Kanemitsu (TSE:7208) Net-Net Working Capital: 円580.44 (As of Mar. 2026)

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TSE:7208 Kanemitsu Corp TSE:7208
73 GF Score
Price 円1,323.00
GF Value 円888.85
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kanemitsu Net-Net Working Capital?

Kanemitsu TSE:7208 +0.30% 73 Net-Net Working Capital is 円580.44 as of Mar. 2026. GuruFocus rates TSE:7208 with a GF Score™ of 73/100 and a GF Value™ of 円888.85 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 375 Vehicles & Parts companies, Kanemitsu ranks better than 82.67% 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.

Kanemitsu's Net-Net Working Capital for the quarter that ended in Mar. 2026 was 円580.44.

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

TSE:7208's Price-to-Net-Net-Working-Capital is ranked better than
82.67% of 375 companies
in the Vehicles & Parts industry
Industry Median: 8.2 vs TSE:7208: 2.28

Kanemitsu  (TSE:7208) 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.


Kanemitsu Net-Net Working Capital Related Terms


Kanemitsu Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Kanemitsu'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.

Kanemitsu Net-Net Working Capital Chart

Kanemitsu 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 -69.43 19.74 12.61 243.92 580.44

Kanemitsu 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 12.61 121.51 243.92 314.62 580.44

TSE:7208 vs ORLY, AZO, GPC: Net-Net Working Capital Comparison

For the Auto Parts subindustry, Kanemitsu'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.


Kanemitsu Price-to-Net-Net-Working-Capital vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kanemitsu's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


TSE:7208
73GF Score
Kanemitsu Corp TSE:7208
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kanemitsu Net-Net Working Capital Calculation

Kanemitsu'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)
=(5040.743+0.75 * 1567.972+0.5 * 887.549-3482.751
-0-209.964)/5.113
=580.44

Kanemitsu'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)
=(5040.743+0.75 * 1567.972+0.5 * 887.549-3482.751
-0-209.964)/5.113
=580.44

* 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580.44 mean?
Kanemitsu (TSE:7208) has a Net-Net Working Capital of 円580.44 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 Kanemitsu According to the industry distribution chart, Kanemitsu ranks #65 out of 375 companies in the Vehicles & Parts industry, placing it in the top 17.3%.
Is Kanemitsu's Net-Net Working Capital too high?
Kanemitsu's current Net-Net Working Capital is 円580.44. Based on the distribution chart, Kanemitsu ranks #65 out of 375 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Kanemitsu has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kanemitsu's Net-Net Working Capital compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Kanemitsu ranks #65 out of 375 companies for Net-Net Working Capital. This places Kanemitsu in the top 17% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 8.20. 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 Vehicles & Parts company?
The median Net-Net Working Capital among Vehicles & Parts companies is 8.20, based on 375 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 Kanemitsu For the Vehicles & Parts industry, the median Net-Net Working Capital is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanemitsu's current Net-Net Working Capital is 円580.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanemitsu stock overvalued right now?
Based on GuruFocus' analysis, Kanemitsu (TSE:7208) is currently considered Significantly Overvalued. The stock's GF Value™ is 円888.85, compared to a current price of 円1,323.00 — trading 48.8% above its estimated fair value. The current Net-Net Working Capital is 円580.44. Kanemitsu's overall GF Score™ is 73/100 with 5 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 Kanemitsu (TSE:7208), the current Net-Net Working Capital is 円580.44 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 Kanemitsu (TSE:7208) Overvalued in 2026?

Based on GuruFocus' analysis, Kanemitsu stock appears to be overvalued. The current stock price of 円1,323.00 is trading 48.8% above its estimated GF Value™ of 円888.85. GuruFocus considers Kanemitsu to be Significantly Overvalued.

Key valuation signals for TSE:7208:

  • Net-Net Working Capital: 円580.44
  • GF Value™: 円888.85 vs. price of 円1,323.00 (48.8% above fair value)
  • GF Score™: 73/100 with 5 warning signs

No single metric tells the full story. See the TSE:7208 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanemitsu Business Description

Address Akashi Plant No.20-26, Okura-honmachi, Hyogo prefecture, Akashi, JPN, 673-0874
Kanemitsu Corp manufactures auto products in Japan. It produces, designs develop and sells metal-sheet pulleys for vehicles, agricultural machinery, and general equipment.
73GF Score

Get the complete analysis for TSE:7208

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

円1,323.00
Price
円888.85
GF Value