Fiducial Office Solutions (LUX:SACIL) Graham Number: €14.35 (As of Sep. 2022)

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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.

LUX:SACIL Fiducial Office Solutions LUX:SACIL
4 GF Score
Price €26.80
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What is Fiducial Office Solutions Graham Number?

Fiducial Office Solutions LUX:SACIL 4 Graham Number is €14.35 as of Sep. 2022. GuruFocus rates LUX:SACIL with a GF Score™ of 4/100.

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 (2026-07-22), the stock price of Fiducial Office Solutions is €26.80. Fiducial Office Solutions's graham number for the quarter that ended in Sep. 2022 was €14.35. Therefore, Fiducial Office Solutions's Price to Graham Number ratio for today is 1.87.

The historical rank and industry rank for Fiducial Office Solutions's Graham Number or its related term are showing as below:

LUX:SACIL's Price-to-Graham-Number is not ranked *
in the Industrial Products industry.
Industry Median: 1.66
* 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.


Fiducial Office Solutions  (LUX:SACIL) 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.

Fiducial Office Solutions's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Sep. 2022 )
=26.80/14.35
=1.87

* 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.


Fiducial Office Solutions Graham Number Related Terms


Fiducial Office Solutions Graham Number Historical Data

* Premium members only.

The historical data trend for Fiducial Office Solutions'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.

Fiducial Office Solutions Graham Number Chart

Fiducial Office Solutions Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.97 9.22 10.07 15.32 14.30

Fiducial Office Solutions Semi-Annual Data
Sep12 Mar13 Sep13 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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 10.08 16.62 15.24 13.76 14.35

LUX:SACIL vs HNI, SCS: Graham Number Comparison

For the Business Equipment & Supplies subindustry, Fiducial Office Solutions'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.


Fiducial Office Solutions Price-to-Graham-Number vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fiducial Office Solutions's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Fiducial Office Solutions's Price-to-Graham-Number falls into.


LUX:SACIL
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Fiducial Office Solutions LUX:SACIL
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Fiducial Office Solutions Graham Number Calculation

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

Fiducial Office Solutions's Graham Number for the fiscal year that ended in Sep. 2022 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*10.514*0.864)
=14.30

Fiducial Office Solutions's Graham Number for the quarter that ended in Sep. 2022 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*10.514*0.87)
=14.35

* 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 €14.35 mean?
Fiducial Office Solutions (LUX:SACIL) has a Graham Number of €14.35 as of Sep. 2022. The Graham Number values a company based on its per-share earnings and book value. View historical data on Fiducial Office Solutions and its competitors.
Is Fiducial Office Solutions' Graham Number too high?
Fiducial Office Solutions' current Graham Number is €14.35. Overall, Fiducial Office Solutions has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Fiducial Office Solutions' Graham Number compare to HNI and SCS?
Fiducial Office Solutions' Graham Number of €14.35 can be compared against companies in the Industrial Products industry. The industry median Graham Number is 1.66. 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 1.66, based on 2,201 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 Fiducial Office Solutions and its competitors. For the Industrial Products industry, the median Graham Number is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiducial Office Solutions's current Graham Number is €14.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiducial Office Solutions stock overvalued right now?
Fiducial Office Solutions (LUX:SACIL) has a current Graham Number of €14.35. The current Graham Number is €14.35. Fiducial Office Solutions' overall GF Score™ is 4/100. 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 Fiducial Office Solutions (LUX:SACIL), the current Graham Number is €14.35 as of Sep. 2022. 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.

Fiducial Office Solutions Business Description

Address 41 rue du Capitaine Guynemer, Courbevoie, FRA, 92400
Fiducial Office Solutions is engaged in the distribution of office supplies and furniture for businesses. The company also designs and prints personalized documents.
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Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€26.80
Price