RVH (TSE:6786) Net-Net Working Capital: 円-2.24 (As of Mar. 2026)

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TSE:6786 RVH Inc TSE:6786
52 GF Score
Price 円48.00
GF Value 円50.37
Valuation Fairly Valued
! 4 Warning Signs
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What is RVH Net-Net Working Capital?

RVH TSE:6786 52 Net-Net Working Capital is 円-2.24 as of Mar. 2026. GuruFocus rates TSE:6786 with a GF Score™ of 52/100 and a GF Value™ of 円50.37 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,229 Software companies, RVH ranks worse than 81366.88% 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.

RVH's Net-Net Working Capital for the quarter that ended in Mar. 2026 was 円-2.24.

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

TSE:6786's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.06
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

RVH  (TSE:6786) 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.


RVH Net-Net Working Capital Related Terms


RVH Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for RVH'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.

RVH Net-Net Working Capital Chart

RVH Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.48 21.52 17.87 14.47 -2.24

RVH Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 17.87 11.97 14.47 -38.65 -2.24

TSE:6786 vs QH, SHOP, UBER: Net-Net Working Capital Comparison

For the Software - Application subindustry, RVH'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.


RVH Price-to-Net-Net-Working-Capital vs Software Industry

For the Software industry and Technology sector, RVH's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


TSE:6786
52GF Score
RVH Inc TSE:6786
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RVH Net-Net Working Capital Calculation

RVH's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net-Net Working Capital(A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(643.177+0.75 * 269.067+0.5 * 53.125-928.163
-0-0)/25.321
=-2.24

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

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(643.177+0.75 * 269.067+0.5 * 53.125-928.163
-0-0)/25.321
=-2.24

* 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-2.24 mean?
RVH (TSE:6786) has a Net-Net Working Capital of 円-2.24 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 RVH According to the industry distribution chart, RVH ranks #999999 out of 1229 companies in the Software industry.
Is RVH's Net-Net Working Capital too high?
RVH's current Net-Net Working Capital is 円-2.24. Based on the distribution chart, RVH ranks #999999 out of 1229 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, RVH has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RVH's Net-Net Working Capital compare to QH and SHOP?
According to the Software industry distribution chart, RVH ranks #999999 out of 1229 companies for Net-Net Working Capital. This places RVH in the lower half of its industry. 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 1,229 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 RVH 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. RVH's current Net-Net Working Capital is 円-2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RVH stock overvalued right now?
Based on GuruFocus' analysis, RVH (TSE:6786) is currently considered Fairly Valued. The stock's GF Value™ is 円50.37, compared to a current price of 円48.00 — trading 4.7% below its estimated fair value. The current Net-Net Working Capital is 円-2.24. RVH's overall GF Score™ is 52/100 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 RVH (TSE:6786), the current Net-Net Working Capital is 円-2.24 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 RVH (TSE:6786) Overvalued in 2026?

Based on GuruFocus' analysis, RVH stock appears to be undervalued. The current stock price of 円48.00 is trading 4.7% below its estimated GF Value™ of 円50.37. GuruFocus considers RVH to be Fairly Valued.

Key valuation signals for TSE:6786:

  • Net-Net Working Capital: 円-2.24
  • GF Value™: 円50.37 vs. price of 円48.00 (4.7% below fair value)
  • GF Score™: 52/100 with 4 warning signs

No single metric tells the full story. See the TSE:6786 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RVH Business Description

Address 5-28 Akasaka, 8-chome, 2nd Floor, Axia Aoyama, Minato-ku, Tokyo, JPN, 107-0052
RVH Inc provides medical imaging software and solutions, including monitor system enhancement equipment, calibration sensors, medical imaging graphic boards. The company segment includes System Development, Renewable Energy, Asset management related business, and Others.
52GF Score

Get the complete analysis for TSE:6786

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

円48.00
Price
円50.37
GF Value