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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.
Nippon Shindo Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was 円323.47.
The industry rank for Nippon Shindo Co's Net-Net Working Capital or its related term are showing as below:
TSE:5753's Price-to-Net-Net-Working-Capital is ranked better than 68.38% of 1148
companies
in the Metals & Mining industry
Industry Median: 7.67
vs TSE:5753: 4.80
Nippon Shindo Co (TSE:5753) 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.
Nippon Shindo Co Net-Net Working Capital Related Terms
Nippon Shindo Co Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Nippon Shindo 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.
TSE:5753 vs SCCO, FCX: Net-Net Working Capital Comparison
For the Copper subindustry, Nippon Shindo 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.
Nippon Shindo Co Price-to-Net-Net-Working-Capital vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nippon Shindo Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Nippon Shindo 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323.47 mean?
Nippon Shindo Co (TSE:5753) has a Net-Net Working Capital of 円323.47 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 Nippon Shindo Co According to the industry distribution chart, Nippon Shindo Co ranks #363 out of 1148 companies in the Metals & Mining industry, placing it in the top 31.6%.
Is Nippon Shindo Co's Net-Net Working Capital too high?
Nippon Shindo Co's current Net-Net Working Capital is 円323.47. Based on the distribution chart, Nippon Shindo Co ranks #363 out of 1148 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Nippon Shindo Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Shindo Co's Net-Net Working Capital compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Nippon Shindo Co ranks #363 out of 1148 companies for Net-Net Working Capital. This puts Nippon Shindo Co in the upper half of its industry. The industry median Net-Net Working Capital is 7.67. 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 7.67, based on 1,148 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 Nippon Shindo Co For the Metals & Mining industry, the median Net-Net Working Capital is 7.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Shindo Co's current Net-Net Working Capital is 円323.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Shindo Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Shindo Co (TSE:5753) is currently considered Fairly Valued. The stock's GF Value™ is 円2,446.45, compared to a current price of 円2,582.00 — trading 5.5% above its estimated fair value. The current Net-Net Working Capital is 円323.47. Nippon Shindo Co's overall GF Score™ is 74/100 with 2 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 Nippon Shindo Co (TSE:5753), the current Net-Net Working Capital is 円323.47 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 Nippon Shindo Co (TSE:5753) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Shindo Co stock appears to be overvalued.
The current stock price of 円2,582.00 is trading 5.5% above its estimated GF Value™ of 円2,446.45.
GuruFocus considers Nippon Shindo Co to be Fairly Valued.
Key valuation signals for TSE:5753:
Net-Net Working Capital: 円323.47
GF Value™: 円2,446.45 vs. price of 円2,582.00 (5.5% above fair value)
No single metric tells the full story. See the TSE:5753 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Shindo Co Ltd is involved in the manufacturing and distribution of copper alloys, brass rods, wire, forged products and others. The products are utilized in various fields including automobile and electric machinery industries.
74GF 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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