Mos Food Services (TSE:8153) Graham Number: 円2,569.02 (As of Mar. 2026) — 135112% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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:8153 Mos Food Services Inc TSE:8153
82 GF Score
Price 円3,940.00
GF Value 円3,965.74
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Mos Food Services Graham Number?

Mos Food Services TSE:8153 +1.16% 82 Graham Number is 円2,569.02 as of Mar. 2026, which is 100% below its 10-year median of 1.90. GuruFocus rates TSE:8153 with a GF Score™ of 82/100 and a GF Value™ of 円3,965.74 (Fairly Valued). The stock has 1 warning sign investors should review. Among 207 Restaurants companies, Mos Food Services ranks better than 50.24% 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 (2026-08-24), the stock price of Mos Food Services is 円3940.00. Mos Food Services's graham number for the quarter that ended in Mar. 2026 was 円2,569.02. Therefore, Mos Food Services's Price to Graham Number ratio for today is 1.66.

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

TSE:8153' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.53   Med: 1.9   Max: 5.88
Current: 1.67

During the past 13 years, the highest Price to Graham Number ratio of Mos Food Services was 5.88. The lowest was 1.53. And the median was 1.90.

TSE:8153's Price-to-Graham-Number is ranked better than
50.24% of 207 companies
in the Restaurants industry
Industry Median: 1.68 vs TSE:8153: 1.67

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


Mos Food Services  (TSE:8153) 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.

Mos Food Services's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=3940.00/2,380.17
=1.66

* 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.


Mos Food Services Graham Number Related Terms


Mos Food Services Graham Number Historical Data

* Premium members only.

The historical data trend for Mos Food Services'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.

Mos Food Services Graham Number Chart

Mos Food Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,718.53 0.00 1,786.03 2,135.82 2,569.01

Mos Food Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,273.79 2,452.87 2,633.94 2,569.02 2,363.69

TSE:8153 vs MCD, SBUX, YUM: Graham Number Comparison

For the Restaurants subindustry, Mos Food Services'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.


Mos Food Services Price-to-Graham-Number vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Mos Food Services's Price-to-Graham-Number distribution charts can be found below:

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


TSE:8153
82GF Score
Mos Food Services Inc TSE:8153
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mos Food Services Graham Number Calculation

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

Mos Food Services's Graham Number for the fiscal year that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*1814.744*161.634)
=2,569.01

Mos Food Services'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*1814.744*138.745)
=2,380.17

* 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2,569.02 mean?
Mos Food Services (TSE:8153) has a Graham Number of 円2,569.02 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Mos Food Services and its competitors. This is 135112% above median its historical median of 1.90. Over the past decade, Mos Food Services' Graham Number has ranged from 1.53 to 5.88. According to the industry distribution chart, Mos Food Services ranks #103 out of 207 companies in the Restaurants industry, placing it in the top 49.8%.
Is Mos Food Services' Graham Number too high?
Mos Food Services' current Graham Number of 円2,569.02 is 135112% above median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 5.88. Based on the distribution chart, Mos Food Services ranks #103 out of 207 companies in the Restaurants industry, which is above the industry midpoint. Overall, Mos Food Services has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mos Food Services' Graham Number compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Mos Food Services ranks #103 out of 207 companies for Graham Number. This puts Mos Food Services in the upper half of its industry. The industry median Graham Number is 1.68. Historically, Mos Food Services' own Graham Number has ranged from 1.53 to 5.88 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 Restaurants company?
The median Graham Number among Restaurants companies is 1.68, based on 207 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 Mos Food Services and its competitors. For the Restaurants industry, the median Graham Number is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mos Food Services's current Graham Number is 円2,569.02, which is 135112% above median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mos Food Services stock overvalued right now?
Based on GuruFocus' analysis, Mos Food Services (TSE:8153) is currently considered Fairly Valued. The stock's GF Value™ is 円3,965.74, compared to a current price of 円3,940.00 — trading 0.6% below its estimated fair value. The current Graham Number is 円2,569.02, which is 135112% above median its 10-year median of 1.90. Mos Food Services' overall GF Score™ is 82/100 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 Mos Food Services (TSE:8153), the current Graham Number is 円2,569.02 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 Mos Food Services (TSE:8153) Overvalued in 2026?

Based on GuruFocus' analysis, Mos Food Services stock appears to be undervalued. The current stock price of 円3,940.00 is trading 0.6% below its estimated GF Value™ of 円3,965.74. GuruFocus considers Mos Food Services to be Fairly Valued.

Key valuation signals for TSE:8153:

  • Graham Number: 円2,569.02 (135112% above median its 10-year median of 1.90)
  • GF Value™: 円3,965.74 vs. price of 円3,940.00 (0.6% below fair value)
  • GF Score™: 82/100 with 1 warning sign

No single metric tells the full story. See the TSE:8153 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mos Food Services Business Description

Address 4F ThinkPark Tower, 2-1-1 Osaki, Shinagawa-ku, Tokyo, JPN, 141-6004
Mos Food Services Inc primarily operates and franchises Mos Burger Japanese fast-food hamburger restaurants. The company has nearly 1,500 Mos Burger restaurants in Japan and more than 300 Mos Burger locations in eight other Asia-Pacific countries, mostly in Taiwan. Mos Burger restaurants generate more than 90% of Mos Food Service's total revenue. The company's remaining revenue stems from its fewer than 100 restaurants operating under other brand names, including Mother Leaf, Mosdo, Green Grill, Chef's V, and AEN.
82GF Score

Get the complete analysis for TSE:8153

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

円3,940.00
Price
円3,965.74
GF Value