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TCM Group ASOCSE:TCM 87 Graham Number is krN/A as of Mar. 2026. GuruFocus rates OCSE:TCM with a GF Score™ of 87/100 and a GF Value™ of kr74.86 (Fairly Valued). The stock has 4 warning signs investors should review. Among 285 Furnishings, Fixtures & Appliances companies, TCM Group AS ranks worse than 350876.84% 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 (2026-08-03), the stock price of TCM Group AS is kr70.80. TCM Group AS's graham number for the quarter that ended in Mar. 2026 was krN/A. Therefore, TCM Group AS's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for TCM Group AS's Graham Number or its related term are showing as below:
During the past 12 years, the highest Price to Graham Number ratio of TCM Group AS was 11.72. The lowest was 4.46. And the median was 5.12.
OCSE:TCM's Price-to-Graham-Number is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 1.11 * 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.
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.
TCM Group AS's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
70.80
/
N/A
=
N/A
* 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.
TCM Group AS Graham Number Related Terms
TCM Group AS Graham Number Historical Data
* Premium members only.
The historical data trend for TCM Group AS'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.
OCSE:TCM vs SN, SGI, MHK: Graham Number Comparison
For the Furnishings, Fixtures & Appliances subindustry, TCM Group AS'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.
TCM Group AS Price-to-Graham-Number vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, TCM Group AS's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where TCM Group AS'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.
TCM Group AS (OCSE:TCM) has a Graham Number of krN/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on TCM Group AS and its competitors. Over the past decade, TCM Group AS's Graham Number has ranged from 4.46 to 11.72. According to the industry distribution chart, TCM Group AS ranks #999999 out of 285 companies in the Furnishings, Fixtures & Appliances industry.
Is TCM Group AS's Graham Number too high?
TCM Group AS's current Graham Number is krN/A. Over the past 10 years, this metric has ranged from a low of 4.46 to a high of 11.72. Based on the distribution chart, TCM Group AS ranks #999999 out of 285 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, TCM Group AS has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TCM Group AS's Graham Number compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, TCM Group AS ranks #999999 out of 285 companies for Graham Number. This places TCM Group AS in the lower half of its industry. The industry median Graham Number is 1.11. Historically, TCM Group AS's own Graham Number has ranged from 4.46 to 11.72 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 1.11, 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 TCM Group AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Graham Number is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCM Group AS's current Graham Number is krN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCM Group AS stock overvalued right now?
Based on GuruFocus' analysis, TCM Group AS (OCSE:TCM) is currently considered Fairly Valued. The stock's GF Value™ is kr74.86, compared to a current price of kr70.80 — trading 5.4% below its estimated fair value. The current Graham Number is krN/A. TCM Group AS's overall GF Score™ is 87/100 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 TCM Group AS (OCSE:TCM), the current Graham Number is krN/A 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 TCM Group AS (OCSE:TCM) Overvalued in 2026?
Based on GuruFocus' analysis, TCM Group AS stock appears to be undervalued.
The current stock price of kr70.80 is trading 5.4% below its estimated GF Value™ of kr74.86.
GuruFocus considers TCM Group AS to be Fairly Valued.
Key valuation signals for OCSE:TCM:
Graham Number: krN/A
GF Value™: kr74.86 vs. price of kr70.80 (5.4% below fair value)
No single metric tells the full story. See the OCSE:TCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TCM Group AS manufactures and supplies kitchen and furniture products for bathrooms and storage in Denmark and the other Scandinavian countries. Its products include drawers, cabinets, fronts, table tops, handles, and other accessories. It offers its products under the Svane Kokkenet, Tvis Kokkener, Nettoline, and kitchen brands. The company also sells private-label products through Do-It-Yourself and kitchen specialty stores in Denmark and Norway. The group sells its products in Denmark and other countries, of which a majority of the revenue is derived from Denmark. It also has a presence in Norway and other countries.
87GF Score
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