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.
MTSI'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.5 Med: 5.13 Max: 19.97
Current: 9.37
During the past 13 years, the highest Price to Graham Number ratio of MACOM Technology Solutions Holdings was 19.97. The lowest was 2.50. And the median was 5.13.
MTSI's Price-to-Graham-Number is ranked worse than 84.3% of 656
companies
in the Semiconductors industry
Industry Median: 3.2
vs MTSI: 9.37
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
MACOM Technology Solutions Holdings (NAS:MTSI) 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.
MACOM Technology Solutions Holdings's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
322.26
/
34.38
=
9.37
* 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.
MACOM Technology Solutions Holdings Graham Number Related Terms
MACOM Technology Solutions Holdings 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.
MACOM Technology Solutions Holdings Graham Number Chart
For the Semiconductors subindustry, MACOM Technology Solutions 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.
MACOM Technology Solutions Holdings Price-to-Graham-Number vs Semiconductors Industry
For the Semiconductors industry and Technology sector, MACOM Technology Solutions Holdings's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where MACOM Technology Solutions Holdings'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.
MACOM Technology Solutions Holdings (MTSI) has a Graham Number of $34.38 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on MACOM Technology Solutions Holdings and its competitors. This is 570% above median its historical median of 5.13. Over the past decade, MACOM Technology Solutions Holdings' Graham Number has ranged from 2.50 to 19.97. According to the industry distribution chart, MACOM Technology Solutions Holdings ranks #553 out of 656 companies in the Semiconductors industry, placing it in the top 84.3%.
Is MACOM Technology Solutions Holdings' Graham Number too high?
MACOM Technology Solutions Holdings' current Graham Number of $34.38 is 570% above median its 10-year median of 5.13. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 19.97. The Semiconductors industry median Graham Number is 3.20. MACOM Technology Solutions Holdings' value of $34.38 is 974.4% above this industry median. Based on the distribution chart, MACOM Technology Solutions Holdings ranks #553 out of 656 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, MACOM Technology Solutions Holdings has a GF Scoreâ„¢ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MACOM Technology Solutions Holdings' Graham Number compare to ON and LSCC?
According to the Semiconductors industry distribution chart, MACOM Technology Solutions Holdings ranks #553 out of 656 companies for Graham Number. This places MACOM Technology Solutions Holdings in the lower half of its industry. The industry median Graham Number is 3.20. MACOM Technology Solutions Holdings' value of $34.38 is 974.4% above this benchmark. Historically, MACOM Technology Solutions Holdings' own Graham Number has ranged from 2.50 to 19.97 over the past decade. While the company's 10-year median is 5.13 vs. the industry median of 3.20, MACOM Technology Solutions 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 Semiconductors company?
The median Graham Number among Semiconductors companies is 3.20, based on 656 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. MACOM Technology Solutions Holdings's current Graham Number of $34.38 is 974.4% 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 MACOM Technology Solutions Holdings and its competitors. For the Semiconductors industry, the median Graham Number is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MACOM Technology Solutions Holdings's current Graham Number is $34.38, which is 570% above median its own 10-year median of 5.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MACOM Technology Solutions Holdings stock overvalued right now?
Based on GuruFocus' analysis, MACOM Technology Solutions Holdings (MTSI) is currently considered Significantly Overvalued. The stock's GF Value™ is $171.83, compared to a current price of $322.26 — trading 87.5% above its estimated fair value. The current Graham Number is $34.38, which is 570% above median its 10-year median of 5.13 and 974.4% above the Semiconductors industry median of 3.20. MACOM Technology Solutions Holdings' overall GF Score™ is 74/100 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 MACOM Technology Solutions Holdings (MTSI), the current Graham Number is $34.38 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 MACOM Technology Solutions Holdings (MTSI) Overvalued in 2026?
Based on GuruFocus' analysis, MACOM Technology Solutions Holdings stock appears to be overvalued.
The current stock price of $322.26 is trading 87.5% above its estimated GF Value™ of $171.83.
GuruFocus considers MACOM Technology Solutions Holdings to be Significantly Overvalued.
Key valuation signals for MTSI:
Graham Number: $34.38 (570% above median its 10-year median of 5.13)
GF Value™: $171.83 vs. price of $322.26 (87.5% above fair value)
Industry Position: 974.4% above the Semiconductors median (#553 of 656)
No single metric tells the full story. See the MTSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MACOM Technology Solutions Holdings Business Description
MACOM Technology Solutions Holdings Inc is a provider of analog, digital, and mixed-signal semiconductor solutions to original equipment manufacturers and distributors. These solutions are found in systems for industrial, medical, scientific, and test and measurement markets. The firm's portfolio of products includes integrated circuits, multichip modules, power pallets and transistors, diodes, amplifiers, switches and switch limiters, passive and active components, and complete subsystems.
74GF Score
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