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Li Cheng Enterprise CoTPE:4426 55 Graham Number is NT$N/A as of Jun. 2026. GuruFocus rates TPE:4426 with a GF Score™ of 55/100 and a GF Value™ of NT$10.06 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 724 Manufacturing - Apparel & Accessories companies, Li Cheng Enterprise Co ranks worse than 138121.41% 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.
The historical rank and industry rank for Li Cheng Enterprise Co's Graham Number or its related term are showing as below:
During the past 13 years, the highest Price to Graham Number ratio of Li Cheng Enterprise Co was 4.09. The lowest was 1.01. And the median was 1.89.
TPE:4426's Price-to-Graham-Number is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 1.05 * 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.
Li Cheng Enterprise Co (TPE:4426) 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.
Li Cheng Enterprise Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
7.81
/
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.
Li Cheng Enterprise Co Graham Number Related Terms
Li Cheng Enterprise Co 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.
Li Cheng Enterprise Co Graham Number Competitor Comparison
For the Textile Manufacturing subindustry, Li Cheng Enterprise 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.
Li Cheng Enterprise Co Price-to-Graham-Number vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Li Cheng Enterprise Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Li Cheng Enterprise 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.
Li Cheng Enterprise Co (TPE:4426) has a Graham Number of NT$N/A as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Li Cheng Enterprise Co and its competitors. Over the past decade, Li Cheng Enterprise Co's Graham Number has ranged from 1.01 to 4.09. According to the industry distribution chart, Li Cheng Enterprise Co ranks #999999 out of 724 companies in the Manufacturing - Apparel & Accessories industry.
Is Li Cheng Enterprise Co's Graham Number too high?
Li Cheng Enterprise Co's current Graham Number is NT$N/A. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 4.09. Based on the distribution chart, Li Cheng Enterprise Co ranks #999999 out of 724 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Li Cheng Enterprise Co has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Li Cheng Enterprise Co's Graham Number compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Li Cheng Enterprise Co ranks #999999 out of 724 companies for Graham Number. This places Li Cheng Enterprise Co in the lower half of its industry. The industry median Graham Number is 1.05. Historically, Li Cheng Enterprise Co's own Graham Number has ranged from 1.01 to 4.09 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 Manufacturing - Apparel & Accessories company?
The median Graham Number among Manufacturing - Apparel & Accessories companies is 1.05, based on 724 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 Li Cheng Enterprise Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Graham Number is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Li Cheng Enterprise Co's current Graham Number is NT$N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Li Cheng Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Li Cheng Enterprise Co (TPE:4426) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$10.06, compared to a current price of NT$7.81 — trading 22.4% below its estimated fair value. The current Graham Number is NT$N/A. Li Cheng Enterprise Co's overall GF Score™ is 55/100 with 6 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 Li Cheng Enterprise Co (TPE:4426), the current Graham Number is NT$N/A 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 Li Cheng Enterprise Co (TPE:4426) Overvalued in 2026?
Based on GuruFocus' analysis, Li Cheng Enterprise Co stock appears to be undervalued.
The current stock price of NT$7.81 is trading 22.4% below its estimated GF Value™ of NT$10.06.
GuruFocus considers Li Cheng Enterprise Co to be Modestly Undervalued.
Key valuation signals for TPE:4426:
Graham Number: NT$N/A
GF Value™: NT$10.06 vs. price of NT$7.81 (22.4% below fair value)
No single metric tells the full story. See the TPE:4426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Li Cheng Enterprise Co Ltd is mainly engaged in the wholesale and retail of fabrics, garments, and accessories, as well as spinning, weaving, dyeing, and finishing activities. The company operates through a single reporting segment, the knitted fabric dyeing and finishing division, which is mainly engaged in the manufacture and sale of three-layer mesh fabrics. Its product lines include finished fabrics, raw yarn, and other products. Geographically, the company derives maximum revenue from Taiwan, followed by Vietnam, Mainland China, and other countries.
55GF Score
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