UNCHF (Unicharm) Net-Net Working Capital: $0.35 (As of Mar. 2026)

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UNCHF Unicharm Corp UNCHF
82 GF Score
Price $5.35
GF Value $7.34
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Unicharm Net-Net Working Capital?

Unicharm UNCHF 82 Net-Net Working Capital is $0.35 as of Mar. 2026. GuruFocus rates UNCHF with a GF Score™ of 82/100 and a GF Value™ of $7.34 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 664 Consumer Packaged Goods companies, Unicharm ranks worse than 77.41% 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.

Unicharm's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.35.

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

UNCHF's Price-to-Net-Net-Working-Capital is ranked worse than
77.41% of 664 companies
in the Consumer Packaged Goods industry
Industry Median: 6.53 vs UNCHF: 17.74

Unicharm  (OTCPK:UNCHF) 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.


Unicharm Net-Net Working Capital Related Terms


Unicharm Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Unicharm'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.

Unicharm Net-Net Working Capital Chart

Unicharm Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.21 0.35 0.33 0.38

Unicharm Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.35 0.35 0.28 0.38 0.35

UNCHF vs PG, CL, KVUE: Net-Net Working Capital Comparison

For the Household & Personal Products subindustry, Unicharm'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.


Unicharm Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Unicharm's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


UNCHF
82GF Score
Unicharm Corp UNCHF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unicharm Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2266.434+0.75 * 992.605+0.5 * 791.098-2128.833
-0-619.273)/1739.925
=0.38

Unicharm'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)
=(2115.335+0.75 * 874.966+0.5 * 756.913-1926.026
-0-627.762)/1721.098
=0.35

* 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 $0.35 mean?
Unicharm (UNCHF) has a Net-Net Working Capital of $0.35 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 Unicharm According to the industry distribution chart, Unicharm ranks #514 out of 664 companies in the Consumer Packaged Goods industry, placing it in the top 77.4%.
Is Unicharm's Net-Net Working Capital too high?
Unicharm's current Net-Net Working Capital is $0.35. The Consumer Packaged Goods industry median Net-Net Working Capital is 6.53. Unicharm's value of $0.35 is 94.6% below this industry median. Based on the distribution chart, Unicharm ranks #514 out of 664 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Unicharm has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Unicharm's Net-Net Working Capital compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Unicharm ranks #514 out of 664 companies for Net-Net Working Capital. This places Unicharm in the lower half of its industry. The industry median Net-Net Working Capital is 6.53. Unicharm's value of $0.35 is 94.6% 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 Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.53, based on 664 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. Unicharm's current Net-Net Working Capital of $0.35 is 94.6% 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 Unicharm For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unicharm's current Net-Net Working Capital is $0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unicharm stock overvalued right now?
Based on GuruFocus' analysis, Unicharm (UNCHF) is currently considered Significantly Undervalued. The stock's GF Value™ is $7.34, compared to a current price of $5.35 — trading 27.1% below its estimated fair value. The current Net-Net Working Capital is $0.35 and 94.6% below the Consumer Packaged Goods industry median of 6.53. Unicharm's overall GF Score™ is 82/100 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 Unicharm (UNCHF), the current Net-Net Working Capital is $0.35 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 Unicharm (UNCHF) Overvalued in 2026?

Based on GuruFocus' analysis, Unicharm stock appears to be undervalued. The current stock price of $5.35 is trading 27.1% below its estimated GF Value™ of $7.34. GuruFocus considers Unicharm to be Significantly Undervalued.

Key valuation signals for UNCHF:

  • Net-Net Working Capital: $0.35
  • GF Value™: $7.34 vs. price of $5.35 (27.1% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 94.6% below the Consumer Packaged Goods median (#514 of 664)

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


Unicharm Business Description

Address 3-5-19, Mita, Sumitomo Fudosan Tokyo Mita Garden Tower, Minato-ku, Tokyo, JPN, 108-8575
Focusing on personal hygiene products utilizing nonwoven fabric, Unicharm is the largest manufacturer of disposable baby diapers and feminine sanitary and adult incontinence products in Japan and Asia. Its personal care business accounted for around 80% of its sales as of 2025, with the balance mainly from pet care. Unicharm generates around 60% of its revenue from overseas, of which nearly three-fourths are from Asia, mostly China, Indonesia, and Thailand. India is the fastest-growing market, followed by Vietnam. Outside Asia, Unicharm operates in Saudi Arabia, the Americas, and Europe. Drugstores, supermarkets, baby product specialty stores, and e-commerce are the key sales channels.
82GF Score

Get the complete analysis for UNCHF

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

$5.35
Price
$7.34
GF Value