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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.
Kaname Kogyo Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was 円197.82.
The industry rank for Kaname Kogyo Co's Net-Net Working Capital or its related term are showing as below:
TSE:6566's Price-to-Net-Net-Working-Capital is ranked worse than 52.54% of 59
companies
in the Waste Management industry
Industry Median: 6.19
vs TSE:6566: 6.37
Kaname Kogyo Co (TSE:6566) 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.
Kaname Kogyo Co Net-Net Working Capital Related Terms
Kaname Kogyo Co Net-Net Working Capital Historical Data
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The historical data trend for Kaname Kogyo 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:6566 vs WM, RSG, WCN: Net-Net Working Capital Comparison
For the Waste Management subindustry, Kaname Kogyo 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.
Kaname Kogyo Co Price-to-Net-Net-Working-Capital vs Waste Management Industry
For the Waste Management industry and Industrials sector, Kaname Kogyo Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Kaname Kogyo 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197.82 mean?
Kaname Kogyo Co (TSE:6566) has a Net-Net Working Capital of 円197.82 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 Kaname Kogyo Co According to the industry distribution chart, Kaname Kogyo Co ranks #31 out of 59 companies in the Waste Management industry, placing it in the top 52.5%.
Is Kaname Kogyo Co's Net-Net Working Capital too high?
Kaname Kogyo Co's current Net-Net Working Capital is 円197.82. Based on the distribution chart, Kaname Kogyo Co ranks #31 out of 59 companies in the Waste Management industry, which is below the industry midpoint. Overall, Kaname Kogyo Co has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kaname Kogyo Co's Net-Net Working Capital compare to WM and RSG?
According to the Waste Management industry distribution chart, Kaname Kogyo Co ranks #31 out of 59 companies for Net-Net Working Capital. This places Kaname Kogyo Co in the lower half of its industry. The industry median Net-Net Working Capital is 6.19. 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 Waste Management company?
The median Net-Net Working Capital among Waste Management companies is 6.19, based on 59 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 Kaname Kogyo Co For the Waste Management industry, the median Net-Net Working Capital is 6.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaname Kogyo Co's current Net-Net Working Capital is 円197.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaname Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Kaname Kogyo Co (TSE:6566) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,102.02, compared to a current price of 円1,255.00 — trading 13.9% above its estimated fair value. The current Net-Net Working Capital is 円197.82. Kaname Kogyo Co's overall GF Score™ is 81/100 with 1 warning sign 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 Kaname Kogyo Co (TSE:6566), the current Net-Net Working Capital is 円197.82 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 Kaname Kogyo Co (TSE:6566) Overvalued in 2026?
Based on GuruFocus' analysis, Kaname Kogyo Co stock appears to be overvalued.
The current stock price of 円1,255.00 is trading 13.9% above its estimated GF Value™ of 円1,102.02.
GuruFocus considers Kaname Kogyo Co to be Modestly Overvalued.
Key valuation signals for TSE:6566:
Net-Net Working Capital: 円197.82
GF Value™: 円1,102.02 vs. price of 円1,255.00 (13.9% above fair value)
No single metric tells the full story. See the TSE:6566 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kaname Kogyo Co Ltd is a Japan-based company, engages in the provision of waste management services. It is engaged in collecting, transportation, disposal, and recycling of industrial waste, such as bins, cans, plastic bottles, bulky waste, as well as general waste.
81GF Score
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