ICOSF (Intercos SpA) Graham Number: $7.11 (As of Dec. 2025) — 199% Above Median


ICOSF Intercos SpA ICOSF
81 GF Score
Price $14.44
GF Value $18.77
! 1 Warning Sign
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What is Intercos SpA Graham Number?

Intercos SpA ICOSF 81 Graham Number is $7.11 as of Dec. 2025, which is 199% above its 10-year median of 2.38. GuruFocus rates ICOSF with a GF Score™ of 81/100 and a GF Value™ of $18.77. The stock has 1 warning sign investors should review. Among 1,380 Consumer Packaged Goods companies, Intercos SpA ranks worse than 80.14% 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 (2026-07-06), the stock price of Intercos SpA is $14.44. Intercos SpA's graham number for the quarter that ended in Dec. 2025 was $7.11. Therefore, Intercos SpA's Price to Graham Number ratio for today is 2.03.

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

ICOSF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.82   Med: 2.38   Max: 3.29
Current: 2.13

During the past 8 years, the highest Price to Graham Number ratio of Intercos SpA was 3.29. The lowest was 1.82. And the median was 2.38.

ICOSF's Price-to-Graham-Number is ranked worse than
80.14% of 1380 companies
in the Consumer Packaged Goods industry
Industry Median: 1.1 vs ICOSF: 2.13

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


Intercos SpA  (OTCPK:ICOSF) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=14.44/7.11
=2.03

* 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.


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.


Intercos SpA Graham Number Related Terms


Intercos SpA Graham Number Historical Data

* Premium members only.

The historical data trend for Intercos SpA'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.

Intercos SpA Graham Number Chart

Intercos SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial 4.82 5.65 6.49 6.15 7.13

Intercos SpA Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Dec22 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 0.00 3.58 6.18 6.32 7.11

ICOSF vs PG, CL, KVUE: Graham Number Comparison

For the Household & Personal Products subindustry, Intercos SpA'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.


Intercos SpA Price-to-Graham-Number vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Intercos SpA's Price-to-Graham-Number distribution charts can be found below:

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


ICOSF
81GF Score
Intercos SpA ICOSF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Intercos SpA Graham Number Calculation

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

Intercos SpA'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*3.44*0.656)
=7.13

Intercos SpA'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*3.44*0.654)
=7.11

* 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 $7.11 mean?
Intercos SpA (ICOSF) has a Graham Number of $7.11 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Intercos SpA and its competitors. This is 199% above median its historical median of 2.38. Over the past decade, Intercos SpA's Graham Number has ranged from 1.82 to 3.29. According to the industry distribution chart, Intercos SpA ranks #1106 out of 1380 companies in the Consumer Packaged Goods industry, placing it in the top 80.1%.
Is Intercos SpA's Graham Number too high?
Intercos SpA's current Graham Number of $7.11 is 199% above median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 3.29. The Consumer Packaged Goods industry median Graham Number is 1.10. Intercos SpA's value of $7.11 is 546.4% above this industry median. Based on the distribution chart, Intercos SpA ranks #1106 out of 1380 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Intercos SpA has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Intercos SpA's Graham Number compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Intercos SpA ranks #1106 out of 1380 companies for Graham Number. This places Intercos SpA in the lower half of its industry. The industry median Graham Number is 1.10. Intercos SpA's value of $7.11 is 546.4% above this benchmark. Historically, Intercos SpA's own Graham Number has ranged from 1.82 to 3.29 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 1.10, Intercos SpA 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 Consumer Packaged Goods company?
The median Graham Number among Consumer Packaged Goods companies is 1.10, based on 1,380 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. Intercos SpA's current Graham Number of $7.11 is 546.4% 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 Intercos SpA and its competitors. For the Consumer Packaged Goods industry, the median Graham Number is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intercos SpA's current Graham Number is $7.11, which is 199% above median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intercos SpA stock overvalued right now?
Intercos SpA (ICOSF) has a current Graham Number of $7.11. The stock's GF Value™ is $18.77, compared to a current price of $14.44 — trading 23.1% below its estimated fair value. The current Graham Number is $7.11, which is 199% above median its 10-year median of 2.38 and 546.4% above the Consumer Packaged Goods industry median of 1.10. Intercos SpA's overall GF Score™ is 81/100 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 Intercos SpA (ICOSF), the current Graham Number is $7.11 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 Intercos SpA (ICOSF) Overvalued in 2026?

Based on GuruFocus' analysis, Intercos SpA stock appears to be undervalued. The current stock price of $14.44 is trading 23.1% below its estimated GF Value™ of $18.77.

Key valuation signals for ICOSF:

  • Graham Number: $7.11 (199% above median its 10-year median of 2.38)
  • GF Value™: $18.77 vs. price of $14.44 (23.1% below fair value)
  • GF Score™: 81/100 with 1 warning sign
  • Industry Position: 546.4% above the Consumer Packaged Goods median (#1106 of 1380)

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


Intercos SpA Business Description

Other Exchanges ICOS:Italy0AAR:UK
Address Via Marconi 84, Agrate Brianza, ITA, 20864
Intercos SpA is engaged in the manufacturing of cosmetics. Its offerings include color cosmetics, pencils, nail polish, skincare, and personal care products. The turnover is divided across the following product families: make up products, hair and body care products, skincare products.
81GF Score

Get the complete analysis for ICOSF

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

$14.44
Price
$18.77
GF Value