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Hephaist CoTSE:6433 +1.22%42 Net-Net Working Capital is 円-143.06 as of Mar. 2026. GuruFocus rates TSE:6433 with a GF Score™ of 42/100 and a GF Value™ of 円176.20 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,311 Industrial Products companies, Hephaist Co ranks worse than 76277.57% 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.
Hephaist Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was 円-143.06.
The industry rank for Hephaist Co's Net-Net Working Capital or its related term are showing as below:
TSE:6433's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 8.28 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Hephaist Co (TSE:6433) 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.
Hephaist Co Net-Net Working Capital Related Terms
Hephaist Co Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Hephaist 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:6433 vs ATI, CRS, MLI: Net-Net Working Capital Comparison
For the Metal Fabrication subindustry, Hephaist 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.
Hephaist Co Price-to-Net-Net-Working-Capital vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hephaist Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Hephaist 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-143.06 mean?
Hephaist Co (TSE:6433) has a Net-Net Working Capital of 円-143.06 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 Hephaist Co According to the industry distribution chart, Hephaist Co ranks #999999 out of 1311 companies in the Industrial Products industry.
Is Hephaist Co's Net-Net Working Capital too high?
Hephaist Co's current Net-Net Working Capital is 円-143.06. Based on the distribution chart, Hephaist Co ranks #999999 out of 1311 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hephaist Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hephaist Co's Net-Net Working Capital compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Hephaist Co ranks #999999 out of 1311 companies for Net-Net Working Capital. This places Hephaist Co in the lower half of its industry. The industry median Net-Net Working Capital is 8.28. 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 8.28, based on 1,311 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 Hephaist Co For the Industrial Products industry, the median Net-Net Working Capital is 8.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hephaist Co's current Net-Net Working Capital is 円-143.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hephaist Co stock overvalued right now?
Based on GuruFocus' analysis, Hephaist Co (TSE:6433) is currently considered Significantly Overvalued. The stock's GF Value™ is 円176.20, compared to a current price of 円1,081.00 — trading 513.5% above its estimated fair value. The current Net-Net Working Capital is 円-143.06. Hephaist Co's overall GF Score™ is 42/100 with 6 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 Hephaist Co (TSE:6433), the current Net-Net Working Capital is 円-143.06 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 Hephaist Co (TSE:6433) Overvalued in 2026?
Based on GuruFocus' analysis, Hephaist Co stock appears to be overvalued.
The current stock price of 円1,081.00 is trading 513.5% above its estimated GF Value™ of 円176.20.
GuruFocus considers Hephaist Co to be Significantly Overvalued.
Key valuation signals for TSE:6433:
Net-Net Working Capital: 円-143.06
GF Value™: 円176.20 vs. price of 円1,081.00 (513.5% above fair value)
No single metric tells the full story. See the TSE:6433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hephaist Co Ltd is engaged in the metal fabrication business in Japan. The firm is a manufacturer of small-diameter linear ball bushings. It is engaged in products in various fields such as automobiles, semiconductors, and electronic devices. The company's core business includes Linear motion, Ultra-precision machining, and System products, among others.
42GF Score
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