eMnet Japan Co (TSE:7036) Net-Net Working Capital: 円17.57 (As of Jun. 2026)

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TSE:7036 eMnet Japan Co Ltd TSE:7036
63 GF Score
Price 円661.00
GF Value 円819.88
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is eMnet Japan Co Net-Net Working Capital?

eMnet Japan Co TSE:7036 63 Net-Net Working Capital is 円17.57 as of Jun. 2026. GuruFocus rates TSE:7036 with a GF Score™ of 63/100 and a GF Value™ of 円819.88 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 387 Media - Diversified companies, eMnet Japan Co ranks worse than 93.02% 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.

eMnet Japan Co's Net-Net Working Capital for the quarter that ended in Jun. 2026 was 円17.57.

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

TSE:7036's Price-to-Net-Net-Working-Capital is ranked worse than
93.02% of 387 companies
in the Media - Diversified industry
Industry Median: 4.48 vs TSE:7036: 37.62

eMnet Japan Co  (TSE:7036) 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.


eMnet Japan Co Net-Net Working Capital Related Terms


eMnet Japan Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for eMnet Japan 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.

eMnet Japan Co Net-Net Working Capital Chart

eMnet Japan Co 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 216.03 197.30 188.27 101.44 -33.69

eMnet Japan Co 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 125.87 121.87 -33.69 13.11 17.57

TSE:7036 vs APP, OMC, TTD: Net-Net Working Capital Comparison

For the Advertising Agencies subindustry, eMnet Japan 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.


eMnet Japan Co Price-to-Net-Net-Working-Capital vs Media - Diversified Industry

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

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


TSE:7036
63GF Score
eMnet Japan Co Ltd TSE:7036
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

eMnet Japan Co Net-Net Working Capital Calculation

eMnet Japan Co'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)
=(567.499+0.75 * 1147.228+0.5 * 0-1558.226
-0-0)/3.868
=-33.69

eMnet Japan Co'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)
=(573.545+0.75 * 965.987+0.5 * 0-1230.071
-0-0)/3.868
=17.57

* 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17.57 mean?
eMnet Japan Co (TSE:7036) has a Net-Net Working Capital of 円17.57 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 eMnet Japan Co According to the industry distribution chart, eMnet Japan Co ranks #360 out of 387 companies in the Media - Diversified industry, placing it in the top 93%.
Is eMnet Japan Co's Net-Net Working Capital too high?
eMnet Japan Co's current Net-Net Working Capital is 円17.57. Based on the distribution chart, eMnet Japan Co ranks #360 out of 387 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, eMnet Japan Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does eMnet Japan Co's Net-Net Working Capital compare to APP and OMC?
According to the Media - Diversified industry distribution chart, eMnet Japan Co ranks #360 out of 387 companies for Net-Net Working Capital. This places eMnet Japan Co in the lower half of its industry. The industry median Net-Net Working Capital is 4.48. 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 4.48, based on 387 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 eMnet Japan Co For the Media - Diversified industry, the median Net-Net Working Capital is 4.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. eMnet Japan Co's current Net-Net Working Capital is 円17.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eMnet Japan Co stock overvalued right now?
Based on GuruFocus' analysis, eMnet Japan Co (TSE:7036) is currently considered Modestly Undervalued. The stock's GF Value™ is 円819.88, compared to a current price of 円661.00 — trading 19.4% below its estimated fair value. The current Net-Net Working Capital is 円17.57. eMnet Japan Co's overall GF Score™ is 63/100 with 2 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 eMnet Japan Co (TSE:7036), the current Net-Net Working Capital is 円17.57 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 eMnet Japan Co (TSE:7036) Overvalued in 2026?

Based on GuruFocus' analysis, eMnet Japan Co stock appears to be undervalued. The current stock price of 円661.00 is trading 19.4% below its estimated GF Value™ of 円819.88. GuruFocus considers eMnet Japan Co to be Modestly Undervalued.

Key valuation signals for TSE:7036:

  • Net-Net Working Capital: 円17.57
  • GF Value™: 円819.88 vs. price of 円661.00 (19.4% below fair value)
  • GF Score™: 63/100 with 2 warning signs

No single metric tells the full story. See the TSE:7036 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


eMnet Japan Co Business Description

Address 6-10-1 Nishi-Shinjuku, Land Nishi-Shinjuku Building 10th Floor, Shinjuku-ku, Tokyo, JPN, 160-0023
eMnet Japan Co Ltd operates internet advertising business. The company's services include searched linked advertisement, display advertisement, Social advertisement, Feed advertisement, Net advertisement, and Overseas advertisement.
63GF Score

Get the complete analysis for TSE:7036

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

円661.00
Price
円819.88
GF Value