FRLSY (Fourlis Holdings) Graham Number: $29.41 (As of Dec. 2025) — 2414% Above Median


What is Fourlis Holdings Graham Number?

Fourlis Holdings FRLSY 76 Graham Number is $29.41 as of Dec. 2025, which is 2414% above its 10-year median of 1.17. GuruFocus rates FRLSY with a GF Score™ of 76/100. The stock has 9 warning signs investors should review. Among 754 Retail - Cyclical companies, Fourlis Holdings ranks better than 78.78% 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 (2026-07-12), the stock price of Fourlis Holdings is $0.00. Fourlis Holdings's graham number for the quarter that ended in Dec. 2025 was $29.41. Therefore, Fourlis Holdings's Price to Graham Number ratio for today is 0.00.

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

During the past 13 years, the highest Price to Graham Number ratio of Fourlis Holdings was 4.35. The lowest was 0.61. And the median was 1.17.

FRLSY's Price-to-Graham-Number is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.2
* 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.


Fourlis Holdings  (OTCPK:FRLSY) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=0.00/29.41
=0.00

* 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.


Fourlis Holdings Graham Number Related Terms


Fourlis Holdings Graham Number Historical Data

* Premium members only.

The historical data trend for Fourlis Holdings'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.

Fourlis Holdings Graham Number Chart

Fourlis Holdings 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 17.79 22.42 4.07 13.21 29.36

Fourlis Holdings 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 0.00 0.00 10.41 14.39 29.41

FRLSY vs CASY, WSM, DKS: Graham Number Comparison

For the Specialty Retail subindustry, Fourlis Holdings'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.


Fourlis Holdings Price-to-Graham-Number vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fourlis Holdings's Price-to-Graham-Number distribution charts can be found below:

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



Fourlis Holdings Graham Number Calculation

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

Fourlis Holdings'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*18.165*2.109)
=29.36

Fourlis Holdings'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*18.165*2.116)
=29.41

* 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 $29.41 mean?
Fourlis Holdings (FRLSY) has a Graham Number of $29.41 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Fourlis Holdings and its competitors. This is 2414% above median its historical median of 1.17. Over the past decade, Fourlis Holdings' Graham Number has ranged from 0.61 to 4.35. According to the industry distribution chart, Fourlis Holdings ranks #160 out of 754 companies in the Retail - Cyclical industry, placing it in the top 21.2%.
Is Fourlis Holdings' Graham Number too high?
Fourlis Holdings' current Graham Number of $29.41 is 2414% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 4.35. The Retail - Cyclical industry median Graham Number is 1.20. Fourlis Holdings' value of $29.41 is 2350.8% above this industry median. Based on the distribution chart, Fourlis Holdings ranks #160 out of 754 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Fourlis Holdings has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Fourlis Holdings' Graham Number compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Fourlis Holdings ranks #160 out of 754 companies for Graham Number. This places Fourlis Holdings in the top 21% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.20. Fourlis Holdings' value of $29.41 is 2350.8% above this benchmark. Historically, Fourlis Holdings' own Graham Number has ranged from 0.61 to 4.35 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.20, Fourlis Holdings 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 Retail - Cyclical company?
The median Graham Number among Retail - Cyclical companies is 1.20, based on 754 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. Fourlis Holdings's current Graham Number of $29.41 is 2350.8% 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 Fourlis Holdings and its competitors. For the Retail - Cyclical industry, the median Graham Number is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fourlis Holdings's current Graham Number is $29.41, which is 2414% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fourlis Holdings stock overvalued right now?
Fourlis Holdings (FRLSY) has a current Graham Number of $29.41. The current Graham Number is $29.41, which is 2414% above median its 10-year median of 1.17 and 2350.8% above the Retail - Cyclical industry median of 1.20. Fourlis Holdings' overall GF Score™ is 76/100 with 9 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 Fourlis Holdings (FRLSY), the current Graham Number is $29.41 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.

Fourlis Holdings Business Description

Address 25 Ermou Street, PO-14564, Kifissia, Athens, GRC, 14564
Fourlis Holdings SA operates in the retail sale of household equipment and furniture (IKEA stores) and in the retail sale of sport items (INTERSPORT & FOOT LOCKER stores). Its brands include IKEA, INTERSPORT, Foot Locker, and Holland & Barrett. The Group is active in the following two operating segments: Retail Trading of Home Furniture and Household Goods (IKEA stores) and Retail Trading of Sporting Goods (INTERSPORT and FOOT LOCKER stores).