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MORIO DENKI CoTSE:6647 64 Graham Number is 円7,030.89 as of Mar. 2026. GuruFocus rates TSE:6647 with a GF Score™ of 64/100 and a GF Value™ of 円2,012.12 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,220 Industrial Products companies, MORIO DENKI Co ranks better than 95% 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 (2026-09-05), the stock price of MORIO DENKI Co is 円3370.00. MORIO DENKI Co's graham number for the quarter that ended in Mar. 2026 was 円7,030.89. Therefore, MORIO DENKI Co's Price to Graham Number ratio for today is 0.44.
The historical rank and industry rank for MORIO DENKI Co's Graham Number or its related term are showing as below:
TSE:6647'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.27 Med: 0.56 Max: 1.15
Current: 0.44
During the past 13 years, the highest Price to Graham Number ratio of MORIO DENKI Co was 1.15. The lowest was 0.27. And the median was 0.56.
TSE:6647's Price-to-Graham-Number is ranked better than 95% of 2220
companies
in the Industrial Products industry
Industry Median: 1.74
vs TSE:6647: 0.44
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
MORIO DENKI Co (TSE:6647) 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.
MORIO DENKI Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
3370.00
/
7,606.21
=
0.44
* 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.
MORIO DENKI Co Graham Number Related Terms
MORIO DENKI Co Graham Number Historical Data
* Premium members only.
The historical data trend for MORIO DENKI Co'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.
For the Electrical Equipment & Parts subindustry, MORIO DENKI 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.
MORIO DENKI Co Price-to-Graham-Number vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, MORIO DENKI Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where MORIO DENKI 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.
MORIO DENKI Co (TSE:6647) has a Graham Number of 円7,030.89 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on MORIO DENKI Co and its competitors. According to the industry distribution chart, MORIO DENKI Co ranks #111 out of 2220 companies in the Industrial Products industry, placing it in the top 5%.
Is MORIO DENKI Co's Graham Number too high?
MORIO DENKI Co's current Graham Number is 円7,030.89. Based on the distribution chart, MORIO DENKI Co ranks #111 out of 2220 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, MORIO DENKI Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MORIO DENKI Co's Graham Number compare to VRT and BE?
According to the Industrial Products industry distribution chart, MORIO DENKI Co ranks #111 out of 2220 companies for Graham Number. This places MORIO DENKI Co in the top 5% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.74. 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 1.74, based on 2,220 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 MORIO DENKI Co and its competitors. For the Industrial Products industry, the median Graham Number is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MORIO DENKI Co's current Graham Number is 円7,030.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MORIO DENKI Co stock overvalued right now?
Based on GuruFocus' analysis, MORIO DENKI Co (TSE:6647) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,012.12, compared to a current price of 円3,370.00 — trading 67.5% above its estimated fair value. The current Graham Number is 円7,030.89. MORIO DENKI Co's overall GF Score™ is 64/100 with 5 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 MORIO DENKI Co (TSE:6647), the current Graham Number is 円7,030.89 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 MORIO DENKI Co (TSE:6647) Overvalued in 2026?
Based on GuruFocus' analysis, MORIO DENKI Co stock appears to be overvalued.
The current stock price of 円3,370.00 is trading 67.5% above its estimated GF Value™ of 円2,012.12.
GuruFocus considers MORIO DENKI Co to be Significantly Overvalued.
Key valuation signals for TSE:6647:
Graham Number: 円7,030.89
GF Value™: 円2,012.12 vs. price of 円3,370.00 (67.5% above fair value)
No single metric tells the full story. See the TSE:6647 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MORIO DENKI Co Ltd is an electrical equipment manufacturer. The company supplies various kinds of electric and electronic equipment for public transportation uses, such as rolling stock component parts at the core, traffic information display system, and electric equipment for ships.
64GF Score
Get the complete analysis for TSE:6647
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