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MedCap ABCHIX:MCAPS 93 Graham Number is kr79.41 as of Mar. 2026, which is 100% below its 10-year median of 4.51. GuruFocus rates CHIX:MCAPS with a GF Score™ of 93/100 and a GF Value™ of kr596.05 (Fairly Valued). Among 403 Medical Devices & Instruments companies, MedCap AB ranks worse than 92.56% 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 (2026-07-17), the stock price of MedCap AB is kr555.00. MedCap AB's graham number for the quarter that ended in Mar. 2026 was kr79.41. Therefore, MedCap AB's Price to Graham Number ratio for today is 6.99.
The historical rank and industry rank for MedCap AB's Graham Number or its related term are showing as below:
CHIX:MCAPs'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.23 Med: 4.51 Max: 47.93
Current: 6.3
During the past 13 years, the highest Price to Graham Number ratio of MedCap AB was 47.93. The lowest was 2.23. And the median was 4.51.
CHIX:MCAPs's Price-to-Graham-Number is ranked worse than 92.56% of 403
companies
in the Medical Devices & Instruments industry
Industry Median: 1.77
vs CHIX:MCAPs: 6.30
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
MedCap AB (CHIX:MCAPs) 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.
MedCap AB's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
555.00
/
79.41
=
6.99
* 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.
MedCap AB Graham Number Related Terms
MedCap AB Graham Number Historical Data
* Premium members only.
The historical data trend for MedCap AB'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.
CHIX:MCAPS vs ABT, SYK, MDT: Graham Number Comparison
For the Medical Devices subindustry, MedCap AB'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.
MedCap AB Price-to-Graham-Number vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, MedCap AB's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where MedCap AB'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.
MedCap AB (CHIX:MCAPS) has a Graham Number of kr79.41 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on MedCap AB and its competitors. This is 1661% above median its historical median of 4.51. Over the past decade, MedCap AB's Graham Number has ranged from 2.23 to 47.93. According to the industry distribution chart, MedCap AB ranks #373 out of 403 companies in the Medical Devices & Instruments industry, placing it in the top 92.6%.
Is MedCap AB's Graham Number too high?
MedCap AB's current Graham Number of kr79.41 is 1661% above median its 10-year median of 4.51. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 47.93. Based on the distribution chart, MedCap AB ranks #373 out of 403 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, MedCap AB has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MedCap AB's Graham Number compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, MedCap AB ranks #373 out of 403 companies for Graham Number. This places MedCap AB in the lower half of its industry. The industry median Graham Number is 1.77. Historically, MedCap AB's own Graham Number has ranged from 2.23 to 47.93 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 Medical Devices & Instruments company?
The median Graham Number among Medical Devices & Instruments companies is 1.77, based on 403 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 MedCap AB and its competitors. For the Medical Devices & Instruments industry, the median Graham Number is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MedCap AB's current Graham Number is kr79.41, which is 1661% above median its own 10-year median of 4.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MedCap AB stock overvalued right now?
Based on GuruFocus' analysis, MedCap AB (CHIX:MCAPS) is currently considered Fairly Valued. The stock's GF Value™ is kr596.05, compared to a current price of kr555.00 — trading 6.9% below its estimated fair value. The current Graham Number is kr79.41, which is 1661% above median its 10-year median of 4.51. MedCap AB's overall GF Score™ is 93/100. 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 MedCap AB (CHIX:MCAPS), the current Graham Number is kr79.41 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 MedCap AB (CHIX:MCAPS) Overvalued in 2026?
Based on GuruFocus' analysis, MedCap AB stock appears to be undervalued.
The current stock price of kr555.00 is trading 6.9% below its estimated GF Value™ of kr596.05.
GuruFocus considers MedCap AB to be Fairly Valued.
Key valuation signals for CHIX:MCAPS:
Graham Number: kr79.41 (1661% above median its 10-year median of 4.51)
GF Value™: kr596.05 vs. price of kr555.00 (6.9% below fair value)
No single metric tells the full story. See the CHIX:MCAPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MedCap AB acquires and develops profitable, market-leading niche companies in the Nordic life science industry. It is diversified into two business areas namely Medical technology and Specialist medicines. Medical Technology mainly develops and sells various medical technology products and services. Its Specialist medicines develop and sell medicines within the regulatory classes of registered, extemporaneous and licensed medicines.
93GF Score
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