MetaReal (TSE:6182) Net-Net Working Capital: 円59.44 (As of Feb. 2026)

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TSE:6182 MetaReal Corp TSE:6182
53 GF Score
Price 円510.00
GF Value 円885.64
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is MetaReal Net-Net Working Capital?

MetaReal TSE:6182 -0.39% 53 Net-Net Working Capital is 円59.44 as of Feb. 2026. GuruFocus rates TSE:6182 with a GF Score™ of 53/100 and a GF Value™ of 円885.64 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,220 Software companies, MetaReal ranks worse than 58.03% 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.

MetaReal's Net-Net Working Capital for the quarter that ended in Feb. 2026 was 円59.44.

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

TSE:6182's Price-to-Net-Net-Working-Capital is ranked worse than
58.03% of 1220 companies
in the Software industry
Industry Median: 6.985 vs TSE:6182: 9.17

MetaReal  (TSE:6182) 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.


MetaReal Net-Net Working Capital Related Terms


MetaReal Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for MetaReal'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.

MetaReal Net-Net Working Capital Chart

MetaReal Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -99.83 -32.32 43.39 27.51 59.44

MetaReal Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 28.56 38.76 47.17 59.44 55.62

TSE:6182 vs IBM, ACN, CTSH: Net-Net Working Capital Comparison

For the Information Technology Services subindustry, MetaReal'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.


MetaReal Price-to-Net-Net-Working-Capital vs Software Industry

For the Software industry and Technology sector, MetaReal's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


TSE:6182
53GF Score
MetaReal Corp TSE:6182
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MetaReal Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Feb. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2904.477+0.75 * 528.303+0.5 * 29.34-2668.16
-0-0)/10.888
=59.44

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

Net-Net Working Capital(Q: Feb. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2904.477+0.75 * 528.303+0.5 * 29.34-2668.16
-0-0)/10.888
=59.44

* 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59.44 mean?
MetaReal (TSE:6182) has a Net-Net Working Capital of 円59.44 as of Feb. 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 MetaReal According to the industry distribution chart, MetaReal ranks #708 out of 1220 companies in the Software industry, placing it in the top 58%.
Is MetaReal's Net-Net Working Capital too high?
MetaReal's current Net-Net Working Capital is 円59.44. Based on the distribution chart, MetaReal ranks #708 out of 1220 companies in the Software industry, which is below the industry midpoint. Overall, MetaReal has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MetaReal's Net-Net Working Capital compare to IBM and ACN?
According to the Software industry distribution chart, MetaReal ranks #708 out of 1220 companies for Net-Net Working Capital. This places MetaReal in the lower half of its industry. The industry median Net-Net Working Capital is 6.99. 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 6.99, based on 1,220 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 MetaReal For the Software industry, the median Net-Net Working Capital is 6.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MetaReal's current Net-Net Working Capital is 円59.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MetaReal stock overvalued right now?
Based on GuruFocus' analysis, MetaReal (TSE:6182) is currently considered Significantly Undervalued. The stock's GF Value™ is 円885.64, compared to a current price of 円510.00 — trading 42.4% below its estimated fair value. The current Net-Net Working Capital is 円59.44. MetaReal's overall GF Score™ is 53/100 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 MetaReal (TSE:6182), the current Net-Net Working Capital is 円59.44 as of Feb. 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 MetaReal (TSE:6182) Overvalued in 2026?

Based on GuruFocus' analysis, MetaReal stock appears to be undervalued. The current stock price of 円510.00 is trading 42.4% below its estimated GF Value™ of 円885.64. GuruFocus considers MetaReal to be Significantly Undervalued.

Key valuation signals for TSE:6182:

  • Net-Net Working Capital: 円59.44
  • GF Value™: 円885.64 vs. price of 円510.00 (42.4% below fair value)
  • GF Score™: 53/100 with 3 warning signs

No single metric tells the full story. See the TSE:6182 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MetaReal Business Description

Address 3-7-1 Kanda Jimbocho, New Kudan Building, Chiyoda-ku, Tokyo, JPN, 101-0051
MetaReal Corp is a Japan-based company mainly engaged in the machine translation (MT) business and crowd-sourcing business.
53GF Score

Get the complete analysis for TSE:6182

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

円510.00
Price
円885.64
GF Value