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Microtek InternationalTPE:2305 -2.07%68 Graham Number is NT$14.66 as of Jun. 2026, which is 100% below its 10-year median of 2.34. GuruFocus rates TPE:2305 with a GF Score™ of 68/100 and a GF Value™ of NT$25.04 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,648 Hardware companies, Microtek International ranks better than 50.36% 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.
Microtek International (TPE:2305) 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.
Microtek International's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
26.00
/
14.66
=
1.77
* 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.
Microtek International Graham Number Related Terms
Microtek International 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.
TPE:2305 vs DELL, ANET, SNDK: Graham Number Comparison
For the Computer Hardware subindustry, Microtek International'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.
Microtek International Price-to-Graham-Number vs Hardware Industry
For the Hardware industry and Technology sector, Microtek International's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Microtek International'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.
Microtek International (TPE:2305) has a Graham Number of NT$14.66 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Microtek International and its competitors. This is 526% above median its historical median of 2.34. Over the past decade, Microtek International's Graham Number has ranged from 0.26 to 8.25. According to the industry distribution chart, Microtek International ranks #818 out of 1648 companies in the Hardware industry, placing it in the top 49.6%.
Is Microtek International's Graham Number too high?
Microtek International's current Graham Number of NT$14.66 is 526% above median its 10-year median of 2.34. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 8.25. Based on the distribution chart, Microtek International ranks #818 out of 1648 companies in the Hardware industry, which is above the industry midpoint. Overall, Microtek International has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Microtek International's Graham Number compare to DELL and ANET?
According to the Hardware industry distribution chart, Microtek International ranks #818 out of 1648 companies for Graham Number. This puts Microtek International in the upper half of its industry. The industry median Graham Number is 1.77. Historically, Microtek International's own Graham Number has ranged from 0.26 to 8.25 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 Hardware company?
The median Graham Number among Hardware companies is 1.77, based on 1,648 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 Microtek International and its competitors. For the Hardware industry, the median Graham Number is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microtek International's current Graham Number is NT$14.66, which is 526% above median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microtek International stock overvalued right now?
Based on GuruFocus' analysis, Microtek International (TPE:2305) is currently considered Fairly Valued. The stock's GF Value™ is NT$25.04, compared to a current price of NT$26.00 — trading 3.8% above its estimated fair value. The current Graham Number is NT$14.66, which is 526% above median its 10-year median of 2.34. Microtek International's overall GF Score™ is 68/100 with 2 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 Microtek International (TPE:2305), the current Graham Number is NT$14.66 as of Jun. 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 Microtek International (TPE:2305) Overvalued in 2026?
Based on GuruFocus' analysis, Microtek International stock appears to be overvalued.
The current stock price of NT$26.00 is trading 3.8% above its estimated GF Value™ of NT$25.04.
GuruFocus considers Microtek International to be Fairly Valued.
Key valuation signals for TPE:2305:
Graham Number: NT$14.66 (526% above median its 10-year median of 2.34)
GF Value™: NT$25.04 vs. price of NT$26.00 (3.8% above fair value)
No single metric tells the full story. See the TPE:2305 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Microtek International Inc is engaged in the design, manufacture, and sale of smart scanners, related computer information peripherals, and optical fiber engineering testing instruments. The company has two reporting departments: the image scanner division and the optoelectronics division. The image scanner division is engaged in the design, manufacture, and sale of digital video input/output hardware and software equipment, while the optoelectronics division is engaged in the research, manufacture, and sale of optical source devices, light instruments, and light source manufacturing systems. It derives revenue from the optoelectronics division. Geographically, it operates in China and Taiwan, with the majority of revenue deriving from China.
68GF Score
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