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UbiteqTSE:6662 -1.78%52 Net-Net Working Capital is 円85.87 as of Jun. 2026. GuruFocus rates TSE:6662 with a GF Score™ of 52/100 and a GF Value™ of 円299.24 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,227 Software companies, Ubiteq ranks better than 84.35% 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.
Ubiteq's Net-Net Working Capital for the quarter that ended in Jun. 2026 was 円85.87.
The industry rank for Ubiteq's Net-Net Working Capital or its related term are showing as below:
TSE:6662's Price-to-Net-Net-Working-Capital is ranked better than 84.35% of 1227
companies
in the Software industry
Industry Median: 7.06
vs TSE:6662: 2.57
Ubiteq (TSE:6662) 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.
Ubiteq Net-Net Working Capital Related Terms
Ubiteq Net-Net Working Capital Historical Data
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The historical data trend for Ubiteq'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:6662 vs MSFT, PLTR, ORCL: Net-Net Working Capital Comparison
For the Software - Infrastructure subindustry, Ubiteq'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.
Ubiteq Price-to-Net-Net-Working-Capital vs Software Industry
For the Software industry and Technology sector, Ubiteq's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Ubiteq'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85.87 mean?
Ubiteq (TSE:6662) has a Net-Net Working Capital of 円85.87 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 Ubiteq According to the industry distribution chart, Ubiteq ranks #192 out of 1227 companies in the Software industry, placing it in the top 15.6%.
Is Ubiteq's Net-Net Working Capital too high?
Ubiteq's current Net-Net Working Capital is 円85.87. Based on the distribution chart, Ubiteq ranks #192 out of 1227 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Ubiteq has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ubiteq's Net-Net Working Capital compare to MSFT and PLTR?
According to the Software industry distribution chart, Ubiteq ranks #192 out of 1227 companies for Net-Net Working Capital. This places Ubiteq in the top 16% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 7.06. 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 7.06, based on 1,227 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 Ubiteq For the Software industry, the median Net-Net Working Capital is 7.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ubiteq's current Net-Net Working Capital is 円85.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ubiteq stock overvalued right now?
Based on GuruFocus' analysis, Ubiteq (TSE:6662) is currently considered Modestly Undervalued. The stock's GF Value™ is 円299.24, compared to a current price of 円221.00 — trading 26.1% below its estimated fair value. The current Net-Net Working Capital is 円85.87. Ubiteq's overall GF Score™ is 52/100 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 Ubiteq (TSE:6662), the current Net-Net Working Capital is 円85.87 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 Ubiteq (TSE:6662) Overvalued in 2026?
Based on GuruFocus' analysis, Ubiteq stock appears to be undervalued.
The current stock price of 円221.00 is trading 26.1% below its estimated GF Value™ of 円299.24.
GuruFocus considers Ubiteq to be Modestly Undervalued.
Key valuation signals for TSE:6662:
Net-Net Working Capital: 円85.87
GF Value™: 円299.24 vs. price of 円221.00 (26.1% below fair value)
No single metric tells the full story. See the TSE:6662 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ubiteq Inc. is a Japanese technology company that develops software and hardware solutions for embedded systems, IoT, and automotive applications. Its business spans contract software development, embedded system security consulting, and quality assurance services for electronic equipment. The company offers a telematics platform supporting connected-car services, factory IoT trial kits, conference room management systems, and video conferencing solutions, alongside cloud services and software outsourcing. Ubiteq serves corporate clients in manufacturing, automotive, and other industries requiring embedded and IoT technologies, primarily in Japan. Revenue is generated through contract development, mass production of hardware and software products, licensing, and recurring cloud and platform service fees. The company was founded in 1970 and is headquartered in Tokyo, Japan.
52GF Score
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