Dafeng TV (TPE:6184) Graham Number: NT$27.13 (As of Jun. 2026)

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:6184 Dafeng TV Ltd TPE:6184
72 GF Score
Price NT$40.30
GF Value NT$49.40
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Dafeng TV Graham Number?

Dafeng TV TPE:6184 72 Graham Number is NT$27.13 as of Jun. 2026. GuruFocus rates TPE:6184 with a GF Score™ of 72/100 and a GF Value™ of NT$49.40 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 487 Media - Diversified companies, Dafeng TV ranks worse than 62.42% 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 (2026-09-04), the stock price of Dafeng TV is NT$40.30. Dafeng TV's graham number for the quarter that ended in Jun. 2026 was NT$27.13. Therefore, Dafeng TV's Price to Graham Number ratio for today is 1.49.

The historical rank and industry rank for Dafeng TV's Graham Number or its related term are showing as below:

TPE:6184' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.34   Med: 1.59   Max: 4.2
Current: 1.49

During the past 13 years, the highest Price to Graham Number ratio of Dafeng TV was 4.20. The lowest was 1.34. And the median was 1.59.

TPE:6184's Price-to-Graham-Number is ranked worse than
62.42% of 487 companies
in the Media - Diversified industry
Industry Median: 1.14 vs TPE:6184: 1.49

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Dafeng TV  (TPE:6184) 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.

Dafeng TV's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=40.30/27.13
=1.49

* 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.


Dafeng TV Graham Number Related Terms


Dafeng TV Graham Number Historical Data

* Premium members only.

The historical data trend for Dafeng TV'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.

Dafeng TV Graham Number Chart

Dafeng TV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.99 31.73 32.67 32.38 28.95

Dafeng TV Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.60 32.61 29.41 26.73 27.13

TPE:6184 vs NFLX, DIS, WBD: Graham Number Comparison

For the Entertainment subindustry, Dafeng TV'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.


Dafeng TV Price-to-Graham-Number vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dafeng TV's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Dafeng TV's Price-to-Graham-Number falls into.


TPE:6184
72GF Score
Dafeng TV Ltd TPE:6184
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dafeng TV Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Dafeng TV's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*16.334*2.28)
=28.95

Dafeng TV's Graham Number for the quarter that ended in Jun. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*15.257*2.144)
=27.13

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of NT$27.13 mean?
Dafeng TV (TPE:6184) has a Graham Number of NT$27.13 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Dafeng TV and its competitors. According to the industry distribution chart, Dafeng TV ranks #304 out of 487 companies in the Media - Diversified industry, placing it in the top 62.4%.
Is Dafeng TV's Graham Number too high?
Dafeng TV's current Graham Number is NT$27.13. Based on the distribution chart, Dafeng TV ranks #304 out of 487 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Dafeng TV has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dafeng TV's Graham Number compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Dafeng TV ranks #304 out of 487 companies for Graham Number. This places Dafeng TV in the lower half of its industry. The industry median Graham Number is 1.14. 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 Media - Diversified company?
The median Graham Number among Media - Diversified companies is 1.14, based on 487 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 Dafeng TV and its competitors. For the Media - Diversified industry, the median Graham Number is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dafeng TV's current Graham Number is NT$27.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dafeng TV stock overvalued right now?
Based on GuruFocus' analysis, Dafeng TV (TPE:6184) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$49.40, compared to a current price of NT$40.30 — trading 18.4% below its estimated fair value. The current Graham Number is NT$27.13. Dafeng TV's overall GF Score™ is 72/100 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 Dafeng TV (TPE:6184), the current Graham Number is NT$27.13 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 Dafeng TV (TPE:6184) Overvalued in 2026?

Based on GuruFocus' analysis, Dafeng TV stock appears to be undervalued. The current stock price of NT$40.30 is trading 18.4% below its estimated GF Value™ of NT$49.40. GuruFocus considers Dafeng TV to be Modestly Undervalued.

Key valuation signals for TPE:6184:

  • Graham Number: NT$27.13
  • GF Value™: NT$49.40 vs. price of NT$40.30 (18.4% below fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the TPE:6184 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dafeng TV Business Description

Address No.207, Section. 2, Zhonghua Road, 5th Floor, Tucheng District, New Taipei, TWN
Dafeng TV Ltd is engaged in cable television system and broadband business. The company's main franchise areas are in Banqiao and Tucheng in New Taipei City. The segments of the company are: cable television segment; broadband services segment; and Others segment. It derives maximum revenue from Cable television segment. Geographically, the company has its presence in Taipei and Kaohsiung.
72GF Score

Get the complete analysis for TPE:6184

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$40.30
Price
NT$49.40
GF Value