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Holtek SemiconductorTPE:6202 +1.22%74 Graham Number is NT$21.62 as of Jun. 2026, which is 100% below its 10-year median of 1.69. GuruFocus rates TPE:6202 with a GF Score™ of 74/100 and a GF Value™ of NT$64.47 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 677 Semiconductors companies, Holtek Semiconductor ranks worse than 52.29% 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 (2026-08-20), the stock price of Holtek Semiconductor is NT$58.00. Holtek Semiconductor's graham number for the quarter that ended in Jun. 2026 was NT$21.62. Therefore, Holtek Semiconductor's Price to Graham Number ratio for today is 2.68.
The historical rank and industry rank for Holtek Semiconductor's Graham Number or its related term are showing as below:
TPE:6202'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.19 Med: 1.69 Max: 6.49
Current: 2.68
During the past 13 years, the highest Price to Graham Number ratio of Holtek Semiconductor was 6.49. The lowest was 1.19. And the median was 1.69.
TPE:6202's Price-to-Graham-Number is ranked worse than 52.29% of 677
companies
in the Semiconductors industry
Industry Median: 2.58
vs TPE:6202: 2.68
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Holtek Semiconductor (TPE:6202) 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.
Holtek Semiconductor's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
58.00
/
21.62
=
2.68
* 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.
Holtek Semiconductor Graham Number Related Terms
Holtek Semiconductor Graham Number Historical Data
* Premium members only.
The historical data trend for Holtek Semiconductor'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.
TPE:6202 vs NVDA, AVGO, MU: Graham Number Comparison
For the Semiconductors subindustry, Holtek Semiconductor'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.
Holtek Semiconductor Price-to-Graham-Number vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Holtek Semiconductor's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Holtek Semiconductor'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.
Holtek Semiconductor (TPE:6202) has a Graham Number of NT$21.62 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Holtek Semiconductor and its competitors. This is 1179% above median its historical median of 1.69. Over the past decade, Holtek Semiconductor's Graham Number has ranged from 1.19 to 6.49. According to the industry distribution chart, Holtek Semiconductor ranks #354 out of 677 companies in the Semiconductors industry, placing it in the top 52.3%.
Is Holtek Semiconductor's Graham Number too high?
Holtek Semiconductor's current Graham Number of NT$21.62 is 1179% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 6.49. Based on the distribution chart, Holtek Semiconductor ranks #354 out of 677 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Holtek Semiconductor has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Holtek Semiconductor's Graham Number compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Holtek Semiconductor ranks #354 out of 677 companies for Graham Number. This places Holtek Semiconductor in the lower half of its industry. The industry median Graham Number is 2.58. Historically, Holtek Semiconductor's own Graham Number has ranged from 1.19 to 6.49 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 Semiconductors company?
The median Graham Number among Semiconductors companies is 2.58, based on 677 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 Holtek Semiconductor and its competitors. For the Semiconductors industry, the median Graham Number is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Holtek Semiconductor's current Graham Number is NT$21.62, which is 1179% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Holtek Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Holtek Semiconductor (TPE:6202) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$64.47, compared to a current price of NT$58.00 — trading 10% below its estimated fair value. The current Graham Number is NT$21.62, which is 1179% above median its 10-year median of 1.69. Holtek Semiconductor's overall GF Score™ is 74/100 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 Holtek Semiconductor (TPE:6202), the current Graham Number is NT$21.62 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 Holtek Semiconductor (TPE:6202) Overvalued in 2026?
Based on GuruFocus' analysis, Holtek Semiconductor stock appears to be undervalued.
The current stock price of NT$58.00 is trading 10% below its estimated GF Value™ of NT$64.47.
GuruFocus considers Holtek Semiconductor to be Modestly Undervalued.
Key valuation signals for TPE:6202:
Graham Number: NT$21.62 (1179% above median its 10-year median of 1.69)
GF Value™: NT$64.47 vs. price of NT$58.00 (10% below fair value)
No single metric tells the full story. See the TPE:6202 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Holtek Semiconductor Inc is engaged mainly in the research, development, production, manufacture, and sales of integrated circuits. The company's product range includes general-purpose and special-purpose microcontrollers (MCUs), covering applications such as voice, communication, computer peripherals, home appliances, health measurement, automotive, industrial control, and security monitoring. Geographically, a substantial portion of the company's overall revenue is generated from China, and the rest from Taiwan and other countries.
74GF Score
Get the complete analysis for TPE:6202
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