MONOF (MonotaRO Co) Graham Number: $3.82 (As of Dec. 2025) — 42% Below Median


MONOF MonotaRO Co Ltd MONOF
87 GF Score
Price $10.40
GF Value $16.25
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What is MonotaRO Co Graham Number?

MonotaRO Co MONOF 87 Graham Number is $3.82 as of Dec. 2025, which is 42% below its 10-year median of 6.57. GuruFocus rates MONOF with a GF Score™ of 87/100 and a GF Value™ of $16.25. Among 756 Retail - Cyclical companies, MonotaRO Co ranks worse than 82.28% 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 (2026-06-28), the stock price of MonotaRO Co is $10.40. MonotaRO Co's graham number for the quarter that ended in Dec. 2025 was $3.82. Therefore, MonotaRO Co's Price to Graham Number ratio for today is 2.69.

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

MONOF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 3.06   Med: 6.57   Max: 11.37
Current: 3.09

During the past 13 years, the highest Price to Graham Number ratio of MonotaRO Co was 11.37. The lowest was 3.06. And the median was 6.57.

MONOF's Price-to-Graham-Number is ranked worse than
82.28% of 756 companies
in the Retail - Cyclical industry
Industry Median: 1.21 vs MONOF: 3.09

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


MonotaRO Co  (OTCPK:MONOF) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=10.40/3.87
=2.69

* 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.


MonotaRO Co Graham Number Related Terms


MonotaRO Co Graham Number Historical Data

* Premium members only.

The historical data trend for MonotaRO 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.

MonotaRO Co Graham Number Chart

MonotaRO Co 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 2.57 2.51 2.80 3.15 3.74

MonotaRO Co 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 3.34 3.64 3.70 3.82 3.72

MONOF vs AMZN, BABA, PDD: Graham Number Comparison

For the Internet Retail subindustry, MonotaRO 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.


MonotaRO Co Price-to-Graham-Number vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MonotaRO Co's Price-to-Graham-Number distribution charts can be found below:

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


MONOF
87GF Score
MonotaRO Co Ltd MONOF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MonotaRO Co Graham Number Calculation

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

MonotaRO Co'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*1.482*0.419)
=3.74

MonotaRO Co'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*1.482*0.449)
=3.87

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of $3.82 mean?
MonotaRO Co (MONOF) has a Graham Number of $3.82 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on MonotaRO Co and its competitors. This is 42% below median its historical median of 6.57. Over the past decade, MonotaRO Co's Graham Number has ranged from 3.06 to 11.37. According to the industry distribution chart, MonotaRO Co ranks #622 out of 756 companies in the Retail - Cyclical industry, placing it in the top 82.3%.
Is MonotaRO Co's Graham Number too high?
MonotaRO Co's current Graham Number of $3.82 is 42% below median its 10-year median of 6.57. Over the past 10 years, this metric has ranged from a low of 3.06 to a high of 11.37. The Retail - Cyclical industry median Graham Number is 1.21. MonotaRO Co's value of $3.82 is 215.7% above this industry median. Based on the distribution chart, MonotaRO Co ranks #622 out of 756 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, MonotaRO Co has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does MonotaRO Co's Graham Number compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, MonotaRO Co ranks #622 out of 756 companies for Graham Number. This places MonotaRO Co in the lower half of its industry. The industry median Graham Number is 1.21. MonotaRO Co's value of $3.82 is 215.7% above this benchmark. Historically, MonotaRO Co's own Graham Number has ranged from 3.06 to 11.37 over the past decade. While the company's 10-year median is 6.57 vs. the industry median of 1.21, MonotaRO Co 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 Retail - Cyclical company?
The median Graham Number among Retail - Cyclical companies is 1.21, based on 756 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. MonotaRO Co's current Graham Number of $3.82 is 215.7% 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 MonotaRO Co and its competitors. For the Retail - Cyclical industry, the median Graham Number is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MonotaRO Co's current Graham Number is $3.82, which is 42% below median its own 10-year median of 6.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MonotaRO Co stock overvalued right now?
MonotaRO Co (MONOF) has a current Graham Number of $3.82. The stock's GF Value™ is $16.25, compared to a current price of $10.40 — trading 36% below its estimated fair value. The current Graham Number is $3.82, which is 42% below median its 10-year median of 6.57 and 215.7% above the Retail - Cyclical industry median of 1.21. MonotaRO Co's overall GF Score™ is 87/100. 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 MonotaRO Co (MONOF), the current Graham Number is $3.82 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 MonotaRO Co (MONOF) Overvalued in 2026?

Based on GuruFocus' analysis, MonotaRO Co stock appears to be undervalued. The current stock price of $10.40 is trading 36% below its estimated GF Value™ of $16.25.

Key valuation signals for MONOF:

  • Graham Number: $3.82 (42% below median its 10-year median of 6.57)
  • GF Value™: $16.25 vs. price of $10.40 (36% below fair value)
  • GF Score™: 87/100
  • Industry Position: 215.7% above the Retail - Cyclical median (#622 of 756)

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


MonotaRO Co Business Description

Address 2-2-3 Umeda, JP Tower Osaka, 22nd Floor, Kita-ku, Osaka-shi, Osaka, JPN, 530-0001
MonotaRO Co is a Japanese e-commerce company selling industrial supply products.
87GF Score

Get the complete analysis for MONOF

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

$10.40
Price
$16.25
GF Value