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.
STTFF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.02 Med: 1.88 Max: 4.28
Current: 1.12
During the past 13 years, the highest Price to Graham Number ratio of SmarTone Telecommunications Holdings was 4.28. The lowest was 1.02. And the median was 1.88.
STTFF's Price-to-Graham-Number is ranked better than 69.27% of 192
companies
in the Telecommunication Services industry
Industry Median: 1.62
vs STTFF: 1.12
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
SmarTone Telecommunications Holdings (OTCPK:STTFF) 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.
SmarTone Telecommunications Holdings's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
0.4996
/
0.55
=
0.91
* 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.
SmarTone Telecommunications Holdings Graham Number Related Terms
SmarTone Telecommunications 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.
SmarTone Telecommunications Holdings Graham Number Chart
For the Telecom Services subindustry, SmarTone Telecommunications 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.
SmarTone Telecommunications Holdings Price-to-Graham-Number vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, SmarTone Telecommunications Holdings's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where SmarTone Telecommunications 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.
SmarTone Telecommunications Holdings (STTFF) has a Graham Number of $0.55 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on SmarTone Telecommunications Holdings and its competitors. This is 71% below median its historical median of 1.88. Over the past decade, SmarTone Telecommunications Holdings' Graham Number has ranged from 1.02 to 4.28. According to the industry distribution chart, SmarTone Telecommunications Holdings ranks #59 out of 192 companies in the Telecommunication Services industry, placing it in the top 30.7%.
Is SmarTone Telecommunications Holdings' Graham Number too high?
SmarTone Telecommunications Holdings' current Graham Number of $0.55 is 71% below median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 4.28. The Telecommunication Services industry median Graham Number is 1.62. SmarTone Telecommunications Holdings' value of $0.55 is 66% below this industry median. Based on the distribution chart, SmarTone Telecommunications Holdings ranks #59 out of 192 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, SmarTone Telecommunications Holdings has a GF Scoreâ„¢ of 74/100, reflecting its overall financial health beyond just this single metric.
How does SmarTone Telecommunications Holdings' Graham Number compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, SmarTone Telecommunications Holdings ranks #59 out of 192 companies for Graham Number. This puts SmarTone Telecommunications Holdings in the upper half of its industry. The industry median Graham Number is 1.62. SmarTone Telecommunications Holdings' value of $0.55 is 66% below this benchmark. Historically, SmarTone Telecommunications Holdings' own Graham Number has ranged from 1.02 to 4.28 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 1.62, SmarTone Telecommunications Holdings 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 Telecommunication Services company?
The median Graham Number among Telecommunication Services companies is 1.62, based on 192 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. SmarTone Telecommunications Holdings's current Graham Number of $0.55 is 66% 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 SmarTone Telecommunications Holdings and its competitors. For the Telecommunication Services industry, the median Graham Number is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SmarTone Telecommunications Holdings's current Graham Number is $0.55, which is 71% below median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SmarTone Telecommunications Holdings stock overvalued right now?
SmarTone Telecommunications Holdings (STTFF) has a current Graham Number of $0.55. The stock's GF Value™ is $0.43, compared to a current price of $0.50 — trading 16.2% above its estimated fair value. The current Graham Number is $0.55, which is 71% below median its 10-year median of 1.88 and 66% below the Telecommunication Services industry median of 1.62. SmarTone Telecommunications Holdings' overall GF Score™ is 74/100 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 SmarTone Telecommunications Holdings (STTFF), the current Graham Number is $0.55 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 SmarTone Telecommunications Holdings (STTFF) Overvalued in 2026?
Based on GuruFocus' analysis, SmarTone Telecommunications Holdings stock appears to be overvalued.
The current stock price of $0.50 is trading 16.2% above its estimated GF Value™ of $0.43.
Key valuation signals for STTFF:
Graham Number: $0.55 (71% below median its 10-year median of 1.88)
GF Value™: $0.43 vs. price of $0.50 (16.2% above fair value)
Industry Position: 66% below the Telecommunication Services median (#59 of 192)
No single metric tells the full story. See the STTFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SmarTone Telecommunications Holdings Business Description
SmarTone Telecommunications Holdings Ltd provides mobile and broadband services for household and corporate customers. The majority of overall company revenue comes from selling handsets and associated accessories. The group's customers are post-paid. It operates in one reportable segment, which is mobile telecommunications business.
74GF Score
Get the complete analysis for STTFF
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