Tecnisco (TSE:2962) Graham Number: 円N/A (As of Mar. 2026)

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Vera Yuan
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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
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.

TSE:2962 Tecnisco Ltd TSE:2962
37 GF Score
Price 円1,524.00
GF Value 円304.36
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Tecnisco Graham Number?

Tecnisco TSE:2962 -4.75% 37 Graham Number is 円N/A as of Mar. 2026. GuruFocus rates TSE:2962 with a GF Score™ of 37/100 and a GF Value™ of 円304.36 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,238 Industrial Products companies, Tecnisco ranks worse than 99.37% 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 (2026-09-02), the stock price of Tecnisco is 円1524.00. Tecnisco's graham number for the quarter that ended in Mar. 2026 was 円N/A. Therefore, Tecnisco's Price to Graham Number ratio for today is 29.75.

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

TSE:2962' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.62   Med: 1.62   Max: 32.02
Current: 27.82

During the past 6 years, the highest Price to Graham Number ratio of Tecnisco was 32.02. The lowest was 1.62. And the median was 1.62.

TSE:2962's Price-to-Graham-Number is ranked worse than
99.37% of 2238 companies
in the Industrial Products industry
Industry Median: 1.77 vs TSE:2962: 27.82

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


Tecnisco  (TSE:2962) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=1524.00/51.23
=29.75

* 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.


Tecnisco Graham Number Related Terms


Tecnisco Graham Number Historical Data

* Premium members only.

The historical data trend for Tecnisco'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.

Tecnisco Graham Number Chart

Tecnisco Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Graham Number
Get a 7-Day Free Trial 990.93 572.37 0.00 0.00 55.70

Tecnisco Quarterly Data
Jun21 Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.00 0.00 0.00 0.00 54.78

TSE:2962 vs ATI, CRS, MLI: Graham Number Comparison

For the Metal Fabrication subindustry, Tecnisco'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.


Tecnisco Price-to-Graham-Number vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tecnisco's Price-to-Graham-Number distribution charts can be found below:

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


TSE:2962
37GF Score
Tecnisco Ltd TSE:2962
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tecnisco Graham Number Calculation

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

Tecnisco's Graham Number for the fiscal year that ended in Jun. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*136.773*-174.949)
=N/A

Tecnisco's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*132.684*0.879)
=51.23

* 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 円N/A mean?
Tecnisco (TSE:2962) has a Graham Number of 円N/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Tecnisco and its competitors. According to the industry distribution chart, Tecnisco ranks #2224 out of 2238 companies in the Industrial Products industry, placing it in the top 99.4%.
Is Tecnisco's Graham Number too high?
Tecnisco's current Graham Number is 円N/A. Based on the distribution chart, Tecnisco ranks #2224 out of 2238 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Tecnisco has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tecnisco's Graham Number compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Tecnisco ranks #2224 out of 2238 companies for Graham Number. This places Tecnisco in the lower half of its industry. The industry median Graham Number is 1.77. 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 an Industrial Products company?
The median Graham Number among Industrial Products companies is 1.77, based on 2,238 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 Tecnisco and its competitors. For the Industrial Products 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. Tecnisco's current Graham Number is 円N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecnisco stock overvalued right now?
Based on GuruFocus' analysis, Tecnisco (TSE:2962) is currently considered Significantly Overvalued. The stock's GF Value™ is 円304.36, compared to a current price of 円1,524.00 — trading 400.7% above its estimated fair value. The current Graham Number is 円N/A. Tecnisco's overall GF Score™ is 37/100 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 Tecnisco (TSE:2962), the current Graham Number is 円N/A 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 Tecnisco (TSE:2962) Overvalued in 2026?

Based on GuruFocus' analysis, Tecnisco stock appears to be overvalued. The current stock price of 円1,524.00 is trading 400.7% above its estimated GF Value™ of 円304.36. GuruFocus considers Tecnisco to be Significantly Overvalued.

Key valuation signals for TSE:2962:

  • Graham Number: 円N/A
  • GF Value™: 円304.36 vs. price of 円1,524.00 (400.7% above fair value)
  • GF Score™: 37/100 with 8 warning signs

No single metric tells the full story. See the TSE:2962 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tecnisco Business Description

Address 2-2-15, Minami-Shinagawa, Shinagawa-ku, Tokyo, JPN, 140-0004
Tecnisco Ltd is engaged in the Precision products business. It manufactures and sells Metal Products, Glass Products, and Drilling tool Products. Its products include Heatsinks, a Display device for projectors and mobile, Single core drills, Double core drills, and silicon products. The company uses Cross-edge technology for its operations.
37GF Score

Get the complete analysis for TSE:2962

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

円1,524.00
Price
円304.36
GF Value