Ten Allied Co (TSE:8207) Net-Net Working Capital: 円-27.82 (As of Mar. 2026)

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TSE:8207 Ten Allied Co Ltd TSE:8207
62 GF Score
Price 円301.00
GF Value 円269.05
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Ten Allied Co Net-Net Working Capital?

Ten Allied Co TSE:8207 62 Net-Net Working Capital is 円-27.82 as of Mar. 2026. GuruFocus rates TSE:8207 with a GF Score™ of 62/100 and a GF Value™ of 円269.05 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 47 Restaurants companies, Ten Allied Co ranks worse than 2127657.45% 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.

Ten Allied Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was 円-27.82.

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

TSE:8207's Price-to-Net-Net-Working-Capital is not ranked *
in the Restaurants industry.
Industry Median: 13.81
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Ten Allied Co  (TSE:8207) 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.


Ten Allied Co Net-Net Working Capital Related Terms


Ten Allied Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Ten Allied 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.

Ten Allied Co Net-Net Working Capital Chart

Ten Allied Co 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 -76.96 -68.72 -35.34 -25.70 -27.82

Ten Allied Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 -23.92 -22.82 -24.21 -27.82 -32.15

TSE:8207 vs MCD, SBUX, CMG: Net-Net Working Capital Comparison

For the Restaurants subindustry, Ten Allied 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.


Ten Allied Co Price-to-Net-Net-Working-Capital vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Ten Allied Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


TSE:8207
62GF Score
Ten Allied Co Ltd TSE:8207
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ten Allied Co Net-Net Working Capital Calculation

Ten Allied 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)
=(2567.456+0.75 * 373.799+0.5 * 178.18-4050.575
-0-0)/40.033
=-27.82

Ten Allied 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)
=(2567.456+0.75 * 373.799+0.5 * 178.18-4050.575
-0-0)/40.033
=-27.82

* 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-27.82 mean?
Ten Allied Co (TSE:8207) has a Net-Net Working Capital of 円-27.82 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 Ten Allied Co According to the industry distribution chart, Ten Allied Co ranks #999999 out of 47 companies in the Restaurants industry.
Is Ten Allied Co's Net-Net Working Capital too high?
Ten Allied Co's current Net-Net Working Capital is 円-27.82. Based on the distribution chart, Ten Allied Co ranks #999999 out of 47 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Ten Allied Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ten Allied Co's Net-Net Working Capital compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Ten Allied Co ranks #999999 out of 47 companies for Net-Net Working Capital. This places Ten Allied Co in the lower half of its industry. The industry median Net-Net Working Capital is 13.81. 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 Restaurants company?
The median Net-Net Working Capital among Restaurants companies is 13.81, based on 47 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 Ten Allied Co For the Restaurants industry, the median Net-Net Working Capital is 13.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ten Allied Co's current Net-Net Working Capital is 円-27.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ten Allied Co stock overvalued right now?
Based on GuruFocus' analysis, Ten Allied Co (TSE:8207) is currently considered Modestly Overvalued. The stock's GF Value™ is 円269.05, compared to a current price of 円301.00 — trading 11.9% above its estimated fair value. The current Net-Net Working Capital is 円-27.82. Ten Allied Co's overall GF Score™ is 62/100 with 4 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 Ten Allied Co (TSE:8207), the current Net-Net Working Capital is 円-27.82 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 Ten Allied Co (TSE:8207) Overvalued in 2026?

Based on GuruFocus' analysis, Ten Allied Co stock appears to be overvalued. The current stock price of 円301.00 is trading 11.9% above its estimated GF Value™ of 円269.05. GuruFocus considers Ten Allied Co to be Modestly Overvalued.

Key valuation signals for TSE:8207:

  • Net-Net Working Capital: 円-27.82
  • GF Value™: 円269.05 vs. price of 円301.00 (11.9% above fair value)
  • GF Score™: 62/100 with 4 warning signs

No single metric tells the full story. See the TSE:8207 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ten Allied Co Business Description

Address 2-16-18 Takaban, 4th Floor, K Building, Meguro-ku, Tokyo, JPN, 152-0004
Ten Allied Co Ltd operates a chain of pubs and Japanese restaurants known as Tengu and Kandaya mainly in the Tokyo metropolitan area.
62GF Score

Get the complete analysis for TSE:8207

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

円301.00
Price
円269.05
GF Value