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Moura Dubeux EngenhariaBSP:MDNE3 -0.08%76 Graham Number is R$51.80 as of Mar. 2026, which is 100% below its 10-year median of 0.41. GuruFocus rates BSP:MDNE3 with a GF Score™ of 76/100 and a GF Value™ of R$29.46 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,173 Real Estate companies, Moura Dubeux Engenharia ranks better than 74.94% 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.
Moura Dubeux Engenharia (BSP:MDNE3) 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.
Moura Dubeux Engenharia's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
24.90
/
51.80
=
0.48
* 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.
Moura Dubeux Engenharia Graham Number Related Terms
Moura Dubeux Engenharia Graham Number Historical Data
* 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.
BSP:MDNE3 vs CBRE, BEKE, JLL: Graham Number Comparison
For the Real Estate Services subindustry, Moura Dubeux Engenharia'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.
Moura Dubeux Engenharia Price-to-Graham-Number vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Moura Dubeux Engenharia's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Moura Dubeux Engenharia'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.
Moura Dubeux Engenharia (BSP:MDNE3) has a Graham Number of R$51.80 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Moura Dubeux Engenharia and its competitors. This is 12534% above median its historical median of 0.41. Over the past decade, Moura Dubeux Engenharia's Graham Number has ranged from 0.24 to 0.68. According to the industry distribution chart, Moura Dubeux Engenharia ranks #294 out of 1173 companies in the Real Estate industry, placing it in the top 25.1%.
Is Moura Dubeux Engenharia's Graham Number too high?
Moura Dubeux Engenharia's current Graham Number of R$51.80 is 12534% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.68. Based on the distribution chart, Moura Dubeux Engenharia ranks #294 out of 1173 companies in the Real Estate industry, which is above the industry midpoint. Overall, Moura Dubeux Engenharia has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Moura Dubeux Engenharia's Graham Number compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Moura Dubeux Engenharia ranks #294 out of 1173 companies for Graham Number. This puts Moura Dubeux Engenharia in the upper half of its industry. The industry median Graham Number is 0.74. Historically, Moura Dubeux Engenharia's own Graham Number has ranged from 0.24 to 0.68 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 Real Estate company?
The median Graham Number among Real Estate companies is 0.74, based on 1,173 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 Moura Dubeux Engenharia and its competitors. For the Real Estate industry, the median Graham Number is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Moura Dubeux Engenharia's current Graham Number is R$51.80, which is 12534% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moura Dubeux Engenharia stock overvalued right now?
Based on GuruFocus' analysis, Moura Dubeux Engenharia (BSP:MDNE3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$29.46, compared to a current price of R$24.90 — trading 15.5% below its estimated fair value. The current Graham Number is R$51.80, which is 12534% above median its 10-year median of 0.41. Moura Dubeux Engenharia's overall GF Score™ is 76/100 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 Moura Dubeux Engenharia (BSP:MDNE3), the current Graham Number is R$51.80 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 Moura Dubeux Engenharia (BSP:MDNE3) Overvalued in 2026?
Based on GuruFocus' analysis, Moura Dubeux Engenharia stock appears to be undervalued.
The current stock price of R$24.90 is trading 15.5% below its estimated GF Value™ of R$29.46.
GuruFocus considers Moura Dubeux Engenharia to be Modestly Undervalued.
Key valuation signals for BSP:MDNE3:
Graham Number: R$51.80 (12534% above median its 10-year median of 0.41)
GF Value™: R$29.46 vs. price of R$24.90 (15.5% below fair value)
No single metric tells the full story. See the BSP:MDNE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Moura Dubeux Engenharia SA is a real estate developer and builder. The company has two operating segments which include Development and Construction administration services.
76GF Score
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