DROP (Fuse Science) Graham Number: $N/A (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Fuse Science Graham Number?

Fuse Science DROP Graham Number is $N/A as of Mar. 2026. The stock has 4 warning signs investors should review. Among 1,478 Software companies, Fuse Science ranks worse than 67658.93% 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 (2026-07-16), the stock price of Fuse Science is $0.0024. Fuse Science's graham number for the quarter that ended in Mar. 2026 was $N/A. Therefore, Fuse Science's Price to Graham Number ratio for today is N/A.

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

DROP's Price-to-Graham-Number is not ranked *
in the Software industry.
Industry Median: 1.87
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


Fuse Science  (OTCPK:DROP) 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.

Fuse Science's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.0024/N/A
=N/A

* 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.


Fuse Science Graham Number Related Terms


Fuse Science Graham Number Historical Data

* Premium members only.

The historical data trend for Fuse Science'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.

Fuse Science Graham Number Chart

Fuse Science Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Fuse Science Semi-Annual Data
Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar25 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 0.00 0.00 0.00 0.00 0.00

DROP vs SMKG, GMTH, ATDS: Graham Number Comparison

For the Software - Infrastructure subindustry, Fuse Science'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.


Fuse Science Price-to-Graham-Number vs Software Industry

For the Software industry and Technology sector, Fuse Science's Price-to-Graham-Number distribution charts can be found below:

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



Fuse Science Graham Number Calculation

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

Fuse Science's Graham Number for the fiscal year that ended in Sep. 2015 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*-0.14*-0.029)
=N/A

Fuse Science'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*-0*0)
=N/A

* 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 $N/A mean?
Fuse Science (DROP) has a Graham Number of $N/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Fuse Science and its competitors. According to the industry distribution chart, Fuse Science ranks #999999 out of 1478 companies in the Software industry.
Is Fuse Science's Graham Number too high?
Fuse Science's current Graham Number is $N/A. Based on the distribution chart, Fuse Science ranks #999999 out of 1478 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Fuse Science's Graham Number compare to SMKG and GMTH?
According to the Software industry distribution chart, Fuse Science ranks #999999 out of 1478 companies for Graham Number. This places Fuse Science in the lower half of its industry. The industry median Graham Number is 1.87. 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 Software company?
The median Graham Number among Software companies is 1.87, based on 1,478 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 Fuse Science and its competitors. For the Software 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. Fuse Science's current Graham Number is $N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuse Science stock overvalued right now?
Fuse Science (DROP) has a current Graham Number of $N/A. The current Graham Number is $N/A. 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 Fuse Science (DROP), the current Graham Number is $N/A 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.

Fuse Science Business Description

Address 1011 Hinterland Crt, Oshawa, ON, CAN, L1K 2M6
Fuse Science Inc operates Trainday, a cloud-based workforce learning management system. It is a software company that created and maintains the Trainday platform, enabling companies to create data-driven employee and staff training solutions leveraging artificial intelligence and relevant data sources. The platform focuses on creating tailored training modules that are engaging and impactful, allowing companies to develop personalized learning paths and training programs based on the needs of each business. Industries in focus include healthcare, retail, travel, hospitality, manufacturing, finance, government services, and construction. Trainday works to accelerate the transition from industry or company-specific events to full operational readiness.