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Nihon Decoluxe CoNGO:7950 60 Graham Number is 円17,979.05 as of Mar. 2026, which is 100% below its 10-year median of 0.47. GuruFocus rates NGO:7950 with a GF Score™ of 60/100 and a GF Value™ of 円8,394.67 (Fairly Valued). The stock has 5 warning signs investors should review. Among 285 Furnishings, Fixtures & Appliances companies, Nihon Decoluxe Co ranks better than 85.61% 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 (2026-08-15), the stock price of Nihon Decoluxe Co is 円9250.00. Nihon Decoluxe Co's graham number for the quarter that ended in Mar. 2026 was 円17,979.05. Therefore, Nihon Decoluxe Co's Price to Graham Number ratio for today is 0.48.
The historical rank and industry rank for Nihon Decoluxe Co's Graham Number or its related term are showing as below:
NGO:7950'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.4 Med: 0.47 Max: 0.51
Current: 0.48
During the past 13 years, the highest Price to Graham Number ratio of Nihon Decoluxe Co was 0.51. The lowest was 0.40. And the median was 0.47.
NGO:7950's Price-to-Graham-Number is ranked better than 85.61% of 285
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.1
vs NGO:7950: 0.48
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Nihon Decoluxe Co (NGO:7950) 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.
Nihon Decoluxe Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
9250.00
/
19,093.16
=
0.48
* 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.
Nihon Decoluxe Co Graham Number Related Terms
Nihon Decoluxe Co Graham Number Historical Data
* Premium members only.
The historical data trend for Nihon Decoluxe 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.
NGO:7950 vs SN, SGI, MHK: Graham Number Comparison
For the Furnishings, Fixtures & Appliances subindustry, Nihon Decoluxe 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.
Nihon Decoluxe Co Price-to-Graham-Number vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nihon Decoluxe Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Nihon Decoluxe Co'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.
Nihon Decoluxe Co (NGO:7950) has a Graham Number of 円17,979.05 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Nihon Decoluxe Co and its competitors. This is 3825230% above median its historical median of 0.47. Over the past decade, Nihon Decoluxe Co's Graham Number has ranged from 0.40 to 0.51. According to the industry distribution chart, Nihon Decoluxe Co ranks #41 out of 285 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 14.4%.
Is Nihon Decoluxe Co's Graham Number too high?
Nihon Decoluxe Co's current Graham Number of 円17,979.05 is 3825230% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.51. Based on the distribution chart, Nihon Decoluxe Co ranks #41 out of 285 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Nihon Decoluxe Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nihon Decoluxe Co's Graham Number compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Nihon Decoluxe Co ranks #41 out of 285 companies for Graham Number. This places Nihon Decoluxe Co in the top 14% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.10. Historically, Nihon Decoluxe Co's own Graham Number has ranged from 0.40 to 0.51 over the past decade. 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 Furnishings, Fixtures & Appliances company?
The median Graham Number among Furnishings, Fixtures & Appliances companies is 1.10, based on 285 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. 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 Nihon Decoluxe Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Graham Number is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Decoluxe Co's current Graham Number is 円17,979.05, which is 3825230% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Decoluxe Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Decoluxe Co (NGO:7950) is currently considered Fairly Valued. The stock's GF Value™ is 円8,394.67, compared to a current price of 円9,250.00 — trading 10.2% above its estimated fair value. The current Graham Number is 円17,979.05, which is 3825230% above median its 10-year median of 0.47. Nihon Decoluxe Co's overall GF Score™ is 60/100 with 5 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 Nihon Decoluxe Co (NGO:7950), the current Graham Number is 円17,979.05 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 Nihon Decoluxe Co (NGO:7950) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon Decoluxe Co stock appears to be overvalued.
The current stock price of 円9,250.00 is trading 10.2% above its estimated GF Value™ of 円8,394.67.
GuruFocus considers Nihon Decoluxe Co to be Fairly Valued.
Key valuation signals for NGO:7950:
Graham Number: 円17,979.05 (3825230% above median its 10-year median of 0.47)
GF Value™: 円8,394.67 vs. price of 円9,250.00 (10.2% above fair value)
No single metric tells the full story. See the NGO:7950 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon Decoluxe Co Ltd is engaged in offering decorative boards. It operates Decorative board business unit which covers melamine decorative boards, Living environment business unit, Electronic materials business unit, and a Chemical anchor business unit. The company has two reportable segments: Construction Materials Business and Real Estate Business. The Construction Materials Business manufactures and sells decorative panel products, products for the electronic parts industry, and chemical anchor products. Real Estate Business owns office buildings for lease and engages in real estate leasing.
60GF Score
Get the complete analysis for NGO:7950
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