GFELF (Goodfellow) Graham Number: $14.45 (As of Feb. 2026) — 2910% Above Median


GFELF Goodfellow Inc GFELF
68 GF Score
Price $8.40
GF Value $8.63
Valuation Fairly Valued
! 4 Warning Signs
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What is Goodfellow Graham Number?

Goodfellow GFELF 68 Graham Number is $14.45 as of Feb. 2026, which is 2910% above its 10-year median of 0.48. GuruFocus rates GFELF with a GF Score™ of 68/100 and a GF Value™ of $8.63 (Fairly Valued). The stock has 4 warning signs investors should review. Among 172 Forest Products companies, Goodfellow ranks better than 73.84% 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 (2026-07-07), the stock price of Goodfellow is $8.40. Goodfellow's graham number for the quarter that ended in Feb. 2026 was $14.45. Therefore, Goodfellow's Price to Graham Number ratio for today is 0.58.

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

GFELF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.22   Med: 0.48   Max: 1.85
Current: 0.57

During the past 13 years, the highest Price to Graham Number ratio of Goodfellow was 1.85. The lowest was 0.22. And the median was 0.48.

GFELF's Price-to-Graham-Number is ranked better than
73.84% of 172 companies
in the Forest Products industry
Industry Median: 0.88 vs GFELF: 0.57

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


Goodfellow  (OTCPK:GFELF) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Feb. 2026 )
=8.40/14.45
=0.58

* 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.


Goodfellow Graham Number Related Terms


Goodfellow Graham Number Historical Data

* Premium members only.

The historical data trend for Goodfellow'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.

Goodfellow Graham Number Chart

Goodfellow Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.12 32.01 21.63 21.03 15.51

Goodfellow Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 19.08 16.88 14.84 15.56 14.45

GFELF vs SSD, UFPI, BCC: Graham Number Comparison

For the Lumber & Wood Production subindustry, Goodfellow'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.


Goodfellow Price-to-Graham-Number vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Goodfellow's Price-to-Graham-Number distribution charts can be found below:

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


GFELF
68GF Score
Goodfellow Inc GFELF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goodfellow Graham Number Calculation

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

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

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*17.671*0.605)
=15.51

Goodfellow's Graham Number for the quarter that ended in Feb. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*17.852*0.52)
=14.45

* 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 $14.45 mean?
Goodfellow (GFELF) has a Graham Number of $14.45 as of Feb. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Goodfellow and its competitors. This is 2910% above median its historical median of 0.48. Over the past decade, Goodfellow's Graham Number has ranged from 0.22 to 1.85. According to the industry distribution chart, Goodfellow ranks #45 out of 172 companies in the Forest Products industry, placing it in the top 26.2%.
Is Goodfellow's Graham Number too high?
Goodfellow's current Graham Number of $14.45 is 2910% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.85. The Forest Products industry median Graham Number is 0.88. Goodfellow's value of $14.45 is 1542% above this industry median. Based on the distribution chart, Goodfellow ranks #45 out of 172 companies in the Forest Products industry, which is above the industry midpoint. Overall, Goodfellow has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Goodfellow's Graham Number compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Goodfellow ranks #45 out of 172 companies for Graham Number. This puts Goodfellow in the upper half of its industry. The industry median Graham Number is 0.88. Goodfellow's value of $14.45 is 1542% above this benchmark. Historically, Goodfellow's own Graham Number has ranged from 0.22 to 1.85 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.88, Goodfellow 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 Forest Products company?
The median Graham Number among Forest Products companies is 0.88, based on 172 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. Goodfellow's current Graham Number of $14.45 is 1542% 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 Goodfellow and its competitors. For the Forest Products industry, the median Graham Number is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodfellow's current Graham Number is $14.45, which is 2910% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodfellow stock overvalued right now?
Based on GuruFocus' analysis, Goodfellow (GFELF) is currently considered Fairly Valued. The stock's GF Value™ is $8.63, compared to a current price of $8.40 — trading 2.7% below its estimated fair value. The current Graham Number is $14.45, which is 2910% above median its 10-year median of 0.48 and 1542% above the Forest Products industry median of 0.88. Goodfellow's overall GF Score™ is 68/100 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 Goodfellow (GFELF), the current Graham Number is $14.45 as of Feb. 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 Goodfellow (GFELF) Overvalued in 2026?

Based on GuruFocus' analysis, Goodfellow stock appears to be undervalued. The current stock price of $8.40 is trading 2.7% below its estimated GF Value™ of $8.63. GuruFocus considers Goodfellow to be Fairly Valued.

Key valuation signals for GFELF:

  • Graham Number: $14.45 (2910% above median its 10-year median of 0.48)
  • GF Value™: $8.63 vs. price of $8.40 (2.7% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 1542% above the Forest Products median (#45 of 172)

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


Goodfellow Business Description

Other Exchanges GDL:Canada
Address 225 Goodfellow Street, Delson, QC, CAN, J5B 1V5
Goodfellow Inc is engaged in various business activities related to the remanufacturing and distribution of lumber and wood products. The company manages its operations under one operating segment i.e. sale of Lumber, Specialty and commodity panels, Flooring, and Building materials. The majority of the company's revenue is generated from the sale of Lumber. The company operates in Canada and the United States; the majority of its revenue is generated from Canada.
68GF Score

Get the complete analysis for GFELF

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

$8.40
Price
$8.63
GF Value