CAN2 Termik AS (IST:CANTE) Graham Number: ₺N/A (As of Jun. 2026)

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IST:CANTE CAN2 Termik AS IST:CANTE
77 GF Score
Price ₺1.21
GF Value ₺1.07
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is CAN2 Termik AS Graham Number?

CAN2 Termik AS IST:CANTE -1.63% 77 Graham Number is ₺N/A as of Jun. 2026. GuruFocus rates IST:CANTE with a GF Score™ of 77/100 and a GF Value™ of ₺1.07 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 272 Utilities - Independent Power Producers companies, CAN2 Termik AS ranks worse than 367646.69% 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 (2026-08-26), the stock price of CAN2 Termik AS is ₺1.21. CAN2 Termik AS's graham number for the quarter that ended in Jun. 2026 was ₺N/A. Therefore, CAN2 Termik AS's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for CAN2 Termik AS's Graham Number or its related term are showing as below:

During the past 9 years, the highest Price to Graham Number ratio of CAN2 Termik AS was 3.45. The lowest was 0.54. And the median was 1.39.

IST:CANTE's Price-to-Graham-Number is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 1.12
* 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.


CAN2 Termik AS  (IST:CANTE) 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.

CAN2 Termik AS's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=1.21/N/A
=N/A

* 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.


CAN2 Termik AS Graham Number Related Terms


CAN2 Termik AS Graham Number Historical Data

* Premium members only.

The historical data trend for CAN2 Termik AS'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.

CAN2 Termik AS Graham Number Chart

CAN2 Termik AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only 0.00 5.85 2.72 0.00 0.00

CAN2 Termik AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00

IST:CANTE vs CEG, VST, NRG: Graham Number Comparison

For the Utilities - Independent Power Producers subindustry, CAN2 Termik AS'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.


CAN2 Termik AS Price-to-Graham-Number vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CAN2 Termik AS's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where CAN2 Termik AS's Price-to-Graham-Number falls into.


IST:CANTE
77GF Score
CAN2 Termik AS IST:CANTE
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CAN2 Termik AS Graham Number Calculation

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

CAN2 Termik AS'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*3.257*-0.203)
=N/A

CAN2 Termik AS's Graham Number for the quarter that ended in Jun. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*3.081*-0.225)
=N/A

* 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 ₺N/A mean?
CAN2 Termik AS (IST:CANTE) has a Graham Number of ₺N/A as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on CAN2 Termik AS and its competitors. According to the industry distribution chart, CAN2 Termik AS ranks #999999 out of 272 companies in the Utilities - Independent Power Producers industry.
Is CAN2 Termik AS's Graham Number too high?
CAN2 Termik AS's current Graham Number is ₺N/A. Based on the distribution chart, CAN2 Termik AS ranks #999999 out of 272 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, CAN2 Termik AS has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CAN2 Termik AS's Graham Number compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, CAN2 Termik AS ranks #999999 out of 272 companies for Graham Number. This places CAN2 Termik AS in the lower half of its industry. The industry median Graham Number is 1.12. 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 an Utilities - Independent Power Producers company?
The median Graham Number among Utilities - Independent Power Producers companies is 1.12, based on 272 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 CAN2 Termik AS and its competitors. For the Utilities - Independent Power Producers industry, the median Graham Number is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAN2 Termik AS's current Graham Number is ₺N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAN2 Termik AS stock overvalued right now?
Based on GuruFocus' analysis, CAN2 Termik AS (IST:CANTE) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺1.07, compared to a current price of ₺1.21 — trading 13.1% above its estimated fair value. The current Graham Number is ₺N/A. CAN2 Termik AS's overall GF Score™ is 77/100 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 CAN2 Termik AS (IST:CANTE), the current Graham Number is ₺N/A as of Jun. 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 CAN2 Termik AS (IST:CANTE) Overvalued in 2026?

Based on GuruFocus' analysis, CAN2 Termik AS stock appears to be overvalued. The current stock price of ₺1.21 is trading 13.1% above its estimated GF Value™ of ₺1.07. GuruFocus considers CAN2 Termik AS to be Modestly Overvalued.

Key valuation signals for IST:CANTE:

  • Graham Number: ₺N/A
  • GF Value™: ₺1.07 vs. price of ₺1.21 (13.1% above fair value)
  • GF Score™: 77/100 with 4 warning signs

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


CAN2 Termik AS Business Description

Address Barbaros Mahallesi, Karanfil Sokak, Varyap Meridian Sitesi No:l lD, Villa 4 Bati Atajehir, Istanbul, TUR
CAN2 Termik AS is a company operating in the fields of electrical energy generation, procurement and mining. The Company is engaged in the establishment, commissioning, and leasing of domestic coal-based electrical energy production facilities, production of electrical energy, and the sale of the generated electrical energy and/or capacity to customers.
77GF Score

Get the complete analysis for IST:CANTE

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

₺1.21
Price
₺1.07
GF Value