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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.
The historical rank and industry rank for PT Elang Mahkota Teknologi Tbk's Graham Number or its related term are showing as below:
ISX:EMTK'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.93 Med: 2.57 Max: 32.54
Current: 0.99
During the past 13 years, the highest Price to Graham Number ratio of PT Elang Mahkota Teknologi Tbk was 32.54. The lowest was 0.93. And the median was 2.57.
ISX:EMTK's Price-to-Graham-Number is ranked better than 56.97% of 488
companies
in the Media - Diversified industry
Industry Median: 1.15
vs ISX:EMTK: 0.99
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
PT Elang Mahkota Teknologi Tbk (ISX:EMTK) 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.
PT Elang Mahkota Teknologi Tbk's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
520.00
/
523.62
=
0.99
* 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.
PT Elang Mahkota Teknologi Tbk Graham Number Related Terms
PT Elang Mahkota Teknologi Tbk Graham Number Historical Data
* 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.
PT Elang Mahkota Teknologi Tbk Graham Number Chart
For the Broadcasting subindustry, PT Elang Mahkota Teknologi Tbk'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.
PT Elang Mahkota Teknologi Tbk Price-to-Graham-Number vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, PT Elang Mahkota Teknologi Tbk's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where PT Elang Mahkota Teknologi Tbk'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.
PT Elang Mahkota Teknologi Tbk (ISX:EMTK) has a Graham Number of Rp523.62 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on PT Elang Mahkota Teknologi Tbk and its competitors. According to the industry distribution chart, PT Elang Mahkota Teknologi Tbk ranks #210 out of 488 companies in the Media - Diversified industry, placing it in the top 43%.
Is PT Elang Mahkota Teknologi Tbk's Graham Number too high?
PT Elang Mahkota Teknologi Tbk's current Graham Number is Rp523.62. Based on the distribution chart, PT Elang Mahkota Teknologi Tbk ranks #210 out of 488 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, PT Elang Mahkota Teknologi Tbk has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Elang Mahkota Teknologi Tbk's Graham Number compare to NXST?
According to the Media - Diversified industry distribution chart, PT Elang Mahkota Teknologi Tbk ranks #210 out of 488 companies for Graham Number. This puts PT Elang Mahkota Teknologi Tbk in the upper half of its industry. The industry median Graham Number is 1.15. 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 Media - Diversified company?
The median Graham Number among Media - Diversified companies is 1.15, based on 488 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 PT Elang Mahkota Teknologi Tbk and its competitors. For the Media - Diversified industry, the median Graham Number is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Elang Mahkota Teknologi Tbk's current Graham Number is Rp523.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Elang Mahkota Teknologi Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Elang Mahkota Teknologi Tbk (ISX:EMTK) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp951.27, compared to a current price of Rp520.00 — trading 45.3% below its estimated fair value. The current Graham Number is Rp523.62. PT Elang Mahkota Teknologi Tbk's overall GF Score™ is 62/100 with 5 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 PT Elang Mahkota Teknologi Tbk (ISX:EMTK), the current Graham Number is Rp523.62 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 PT Elang Mahkota Teknologi Tbk (ISX:EMTK) Overvalued in 2026?
Based on GuruFocus' analysis, PT Elang Mahkota Teknologi Tbk stock appears to be undervalued.
The current stock price of Rp520.00 is trading 45.3% below its estimated GF Value™ of Rp951.27.
GuruFocus considers PT Elang Mahkota Teknologi Tbk to be Significantly Undervalued.
Key valuation signals for ISX:EMTK:
Graham Number: Rp523.62
GF Value™: Rp951.27 vs. price of Rp520.00 (45.3% below fair value)
No single metric tells the full story. See the ISX:EMTK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Elang Mahkota Teknologi Tbk is an Indonesian integrated group engaged in services, trading, construction, and industry. The group is engaged in media, health, aviation support services, Digital Products and Services Segment and other business segments through its investments in several subsidiaries. The majority of the revenue is generated from media segment.
62GF Score
Get the complete analysis for ISX:EMTK
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