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Shochiku CoTSE:9601 -3.96%75 Net-Net Working Capital is 円-6,387.81 as of Feb. 2026. GuruFocus rates TSE:9601 with a GF Score™ of 75/100 and a GF Value™ of 円12,662.96 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 386 Media - Diversified companies, Shochiku Co ranks worse than 259067.1% 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.
Shochiku Co's Net-Net Working Capital for the quarter that ended in Feb. 2026 was 円-6,387.81.
The industry rank for Shochiku Co's Net-Net Working Capital or its related term are showing as below:
TSE:9601's Price-to-Net-Net-Working-Capital is not ranked *
in the Media - Diversified industry.
Industry Median: 4.37 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Shochiku Co (TSE:9601) 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.
Shochiku Co Net-Net Working Capital Related Terms
Shochiku Co Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Shochiku 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.
TSE:9601 vs NFLX, DIS, WBD: Net-Net Working Capital Comparison
For the Entertainment subindustry, Shochiku 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.
Shochiku Co Price-to-Net-Net-Working-Capital vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Shochiku Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Shochiku Co'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-6,387.81 mean?
Shochiku Co (TSE:9601) has a Net-Net Working Capital of 円-6,387.81 as of Feb. 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 Shochiku Co According to the industry distribution chart, Shochiku Co ranks #999999 out of 386 companies in the Media - Diversified industry.
Is Shochiku Co's Net-Net Working Capital too high?
Shochiku Co's current Net-Net Working Capital is 円-6,387.81. Based on the distribution chart, Shochiku Co ranks #999999 out of 386 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Shochiku Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shochiku Co's Net-Net Working Capital compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Shochiku Co ranks #999999 out of 386 companies for Net-Net Working Capital. This places Shochiku Co in the lower half of its industry. The industry median Net-Net Working Capital is 4.37. 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 Media - Diversified company?
The median Net-Net Working Capital among Media - Diversified companies is 4.37, based on 386 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 Shochiku Co For the Media - Diversified industry, the median Net-Net Working Capital is 4.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shochiku Co's current Net-Net Working Capital is 円-6,387.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shochiku Co stock overvalued right now?
Based on GuruFocus' analysis, Shochiku Co (TSE:9601) is currently considered Modestly Undervalued. The stock's GF Value™ is 円12,662.96, compared to a current price of 円10,660.00 — trading 15.8% below its estimated fair value. The current Net-Net Working Capital is 円-6,387.81. Shochiku Co's overall GF Score™ is 75/100 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 Shochiku Co (TSE:9601), the current Net-Net Working Capital is 円-6,387.81 as of Feb. 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 Shochiku Co (TSE:9601) Overvalued in 2026?
Based on GuruFocus' analysis, Shochiku Co stock appears to be undervalued.
The current stock price of 円10,660.00 is trading 15.8% below its estimated GF Value™ of 円12,662.96.
GuruFocus considers Shochiku Co to be Modestly Undervalued.
Key valuation signals for TSE:9601:
Net-Net Working Capital: 円-6,387.81
GF Value™: 円12,662.96 vs. price of 円10,660.00 (15.8% below fair value)
No single metric tells the full story. See the TSE:9601 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shochiku Co Ltd is a diversified media company that mainly operates in the film and production industry. The company has three business segments, which include Video-related business, theater business, and real estate business. The Video-related business includes the production, sale, distribution, and exhibition of theatrical films, the production and sale of television films, and BS/CS broadcasting. The theatre segment includes planning, production, and staging of theatrical performances, as well as the placement of actors and talents, and dance. The real estate business segment owns and leases development properties. The other business largely focuses on merchandise sales. The company earns the vast majority of its revenue in Japan.
75GF Score
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