Maroc Leasing (CAS:MLE) Graham Number: MAD587.51 (As of Dec. 2025) — 65179% Above Median


What is Maroc Leasing Graham Number?

Maroc Leasing CAS:MLE Graham Number is MAD587.51 as of Dec. 2025, which is 100% below its 10-year median of 0.90.

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 (2026-07-04), the stock price of Maroc Leasing is MAD350.10. Maroc Leasing's graham number for the quarter that ended in Dec. 2025 was MAD587.51. Therefore, Maroc Leasing's Price to Graham Number ratio for today is 0.60.

The historical rank and industry rank for Maroc Leasing's Graham Number or its related term are showing as below:

CAS:MLE' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.57   Med: 0.9   Max: 2.25
Current: 0.6

During the past 13 years, the highest Price to Graham Number ratio of Maroc Leasing was 2.25. The lowest was 0.57. And the median was 0.90.

CAS:MLE's Price-to-Graham-Number is not ranked
in the Banks industry.
Industry Median: 0.8 vs CAS:MLE: 0.60

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


Maroc Leasing  (CAS:MLE) 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.

Maroc Leasing's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=350.10/587.51
=0.60

* 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.


Maroc Leasing Graham Number Related Terms


Maroc Leasing Graham Number Historical Data

* Premium members only.

The historical data trend for Maroc Leasing'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.

Maroc Leasing Graham Number Chart

Maroc Leasing 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 490.59 498.43 552.86 577.03 610.97

Maroc Leasing Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 435.42 594.23 587.51

CAS:MLE vs RKT, FNMA, PFSI: Graham Number Comparison

For the Mortgage Finance subindustry, Maroc Leasing'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.


Maroc Leasing Price-to-Graham-Number vs Banks Industry

For the Banks industry and Financial Services sector, Maroc Leasing's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Maroc Leasing's Price-to-Graham-Number falls into.



Maroc Leasing Graham Number Calculation

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

Maroc Leasing'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*397.01*41.789)
=610.97

Maroc Leasing's Graham Number for the quarter that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*397.01*38.641)
=587.51

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of MAD587.51 mean?
Maroc Leasing (CAS:MLE) has a Graham Number of MAD587.51 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Maroc Leasing and its competitors. This is 65179% above median its historical median of 0.90. Over the past decade, Maroc Leasing's Graham Number has ranged from 0.57 to 2.25.
Is Maroc Leasing's Graham Number too high?
Maroc Leasing's current Graham Number of MAD587.51 is 65179% above median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 2.25.
How does Maroc Leasing's Graham Number compare to RKT and FNMA?
Maroc Leasing's Graham Number of MAD587.51 can be compared against companies in the Banks industry. The industry median Graham Number is 0.80. Historically, Maroc Leasing's own Graham Number has ranged from 0.57 to 2.25 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 Banks company?
The median Graham Number among Banks companies is 0.80, based on 1,433 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 Maroc Leasing and its competitors. For the Banks industry, the median Graham Number is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maroc Leasing's current Graham Number is MAD587.51, which is 65179% above median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maroc Leasing stock overvalued right now?
Maroc Leasing (CAS:MLE) has a current Graham Number of MAD587.51. The stock's GF Value™ is MAD426.29, compared to a current price of MAD350.10 — trading 17.9% below its estimated fair value. The current Graham Number is MAD587.51, which is 65179% above median its 10-year median of 0.90. 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 Maroc Leasing (CAS:MLE), the current Graham Number is MAD587.51 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.

Maroc Leasing Business Description

Address 57. Angle Boulevard Abdelmoumen et Rue Pinel, Casablanca, MAR
Maroc Leasing SA provides lease financing for real estate and furniture. It also helps in financing lease for movable and immovable property professional, commercial and industrial.