Manas Enerji Yonetiminayi ve Ticaret AS (IST:MANAS) Graham Number: ₺N/A (As of Sep. 2024)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:MANAS Manas Enerji Yonetimi Sanayi ve Ticaret AS IST:MANAS
5 GF Score
Price ₺34.24
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What is Manas Enerji Yonetiminayi ve Ticaret AS Graham Number?

Manas Enerji Yonetiminayi ve Ticaret AS IST:MANAS +5.55% 5 Graham Number is ₺N/A as of Sep. 2024. GuruFocus rates IST:MANAS with a GF Score™ of 5/100.

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 (2026-07-20), the stock price of Manas Enerji Yonetiminayi ve Ticaret AS is ₺34.24. Manas Enerji Yonetiminayi ve Ticaret AS's graham number for the quarter that ended in Sep. 2024 was ₺N/A. Therefore, Manas Enerji Yonetiminayi ve Ticaret AS's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Manas Enerji Yonetiminayi ve Ticaret AS's Graham Number or its related term are showing as below:

IST:MANAS's Price-to-Graham-Number is not ranked *
in the Industrial Products industry.
Industry Median: 1.675
* 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.


Manas Enerji Yonetiminayi ve Ticaret AS  (IST:MANAS) 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.

Manas Enerji Yonetiminayi ve Ticaret AS's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Sep. 2024 )
=34.24/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.


Manas Enerji Yonetiminayi ve Ticaret AS Graham Number Related Terms


Manas Enerji Yonetiminayi ve Ticaret AS Graham Number Historical Data

* Premium members only.

The historical data trend for Manas Enerji Yonetiminayi ve Ticaret 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.

Manas Enerji Yonetiminayi ve Ticaret AS Graham Number Chart

Manas Enerji Yonetiminayi ve Ticaret AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
Get a 7-Day Free Trial 0.03 0.10 0.41 0.00 2.15

Manas Enerji Yonetiminayi ve Ticaret AS Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.00 2.06 2.28 0.00 0.00

IST:MANAS vs VRT, HUBB, BE: Graham Number Comparison

For the Electrical Equipment & Parts subindustry, Manas Enerji Yonetiminayi ve Ticaret 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.


Manas Enerji Yonetiminayi ve Ticaret AS Price-to-Graham-Number vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Manas Enerji Yonetiminayi ve Ticaret AS's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Manas Enerji Yonetiminayi ve Ticaret AS's Price-to-Graham-Number falls into.


IST:MANAS
5GF Score
Manas Enerji Yonetimi Sanayi ve Ticaret AS IST:MANAS
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Manas Enerji Yonetiminayi ve Ticaret AS Graham Number Calculation

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

Manas Enerji Yonetiminayi ve Ticaret AS's Graham Number for the fiscal year that ended in Dec. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*1.413*0.145)
=2.15

Manas Enerji Yonetiminayi ve Ticaret AS's Graham Number for the quarter that ended in Sep. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*1.508*-0.043)
=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?
Manas Enerji Yonetiminayi ve Ticaret AS (IST:MANAS) has a Graham Number of ₺N/A as of Sep. 2024. The Graham Number values a company based on its per-share earnings and book value. View historical data on Manas Enerji Yonetiminayi ve Ticaret AS and its competitors.
Is Manas Enerji Yonetiminayi ve Ticaret AS's Graham Number too high?
Manas Enerji Yonetiminayi ve Ticaret AS's current Graham Number is ₺N/A. Overall, Manas Enerji Yonetiminayi ve Ticaret AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Manas Enerji Yonetiminayi ve Ticaret AS's Graham Number compare to VRT and HUBB?
Manas Enerji Yonetiminayi ve Ticaret AS's Graham Number of ₺N/A can be compared against companies in the Industrial Products industry. The industry median Graham Number is 1.68. 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 Industrial Products company?
The median Graham Number among Industrial Products companies is 1.68, based on 2,200 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 Manas Enerji Yonetiminayi ve Ticaret AS and its competitors. For the Industrial Products industry, the median Graham Number is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manas Enerji Yonetiminayi ve Ticaret 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 Manas Enerji Yonetiminayi ve Ticaret AS stock overvalued right now?
Manas Enerji Yonetiminayi ve Ticaret AS (IST:MANAS) has a current Graham Number of ₺N/A. The current Graham Number is ₺N/A. Manas Enerji Yonetiminayi ve Ticaret AS's overall GF Score™ is 5/100. 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 Manas Enerji Yonetiminayi ve Ticaret AS (IST:MANAS), the current Graham Number is ₺N/A as of Sep. 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.

Manas Enerji Yonetiminayi ve Ticaret AS Business Description

Address A.S.O. 1. Organize Sanayi Bolgesi, Anadolu Caddesi No: 25, Sincan, Ankara, TUR, 06935
Manas Enerji Yonetimi Sanayi ve Ticaret AS is engaged in the business of smart metering systems and solutions. Its products are into electro-controlled gas, water, heat and electricity meters also AMR, M2M, AMI AND, meter remote control system solutions.
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₺34.24
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