LFDJF (FDJ United) Graham Number: $N/A (As of Dec. 2025)

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.

LFDJF FDJ United LFDJF
74 GF Score
Price $25.54
GF Value $56.05
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is FDJ United Graham Number?

FDJ United LFDJF 74 Graham Number is $N/A as of Dec. 2025. GuruFocus rates LFDJF with a GF Score™ of 74/100 and a GF Value™ of $56.05 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 492 Travel & Leisure companies, FDJ United ranks worse than 203251.83% 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 (2026-07-19), the stock price of FDJ United is $25.54. FDJ United's graham number for the quarter that ended in Dec. 2025 was $N/A. Therefore, FDJ United's Price to Graham Number ratio for today is N/A.

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

During the past 10 years, the highest Price to Graham Number ratio of FDJ United was 8.39. The lowest was 4.43. And the median was 5.36.

LFDJF's Price-to-Graham-Number is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.245
* 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.


FDJ United  (OTCPK:LFDJF) 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.

FDJ United's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=25.54/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.


FDJ United Graham Number Related Terms


FDJ United Graham Number Historical Data

* Premium members only.

The historical data trend for FDJ United'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.

FDJ United Graham Number Chart

FDJ United 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 8.21 9.00 0.00 0.00 0.00

FDJ United Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 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

LFDJF vs FLUT, DKNG, SGHC: Graham Number Comparison

For the Gambling subindustry, FDJ United'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.


FDJ United Price-to-Graham-Number vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, FDJ United's Price-to-Graham-Number distribution charts can be found below:

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


LFDJF
74GF Score
FDJ United LFDJF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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FDJ United Graham Number Calculation

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

FDJ United'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*-16.989*2.036)
=N/A

FDJ United'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*-16.989*2.03)
=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?
FDJ United (LFDJF) has a Graham Number of $N/A as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on FDJ United and its competitors. Over the past decade, FDJ United's Graham Number has ranged from 4.43 to 8.39. According to the industry distribution chart, FDJ United ranks #999999 out of 492 companies in the Travel & Leisure industry.
Is FDJ United's Graham Number too high?
FDJ United's current Graham Number is $N/A. Over the past 10 years, this metric has ranged from a low of 4.43 to a high of 8.39. Based on the distribution chart, FDJ United ranks #999999 out of 492 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, FDJ United has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FDJ United's Graham Number compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, FDJ United ranks #999999 out of 492 companies for Graham Number. This places FDJ United in the lower half of its industry. The industry median Graham Number is 1.25. Historically, FDJ United's own Graham Number has ranged from 4.43 to 8.39 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 a Travel & Leisure company?
The median Graham Number among Travel & Leisure companies is 1.25, based on 492 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 FDJ United and its competitors. For the Travel & Leisure industry, the median Graham Number is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FDJ United'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 FDJ United stock overvalued right now?
Based on GuruFocus' analysis, FDJ United (LFDJF) is currently considered Possible Value Trap. The stock's GF Value™ is $56.05, compared to a current price of $25.54 — trading 54.4% below its estimated fair value. The current Graham Number is $N/A. FDJ United's overall GF Score™ is 74/100 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 FDJ United (LFDJF), the current Graham Number is $N/A 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 FDJ United (LFDJF) Overvalued in 2026?

Based on GuruFocus' analysis, FDJ United stock appears to be undervalued. The current stock price of $25.54 is trading 54.4% below its estimated GF Value™ of $56.05. GuruFocus considers FDJ United to be Possible Value Trap.

Key valuation signals for LFDJF:

  • Graham Number: $N/A
  • GF Value™: $56.05 vs. price of $25.54 (54.4% below fair value)
  • GF Score™: 74/100 with 4 warning signs

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


FDJ United Business Description

Address 3-7 Quai du Point du Jour, Boulogne-Billancourt, Paris, FRA, 92100
FDJ United is engaged in lottery, sports betting, and online gaming activities. Its offerings include draw and instant lottery games, as well as sports betting services across retail and digital channels. The group operates mainly in France and has expanded internationally through online gaming and betting activities, along with ancillary payment and collection services.
74GF Score

Get the complete analysis for LFDJF

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

$25.54
Price
$56.05
GF Value