Cravia (TSE:6573) Net-Net Working Capital: 円0.63 (As of Jun. 2026)

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TSE:6573 Cravia Inc TSE:6573
55 GF Score
Price 円30.00
GF Value 円97.65
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Cravia Net-Net Working Capital?

Cravia TSE:6573 +3.45% 55 Net-Net Working Capital is 円0.63 as of Jun. 2026. GuruFocus rates TSE:6573 with a GF Score™ of 55/100 and a GF Value™ of 円97.65 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 364 Media - Diversified companies, Cravia ranks worse than 88.46% 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.

Cravia's Net-Net Working Capital for the quarter that ended in Jun. 2026 was 円0.63.

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

TSE:6573's Price-to-Net-Net-Working-Capital is ranked worse than
88.46% of 364 companies
in the Media - Diversified industry
Industry Median: 4.59 vs TSE:6573: 47.62

Cravia  (TSE:6573) 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.


Cravia Net-Net Working Capital Related Terms


Cravia Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Cravia'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.

Cravia Net-Net Working Capital Chart

Cravia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -51.38 0.95 -0.65 6.30 -1.67

Cravia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.35 1.64 -1.67 1.10 0.63

TSE:6573 vs APP, OMC, TTD: Net-Net Working Capital Comparison

For the Advertising Agencies subindustry, Cravia'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.


Cravia Price-to-Net-Net-Working-Capital vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Cravia's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


TSE:6573
55GF Score
Cravia Inc TSE:6573
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cravia Net-Net Working Capital Calculation

Cravia's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(89.161+0.75 * 91.964+0.5 * 43.525-234.722
-0-1.534)/33.685
=-1.67

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

Net-Net Working Capital(Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(190.726+0.75 * 41.729+0.5 * 38.644-201.173
-0-1.359)/61.285
=0.63

* 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0.63 mean?
Cravia (TSE:6573) has a Net-Net Working Capital of 円0.63 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 Cravia According to the industry distribution chart, Cravia ranks #322 out of 364 companies in the Media - Diversified industry, placing it in the top 88.5%.
Is Cravia's Net-Net Working Capital too high?
Cravia's current Net-Net Working Capital is 円0.63. Based on the distribution chart, Cravia ranks #322 out of 364 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Cravia has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cravia's Net-Net Working Capital compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Cravia ranks #322 out of 364 companies for Net-Net Working Capital. This places Cravia in the lower half of its industry. The industry median Net-Net Working Capital is 4.59. 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 Media - Diversified company?
The median Net-Net Working Capital among Media - Diversified companies is 4.59, based on 364 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 Cravia For the Media - Diversified industry, the median Net-Net Working Capital is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cravia's current Net-Net Working Capital is 円0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cravia stock overvalued right now?
Based on GuruFocus' analysis, Cravia (TSE:6573) is currently considered Possible Value Trap. The stock's GF Value™ is 円97.65, compared to a current price of 円30.00 — trading 69.3% below its estimated fair value. The current Net-Net Working Capital is 円0.63. Cravia's overall GF Score™ is 55/100 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 Cravia (TSE:6573), the current Net-Net Working Capital is 円0.63 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 Cravia (TSE:6573) Overvalued in 2026?

Based on GuruFocus' analysis, Cravia stock appears to be undervalued. The current stock price of 円30.00 is trading 69.3% below its estimated GF Value™ of 円97.65. GuruFocus considers Cravia to be Possible Value Trap.

Key valuation signals for TSE:6573:

  • Net-Net Working Capital: 円0.63
  • GF Value™: 円97.65 vs. price of 円30.00 (69.3% below fair value)
  • GF Score™: 55/100 with 6 warning signs

No single metric tells the full story. See the TSE:6573 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cravia Business Description

Address 3-8-21 Toranomon 33 Mori Building, 4 Floor, 33 Mori Building, Minato-ku, Tokyo, JPN, 105-0001
Cravia Inc, formerly Agile Media Network Inc is a Japan-based company that engages in the provision of marketing services. It is involved in the advertisement distribution agency and information service businesses using the Internet; and Internet-related system development, Internet-related seminars and event, and publishing businesses.
55GF Score

Get the complete analysis for TSE:6573

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

円30.00
Price
円97.65
GF Value