Asaka Riken Co (TSE:5724) Net-Net Working Capital: 円-869.45 (As of Mar. 2026)

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TSE:5724 Asaka Riken Co Ltd TSE:5724
52 GF Score
Price 円3,040.00
GF Value 円1,197.01
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Asaka Riken Co Net-Net Working Capital?

Asaka Riken Co TSE:5724 -2.09% 52 Net-Net Working Capital is 円-869.45 as of Mar. 2026. GuruFocus rates TSE:5724 with a GF Score™ of 52/100 and a GF Value™ of 円1,197.01 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,183 Metals & Mining companies, Asaka Riken Co ranks worse than 84530.77% 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.

Asaka Riken Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was 円-869.45.

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

TSE:5724's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 7.5
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Asaka Riken Co  (TSE:5724) 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.


Asaka Riken Co Net-Net Working Capital Related Terms


Asaka Riken Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Asaka Riken 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.

Asaka Riken Co Net-Net Working Capital Chart

Asaka Riken Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -185.32 -154.31 -276.17 -241.79 -558.28

Asaka Riken Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 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 -496.11 -558.28 -676.37 -869.45 -1,012.76

Asaka Riken Co Net-Net Working Capital Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Asaka Riken 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.


Asaka Riken Co Price-to-Net-Net-Working-Capital vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Asaka Riken Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


TSE:5724
52GF Score
Asaka Riken Co Ltd TSE:5724
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asaka Riken Co Net-Net Working Capital Calculation

Asaka Riken Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2025 is calculated as

Net-Net Working Capital(A: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4150.929+0.75 * 543.632+0.5 * 3031.022-8880.625
-0-0)/5.027
=-558.28

Asaka Riken Co'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)
=(4891.211+0.75 * 707.375+0.5 * 3710.837-11654.827
-0-0)/5.035
=-869.45

* 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-869.45 mean?
Asaka Riken Co (TSE:5724) has a Net-Net Working Capital of 円-869.45 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 Asaka Riken Co According to the industry distribution chart, Asaka Riken Co ranks #999999 out of 1183 companies in the Metals & Mining industry.
Is Asaka Riken Co's Net-Net Working Capital too high?
Asaka Riken Co's current Net-Net Working Capital is 円-869.45. Based on the distribution chart, Asaka Riken Co ranks #999999 out of 1183 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Asaka Riken Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asaka Riken Co's Net-Net Working Capital compare to competitors?
According to the Metals & Mining industry distribution chart, Asaka Riken Co ranks #999999 out of 1183 companies for Net-Net Working Capital. This places Asaka Riken Co in the lower half of its industry. The industry median Net-Net Working Capital is 7.50. 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 Metals & Mining company?
The median Net-Net Working Capital among Metals & Mining companies is 7.50, based on 1,183 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 Asaka Riken Co For the Metals & Mining industry, the median Net-Net Working Capital is 7.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asaka Riken Co's current Net-Net Working Capital is 円-869.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asaka Riken Co stock overvalued right now?
Based on GuruFocus' analysis, Asaka Riken Co (TSE:5724) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,197.01, compared to a current price of 円3,040.00 — trading 154% above its estimated fair value. The current Net-Net Working Capital is 円-869.45. Asaka Riken Co's overall GF Score™ is 52/100 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 Asaka Riken Co (TSE:5724), the current Net-Net Working Capital is 円-869.45 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 Asaka Riken Co (TSE:5724) Overvalued in 2026?

Based on GuruFocus' analysis, Asaka Riken Co stock appears to be overvalued. The current stock price of 円3,040.00 is trading 154% above its estimated GF Value™ of 円1,197.01. GuruFocus considers Asaka Riken Co to be Significantly Overvalued.

Key valuation signals for TSE:5724:

  • Net-Net Working Capital: 円-869.45
  • GF Value™: 円1,197.01 vs. price of 円3,040.00 (154% above fair value)
  • GF Score™: 52/100 with 3 warning signs

No single metric tells the full story. See the TSE:5724 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asaka Riken Co Business Description

Address Tamura Tamura, Tamuramachikanaya Koriyama, Koriyama-shi, Fukushima, JPN, 963-0725
Asaka Riken Co Ltd is engaged in developing eco businesses through metal recycling, photocatalyst, and water treatment businesses.
52GF Score

Get the complete analysis for TSE:5724

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

円3,040.00
Price
円1,197.01
GF Value