Noda (TSE:7879) Net-Net Working Capital: 円-459.40 (As of May. 2026)

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TSE:7879 Noda Corp TSE:7879
56 GF Score
Price 円678.00
GF Value 円805.52
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Noda Net-Net Working Capital?

Noda TSE:7879 +0.59% 56 Net-Net Working Capital is 円-459.40 as of May. 2026. GuruFocus rates TSE:7879 with a GF Score™ of 56/100 and a GF Value™ of 円805.52 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 479 Construction companies, Noda ranks worse than 208768.06% 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.

Noda's Net-Net Working Capital for the quarter that ended in May. 2026 was 円-459.40.

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

TSE:7879's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 6.52
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Noda  (TSE:7879) 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.


Noda Net-Net Working Capital Related Terms


Noda Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Noda'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.

Noda Net-Net Working Capital Chart

Noda Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.44 -20.72 55.32 -235.96 -322.34

Noda Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 -263.45 -330.61 -322.34 -435.72 -459.40

TSE:7879 vs TT, JCI, CARR: Net-Net Working Capital Comparison

For the Building Products & Equipment subindustry, Noda'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.


Noda Price-to-Net-Net-Working-Capital vs Construction Industry

For the Construction industry and Industrials sector, Noda's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


TSE:7879
56GF Score
Noda Corp TSE:7879
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Noda Net-Net Working Capital Calculation

Noda's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Nov. 2025 is calculated as

Net-Net Working Capital(A: Nov. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(19228.728+0.75 * 11891.116+0.5 * 11111.861-33256.725
-0-5492.761)/15.656
=-322.34

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

Net-Net Working Capital(Q: May. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(17852.582+0.75 * 9635.266+0.5 * 11380.127-32079.446
-0-5417.501)/14.645
=-459.40

* 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-459.40 mean?
Noda (TSE:7879) has a Net-Net Working Capital of 円-459.40 as of May. 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 Noda According to the industry distribution chart, Noda ranks #999999 out of 479 companies in the Construction industry.
Is Noda's Net-Net Working Capital too high?
Noda's current Net-Net Working Capital is 円-459.40. Based on the distribution chart, Noda ranks #999999 out of 479 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Noda has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Noda's Net-Net Working Capital compare to TT and JCI?
According to the Construction industry distribution chart, Noda ranks #999999 out of 479 companies for Net-Net Working Capital. This places Noda in the lower half of its industry. The industry median Net-Net Working Capital is 6.52. 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 Construction company?
The median Net-Net Working Capital among Construction companies is 6.52, based on 479 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 Noda For the Construction industry, the median Net-Net Working Capital is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noda's current Net-Net Working Capital is 円-459.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noda stock overvalued right now?
Based on GuruFocus' analysis, Noda (TSE:7879) is currently considered Modestly Undervalued. The stock's GF Value™ is 円805.52, compared to a current price of 円678.00 — trading 15.8% below its estimated fair value. The current Net-Net Working Capital is 円-459.40. Noda's overall GF Score™ is 56/100 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 Noda (TSE:7879), the current Net-Net Working Capital is 円-459.40 as of May. 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 Noda (TSE:7879) Overvalued in 2026?

Based on GuruFocus' analysis, Noda stock appears to be undervalued. The current stock price of 円678.00 is trading 15.8% below its estimated GF Value™ of 円805.52. GuruFocus considers Noda to be Modestly Undervalued.

Key valuation signals for TSE:7879:

  • Net-Net Working Capital: 円-459.40
  • GF Value™: 円805.52 vs. price of 円678.00 (15.8% below fair value)
  • GF Score™: 56/100 with 3 warning signs

No single metric tells the full story. See the TSE:7879 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Noda Business Description

Address 5-13-6, Asakusabashi, Taito-ku, Tokyo, JPN, 111-8533
Noda Corp is engaged in building materials. The company manufacture and sell a wide range of building interior materials such as flooring, inner wall members, interior doors, sliding doors, closets, front hall storage racks, staircase members and handrail members, as well as exterior substrate materials. It also sells laminated wood bonded with braces and provides a method to build a monocoque construction using bearing walls, and Hi-best Wood MDF, which is used as a raw material for building material products and furniture, and the Structural Hi-best Wood, which can be used for enhancing the strength of buildings. It import and sells ordinary plywood, concrete forming plywood, structural plywood and painted plywood.
56GF Score

Get the complete analysis for TSE:7879

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

円678.00
Price
円805.52
GF Value