MOGLF (Mongolian Mining) Graham Number: $0.80 (As of Dec. 2025) — 233% Above 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.

MOGLF Mongolian Mining Corp MOGLF
54 GF Score
Price $0.87
GF Value $0.77
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Mongolian Mining Graham Number?

Mongolian Mining MOGLF 54 Graham Number is $0.80 as of Dec. 2025, which is 233% above its 10-year median of 0.24. GuruFocus rates MOGLF with a GF Score™ of 54/100 and a GF Value™ of $0.77 (Fairly Valued). The stock has 4 warning signs investors should review. Among 426 Steel companies, Mongolian Mining ranks worse than 61.27% 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 (2026-08-02), the stock price of Mongolian Mining is $0.8663. Mongolian Mining's graham number for the quarter that ended in Dec. 2025 was $0.80. Therefore, Mongolian Mining's Price to Graham Number ratio for today is 1.08.

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

MOGLF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.07   Med: 0.24   Max: 3.43
Current: 1.14

During the past 13 years, the highest Price to Graham Number ratio of Mongolian Mining was 3.43. The lowest was 0.07. And the median was 0.24.

MOGLF's Price-to-Graham-Number is ranked worse than
61.27% of 426 companies
in the Steel industry
Industry Median: 0.95 vs MOGLF: 1.14

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


Mongolian Mining  (OTCPK:MOGLF) 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.

Mongolian Mining's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=0.8663/0.80
=1.08

* 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.


Mongolian Mining Graham Number Related Terms


Mongolian Mining Graham Number Historical Data

* Premium members only.

The historical data trend for Mongolian Mining'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.

Mongolian Mining Graham Number Chart

Mongolian Mining 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 0.00 1.05 2.36 2.41 0.40

Mongolian Mining Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only 2.33 1.84 2.41 1.18 0.80

MOGLF vs HCC, AMR, SXC: Graham Number Comparison

For the Coking Coal subindustry, Mongolian Mining'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.


Mongolian Mining Price-to-Graham-Number vs Steel Industry

For the Steel industry and Basic Materials sector, Mongolian Mining's Price-to-Graham-Number distribution charts can be found below:

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


MOGLF
54GF Score
Mongolian Mining Corp MOGLF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mongolian Mining Graham Number Calculation

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

Mongolian Mining'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*1.191*0.006)
=0.40

Mongolian Mining'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*1.191*0.024)
=0.80

* 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 $0.80 mean?
Mongolian Mining (MOGLF) has a Graham Number of $0.80 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Mongolian Mining and its competitors. This is 233% above median its historical median of 0.24. Over the past decade, Mongolian Mining's Graham Number has ranged from 0.07 to 3.43. According to the industry distribution chart, Mongolian Mining ranks #261 out of 426 companies in the Steel industry, placing it in the top 61.3%.
Is Mongolian Mining's Graham Number too high?
Mongolian Mining's current Graham Number of $0.80 is 233% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 3.43. The Steel industry median Graham Number is 0.95. Mongolian Mining's value of $0.80 is 15.8% below this industry median. Based on the distribution chart, Mongolian Mining ranks #261 out of 426 companies in the Steel industry, which is below the industry midpoint. Overall, Mongolian Mining has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mongolian Mining's Graham Number compare to HCC and AMR?
According to the Steel industry distribution chart, Mongolian Mining ranks #261 out of 426 companies for Graham Number. This places Mongolian Mining in the lower half of its industry. The industry median Graham Number is 0.95. Mongolian Mining's value of $0.80 is 15.8% below this benchmark. Historically, Mongolian Mining's own Graham Number has ranged from 0.07 to 3.43 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.95, Mongolian Mining 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 Steel company?
The median Graham Number among Steel companies is 0.95, based on 426 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. Mongolian Mining's current Graham Number of $0.80 is 15.8% 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 Mongolian Mining and its competitors. For the Steel industry, the median Graham Number is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mongolian Mining's current Graham Number is $0.80, which is 233% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mongolian Mining stock overvalued right now?
Based on GuruFocus' analysis, Mongolian Mining (MOGLF) is currently considered Fairly Valued. The stock's GF Value™ is $0.77, compared to a current price of $0.87 — trading 12.5% above its estimated fair value. The current Graham Number is $0.80, which is 233% above median its 10-year median of 0.24 and 15.8% below the Steel industry median of 0.95. Mongolian Mining's overall GF Score™ is 54/100 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 Mongolian Mining (MOGLF), the current Graham Number is $0.80 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 Mongolian Mining (MOGLF) Overvalued in 2026?

Based on GuruFocus' analysis, Mongolian Mining stock appears to be overvalued. The current stock price of $0.87 is trading 12.5% above its estimated GF Value™ of $0.77. GuruFocus considers Mongolian Mining to be Fairly Valued.

Key valuation signals for MOGLF:

  • Graham Number: $0.80 (233% above median its 10-year median of 0.24)
  • GF Value™: $0.77 vs. price of $0.87 (12.5% above fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 15.8% below the Steel median (#261 of 426)

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


Mongolian Mining Business Description

Other Exchanges 00975:Hong Kong29X2:Germany
Address Central Tower, 16th Floor, Sukhbaatar District, Ulaanbaatar, MNG, 14200
Mongolian Mining Corp together with its subsidiaries, is principally engaged in the mining, processing, transportation, and sale of coal and gold products. The company owns and operates the Ukhaa Khudag and Baruun Naran open-pit coking coal mines in Umnugobi aimag, Mongolia. The company generates revenue from the sale of washed hard-coking coal, washed semi-soft coking coal, Middlings, washed mid-ash semi-hard coking coal, Raw thermal coal, and gold & silver products. The majority of the revenue is generated from the sale of washed hard-coking coal. China accounts for the majority of the sales of its products.
54GF Score

Get the complete analysis for MOGLF

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

$0.87
Price
$0.77
GF Value