Motorcycle HoldingsASX:MTO -2.67%83 Graham Number is A$2.41 as of Dec. 2025, which is 100% below its 10-year median of 1.29. GuruFocus rates ASX:MTO with a GF Score™ of 83/100 and a GF Value™ of A$2.65 (Fairly Valued). The stock has 5 warning signs investors should review. Among 984 Vehicles & Parts companies, Motorcycle Holdings ranks better than 52.85% 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 (2026-07-08), the stock price of Motorcycle Holdings is A$2.55. Motorcycle Holdings's graham number for the quarter that ended in Dec. 2025 was A$2.41. Therefore, Motorcycle Holdings's Price to Graham Number ratio for today is 1.06.
The historical rank and industry rank for Motorcycle Holdings's Graham Number or its related term are showing as below:
ASX:MTO'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.56 Med: 1.29 Max: 6.25
Current: 1.06
During the past 10 years, the highest Price to Graham Number ratio of Motorcycle Holdings was 6.25. The lowest was 0.56. And the median was 1.29.
ASX:MTO's Price-to-Graham-Number is ranked better than 52.85% of 984
companies
in the Vehicles & Parts industry
Industry Median: 1.17
vs ASX:MTO: 1.06
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Motorcycle Holdings (ASX:MTO) 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.
Motorcycle Holdings's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
2.55
/
2.41
=
1.06
* 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.
Motorcycle Holdings Graham Number Related Terms
Motorcycle Holdings Graham Number Historical Data
* Premium members only.
The historical data trend for Motorcycle Holdings'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.
ASX:MTO vs CVNA, PAG, ALTB: Graham Number Comparison
For the Auto & Truck Dealerships subindustry, Motorcycle Holdings'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.
Motorcycle Holdings Price-to-Graham-Number vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Motorcycle Holdings's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Motorcycle Holdings's Price-to-Graham-Number 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.
Motorcycle Holdings (ASX:MTO) has a Graham Number of A$2.41 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Motorcycle Holdings and its competitors. This is 87% above median its historical median of 1.29. Over the past decade, Motorcycle Holdings' Graham Number has ranged from 0.56 to 6.25. According to the industry distribution chart, Motorcycle Holdings ranks #464 out of 984 companies in the Vehicles & Parts industry, placing it in the top 47.2%.
Is Motorcycle Holdings' Graham Number too high?
Motorcycle Holdings' current Graham Number of A$2.41 is 87% above median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 6.25. Based on the distribution chart, Motorcycle Holdings ranks #464 out of 984 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Motorcycle Holdings has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Motorcycle Holdings' Graham Number compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Motorcycle Holdings ranks #464 out of 984 companies for Graham Number. This puts Motorcycle Holdings in the upper half of its industry. The industry median Graham Number is 1.17. Historically, Motorcycle Holdings' own Graham Number has ranged from 0.56 to 6.25 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 Vehicles & Parts company?
The median Graham Number among Vehicles & Parts companies is 1.17, based on 984 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 Motorcycle Holdings and its competitors. For the Vehicles & Parts industry, the median Graham Number is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Motorcycle Holdings's current Graham Number is A$2.41, which is 87% above median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Motorcycle Holdings stock overvalued right now?
Based on GuruFocus' analysis, Motorcycle Holdings (ASX:MTO) is currently considered Fairly Valued. The stock's GF Value™ is A$2.65, compared to a current price of A$2.55 — trading 3.8% below its estimated fair value. The current Graham Number is A$2.41, which is 87% above median its 10-year median of 1.29. Motorcycle Holdings' overall GF Score™ is 83/100 with 5 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 Motorcycle Holdings (ASX:MTO), the current Graham Number is A$2.41 as of Dec. 2025. 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 Motorcycle Holdings (ASX:MTO) Overvalued in 2026?
Based on GuruFocus' analysis, Motorcycle Holdings stock appears to be undervalued.
The current stock price of A$2.55 is trading 3.8% below its estimated GF Value™ of A$2.65.
GuruFocus considers Motorcycle Holdings to be Fairly Valued.
Key valuation signals for ASX:MTO:
Graham Number: A$2.41 (87% above median its 10-year median of 1.29)
GF Value™: A$2.65 vs. price of A$2.55 (3.8% below fair value)
No single metric tells the full story. See the ASX:MTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Motorcycle Holdings Ltd is a motorcycle dealer in Australia. It has two reporting segments. First, Motorcycle Retailing, which offers a range of motorcycle products and services to the general public in Australia, including the sale of new and used motorcycles, parts, servicing, accessories, and MPPs. The segment also facilitates insurance and financing for motorcycle purchases through third-party sources. Second, the Motorcycle and Accessories Wholesaling segment, which imports and distributes a range of motorcycles, ATVs, scooters, and motorcycle parts and accessories to wholesale customers in Australia and New Zealand, including the Group's own retail outlets.
83GF Score
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