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DISO Verwaltungs AGHAM:MT3 44 Graham Number is €0.49 as of Dec. 2024, which is 100% below its 10-year median of 1.85. GuruFocus rates HAM:MT3 with a GF Score™ of 44/100. The stock has 1 warning sign investors should review. Among 1,625 Hardware companies, DISO Verwaltungs AG ranks worse than 53.78% 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 (2026-08-12), the stock price of DISO Verwaltungs AG is €1.03. DISO Verwaltungs AG's graham number for the quarter that ended in Dec. 2024 was €0.49. Therefore, DISO Verwaltungs AG's Price to Graham Number ratio for today is 2.12.
The historical rank and industry rank for DISO Verwaltungs AG's Graham Number or its related term are showing as below:
HAM:MT3'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.85 Med: 1.85 Max: 2.11
Current: 2.1
During the past 13 years, the highest Price to Graham Number ratio of DISO Verwaltungs AG was 2.11. The lowest was 1.85. And the median was 1.85.
HAM:MT3's Price-to-Graham-Number is ranked worse than 53.78% of 1625
companies
in the Hardware industry
Industry Median: 1.92
vs HAM:MT3: 2.10
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
DISO Verwaltungs AG (HAM:MT3) 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.
DISO Verwaltungs AG's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2024 )
=
1.03
/
0.49
=
2.12
* 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.
DISO Verwaltungs AG Graham Number Related Terms
DISO Verwaltungs AG Graham Number Historical Data
* Premium members only.
The historical data trend for DISO Verwaltungs AG'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.
HAM:MT3 vs DELL, ANET, SNDK: Graham Number Comparison
For the Computer Hardware subindustry, DISO Verwaltungs AG'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.
DISO Verwaltungs AG Price-to-Graham-Number vs Hardware Industry
For the Hardware industry and Technology sector, DISO Verwaltungs AG's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where DISO Verwaltungs AG'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.
DISO Verwaltungs AG (HAM:MT3) has a Graham Number of €0.49 as of Dec. 2024. The Graham Number values a company based on its per-share earnings and book value. View historical data on DISO Verwaltungs AG and its competitors. This is 74% below median its historical median of 1.85. Over the past decade, DISO Verwaltungs AG's Graham Number has ranged from 1.85 to 2.11. According to the industry distribution chart, DISO Verwaltungs AG ranks #874 out of 1625 companies in the Hardware industry, placing it in the top 53.8%.
Is DISO Verwaltungs AG's Graham Number too high?
DISO Verwaltungs AG's current Graham Number of €0.49 is 74% below median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 2.11. Based on the distribution chart, DISO Verwaltungs AG ranks #874 out of 1625 companies in the Hardware industry, which is below the industry midpoint. Overall, DISO Verwaltungs AG has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does DISO Verwaltungs AG's Graham Number compare to DELL and ANET?
According to the Hardware industry distribution chart, DISO Verwaltungs AG ranks #874 out of 1625 companies for Graham Number. This places DISO Verwaltungs AG in the lower half of its industry. The industry median Graham Number is 1.92. Historically, DISO Verwaltungs AG's own Graham Number has ranged from 1.85 to 2.11 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 Hardware company?
The median Graham Number among Hardware companies is 1.92, based on 1,625 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 DISO Verwaltungs AG and its competitors. For the Hardware industry, the median Graham Number is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DISO Verwaltungs AG's current Graham Number is €0.49, which is 74% below median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DISO Verwaltungs AG stock overvalued right now?
DISO Verwaltungs AG (HAM:MT3) has a current Graham Number of €0.49. The current Graham Number is €0.49, which is 74% below median its 10-year median of 1.85. DISO Verwaltungs AG's overall GF Score™ is 44/100 with 1 warning sign 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 DISO Verwaltungs AG (HAM:MT3), the current Graham Number is €0.49 as of Dec. 2024. 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.
DISO Verwaltungs AG provides, markets, sells, and supports Matica brand secure credential solutions. It provides ID card and high-security identification solutions through the brand name EDIsecure and IDExpert. It also provides systems for desktop laser engraving, e-passport printing, and high-volume financial card central issuance.
44GF Score
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