Hurco (FRA:HC2) Graham Number: €N/A (As of Apr. 2026)

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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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:HC2 Hurco Companies Inc FRA:HC2
68 GF Score
Price €19.90
GF Value €15.29
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Hurco Graham Number?

Hurco FRA:HC2 +0.51% 68 Graham Number is €N/A as of Apr. 2026. GuruFocus rates FRA:HC2 with a GF Score™ of 68/100 and a GF Value™ of €15.29 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,198 Industrial Products companies, Hurco ranks worse than 45495.86% 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 (2026-07-18), the stock price of Hurco is €19.90. Hurco's graham number for the quarter that ended in Apr. 2026 was €N/A. Therefore, Hurco's Price to Graham Number ratio for today is N/A.

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

During the past 13 years, the highest Price to Graham Number ratio of Hurco was 3.70. The lowest was 0.68. And the median was 0.98.

FRA:HC2's Price-to-Graham-Number is not ranked *
in the Industrial Products industry.
Industry Median: 1.72
* 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.


Hurco  (FRA:HC2) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Apr. 2026 )
=19.90/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.


Hurco Graham Number Related Terms


Hurco Graham Number Historical Data

* Premium members only.

The historical data trend for Hurco'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.

Hurco Graham Number Chart

Hurco Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.97 30.26 20.91 0.00 0.00

Hurco Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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

FRA:HC2 vs NPWR, HDRN, ZJK: Graham Number Comparison

For the Specialty Industrial Machinery subindustry, Hurco'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.


Hurco Price-to-Graham-Number vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hurco's Price-to-Graham-Number distribution charts can be found below:

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


FRA:HC2
68GF Score
Hurco Companies Inc FRA:HC2
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hurco Graham Number Calculation

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

Hurco's Graham Number for the fiscal year that ended in Oct. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*25.502*-2.042)
=N/A

Hurco's Graham Number for the quarter that ended in Apr. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*24.159*-1.701)
=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?
Hurco (FRA:HC2) has a Graham Number of €N/A as of Apr. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Hurco and its competitors. Over the past decade, Hurco's Graham Number has ranged from 0.68 to 3.70. According to the industry distribution chart, Hurco ranks #999999 out of 2198 companies in the Industrial Products industry.
Is Hurco's Graham Number too high?
Hurco's current Graham Number is €N/A. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 3.70. Based on the distribution chart, Hurco ranks #999999 out of 2198 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hurco has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hurco's Graham Number compare to NPWR and HDRN?
According to the Industrial Products industry distribution chart, Hurco ranks #999999 out of 2198 companies for Graham Number. This places Hurco in the lower half of its industry. The industry median Graham Number is 1.72. Historically, Hurco's own Graham Number has ranged from 0.68 to 3.70 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 an Industrial Products company?
The median Graham Number among Industrial Products companies is 1.72, based on 2,198 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 Hurco and its competitors. For the Industrial Products industry, the median Graham Number is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hurco'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 Hurco stock overvalued right now?
Based on GuruFocus' analysis, Hurco (FRA:HC2) is currently considered Modestly Overvalued. The stock's GF Value™ is €15.29, compared to a current price of €19.90 — trading 30.2% above its estimated fair value. The current Graham Number is €N/A. Hurco's overall GF Score™ is 68/100 with 5 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 Hurco (FRA:HC2), the current Graham Number is €N/A as of Apr. 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 Hurco (FRA:HC2) Overvalued in 2026?

Based on GuruFocus' analysis, Hurco stock appears to be overvalued. The current stock price of €19.90 is trading 30.2% above its estimated GF Value™ of €15.29. GuruFocus considers Hurco to be Modestly Overvalued.

Key valuation signals for FRA:HC2:

  • Graham Number: €N/A
  • GF Value™: €15.29 vs. price of €19.90 (30.2% above fair value)
  • GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the FRA:HC2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hurco Business Description

Other Exchanges HURC:USA
Address One Technology Way, Indianapolis, IN, USA, 46268
Hurco Companies Inc is an international industrial technology company that designs, manufactures, and sells computerized (CNC) machine tools for the metal cutting industry through a international sales and distribution network. Its proprietary control systems and software are sold as integral components of its machine tools. The Company also provides machine tool components, automation solutions, software options, upgrades, accessories, replacement parts, and related support services. It operates in the Americas, Europe, and Asia Pacific, with the Americas contributing the majority of revenue. Its core products include vertical and horizontal machining centers (mills), turning centers (lathes), and toolroom machines.
68GF Score

Get the complete analysis for FRA:HC2

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

€19.90
Price
€15.29
GF Value