MNGNF (Mars Group Holdings) Graham Number: $39.33 (As of Mar. 2026) — 6143% Above Median

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What is Mars Group Holdings Graham Number?

Mars Group Holdings MNGNF 85 Graham Number is $39.33 as of Mar. 2026, which is 6143% above its 10-year median of 0.63. GuruFocus rates MNGNF with a GF Score™ of 85/100. The stock has 4 warning signs investors should review. Among 495 Travel & Leisure companies, Mars Group Holdings ranks better than 88.08% 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 (2026-07-26), the stock price of Mars Group Holdings is $0.00. Mars Group Holdings's graham number for the quarter that ended in Mar. 2026 was $39.33. Therefore, Mars Group Holdings's Price to Graham Number ratio for today is 0.00.

The historical rank and industry rank for Mars Group Holdings's Graham Number or its related term are showing as below:

During the past 13 years, the highest Price to Graham Number ratio of Mars Group Holdings was 0.83. The lowest was 0.46. And the median was 0.63.

MNGNF's Price-to-Graham-Number is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.2
* 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.


Mars Group Holdings  (OTCPK:MNGNF) 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.

Mars Group Holdings's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.00/39.33
=0.00

* 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.


Mars Group Holdings Graham Number Related Terms


Mars Group Holdings Graham Number Historical Data

* Premium members only.

The historical data trend for Mars Group Holdings'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.

Mars Group Holdings Graham Number Chart

Mars Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.87 28.52 44.25 46.03 38.32

Mars Group Holdings 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 45.57 42.39 41.15 40.17 39.33

MNGNF vs AS, HAS, LTH: Graham Number Comparison

For the Leisure subindustry, Mars Group Holdings'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.


Mars Group Holdings Price-to-Graham-Number vs Travel & Leisure Industry

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

* The bar in red indicates where Mars Group Holdings's Price-to-Graham-Number falls into.



Mars Group Holdings Graham Number Calculation

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

Mars Group Holdings's Graham Number for the fiscal year that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*29.112*2.242)
=38.32

Mars Group Holdings'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*29.112*2.361)
=39.33

* 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 $39.33 mean?
Mars Group Holdings (MNGNF) has a Graham Number of $39.33 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Mars Group Holdings and its competitors. This is 6143% above median its historical median of 0.63. Over the past decade, Mars Group Holdings' Graham Number has ranged from 0.46 to 0.83. According to the industry distribution chart, Mars Group Holdings ranks #59 out of 495 companies in the Travel & Leisure industry, placing it in the top 11.9%.
Is Mars Group Holdings' Graham Number too high?
Mars Group Holdings' current Graham Number of $39.33 is 6143% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.83. The Travel & Leisure industry median Graham Number is 1.20. Mars Group Holdings' value of $39.33 is 3177.5% above this industry median. Based on the distribution chart, Mars Group Holdings ranks #59 out of 495 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Mars Group Holdings has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Mars Group Holdings' Graham Number compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Mars Group Holdings ranks #59 out of 495 companies for Graham Number. This places Mars Group Holdings in the top 12% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.20. Mars Group Holdings' value of $39.33 is 3177.5% above this benchmark. Historically, Mars Group Holdings' own Graham Number has ranged from 0.46 to 0.83 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 1.20, Mars Group Holdings has consistently been above 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 Travel & Leisure company?
The median Graham Number among Travel & Leisure companies is 1.20, based on 495 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. Mars Group Holdings's current Graham Number of $39.33 is 3177.5% above 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 Mars Group Holdings and its competitors. For the Travel & Leisure industry, the median Graham Number is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mars Group Holdings's current Graham Number is $39.33, which is 6143% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mars Group Holdings stock overvalued right now?
Mars Group Holdings (MNGNF) has a current Graham Number of $39.33. The current Graham Number is $39.33, which is 6143% above median its 10-year median of 0.63 and 3177.5% above the Travel & Leisure industry median of 1.20. Mars Group Holdings' overall GF Score™ is 85/100 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 Mars Group Holdings (MNGNF), the current Graham Number is $39.33 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.

Mars Group Holdings Business Description

Other Exchanges 6419:Japan
Address 1-10-7 Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
Mars Group Holdings Corp engages in the operation of amusement and hotel-related businesses. It operates through the following divisions: Amusement, Automatic Recognition System, and Hotel. The Amusement division provides peripheral equipment for amusement-related facilities. The Automatic Recognition System division deals with RFID (radio frequency identification) and barcodes in the fields of medicine, education, library, and factory automation. The Hotel division handles hotels and restaurants operations in Fukuoka, Shizuoka, and Tokyo.