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SurgepaysFRA:9B90 +2.31%31 Graham Number is €N/A as of Jun. 2026. GuruFocus rates FRA:9B90 with a GF Score™ of 31/100 and a GF Value™ of €1.00 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 192 Telecommunication Services companies, Surgepays ranks worse than 520832.81% 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 (2026-08-24), the stock price of Surgepays is €0.133. Surgepays's graham number for the quarter that ended in Jun. 2026 was €N/A. Therefore, Surgepays's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for Surgepays's Graham Number or its related term are showing as below:
During the past 13 years, the highest Price to Graham Number ratio of Surgepays was 2.81. The lowest was 0.47. And the median was 1.23.
FRA:9B90's Price-to-Graham-Number is not ranked *
in the Telecommunication Services industry.
Industry Median: 1.585 * 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.
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.
Surgepays's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
0.133
/
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.
Surgepays Graham Number Related Terms
Surgepays Graham Number Historical Data
* Premium members only.
The historical data trend for Surgepays'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.
FRA:9B90 vs IQST, HMMR, KTEL: Graham Number Comparison
For the Telecom Services subindustry, Surgepays'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.
Surgepays Price-to-Graham-Number vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Surgepays's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Surgepays'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.
Surgepays (FRA:9B90) has a Graham Number of €N/A as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Surgepays and its competitors. Over the past decade, Surgepays' Graham Number has ranged from 0.47 to 2.81. According to the industry distribution chart, Surgepays ranks #999999 out of 192 companies in the Telecommunication Services industry.
Is Surgepays' Graham Number too high?
Surgepays' current Graham Number is €N/A. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 2.81. Based on the distribution chart, Surgepays ranks #999999 out of 192 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Surgepays has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Surgepays' Graham Number compare to IQST and HMMR?
According to the Telecommunication Services industry distribution chart, Surgepays ranks #999999 out of 192 companies for Graham Number. This places Surgepays in the lower half of its industry. The industry median Graham Number is 1.59. Historically, Surgepays' own Graham Number has ranged from 0.47 to 2.81 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 Telecommunication Services company?
The median Graham Number among Telecommunication Services companies is 1.59, based on 192 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 Surgepays and its competitors. For the Telecommunication Services industry, the median Graham Number is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surgepays'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 Surgepays stock overvalued right now?
Based on GuruFocus' analysis, Surgepays (FRA:9B90) is currently considered Possible Value Trap. The stock's GF Value™ is €1.00, compared to a current price of €0.13 — trading 86.7% below its estimated fair value. The current Graham Number is €N/A. Surgepays' overall GF Score™ is 31/100 with 8 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 Surgepays (FRA:9B90), the current Graham Number is €N/A as of Jun. 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 Surgepays (FRA:9B90) Overvalued in 2026?
Based on GuruFocus' analysis, Surgepays stock appears to be undervalued.
The current stock price of €0.13 is trading 86.7% below its estimated GF Value™ of €1.00.
GuruFocus considers Surgepays to be Possible Value Trap.
Key valuation signals for FRA:9B90:
Graham Number: €N/A
GF Value™: €1.00 vs. price of €0.13 (86.7% below fair value)
No single metric tells the full story. See the FRA:9B90 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Surgepays Inc is a wireless and point of sale technology company focused on serving underserved and value-conscious consumers through a combination of retail distribution and digital acquisition channels. It provides mobile connectivity, financial technology services, and transaction processing solutions through an integrated platform that combines wireless services with point of sale software and retail distribution. It enables in-store and online activation of wireless services, prepaid top-ups, and financial transactions, allowing consumers to access essential services in both local and digital environments. Its segments are wireless services or MVNO Telecommunications, platform services or MVNE Enablement Platform (HERO), and wholesale enablement or Comprehensive Platform Services.
31GF Score
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