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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 International Money Express's Graham Number or its related term are showing as below:
MEX:IMXI'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.04 Med: 2.15 Max: 21.23
Current: 1.29
During the past 11 years, the highest Price to Graham Number ratio of International Money Express was 21.23. The lowest was 1.04. And the median was 2.15.
MEX:IMXI's Price-to-Graham-Number is ranked better than 68.07% of 1475
companies
in the Software industry
Industry Median: 1.88
vs MEX:IMXI: 1.29
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
International Money Express (MEX:IMXI) 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.
International Money Express's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
188.70
/
172.87
=
1.09
* 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.
International Money Express Graham Number Related Terms
International Money Express 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.
MEX:IMXI vs IIIV, LSAK, CINT: Graham Number Comparison
For the Software - Infrastructure subindustry, International Money Express'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.
International Money Express Price-to-Graham-Number vs Software Industry
For the Software industry and Technology sector, International Money Express's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where International Money Express'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.
International Money Express (MEX:IMXI) has a Graham Number of MXN172.87 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on International Money Express and its competitors. This is 7940% above median its historical median of 2.15. Over the past decade, International Money Express' Graham Number has ranged from 1.04 to 21.23. According to the industry distribution chart, International Money Express ranks #471 out of 1475 companies in the Software industry, placing it in the top 31.9%.
Is International Money Express' Graham Number too high?
International Money Express' current Graham Number of MXN172.87 is 7940% above median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 21.23. Based on the distribution chart, International Money Express ranks #471 out of 1475 companies in the Software industry, which is above the industry midpoint. Overall, International Money Express has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does International Money Express' Graham Number compare to IIIV and LSAK?
According to the Software industry distribution chart, International Money Express ranks #471 out of 1475 companies for Graham Number. This puts International Money Express in the upper half of its industry. The industry median Graham Number is 1.88. Historically, International Money Express' own Graham Number has ranged from 1.04 to 21.23 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 Software company?
The median Graham Number among Software companies is 1.88, based on 1,475 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 International Money Express and its competitors. For the Software industry, the median Graham Number is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Money Express's current Graham Number is MXN172.87, which is 7940% above median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Money Express stock overvalued right now?
International Money Express (MEX:IMXI) has a current Graham Number of MXN172.87. The stock's GF Value™ is MXN279.28, compared to a current price of MXN188.70 — trading 32.4% below its estimated fair value. The current Graham Number is MXN172.87, which is 7940% above median its 10-year median of 2.15. International Money Express' overall GF Score™ is 80/100 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 International Money Express (MEX:IMXI), the current Graham Number is MXN172.87 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 International Money Express (MEX:IMXI) Overvalued in 2026?
Based on GuruFocus' analysis, International Money Express stock appears to be undervalued.
The current stock price of MXN188.70 is trading 32.4% below its estimated GF Value™ of MXN279.28.
Key valuation signals for MEX:IMXI:
Graham Number: MXN172.87 (7940% above median its 10-year median of 2.15)
GF Value™: MXN279.28 vs. price of MXN188.70 (32.4% below fair value)
No single metric tells the full story. See the MEX:IMXI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
International Money Express Inc is an omnichannel money remittance services company focused on the United States of America to Latin America and the Caribbean corridor, which includes Mexico, Central and South America and the Caribbean. The company offers wire transfer, money order, Foreign exchange, and cash checking services, while the majority of the revenue is derived from wire transfer and money order fees. The firm's business is organized around one reportable segment that provides money remittance services between the U.S. and Canada to Mexico, Guatemala, and other countries in Latin America, Africa, and Asia.
80GF Score
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