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BushiroadTSE:7803 -4.52%72 Net-Net Working Capital is 円32.83 as of Mar. 2026. GuruFocus rates TSE:7803 with a GF Score™ of 72/100 and a GF Value™ of 円294.14 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 283 Interactive Media companies, Bushiroad ranks worse than 75.27% 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.
Bushiroad's Net-Net Working Capital for the quarter that ended in Mar. 2026 was 円32.83.
The industry rank for Bushiroad's Net-Net Working Capital or its related term are showing as below:
TSE:7803's Price-to-Net-Net-Working-Capital is ranked worse than 75.27% of 283
companies
in the Interactive Media industry
Industry Median: 5
vs TSE:7803: 11.54
Bushiroad (TSE:7803) 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.
Bushiroad Net-Net Working Capital Related Terms
Bushiroad Net-Net Working Capital Historical Data
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The historical data trend for Bushiroad'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:7803 vs NTES, EA, TTWO: Net-Net Working Capital Comparison
For the Electronic Gaming & Multimedia subindustry, Bushiroad'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.
Bushiroad Price-to-Net-Net-Working-Capital vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Bushiroad's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Bushiroad'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32.83 mean?
Bushiroad (TSE:7803) has a Net-Net Working Capital of 円32.83 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 Bushiroad According to the industry distribution chart, Bushiroad ranks #213 out of 283 companies in the Interactive Media industry, placing it in the top 75.3%.
Is Bushiroad's Net-Net Working Capital too high?
Bushiroad's current Net-Net Working Capital is 円32.83. Based on the distribution chart, Bushiroad ranks #213 out of 283 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Bushiroad has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bushiroad's Net-Net Working Capital compare to NTES and EA?
According to the Interactive Media industry distribution chart, Bushiroad ranks #213 out of 283 companies for Net-Net Working Capital. This places Bushiroad in the lower half of its industry. The industry median Net-Net Working Capital is 5.00. 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 5.00, based on 283 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 Bushiroad For the Interactive Media industry, the median Net-Net Working Capital is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bushiroad's current Net-Net Working Capital is 円32.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bushiroad stock overvalued right now?
Based on GuruFocus' analysis, Bushiroad (TSE:7803) is currently considered Significantly Overvalued. The stock's GF Value™ is 円294.14, compared to a current price of 円401.00 — trading 36.3% above its estimated fair value. The current Net-Net Working Capital is 円32.83. Bushiroad's overall GF Score™ is 72/100 with 6 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 Bushiroad (TSE:7803), the current Net-Net Working Capital is 円32.83 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 Bushiroad (TSE:7803) Overvalued in 2026?
Based on GuruFocus' analysis, Bushiroad stock appears to be overvalued.
The current stock price of 円401.00 is trading 36.3% above its estimated GF Value™ of 円294.14.
GuruFocus considers Bushiroad to be Significantly Overvalued.
Key valuation signals for TSE:7803:
Net-Net Working Capital: 円32.83
GF Value™: 円294.14 vs. price of 円401.00 (36.3% above fair value)
No single metric tells the full story. See the TSE:7803 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bushiroad Inc is engaged in the development, manufacturing and sales of trading card games using various IPs, mobile online games, video and music contents, events and goods.
72GF Score
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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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