Solomon Systech (International) (FRA:RZF) Graham Number: €0.03 (As of Dec. 2025) — 96% Below Median

Author: Vera Yuan Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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:RZF Solomon Systech (International) Ltd FRA:RZF
46 GF Score
Price €0.02
GF Value €0.01
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Solomon Systech (International) Graham Number?

Solomon Systech (International) FRA:RZF 46 Graham Number is €0.03 as of Dec. 2025, which is 100% below its 10-year median of 0.83. GuruFocus rates FRA:RZF with a GF Score™ of 46/100 and a GF Value™ of €0.01 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 680 Semiconductors companies, Solomon Systech (International) ranks better than 93.24% 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 (2026-08-23), the stock price of Solomon Systech (International) is €0.016. Solomon Systech (International)'s graham number for the quarter that ended in Dec. 2025 was €0.03. Therefore, Solomon Systech (International)'s Price to Graham Number ratio for today is 0.48.

The historical rank and industry rank for Solomon Systech (International)'s Graham Number or its related term are showing as below:

FRA:RZF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.43   Med: 0.83   Max: 1.12
Current: 0.53

During the past 13 years, the highest Price to Graham Number ratio of Solomon Systech (International) was 1.12. The lowest was 0.43. And the median was 0.83.

FRA:RZF's Price-to-Graham-Number is ranked better than
93.24% of 680 companies
in the Semiconductors industry
Industry Median: 2.52 vs FRA:RZF: 0.53

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


Solomon Systech (International)  (FRA:RZF) 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.

Solomon Systech (International)'s Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=0.016/0.03
=0.48

* 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.


Solomon Systech (International) Graham Number Related Terms


Solomon Systech (International) Graham Number Historical Data

* Premium members only.

The historical data trend for Solomon Systech (International)'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.

Solomon Systech (International) Graham Number Chart

Solomon Systech (International) 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 0.08 0.10 0.09 0.07 0.05

Solomon Systech (International) Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.09 0.08 0.07 0.05 0.03

FRA:RZF vs NVDA, AVGO, MU: Graham Number Comparison

For the Semiconductors subindustry, Solomon Systech (International)'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.


Solomon Systech (International) Price-to-Graham-Number vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solomon Systech (International)'s Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Solomon Systech (International)'s Price-to-Graham-Number falls into.


FRA:RZF
46GF Score
Solomon Systech (International) Ltd FRA:RZF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solomon Systech (International) Graham Number Calculation

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

Solomon Systech (International)'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*0.049*0.002)
=0.05

Solomon Systech (International)'s Graham Number for the quarter that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.049*0.001)
=0.03

* 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 €0.03 mean?
Solomon Systech (International) (FRA:RZF) has a Graham Number of €0.03 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Solomon Systech (International) and its competitors. This is 96% below median its historical median of 0.83. Over the past decade, Solomon Systech (International)'s Graham Number has ranged from 0.43 to 1.12. According to the industry distribution chart, Solomon Systech (International) ranks #46 out of 680 companies in the Semiconductors industry, placing it in the top 6.8%.
Is Solomon Systech (International)'s Graham Number too high?
Solomon Systech (International)'s current Graham Number of €0.03 is 96% below median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.12. Based on the distribution chart, Solomon Systech (International) ranks #46 out of 680 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Solomon Systech (International) has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solomon Systech (International)'s Graham Number compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Solomon Systech (International) ranks #46 out of 680 companies for Graham Number. This places Solomon Systech (International) in the top 7% of its industry — outperforming the majority of peers. The industry median Graham Number is 2.52. Historically, Solomon Systech (International)'s own Graham Number has ranged from 0.43 to 1.12 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 Semiconductors company?
The median Graham Number among Semiconductors companies is 2.52, based on 680 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 Solomon Systech (International) and its competitors. For the Semiconductors industry, the median Graham Number is 2.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solomon Systech (International)'s current Graham Number is €0.03, which is 96% below median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solomon Systech (International) stock overvalued right now?
Based on GuruFocus' analysis, Solomon Systech (International) (FRA:RZF) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.01, compared to a current price of €0.02 — trading 60% above its estimated fair value. The current Graham Number is €0.03, which is 96% below median its 10-year median of 0.83. Solomon Systech (International)'s overall GF Score™ is 46/100 with 2 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 Solomon Systech (International) (FRA:RZF), the current Graham Number is €0.03 as of Dec. 2025. 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 Solomon Systech (International) (FRA:RZF) Overvalued in 2026?

Based on GuruFocus' analysis, Solomon Systech (International) stock appears to be overvalued. The current stock price of €0.02 is trading 60% above its estimated GF Value™ of €0.01. GuruFocus considers Solomon Systech (International) to be Modestly Undervalued.

Key valuation signals for FRA:RZF:

  • Graham Number: €0.03 (96% below median its 10-year median of 0.83)
  • GF Value™: €0.01 vs. price of €0.02 (60% above fair value)
  • GF Score™: 46/100 with 2 warning signs

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


Solomon Systech (International) Business Description

Other Exchanges 02878:Hong Kong
Address No. 3 Science Park East Avenue, 6th Floor, Unit 607-613, Wireless Centre, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
Solomon Systech (International) Ltd, along with its subsidiaries, is a semiconductor company specializing in the design, development, and sales of integrated circuit products and system solutions for various applications like smartphones, smart televisions, and other smart devices, including consumer electronics products, wearables, portable devices, and industrial appliances. Geographically, the company's business is spread across Taiwan, China, Europe, Japan, Korea, Southeast Asia, the United States of America, and other regions. Hong Kong generates maximum revenue for the company. Product-wise, the company generates key revenue from New Display ICs.
46GF Score

Get the complete analysis for FRA:RZF

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

€0.02
Price
€0.01
GF Value