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TV Asahi HoldingsTVAHF 26 Net-Net Working Capital is $1.70 as of Mar. 2026. GuruFocus rates TVAHF with a GF Score™ of 26/100 and a GF Value™ of $15.06 (Significantly Overvalued). Among 371 Media - Diversified companies, TV Asahi Holdings ranks worse than 76.28% 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.
TV Asahi Holdings's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $1.70.
The industry rank for TV Asahi Holdings's Net-Net Working Capital or its related term are showing as below:
TVAHF's Price-to-Net-Net-Working-Capital is ranked worse than 76.28% of 371
companies
in the Media - Diversified industry
Industry Median: 4.3
vs TVAHF: 11.41
TV Asahi Holdings (OTCPK:TVAHF) 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.
TV Asahi Holdings Net-Net Working Capital Related Terms
TV Asahi Holdings Net-Net Working Capital Historical Data
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The historical data trend for TV Asahi Holdings'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.
For the Broadcasting subindustry, TV Asahi Holdings'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.
TV Asahi Holdings Price-to-Net-Net-Working-Capital vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, TV Asahi Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where TV Asahi Holdings'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 $1.70 mean?
TV Asahi Holdings (TVAHF) has a Net-Net Working Capital of $1.70 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 TV Asahi Holdings According to the industry distribution chart, TV Asahi Holdings ranks #283 out of 371 companies in the Media - Diversified industry, placing it in the top 76.3%.
Is TV Asahi Holdings' Net-Net Working Capital too high?
TV Asahi Holdings' current Net-Net Working Capital is $1.70. The Media - Diversified industry median Net-Net Working Capital is 4.30. TV Asahi Holdings' value of $1.70 is 60.5% below this industry median. Based on the distribution chart, TV Asahi Holdings ranks #283 out of 371 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, TV Asahi Holdings has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TV Asahi Holdings' Net-Net Working Capital compare to NXST?
According to the Media - Diversified industry distribution chart, TV Asahi Holdings ranks #283 out of 371 companies for Net-Net Working Capital. This places TV Asahi Holdings in the lower half of its industry. The industry median Net-Net Working Capital is 4.30. TV Asahi Holdings' value of $1.70 is 60.5% below this benchmark. 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 4.30, based on 371 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. TV Asahi Holdings's current Net-Net Working Capital of $1.70 is 60.5% below the industry median. 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 TV Asahi Holdings For the Media - Diversified industry, the median Net-Net Working Capital is 4.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TV Asahi Holdings's current Net-Net Working Capital is $1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TV Asahi Holdings stock overvalued right now?
Based on GuruFocus' analysis, TV Asahi Holdings (TVAHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.06, compared to a current price of $21.00 — trading 39.4% above its estimated fair value. The current Net-Net Working Capital is $1.70 and 60.5% below the Media - Diversified industry median of 4.30. TV Asahi Holdings' overall GF Score™ is 26/100. 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 TV Asahi Holdings (TVAHF), the current Net-Net Working Capital is $1.70 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 TV Asahi Holdings (TVAHF) Overvalued in 2026?
Based on GuruFocus' analysis, TV Asahi Holdings stock appears to be overvalued.
The current stock price of $21.00 is trading 39.4% above its estimated GF Value™ of $15.06.
GuruFocus considers TV Asahi Holdings to be Significantly Overvalued.
Key valuation signals for TVAHF:
Net-Net Working Capital: $1.70
GF Value™: $15.06 vs. price of $21.00 (39.4% above fair value)
Industry Position: 60.5% below the Media - Diversified median (#283 of 371)
No single metric tells the full story. See the TVAHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TV Asahi Holdings Corporation is a Japanese multimedia group. Ranging from its primary business of broadcast TV, the company owns and manages music publishing and miscellaneous businesses. The Television Broadcasting segment is involved in the production and broadcasting of TV programs. The Music Publishing segment attends to music copyrights and related rights as well as the artist management and recording businesses and through the Others segment, it is engaged in event management and the sale of digital goods such as DVDs. The company derives its revenue from TV Broadcasting Business.
26GF Score
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