Freee KKFREKF -5.23%64 Graham Number is $2.19 as of Dec. 2025, which is 79% below its 10-year median of 10.32. GuruFocus rates FREKF with a GF Score™ of 64/100 and a GF Value™ of $31.14 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,465 Software companies, Freee KK ranks worse than 56.11% 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 (2026-07-02), the stock price of Freee KK is $11.23. Freee KK's graham number for the quarter that ended in Dec. 2025 was $2.19. Therefore, Freee KK's Price to Graham Number ratio for today is 1.81.
The historical rank and industry rank for Freee KK's Graham Number or its related term are showing as below:
FREKF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.95 Med: 10.32 Max: 10.35
Current: 1.95
During the past 7 years, the highest Price to Graham Number ratio of Freee KK was 10.35. The lowest was 1.95. And the median was 10.32.
FREKF's Price-to-Graham-Number is ranked worse than 56.11% of 1465
companies
in the Software industry
Industry Median: 1.79
vs FREKF: 1.95
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Freee KK (OTCPK:FREKF) 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.
Freee KK's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
11.23
/
6.21
=
1.81
* 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.
Freee KK Graham Number Related Terms
Freee KK Graham Number Historical Data
* Premium members only.
The historical data trend for Freee KK'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.
FREKF vs UBER, SHOP, CRM: Graham Number Comparison
For the Software - Application subindustry, Freee KK'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.
Freee KK Price-to-Graham-Number vs Software Industry
For the Software industry and Technology sector, Freee KK's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Freee KK'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.
Freee KK (FREKF) has a Graham Number of $2.19 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Freee KK and its competitors. This is 79% below median its historical median of 10.32. Over the past decade, Freee KK's Graham Number has ranged from 1.95 to 10.35. According to the industry distribution chart, Freee KK ranks #822 out of 1465 companies in the Software industry, placing it in the top 56.1%.
Is Freee KK's Graham Number too high?
Freee KK's current Graham Number of $2.19 is 79% below median its 10-year median of 10.32. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 10.35. The Software industry median Graham Number is 1.79. Freee KK's value of $2.19 is 22.3% above this industry median. Based on the distribution chart, Freee KK ranks #822 out of 1465 companies in the Software industry, which is below the industry midpoint. Overall, Freee KK has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Freee KK's Graham Number compare to UBER and SHOP?
According to the Software industry distribution chart, Freee KK ranks #822 out of 1465 companies for Graham Number. This places Freee KK in the lower half of its industry. The industry median Graham Number is 1.79. Freee KK's value of $2.19 is 22.3% above this benchmark. Historically, Freee KK's own Graham Number has ranged from 1.95 to 10.35 over the past decade. While the company's 10-year median is 10.32 vs. the industry median of 1.79, Freee KK 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 a Software company?
The median Graham Number among Software companies is 1.79, based on 1,465 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. Freee KK's current Graham Number of $2.19 is 22.3% 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 Freee KK and its competitors. For the Software industry, the median Graham Number is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freee KK's current Graham Number is $2.19, which is 79% below median its own 10-year median of 10.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freee KK stock overvalued right now?
Based on GuruFocus' analysis, Freee KK (FREKF) is currently considered Possible Value Trap. The stock's GF Value™ is $31.14, compared to a current price of $11.23 — trading 63.9% below its estimated fair value. The current Graham Number is $2.19, which is 79% below median its 10-year median of 10.32 and 22.3% above the Software industry median of 1.79. Freee KK's overall GF Score™ is 64/100 with 4 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 Freee KK (FREKF), the current Graham Number is $2.19 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 Freee KK (FREKF) Overvalued in 2026?
Based on GuruFocus' analysis, Freee KK stock appears to be undervalued.
The current stock price of $11.23 is trading 63.9% below its estimated GF Value™ of $31.14.
GuruFocus considers Freee KK to be Possible Value Trap.
Key valuation signals for FREKF:
Graham Number: $2.19 (79% below median its 10-year median of 10.32)
GF Value™: $31.14 vs. price of $11.23 (63.9% below fair value)
Industry Position: 22.3% above the Software median (#822 of 1465)
No single metric tells the full story. See the FREKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Freee KK is a developer of cloud-based software. Its software products include Cloud Accounting software, Cloud HR Labor software, Cloud ERP for Midsize companies, among others.
64GF Score
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