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BalmudaTSE:6612 62 Net-Net Working Capital is 円39.09 as of Jun. 2026. GuruFocus rates TSE:6612 with a GF Score™ of 62/100 and a GF Value™ of 円644.63 (Fairly Valued). The stock has 4 warning signs investors should review. Among 173 Furnishings, Fixtures & Appliances companies, Balmuda ranks worse than 71.68% 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.
Balmuda's Net-Net Working Capital for the quarter that ended in Jun. 2026 was 円39.09.
The industry rank for Balmuda's Net-Net Working Capital or its related term are showing as below:
TSE:6612's Price-to-Net-Net-Working-Capital is ranked worse than 71.68% of 173
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 6.41
vs TSE:6612: 14.52
Balmuda (TSE:6612) 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.
Balmuda Net-Net Working Capital Related Terms
Balmuda Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Balmuda'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:6612 vs SN, SGI, MHK: Net-Net Working Capital Comparison
For the Furnishings, Fixtures & Appliances subindustry, Balmuda'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.
Balmuda Price-to-Net-Net-Working-Capital vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Balmuda's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Balmuda'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39.09 mean?
Balmuda (TSE:6612) has a Net-Net Working Capital of 円39.09 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 Balmuda According to the industry distribution chart, Balmuda ranks #124 out of 173 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 71.7%.
Is Balmuda's Net-Net Working Capital too high?
Balmuda's current Net-Net Working Capital is 円39.09. Based on the distribution chart, Balmuda ranks #124 out of 173 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Balmuda has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Balmuda's Net-Net Working Capital compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Balmuda ranks #124 out of 173 companies for Net-Net Working Capital. This places Balmuda in the lower half of its industry. The industry median Net-Net Working Capital is 6.41. 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 Furnishings, Fixtures & Appliances company?
The median Net-Net Working Capital among Furnishings, Fixtures & Appliances companies is 6.41, based on 173 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 Balmuda For the Furnishings, Fixtures & Appliances industry, the median Net-Net Working Capital is 6.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balmuda's current Net-Net Working Capital is 円39.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balmuda stock overvalued right now?
Based on GuruFocus' analysis, Balmuda (TSE:6612) is currently considered Fairly Valued. The stock's GF Value™ is 円644.63, compared to a current price of 円589.00 — trading 8.6% below its estimated fair value. The current Net-Net Working Capital is 円39.09. Balmuda's overall GF Score™ is 62/100 with 4 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 Balmuda (TSE:6612), the current Net-Net Working Capital is 円39.09 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 Balmuda (TSE:6612) Overvalued in 2026?
Based on GuruFocus' analysis, Balmuda stock appears to be undervalued.
The current stock price of 円589.00 is trading 8.6% below its estimated GF Value™ of 円644.63.
GuruFocus considers Balmuda to be Fairly Valued.
Key valuation signals for TSE:6612:
Net-Net Working Capital: 円39.09
GF Value™: 円644.63 vs. price of 円589.00 (8.6% below fair value)
No single metric tells the full story. See the TSE:6612 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Balmuda Inc is engaged in the design, development, manufacturing, and marketing and sales of home appliances. The product portfolio of the group include kitchen equipment, lighting equipment, cleaning equipment, audio and others.
62GF Score
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