Jordanian Duty Free Shops (AMM:JDFS) Graham Number: JOD4.13 (As of Mar. 2026) — 153% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AMM:JDFS Jordanian Duty Free Shops AMM:JDFS
95 GF Score
Price JOD6.25
GF Value JOD9.85
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Jordanian Duty Free Shops Graham Number?

Jordanian Duty Free Shops AMM:JDFS 95 Graham Number is JOD4.13 as of Mar. 2026, which is 100% below its 10-year median of 1.63. GuruFocus rates AMM:JDFS with a GF Score™ of 95/100 and a GF Value™ of JOD9.85 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 755 Retail - Cyclical companies, Jordanian Duty Free Shops ranks worse than 59.6% on this metric.

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2026-07-20), the stock price of Jordanian Duty Free Shops is JOD6.25. Jordanian Duty Free Shops's graham number for the quarter that ended in Mar. 2026 was JOD4.13. Therefore, Jordanian Duty Free Shops's Price to Graham Number ratio for today is 1.51.

The historical rank and industry rank for Jordanian Duty Free Shops's Graham Number or its related term are showing as below:

AMM:JDFS' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.22   Med: 1.63   Max: 14.55
Current: 1.51

During the past 13 years, the highest Price to Graham Number ratio of Jordanian Duty Free Shops was 14.55. The lowest was 1.22. And the median was 1.63.

AMM:JDFS's Price-to-Graham-Number is ranked worse than
59.6% of 755 companies
in the Retail - Cyclical industry
Industry Median: 1.21 vs AMM:JDFS: 1.51

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Jordanian Duty Free Shops  (AMM:JDFS) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

Jordanian Duty Free Shops's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=6.25/4.13
=1.51

* 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.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


Jordanian Duty Free Shops Graham Number Related Terms


Jordanian Duty Free Shops Graham Number Historical Data

* Premium members only.

The historical data trend for Jordanian Duty Free Shops's Graham Number 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.

Jordanian Duty Free Shops Graham Number Chart

Jordanian Duty Free Shops Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 3.55 3.15 3.75 3.99

Jordanian Duty Free Shops Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Graham Number 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 4.20 3.80 3.33 4.01 4.13

AMM:JDFS vs CASY, WSM, DKS: Graham Number Comparison

For the Specialty Retail subindustry, Jordanian Duty Free Shops's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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.


Jordanian Duty Free Shops Price-to-Graham-Number vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jordanian Duty Free Shops's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Jordanian Duty Free Shops's Price-to-Graham-Number falls into.


AMM:JDFS
95GF Score
Jordanian Duty Free Shops AMM:JDFS
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jordanian Duty Free Shops Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Jordanian Duty Free Shops's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*1.532*0.463)
=3.99

Jordanian Duty Free Shops's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*1.71*0.444)
=4.13

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of JOD4.13 mean?
Jordanian Duty Free Shops (AMM:JDFS) has a Graham Number of JOD4.13 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Jordanian Duty Free Shops and its competitors. This is 153% above median its historical median of 1.63. Over the past decade, Jordanian Duty Free Shops' Graham Number has ranged from 1.22 to 14.55. According to the industry distribution chart, Jordanian Duty Free Shops ranks #450 out of 755 companies in the Retail - Cyclical industry, placing it in the top 59.6%.
Is Jordanian Duty Free Shops' Graham Number too high?
Jordanian Duty Free Shops' current Graham Number of JOD4.13 is 153% above median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 14.55. Based on the distribution chart, Jordanian Duty Free Shops ranks #450 out of 755 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Jordanian Duty Free Shops has a GF Score™ of 95/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jordanian Duty Free Shops' Graham Number compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Jordanian Duty Free Shops ranks #450 out of 755 companies for Graham Number. This places Jordanian Duty Free Shops in the lower half of its industry. The industry median Graham Number is 1.21. Historically, Jordanian Duty Free Shops' own Graham Number has ranged from 1.22 to 14.55 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Retail - Cyclical company?
The median Graham Number among Retail - Cyclical companies is 1.21, based on 755 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number 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 Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Jordanian Duty Free Shops and its competitors. For the Retail - Cyclical industry, the median Graham Number is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jordanian Duty Free Shops's current Graham Number is JOD4.13, which is 153% above median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jordanian Duty Free Shops stock overvalued right now?
Based on GuruFocus' analysis, Jordanian Duty Free Shops (AMM:JDFS) is currently considered Significantly Undervalued. The stock's GF Value™ is JOD9.85, compared to a current price of JOD6.25 — trading 36.5% below its estimated fair value. The current Graham Number is JOD4.13, which is 153% above median its 10-year median of 1.63. Jordanian Duty Free Shops' overall GF Score™ is 95/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Jordanian Duty Free Shops (AMM:JDFS), the current Graham Number is JOD4.13 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 Jordanian Duty Free Shops (AMM:JDFS) Overvalued in 2026?

Based on GuruFocus' analysis, Jordanian Duty Free Shops stock appears to be undervalued. The current stock price of JOD6.25 is trading 36.5% below its estimated GF Value™ of JOD9.85. GuruFocus considers Jordanian Duty Free Shops to be Significantly Undervalued.

Key valuation signals for AMM:JDFS:

  • Graham Number: JOD4.13 (153% above median its 10-year median of 1.63)
  • GF Value™: JOD9.85 vs. price of JOD6.25 (36.5% below fair value)
  • GF Score™: 95/100 with 4 warning signs

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


Jordanian Duty Free Shops Business Description

Address Tunis Street, 4th Circle, P.O.Box 941601, Amoun Complex, Jabal Amman, Amman, JOR, 11194
Jordanian Duty Free Shops is engaged in the business of establishing, operating, managing, and investing in duty-free shops on border crossings. The company's various product offerings include Fragrances, Cosmetics, Accessories, Confectionery, Liquors, Cigarettes, and Tobacco, among others.
95GF Score

Get the complete analysis for AMM:JDFS

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

JOD6.25
Price
JOD9.85
GF Value