MGRT (Mega Fortune Co) Graham Number: $1.82 (As of Sep. 2025) — 19% Below 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.

MGRT Mega Fortune Co Ltd MGRT
24 GF Score
Price $94.33
! 1 Warning Sign
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What is Mega Fortune Co Graham Number?

Mega Fortune Co MGRT -1.23% 24 Graham Number is $1.82 as of Sep. 2025, which is 19% below its 10-year median of 2.25. GuruFocus rates MGRT with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 1,475 Software companies, Mega Fortune Co ranks worse than 99.73% 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 (2026-08-05), the stock price of Mega Fortune Co is $94.33. Mega Fortune Co's graham number for the quarter that ended in Sep. 2025 was $1.82. Therefore, Mega Fortune Co's Price to Graham Number ratio for today is 51.84.

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

MGRT' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.25   Med: 2.25   Max: 53.06
Current: 51.83

During the past 4 years, the highest Price to Graham Number ratio of Mega Fortune Co was 53.06. The lowest was 2.25. And the median was 2.25.

MGRT's Price-to-Graham-Number is ranked worse than
99.73% of 1475 companies
in the Software industry
Industry Median: 1.9 vs MGRT: 51.83

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


Mega Fortune Co  (NAS:MGRT) 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.

Mega Fortune Co's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Sep. 2025 )
=94.33/1.82
=51.84

* 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.


Mega Fortune Co Graham Number Related Terms


Mega Fortune Co Graham Number Historical Data

* Premium members only.

The historical data trend for Mega Fortune 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.

Mega Fortune Co Graham Number Chart

Mega Fortune Co Annual Data
Trend Sep22 Sep23 Sep24 Sep25
Graham Number
0.12 0.25 0.25 2.08

Mega Fortune Co Semi-Annual Data
Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Graham Number Get a 7-Day Free Trial 0.25 0.25 0.25 0.57 1.82

MGRT vs CLVT, BBAI, GLOB: Graham Number Comparison

For the Information Technology Services subindustry, Mega Fortune 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.


Mega Fortune Co Price-to-Graham-Number vs Software Industry

For the Software industry and Technology sector, Mega Fortune Co's Price-to-Graham-Number distribution charts can be found below:

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


MGRT
24GF Score
Mega Fortune Co Ltd MGRT
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Mega Fortune Co Graham Number Calculation

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

Mega Fortune Co's Graham Number for the fiscal year that ended in Sep. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*1.132*0.17)
=2.08

Mega Fortune Co's Graham Number for the quarter that ended in Sep. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*1.132*0.13)
=1.82

* 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 $1.82 mean?
Mega Fortune Co (MGRT) has a Graham Number of $1.82 as of Sep. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Mega Fortune Co and its competitors. This is 19% below median its historical median of 2.25. Over the past decade, Mega Fortune Co's Graham Number has ranged from 2.25 to 53.06. According to the industry distribution chart, Mega Fortune Co ranks #1471 out of 1475 companies in the Software industry, placing it in the top 99.7%.
Is Mega Fortune Co's Graham Number too high?
Mega Fortune Co's current Graham Number of $1.82 is 19% below median its 10-year median of 2.25. Over the past 10 years, this metric has ranged from a low of 2.25 to a high of 53.06. The Software industry median Graham Number is 1.90. Mega Fortune Co's value of $1.82 is 4.2% below this industry median. Based on the distribution chart, Mega Fortune Co ranks #1471 out of 1475 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Mega Fortune Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Mega Fortune Co's Graham Number compare to CLVT and BBAI?
According to the Software industry distribution chart, Mega Fortune Co ranks #1471 out of 1475 companies for Graham Number. This places Mega Fortune Co in the lower half of its industry. The industry median Graham Number is 1.90. Mega Fortune Co's value of $1.82 is 4.2% below this benchmark. Historically, Mega Fortune Co's own Graham Number has ranged from 2.25 to 53.06 over the past decade. While the company's 10-year median is 2.25 vs. the industry median of 1.90, Mega Fortune Co has consistently been below the industry average. 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 1.90, 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. Mega Fortune Co's current Graham Number of $1.82 is 4.2% below the industry median. 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 Mega Fortune Co and its competitors. For the Software industry, the median Graham Number is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Fortune Co's current Graham Number is $1.82, which is 19% below median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Fortune Co stock overvalued right now?
Mega Fortune Co (MGRT) has a current Graham Number of $1.82. The current Graham Number is $1.82, which is 19% below median its 10-year median of 2.25 and 4.2% below the Software industry median of 1.90. Mega Fortune Co's overall GF Score™ is 24/100 with 1 warning sign 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 Mega Fortune Co (MGRT), the current Graham Number is $1.82 as of Sep. 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.

Mega Fortune Co Business Description

Address Science Park West Avenue, Unit 327 3/F 16W 16, Shatin, New Territories, Hong Kong, HKG
Mega Fortune Co Ltd is an Internet of Things (IoT) solution provider in Hong Kong. Through its IoT platform, tools, and services, it helps enterprises with their digital transformation, launch IoT initiatives, scale up an existing IoT application, or integrate any IoT solution. The Company has specialized in delivering comprehensive IoT solutions and services across various industries. Its vision is to become the preferred choice for enterprise and project IoT solutions across the Asia-Pacific region.
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$94.33
Price