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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.
The industry rank for Seibu Electric & Machinery Co's Net-Net Working Capital or its related term are showing as below:
TSE:6144's Price-to-Net-Net-Working-Capital is ranked worse than 72.71% of 1312
companies
in the Industrial Products industry
Industry Median: 8.04
vs TSE:6144: 18.68
Seibu Electric & Machinery Co (TSE:6144) 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.
Seibu Electric & Machinery Co Net-Net Working Capital Related Terms
Seibu Electric & Machinery 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.
Seibu Electric & Machinery Co Net-Net Working Capital Chart
TSE:6144 vs GEV, ETN, PH: Net-Net Working Capital Comparison
For the Specialty Industrial Machinery subindustry, Seibu Electric & Machinery 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.
Seibu Electric & Machinery Co Price-to-Net-Net-Working-Capital vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Seibu Electric & Machinery Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Seibu Electric & Machinery 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278.73 mean?
Seibu Electric & Machinery Co (TSE:6144) has a Net-Net Working Capital of 円278.73 as of Jun. 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 Seibu Electric & Machinery Co According to the industry distribution chart, Seibu Electric & Machinery Co ranks #954 out of 1312 companies in the Industrial Products industry, placing it in the top 72.7%.
Is Seibu Electric & Machinery Co's Net-Net Working Capital too high?
Seibu Electric & Machinery Co's current Net-Net Working Capital is 円278.73. Based on the distribution chart, Seibu Electric & Machinery Co ranks #954 out of 1312 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Seibu Electric & Machinery 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 Seibu Electric & Machinery Co's Net-Net Working Capital compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Seibu Electric & Machinery Co ranks #954 out of 1312 companies for Net-Net Working Capital. This places Seibu Electric & Machinery Co in the lower half of its industry. The industry median Net-Net Working Capital is 8.04. 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 an Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 8.04, based on 1,312 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 Seibu Electric & Machinery Co For the Industrial Products industry, the median Net-Net Working Capital is 8.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seibu Electric & Machinery Co's current Net-Net Working Capital is 円278.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seibu Electric & Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Seibu Electric & Machinery Co (TSE:6144) is currently considered Fairly Valued. The stock's GF Value™ is 円2,589.63, compared to a current price of 円2,811.00 — trading 8.5% above its estimated fair value. The current Net-Net Working Capital is 円278.73. Seibu Electric & Machinery Co's overall GF Score™ is 74/100. 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 Seibu Electric & Machinery Co (TSE:6144), the current Net-Net Working Capital is 円278.73 as of Jun. 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 Seibu Electric & Machinery Co (TSE:6144) Overvalued in 2026?
Based on GuruFocus' analysis, Seibu Electric & Machinery Co stock appears to be overvalued.
The current stock price of 円2,811.00 is trading 8.5% above its estimated GF Value™ of 円2,589.63.
GuruFocus considers Seibu Electric & Machinery Co to be Fairly Valued.
Key valuation signals for TSE:6144:
Net-Net Working Capital: 円278.73
GF Value™: 円2,589.63 vs. price of 円2,811.00 (8.5% above fair value)
No single metric tells the full story. See the TSE:6144 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Seibu Electric & Machinery Co Ltd is a diversified machinery manufacturing company. It operates through three business divisions: Distribution Equipment, Industrial Machine division, and Precision Machine division. The Distribution Equipment business provides automated warehousing systems, factory automation systems, automatic case picking systems, piece picking systems, conveyor and handling systems. Industrial Machine division manufactures valve actuators and gate actuators. The Precision Machine division manufactures ultra-precision and high-precision wire EDMs, high-precision, compact NC lathes, and high-precision free-form grinding machines. Its products are used in a wide array of fields including automobiles, electrical equipment, precision machines, and shipbuilding.
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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