ENREF (Energix-Renewable Energies) Graham Number: $3.33 (As of Mar. 2026) — 32% Above Median


ENREF Energix-Renewable Energies Ltd ENREF
67 GF Score
Price $8.09
GF Value $9.35
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Energix-Renewable Energies Graham Number?

Energix-Renewable Energies ENREF 67 Graham Number is $3.33 as of Mar. 2026, which is 32% above its 10-year median of 2.52. GuruFocus rates ENREF with a GF Score™ of 67/100 and a GF Value™ of $9.35 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 272 Utilities - Independent Power Producers companies, Energix-Renewable Energies ranks worse than 84.19% 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 (2026-06-29), the stock price of Energix-Renewable Energies is $8.09. Energix-Renewable Energies's graham number for the quarter that ended in Mar. 2026 was $3.33. Therefore, Energix-Renewable Energies's Price to Graham Number ratio for today is 2.43.

The historical rank and industry rank for Energix-Renewable Energies's Graham Number or its related term are showing as below:

ENREF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.24   Med: 2.52   Max: 5.87
Current: 2.67

During the past 13 years, the highest Price to Graham Number ratio of Energix-Renewable Energies was 5.87. The lowest was 1.24. And the median was 2.52.

ENREF's Price-to-Graham-Number is ranked worse than
84.19% of 272 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.125 vs ENREF: 2.67

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


Energix-Renewable Energies  (OTCPK:ENREF) 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.

Energix-Renewable Energies's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=8.09/3.33
=2.43

* 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.


Energix-Renewable Energies Graham Number Related Terms


Energix-Renewable Energies Graham Number Historical Data

* Premium members only.

The historical data trend for Energix-Renewable Energies'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.

Energix-Renewable Energies Graham Number Chart

Energix-Renewable Energies 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 1.07 2.14 2.28 2.56 2.49

Energix-Renewable Energies 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 2.44 2.10 2.34 2.49 3.33

Energix-Renewable Energies Graham Number Competitor Comparison

For the Utilities - Renewable subindustry, Energix-Renewable Energies'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.


Energix-Renewable Energies Price-to-Graham-Number vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Energix-Renewable Energies's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Energix-Renewable Energies's Price-to-Graham-Number falls into.


ENREF
67GF Score
Energix-Renewable Energies Ltd ENREF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energix-Renewable Energies Graham Number Calculation

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

Energix-Renewable Energies'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*1.517*0.182)
=2.49

Energix-Renewable Energies'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*1.514*0.326)
=3.33

* 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 $3.33 mean?
Energix-Renewable Energies (ENREF) has a Graham Number of $3.33 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Energix-Renewable Energies and its competitors. This is 32% above median its historical median of 2.52. Over the past decade, Energix-Renewable Energies' Graham Number has ranged from 1.24 to 5.87. According to the industry distribution chart, Energix-Renewable Energies ranks #229 out of 272 companies in the Utilities - Independent Power Producers industry, placing it in the top 84.2%.
Is Energix-Renewable Energies' Graham Number too high?
Energix-Renewable Energies' current Graham Number of $3.33 is 32% above median its 10-year median of 2.52. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 5.87. The Utilities - Independent Power Producers industry median Graham Number is 1.13. Energix-Renewable Energies' value of $3.33 is 196% above this industry median. Based on the distribution chart, Energix-Renewable Energies ranks #229 out of 272 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Energix-Renewable Energies has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Energix-Renewable Energies' Graham Number compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Energix-Renewable Energies ranks #229 out of 272 companies for Graham Number. This places Energix-Renewable Energies in the lower half of its industry. The industry median Graham Number is 1.13. Energix-Renewable Energies' value of $3.33 is 196% above this benchmark. Historically, Energix-Renewable Energies' own Graham Number has ranged from 1.24 to 5.87 over the past decade. While the company's 10-year median is 2.52 vs. the industry median of 1.13, Energix-Renewable Energies has consistently been above the industry average. 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 an Utilities - Independent Power Producers company?
The median Graham Number among Utilities - Independent Power Producers companies is 1.13, based on 272 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. Energix-Renewable Energies's current Graham Number of $3.33 is 196% above the industry median. 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 Energix-Renewable Energies and its competitors. For the Utilities - Independent Power Producers industry, the median Graham Number is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energix-Renewable Energies's current Graham Number is $3.33, which is 32% above median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energix-Renewable Energies stock overvalued right now?
Based on GuruFocus' analysis, Energix-Renewable Energies (ENREF) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.35, compared to a current price of $8.09 — trading 13.5% below its estimated fair value. The current Graham Number is $3.33, which is 32% above median its 10-year median of 2.52 and 196% above the Utilities - Independent Power Producers industry median of 1.13. Energix-Renewable Energies' overall GF Score™ is 67/100 with 10 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 Energix-Renewable Energies (ENREF), the current Graham Number is $3.33 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 Energix-Renewable Energies (ENREF) Overvalued in 2026?

Based on GuruFocus' analysis, Energix-Renewable Energies stock appears to be undervalued. The current stock price of $8.09 is trading 13.5% below its estimated GF Value™ of $9.35. GuruFocus considers Energix-Renewable Energies to be Modestly Undervalued.

Key valuation signals for ENREF:

  • Graham Number: $3.33 (32% above median its 10-year median of 2.52)
  • GF Value™: $9.35 vs. price of $8.09 (13.5% below fair value)
  • GF Score™: 67/100 with 10 warning signs
  • Industry Position: 196% above the Utilities - Independent Power Producers median (#229 of 272)

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


Energix-Renewable Energies Business Description

Other Exchanges ENRG:Israel
Address 2 Jabotinsky Street, Amot Atrium Tower, Ramat Gan, ISR, 5250501
Energix-Renewable Energies Ltd is an Israel based renewable energy company engaged in the field of solar (photovoltaic) and wind energy. The group operates its activities in two reporting segments namely, the Photovoltaic segment, and the Wind segment. It develops, plans, and constructs projects for the production and sale of electricity using its photovoltaic solar systems under the Photovoltaic segment. The company also plans and constructs projects for the production and sale of electricity by using wind energy. Its Wind energy segment projects are located in Israel and Poland. The group generates the majority of its revenue from the Wind segment.
67GF Score

Get the complete analysis for ENREF

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

$8.09
Price
$9.35
GF Value