Kanamic Network Co (FRA:0WT) Graham Number: €1.17 (As of Mar. 2026) — 81% Below Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

FRA:0WT Kanamic Network Co Ltd FRA:0WT
93 GF Score
Price €2.72
GF Value €3.34
! 3 Warning Signs
View Full Analysis

What is Kanamic Network Co Graham Number?

Kanamic Network Co FRA:0WT 93 Graham Number is €1.17 as of Mar. 2026, which is 100% below its 10-year median of 6.27. GuruFocus rates FRA:0WT with a GF Score™ of 93/100 and a GF Value™ of €3.34. The stock has 3 warning signs investors should review. Among 369 Healthcare Providers & Services companies, Kanamic Network Co ranks worse than 65.85% 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 (2026-08-07), the stock price of Kanamic Network Co is €2.72. Kanamic Network Co's graham number for the quarter that ended in Mar. 2026 was €1.17. Therefore, Kanamic Network Co's Price to Graham Number ratio for today is 2.32.

The historical rank and industry rank for Kanamic Network Co's Graham Number or its related term are showing as below:

FRA:0WT' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.25   Med: 6.27   Max: 16.51
Current: 2.45

During the past 11 years, the highest Price to Graham Number ratio of Kanamic Network Co was 16.51. The lowest was 2.25. And the median was 6.27.

FRA:0WT's Price-to-Graham-Number is ranked worse than
65.85% of 369 companies
in the Healthcare Providers & Services industry
Industry Median: 1.65 vs FRA:0WT: 2.45

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


Kanamic Network Co  (FRA:0WT) 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.

Kanamic Network Co's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=2.72/1.17
=2.32

* 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.


Kanamic Network Co Graham Number Related Terms


Kanamic Network Co Graham Number Historical Data

* Premium members only.

The historical data trend for Kanamic Network Co'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.

Kanamic Network Co Graham Number Chart

Kanamic Network Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.77 0.78 1.03 1.09

Kanamic Network Co 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 1.02 1.08 1.11 1.09 1.17

FRA:0WT vs VEEV, BTSG, HQY: Graham Number Comparison

For the Health Information Services subindustry, Kanamic Network Co'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.


Kanamic Network Co Price-to-Graham-Number vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kanamic Network Co's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Kanamic Network Co's Price-to-Graham-Number falls into.


FRA:0WT
93GF Score
Kanamic Network Co Ltd FRA:0WT
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kanamic Network Co Graham Number Calculation

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

Kanamic Network Co's Graham Number for the fiscal year that ended in Sep. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.388*0.135)
=1.09

Kanamic Network Co'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*0.407*0.15)
=1.17

* 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 €1.17 mean?
Kanamic Network Co (FRA:0WT) has a Graham Number of €1.17 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Kanamic Network Co and its competitors. This is 81% below median its historical median of 6.27. Over the past decade, Kanamic Network Co's Graham Number has ranged from 2.25 to 16.51. According to the industry distribution chart, Kanamic Network Co ranks #243 out of 369 companies in the Healthcare Providers & Services industry, placing it in the top 65.9%.
Is Kanamic Network Co's Graham Number too high?
Kanamic Network Co's current Graham Number of €1.17 is 81% below median its 10-year median of 6.27. Over the past 10 years, this metric has ranged from a low of 2.25 to a high of 16.51. Based on the distribution chart, Kanamic Network Co ranks #243 out of 369 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Kanamic Network Co has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Kanamic Network Co's Graham Number compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Kanamic Network Co ranks #243 out of 369 companies for Graham Number. This places Kanamic Network Co in the lower half of its industry. The industry median Graham Number is 1.65. Historically, Kanamic Network Co's own Graham Number has ranged from 2.25 to 16.51 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 Healthcare Providers & Services company?
The median Graham Number among Healthcare Providers & Services companies is 1.65, based on 369 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 Kanamic Network Co and its competitors. For the Healthcare Providers & Services industry, the median Graham Number is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanamic Network Co's current Graham Number is €1.17, which is 81% below median its own 10-year median of 6.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanamic Network Co stock overvalued right now?
Kanamic Network Co (FRA:0WT) has a current Graham Number of €1.17. The stock's GF Value™ is €3.34, compared to a current price of €2.72 — trading 18.6% below its estimated fair value. The current Graham Number is €1.17, which is 81% below median its 10-year median of 6.27. Kanamic Network Co's overall GF Score™ is 93/100 with 3 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 Kanamic Network Co (FRA:0WT), the current Graham Number is €1.17 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 Kanamic Network Co (FRA:0WT) Overvalued in 2026?

Based on GuruFocus' analysis, Kanamic Network Co stock appears to be undervalued. The current stock price of €2.72 is trading 18.6% below its estimated GF Value™ of €3.34.

Key valuation signals for FRA:0WT:

  • Graham Number: €1.17 (81% below median its 10-year median of 6.27)
  • GF Value™: €3.34 vs. price of €2.72 (18.6% below fair value)
  • GF Score™: 93/100 with 3 warning signs

No single metric tells the full story. See the FRA:0WT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanamic Network Co Business Description

Other Exchanges 3939:Japan
Address 4-20-3 Ebisu, 31st floor, Ebisu Garden Place Tower, Shibuya-ku, Tokyo, JPN, 150-6031
Kanamic Network Co Ltd provides platforms and management systems for the health care industry. The firm develops software to support medical care and nursing care business management. It offers cloud services for construction of information sharing platform in the medical and nursing care field to local government staff, doctors, nurses, care managers; system integration and system solution business; Website production/management work; and planning, production, and sale of Web content and video, and various sales promotion tools. In addition, it offers management and system consulting services, and education and training services; and engages in planning and holding lectures, seminars, academic conferences.
93GF Score

Get the complete analysis for FRA:0WT

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

€2.72
Price
€3.34
GF Value