Miroku (TSE:7983) Net-Net Working Capital: 円-1,749.59 (As of Apr. 2026)

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TSE:7983 Miroku Corp TSE:7983
53 GF Score
Price 円1,063.00
GF Value 円1,417.48
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Miroku Net-Net Working Capital?

Miroku TSE:7983 -1.57% 53 Net-Net Working Capital is 円-1,749.59 as of Apr. 2026. GuruFocus rates TSE:7983 with a GF Score™ of 53/100 and a GF Value™ of 円1,417.48 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,350 Industrial Products companies, Miroku ranks worse than 74074% 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.

Miroku's Net-Net Working Capital for the quarter that ended in Apr. 2026 was 円-1,749.59.

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

TSE:7983's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 8.21
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Miroku  (TSE:7983) 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.


Miroku Net-Net Working Capital Related Terms


Miroku Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Miroku'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.

Miroku Net-Net Working Capital Chart

Miroku Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 774.35 385.44 227.87 -1,070.51 -1,601.01

Miroku Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 -362.30 -1,070.51 -1,513.08 -1,601.01 -1,749.59

TSE:7983 vs SNA, RBC, SWK: Net-Net Working Capital Comparison

For the Tools & Accessories subindustry, Miroku'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.


Miroku Price-to-Net-Net-Working-Capital vs Industrial Products Industry

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

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


TSE:7983
53GF Score
Miroku Corp TSE:7983
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Miroku Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Oct. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1663.732+0.75 * 2132.184+0.5 * 6271.041-11121.384
-0-0)/2.950
=-1,601.01

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

Net-Net Working Capital(Q: Apr. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1679.643+0.75 * 2317.929+0.5 * 6453.284-11781.518
-0-0)/2.936
=-1,749.59

* 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-1,749.59 mean?
Miroku (TSE:7983) has a Net-Net Working Capital of 円-1,749.59 as of Apr. 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 Miroku According to the industry distribution chart, Miroku ranks #999999 out of 1350 companies in the Industrial Products industry.
Is Miroku's Net-Net Working Capital too high?
Miroku's current Net-Net Working Capital is 円-1,749.59. Based on the distribution chart, Miroku ranks #999999 out of 1350 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Miroku has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Miroku's Net-Net Working Capital compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Miroku ranks #999999 out of 1350 companies for Net-Net Working Capital. This places Miroku in the lower half of its industry. The industry median Net-Net Working Capital is 8.21. 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 Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 8.21, based on 1,350 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 Miroku For the Industrial Products industry, the median Net-Net Working Capital is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miroku's current Net-Net Working Capital is 円-1,749.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miroku stock overvalued right now?
Based on GuruFocus' analysis, Miroku (TSE:7983) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,417.48, compared to a current price of 円1,063.00 — trading 25% below its estimated fair value. The current Net-Net Working Capital is 円-1,749.59. Miroku's overall GF Score™ is 53/100 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 Miroku (TSE:7983), the current Net-Net Working Capital is 円-1,749.59 as of Apr. 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 Miroku (TSE:7983) Overvalued in 2026?

Based on GuruFocus' analysis, Miroku stock appears to be undervalued. The current stock price of 円1,063.00 is trading 25% below its estimated GF Value™ of 円1,417.48. GuruFocus considers Miroku to be Modestly Undervalued.

Key valuation signals for TSE:7983:

  • Net-Net Working Capital: 円-1,749.59
  • GF Value™: 円1,417.48 vs. price of 円1,063.00 (25% below fair value)
  • GF Score™: 53/100 with 6 warning signs

No single metric tells the full story. See the TSE:7983 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miroku Business Description

Address 537-1 Shinohara, Nankoku, Kochi, JPN, 783-0006
Miroku Corp is engaged in manufacturing and selling hunting guns, machine tools, and automotive-related products. Its products include shotguns, rifles for sports, and hunting gun-related goods, hole drilling machines and industrial tools, steering wheels, and automotive-related products. The company generates sales from locations in Japan, America, Belgium, and others. The company has three business segments: the Hunting gun business, the Working machinery Business, IT/IoT/AI Business.
53GF Score

Get the complete analysis for TSE:7983

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

円1,063.00
Price
円1,417.48
GF Value