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Aaeon TechnologyTPE:6579 -2.51%78 Graham Number is NT$101.06 as of Mar. 2026, which is 100% below its 10-year median of 1.16. GuruFocus rates TPE:6579 with a GF Score™ of 78/100 and a GF Value™ of NT$154.52 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,617 Hardware companies, Aaeon Technology ranks better than 55.1% 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 (2026-08-07), the stock price of Aaeon Technology is NT$175.00. Aaeon Technology's graham number for the quarter that ended in Mar. 2026 was NT$101.06. Therefore, Aaeon Technology's Price to Graham Number ratio for today is 1.73.
The historical rank and industry rank for Aaeon Technology's Graham Number or its related term are showing as below:
TPE:6579'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.66 Med: 1.16 Max: 2.36
Current: 1.73
During the past 13 years, the highest Price to Graham Number ratio of Aaeon Technology was 2.36. The lowest was 0.66. And the median was 1.16.
TPE:6579's Price-to-Graham-Number is ranked better than 55.1% of 1617
companies
in the Hardware industry
Industry Median: 1.92
vs TPE:6579: 1.73
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Aaeon Technology (TPE:6579) 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.
Aaeon Technology's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
175.00
/
101.06
=
1.73
* 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.
Aaeon Technology Graham Number Related Terms
Aaeon Technology Graham Number Historical Data
* Premium members only.
The historical data trend for Aaeon Technology'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:6579 vs DELL, ANET, SNDK: Graham Number Comparison
For the Computer Hardware subindustry, Aaeon Technology'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.
Aaeon Technology Price-to-Graham-Number vs Hardware Industry
For the Hardware industry and Technology sector, Aaeon Technology's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Aaeon Technology'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.
Aaeon Technology (TPE:6579) has a Graham Number of NT$101.06 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Aaeon Technology and its competitors. This is 8612% above median its historical median of 1.16. Over the past decade, Aaeon Technology's Graham Number has ranged from 0.66 to 2.36. According to the industry distribution chart, Aaeon Technology ranks #726 out of 1617 companies in the Hardware industry, placing it in the top 44.9%.
Is Aaeon Technology's Graham Number too high?
Aaeon Technology's current Graham Number of NT$101.06 is 8612% above median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 2.36. Based on the distribution chart, Aaeon Technology ranks #726 out of 1617 companies in the Hardware industry, which is above the industry midpoint. Overall, Aaeon Technology has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aaeon Technology's Graham Number compare to DELL and ANET?
According to the Hardware industry distribution chart, Aaeon Technology ranks #726 out of 1617 companies for Graham Number. This puts Aaeon Technology in the upper half of its industry. The industry median Graham Number is 1.92. Historically, Aaeon Technology's own Graham Number has ranged from 0.66 to 2.36 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 1.92, based on 1,617 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 Aaeon Technology and its competitors. For the Hardware industry, the median Graham Number is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aaeon Technology's current Graham Number is NT$101.06, which is 8612% above median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aaeon Technology stock overvalued right now?
Based on GuruFocus' analysis, Aaeon Technology (TPE:6579) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$154.52, compared to a current price of NT$175.00 — trading 13.3% above its estimated fair value. The current Graham Number is NT$101.06, which is 8612% above median its 10-year median of 1.16. Aaeon Technology's overall GF Score™ is 78/100 with 8 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 Aaeon Technology (TPE:6579), the current Graham Number is NT$101.06 as of Mar. 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 Aaeon Technology (TPE:6579) Overvalued in 2026?
Based on GuruFocus' analysis, Aaeon Technology stock appears to be overvalued.
The current stock price of NT$175.00 is trading 13.3% above its estimated GF Value™ of NT$154.52.
GuruFocus considers Aaeon Technology to be Modestly Overvalued.
Key valuation signals for TPE:6579:
Graham Number: NT$101.06 (8612% above median its 10-year median of 1.16)
GF Value™: NT$154.52 vs. price of NT$175.00 (13.3% above fair value)
No single metric tells the full story. See the TPE:6579 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aaeon Technology Inc is engaged in the manufacturing, processing and imports and exports of computer peripherals, electronic components, computer test instruments, computer PCB functional testing, and radio telecommunication equipment and its components; the R&D, design, manufacturing, processing and trading of various industrial computers, medical computers, industrial controllers, quantity controllers and components; industrial computer automation design and services, and the import/export of related materials. Geographically, it derives maximum revenue from Taiwan, followed by Europe, USA, China, and other regions.
78GF Score
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