Copa (TSE:7689) Graham Number: 円N/A (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
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.

TSE:7689 Copa Corp Inc TSE:7689
47 GF Score
Price 円303.00
GF Value 円423.67
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Copa Graham Number?

Copa TSE:7689 +1.00% 47 Graham Number is 円N/A as of Feb. 2026. GuruFocus rates TSE:7689 with a GF Score™ of 47/100 and a GF Value™ of 円423.67 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 487 Media - Diversified companies, Copa ranks worse than 205338.6% 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 (2026-09-01), the stock price of Copa is 円303.00. Copa's graham number for the quarter that ended in Feb. 2026 was 円N/A. Therefore, Copa's Price to Graham Number ratio for today is N/A.

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

During the past 8 years, the highest Price to Graham Number ratio of Copa was 2.03. The lowest was 2.03. And the median was 2.03.

TSE:7689's Price-to-Graham-Number is not ranked *
in the Media - Diversified industry.
Industry Median: 1.15
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


Copa  (TSE:7689) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Feb. 2026 )
=303.00/N/A
=N/A

* 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.


Copa Graham Number Related Terms


Copa Graham Number Historical Data

* Premium members only.

The historical data trend for Copa'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.

Copa Graham Number Chart

Copa Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Feb23 Feb24 Feb25 Feb26
Graham Number
Get a 7-Day Free Trial 2,061.43 0.00 0.00 0.00 0.00

Copa Quarterly Data
Mar21 Jun21 Sep21 Dec21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.00 0.00 0.00 0.00

TSE:7689 vs APP, OMC, TTD: Graham Number Comparison

For the Advertising Agencies subindustry, Copa'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.


Copa Price-to-Graham-Number vs Media - Diversified Industry

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

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


TSE:7689
47GF Score
Copa Corp Inc TSE:7689
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Copa Graham Number Calculation

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

Copa's Graham Number for the fiscal year that ended in Feb. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*259.039*-91.782)
=N/A

Copa's Graham Number for the quarter that ended in Feb. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*259.039*-67.452)
=N/A

* 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?
Copa (TSE:7689) has a Graham Number of 円N/A as of Feb. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Copa and its competitors. According to the industry distribution chart, Copa ranks #999999 out of 487 companies in the Media - Diversified industry.
Is Copa's Graham Number too high?
Copa's current Graham Number is 円N/A. Based on the distribution chart, Copa ranks #999999 out of 487 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Copa has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Copa's Graham Number compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Copa ranks #999999 out of 487 companies for Graham Number. This places Copa in the lower half of its industry. The industry median Graham Number is 1.15. 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 1.15, 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 Copa and its competitors. For the Media - Diversified industry, the median Graham Number is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Copa'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 Copa stock overvalued right now?
Based on GuruFocus' analysis, Copa (TSE:7689) is currently considered Modestly Undervalued. The stock's GF Value™ is 円423.67, compared to a current price of 円303.00 — trading 28.5% below its estimated fair value. The current Graham Number is 円N/A. Copa's overall GF Score™ is 47/100 with 1 warning sign 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 Copa (TSE:7689), the current Graham Number is 円N/A as of Feb. 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 Copa (TSE:7689) Overvalued in 2026?

Based on GuruFocus' analysis, Copa stock appears to be undervalued. The current stock price of 円303.00 is trading 28.5% below its estimated GF Value™ of 円423.67. GuruFocus considers Copa to be Modestly Undervalued.

Key valuation signals for TSE:7689:

  • Graham Number: 円N/A
  • GF Value™: 円423.67 vs. price of 円303.00 (28.5% below fair value)
  • GF Score™: 47/100 with 1 warning sign

No single metric tells the full story. See the TSE:7689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Copa Business Description

Address 2-23-7 Ebisu Minami, Ebisu Park Hills 6th Floor, Shibuya-ku, Tokyo, JPN, 150-0022
Copa Corp Inc is engaged in demonstration sales and wholesale of products, television mail order appearances, online mail order sales, demonstration sales of school courses and temporary staffing, and sales consulting and sales promotion.
47GF Score

Get the complete analysis for TSE:7689

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

円303.00
Price
円423.67
GF Value