Fauji Fertilizer Co (KAR:FFC) Graham Number: ₨505.42 (As of Mar. 2026) — 67289% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

KAR:FFC Fauji Fertilizer Co Ltd KAR:FFC
94 GF Score
Price ₨533.52
GF Value ₨439.50
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Fauji Fertilizer Co Graham Number?

Fauji Fertilizer Co KAR:FFC -0.30% 94 Graham Number is ₨505.42 as of Mar. 2026, which is 100% below its 10-year median of 0.75. GuruFocus rates KAR:FFC with a GF Score™ of 94/100 and a GF Value™ of ₨439.50 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 192 Agriculture companies, Fauji Fertilizer Co ranks better than 54.17% 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 (2026-07-27), the stock price of Fauji Fertilizer Co is ₨533.52. Fauji Fertilizer Co's graham number for the quarter that ended in Mar. 2026 was ₨505.42. Therefore, Fauji Fertilizer Co's Price to Graham Number ratio for today is 1.06.

The historical rank and industry rank for Fauji Fertilizer Co's Graham Number or its related term are showing as below:

KAR:FFC' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.32   Med: 0.75   Max: 1.22
Current: 1.06

During the past 13 years, the highest Price to Graham Number ratio of Fauji Fertilizer Co was 1.22. The lowest was 0.32. And the median was 0.75.

KAR:FFC's Price-to-Graham-Number is ranked better than
54.17% of 192 companies
in the Agriculture industry
Industry Median: 1.13 vs KAR:FFC: 1.06

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


Fauji Fertilizer Co  (KAR:FFC) 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.

Fauji Fertilizer Co's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=533.52/505.42
=1.06

* 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.


Fauji Fertilizer Co Graham Number Related Terms


Fauji Fertilizer Co Graham Number Historical Data

* Premium members only.

The historical data trend for Fauji Fertilizer Co'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.

Fauji Fertilizer Co Graham Number Chart

Fauji Fertilizer Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 205.79 219.99 298.24 449.98 457.89

Fauji Fertilizer Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 480.28 470.75 482.47 489.96 505.42

KAR:FFC vs CTVA, CF, MOS: Graham Number Comparison

For the Agricultural Inputs subindustry, Fauji Fertilizer Co'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.


Fauji Fertilizer Co Price-to-Graham-Number vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Fauji Fertilizer Co's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Fauji Fertilizer Co's Price-to-Graham-Number falls into.


KAR:FFC
94GF Score
Fauji Fertilizer Co Ltd KAR:FFC
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fauji Fertilizer Co Graham Number Calculation

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

Fauji Fertilizer Co'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*181.173*51.433)
=457.89

Fauji Fertilizer Co's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*188.341*60.28)
=505.42

* 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 ₨505.42 mean?
Fauji Fertilizer Co (KAR:FFC) has a Graham Number of ₨505.42 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Fauji Fertilizer Co and its competitors. This is 67289% above median its historical median of 0.75. Over the past decade, Fauji Fertilizer Co's Graham Number has ranged from 0.32 to 1.22. According to the industry distribution chart, Fauji Fertilizer Co ranks #88 out of 192 companies in the Agriculture industry, placing it in the top 45.8%.
Is Fauji Fertilizer Co's Graham Number too high?
Fauji Fertilizer Co's current Graham Number of ₨505.42 is 67289% above median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.22. Based on the distribution chart, Fauji Fertilizer Co ranks #88 out of 192 companies in the Agriculture industry, which is above the industry midpoint. Overall, Fauji Fertilizer Co has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fauji Fertilizer Co's Graham Number compare to CTVA and CF?
According to the Agriculture industry distribution chart, Fauji Fertilizer Co ranks #88 out of 192 companies for Graham Number. This puts Fauji Fertilizer Co in the upper half of its industry. The industry median Graham Number is 1.13. Historically, Fauji Fertilizer Co's own Graham Number has ranged from 0.32 to 1.22 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 an Agriculture company?
The median Graham Number among Agriculture companies is 1.13, based on 192 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 Fauji Fertilizer Co and its competitors. For the Agriculture industry, the median Graham Number is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fauji Fertilizer Co's current Graham Number is ₨505.42, which is 67289% above median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fauji Fertilizer Co stock overvalued right now?
Based on GuruFocus' analysis, Fauji Fertilizer Co (KAR:FFC) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨439.50, compared to a current price of ₨533.52 — trading 21.4% above its estimated fair value. The current Graham Number is ₨505.42, which is 67289% above median its 10-year median of 0.75. Fauji Fertilizer Co's overall GF Score™ is 94/100 with 3 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 Fauji Fertilizer Co (KAR:FFC), the current Graham Number is ₨505.42 as of Mar. 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 Fauji Fertilizer Co (KAR:FFC) Overvalued in 2026?

Based on GuruFocus' analysis, Fauji Fertilizer Co stock appears to be overvalued. The current stock price of ₨533.52 is trading 21.4% above its estimated GF Value™ of ₨439.50. GuruFocus considers Fauji Fertilizer Co to be Modestly Overvalued.

Key valuation signals for KAR:FFC:

  • Graham Number: ₨505.42 (67289% above median its 10-year median of 0.75)
  • GF Value™: ₨439.50 vs. price of ₨533.52 (21.4% above fair value)
  • GF Score™: 94/100 with 3 warning signs

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


Fauji Fertilizer Co Business Description

Address 156 - The Mall, Rawalpindi Cantt, Sona Tower, Rawalpindi, PB, PAK
Fauji Fertilizer Co Ltd is a urea manufacturing company. The company's operating segment includes Fertilizers; Power; Food and Technical Services. It generates maximum revenue from the Fertilizers segment. The Fertilizers segment includes buying, manufacturing, and distributing fertilizer. Its Power segment includes producing and selling power, The Food segment includes processing fresh and frozen fruits, vegetables, frozen cooked and semi-cooked food, and the Technical Services segment is engaged in the provision of technical, maintenance, operations, inspection, and IT services.
94GF Score

Get the complete analysis for KAR:FFC

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

₨533.52
Price
₨439.50
GF Value