TORICO Co (TSE:7138) Net-Net Working Capital: 円27.89 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:7138 TORICO Co Ltd TSE:7138
50 GF Score
Price 円152.00
GF Value 円84.13
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is TORICO Co Net-Net Working Capital?

TORICO Co TSE:7138 +2.70% 50 Net-Net Working Capital is 円27.89 as of Mar. 2026. GuruFocus rates TSE:7138 with a GF Score™ of 50/100 and a GF Value™ of 円84.13 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 290 Interactive Media companies, TORICO Co ranks worse than 57.93% 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.

TORICO Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was 円27.89.

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

TSE:7138's Price-to-Net-Net-Working-Capital is ranked worse than
57.93% of 290 companies
in the Interactive Media industry
Industry Median: 4.935 vs TSE:7138: 6.04

TORICO Co  (TSE:7138) 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.


TORICO Co Net-Net Working Capital Related Terms


TORICO Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for TORICO 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.

TORICO Co Net-Net Working Capital Chart

TORICO Co Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial 76.09 88.43 26.92 48.17 27.89

TORICO Co Quarterly Data
Mar20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 43.12 70.65 55.74 27.89 25.16

TSE:7138 vs GOOGL, META, SPOT: Net-Net Working Capital Comparison

For the Internet Content & Information subindustry, TORICO 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.


TORICO Co Price-to-Net-Net-Working-Capital vs Interactive Media Industry

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

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


TSE:7138
50GF Score
TORICO Co Ltd TSE:7138
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TORICO Co Net-Net Working Capital Calculation

TORICO Co'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)
=(660.604+0.75 * 215.686+0.5 * 435.735-605.011
-0-0)/15.604
=27.89

TORICO Co'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)
=(660.604+0.75 * 215.686+0.5 * 435.735-605.011
-0-0)/15.604
=27.89

* 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27.89 mean?
TORICO Co (TSE:7138) has a Net-Net Working Capital of 円27.89 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 TORICO Co According to the industry distribution chart, TORICO Co ranks #168 out of 290 companies in the Interactive Media industry, placing it in the top 57.9%.
Is TORICO Co's Net-Net Working Capital too high?
TORICO Co's current Net-Net Working Capital is 円27.89. Based on the distribution chart, TORICO Co ranks #168 out of 290 companies in the Interactive Media industry, which is below the industry midpoint. Overall, TORICO Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TORICO Co's Net-Net Working Capital compare to GOOGL and META?
According to the Interactive Media industry distribution chart, TORICO Co ranks #168 out of 290 companies for Net-Net Working Capital. This places TORICO Co in the lower half of its industry. The industry median Net-Net Working Capital is 4.94. 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 an Interactive Media company?
The median Net-Net Working Capital among Interactive Media companies is 4.94, based on 290 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 TORICO Co For the Interactive Media industry, the median Net-Net Working Capital is 4.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TORICO Co's current Net-Net Working Capital is 円27.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TORICO Co stock overvalued right now?
Based on GuruFocus' analysis, TORICO Co (TSE:7138) is currently considered Significantly Overvalued. The stock's GF Value™ is 円84.13, compared to a current price of 円152.00 — trading 80.7% above its estimated fair value. The current Net-Net Working Capital is 円27.89. TORICO Co's overall GF Score™ is 50/100 with 3 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 TORICO Co (TSE:7138), the current Net-Net Working Capital is 円27.89 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 TORICO Co (TSE:7138) Overvalued in 2026?

Based on GuruFocus' analysis, TORICO Co stock appears to be overvalued. The current stock price of 円152.00 is trading 80.7% above its estimated GF Value™ of 円84.13. GuruFocus considers TORICO Co to be Significantly Overvalued.

Key valuation signals for TSE:7138:

  • Net-Net Working Capital: 円27.89
  • GF Value™: 円84.13 vs. price of 円152.00 (80.7% above fair value)
  • GF Score™: 50/100 with 3 warning signs

No single metric tells the full story. See the TSE:7138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TORICO Co Business Description

Address 2-1-30 Kudan Minami, 9th floor, Italian Cultural Institute Building, Chiyoda-ku, Tokyo, JPN, 102-0072
TORICO Co Ltd is engaged in the operation of Comic EC MANGAZENKAN.COM and planning, development, marketing, and sales of Manga/Japanese animation goods and various Manga-based services.
50GF Score

Get the complete analysis for TSE:7138

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

円152.00
Price
円84.13
GF Value