Dantax AS (CHIX:DANTC) Graham Number: kr179.37 (As of Mar. 2026) — 20757% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

CHIX:DANTC Dantax AS CHIX:DANTC
68 GF Score
Price kr242.00
GF Value kr247.57
! 4 Warning Signs
View Full Analysis

What is Dantax AS Graham Number?

Dantax AS CHIX:DANTC 68 Graham Number is kr179.37 as of Mar. 2026, which is 100% below its 10-year median of 0.86. GuruFocus rates CHIX:DANTC with a GF Score™ of 68/100 and a GF Value™ of kr247.57. The stock has 4 warning signs investors should review. Among 1,620 Hardware companies, Dantax AS ranks better than 57.47% 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 (2026-07-24), the stock price of Dantax AS is kr242.00. Dantax AS's graham number for the quarter that ended in Mar. 2026 was kr179.37. Therefore, Dantax AS's Price to Graham Number ratio for today is 1.35.

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

CHIX:DANTc' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.45   Med: 0.86   Max: 9.51
Current: 1.62

During the past 13 years, the highest Price to Graham Number ratio of Dantax AS was 9.51. The lowest was 0.45. And the median was 0.86.

CHIX:DANTc's Price-to-Graham-Number is ranked better than
57.47% of 1620 companies
in the Hardware industry
Industry Median: 1.87 vs CHIX:DANTc: 1.62

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


Dantax AS  (CHIX:DANTc) 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.

Dantax AS's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=242.00/179.37
=1.35

* 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.


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.


Dantax AS Graham Number Related Terms


Dantax AS Graham Number Historical Data

* Premium members only.

The historical data trend for Dantax AS'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.

Dantax AS Graham Number Chart

Dantax AS Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 699.77 168.49 227.42 219.45 192.23

Dantax AS 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 210.57 132.95 322.62 223.14 179.37

CHIX:DANTC vs AAPL: Graham Number Comparison

For the Consumer Electronics subindustry, Dantax AS'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.


Dantax AS Price-to-Graham-Number vs Hardware Industry

For the Hardware industry and Technology sector, Dantax AS's Price-to-Graham-Number distribution charts can be found below:

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


CHIX:DANTC
68GF Score
Dantax AS CHIX:DANTC
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dantax AS Graham Number Calculation

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

Dantax AS's Graham Number for the fiscal year that ended in Jun. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*239.61*6.854)
=192.23

Dantax AS'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*111.71*12.8)
=179.37

* 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 kr179.37 mean?
Dantax AS (CHIX:DANTC) has a Graham Number of kr179.37 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Dantax AS and its competitors. This is 20757% above median its historical median of 0.86. Over the past decade, Dantax AS's Graham Number has ranged from 0.45 to 9.51. According to the industry distribution chart, Dantax AS ranks #689 out of 1620 companies in the Hardware industry, placing it in the top 42.5%.
Is Dantax AS's Graham Number too high?
Dantax AS's current Graham Number of kr179.37 is 20757% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 9.51. Based on the distribution chart, Dantax AS ranks #689 out of 1620 companies in the Hardware industry, which is above the industry midpoint. Overall, Dantax AS has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Dantax AS's Graham Number compare to AAPL?
According to the Hardware industry distribution chart, Dantax AS ranks #689 out of 1620 companies for Graham Number. This puts Dantax AS in the upper half of its industry. The industry median Graham Number is 1.87. Historically, Dantax AS's own Graham Number has ranged from 0.45 to 9.51 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 Hardware company?
The median Graham Number among Hardware companies is 1.87, based on 1,620 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 Dantax AS and its competitors. For the Hardware industry, the median Graham Number is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dantax AS's current Graham Number is kr179.37, which is 20757% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dantax AS stock overvalued right now?
Dantax AS (CHIX:DANTC) has a current Graham Number of kr179.37. The stock's GF Value™ is kr247.57, compared to a current price of kr242.00 — trading 2.2% below its estimated fair value. The current Graham Number is kr179.37, which is 20757% above median its 10-year median of 0.86. Dantax AS's overall GF Score™ is 68/100 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 Dantax AS (CHIX:DANTC), the current Graham Number is kr179.37 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 Dantax AS (CHIX:DANTC) Overvalued in 2026?

Based on GuruFocus' analysis, Dantax AS stock appears to be undervalued. The current stock price of kr242.00 is trading 2.2% below its estimated GF Value™ of kr247.57.

Key valuation signals for CHIX:DANTC:

  • Graham Number: kr179.37 (20757% above median its 10-year median of 0.86)
  • GF Value™: kr247.57 vs. price of kr242.00 (2.2% below fair value)
  • GF Score™: 68/100 with 4 warning signs

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


Dantax AS Business Description

Other Exchanges DANT:Denmark
Address Bransagervej 15, Pandrup, DNK, 9490
Dantax AS is a Denmark based firm engaged in the production and marketing of consumer electronics. It is engaged in design, development, production and sales of audio products. The products are sold under the brands Scansonic, Raidho and Harmony. Its product portfolio includes DAB & Internet Adaptor, LCD TV, LCD/DVD Combo TV, Turntables, Audio system, Speakers, LED/DVD combo TV, Portable, HDMI Cables, DVD, & Clock Radio.
68GF Score

Get the complete analysis for CHIX:DANTC

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

kr242.00
Price
kr247.57
GF Value