rubber in the lower half of its industry. The industry median Net-Net Working Capital is 8.16. 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 Vehicles & Parts company?
The median Net-Net Working Capital among Vehicles & Parts companies is 8.16, based on 371 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 Asahi Rubber For the Vehicles & Parts industry, the median Net-Net Working Capital is 8.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Rubber's current Net-Net Working Capital is 円-146.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Rubber stock overvalued right now?
Based on GuruFocus' analysis, Asahi Rubber (TSE:5162) is currently considered Modestly Overvalued. The stock's GF Value™ is 円616.59, compared to a current price of 円799.00 — trading 29.6% above its estimated fair value. The current Net-Net Working Capital is 円-146.98. Asahi Rubber's overall GF Score™ is 63/100 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 Asahi Rubber (TSE:5162), the current Net-Net Working Capital is 円-146.98 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 Asahi Rubber (TSE:5162) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Rubber stock appears to be overvalued. The current stock price of 円799.00 is trading 29.6% above its estimated GF Value™ of 円616.59. GuruFocus considers Asahi Rubber to be Modestly Overvalued.

Key valuation signals for TSE:5162:

  • Net-Net Working Capital: 円-146.98
  • GF Value™: 円616.59 vs. price of 円799.00 (29.6% above fair value)
  • GF Score™: 63/100 with 3 warning signs

No single metric tells the full story. See the TSE:5162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Rubber Business Description

Address Dotemachi 2-7-2, Omiya ward, Saitama-shi, Tokyo, JPN
Asahi Rubber Inc is engaged in manufacturing and selling small rubber parts for electrical equipment, vehicles, medical equipment, watches, and others. The segments of the company include Industrial Rubber Business and Medical and Hygienic Rubber Business.
63GF Score

Get the complete analysis for TSE:5162

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

円799.00
Price
円616.59
GF Value