Daisyo (TSE:9979) Graham Number: 円646.38 (As of Feb. 2026) — 36626% Above Median

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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:9979 Daisyo Corp TSE:9979
58 GF Score
Price 円1,122.00
GF Value 円1,297.82
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Daisyo Graham Number?

Daisyo TSE:9979 +1.63% 58 Graham Number is 円646.38 as of Feb. 2026, which is 100% below its 10-year median of 1.76. GuruFocus rates TSE:9979 with a GF Score™ of 58/100 and a GF Value™ of 円1,297.82 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 207 Restaurants companies, Daisyo ranks worse than 55.56% 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 (2026-08-17), the stock price of Daisyo is 円1122.00. Daisyo's graham number for the quarter that ended in Feb. 2026 was 円646.38. Therefore, Daisyo's Price to Graham Number ratio for today is 1.83.

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

TSE:9979' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.53   Med: 1.76   Max: 5.33
Current: 1.81

During the past 13 years, the highest Price to Graham Number ratio of Daisyo was 5.33. The lowest was 0.53. And the median was 1.76.

TSE:9979's Price-to-Graham-Number is ranked worse than
55.56% of 207 companies
in the Restaurants industry
Industry Median: 1.62 vs TSE:9979: 1.81

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


Daisyo  (TSE:9979) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Feb. 2026 )
=1122.00/613.81
=1.83

* 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.


Daisyo Graham Number Related Terms


Daisyo Graham Number Historical Data

* Premium members only.

The historical data trend for Daisyo'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.

Daisyo Graham Number Chart

Daisyo Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 645.02 669.03

Daisyo Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 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 720.56 669.03 644.73 646.38 618.30

TSE:9979 vs MCD, SBUX, YUM: Graham Number Comparison

For the Restaurants subindustry, Daisyo'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.


Daisyo Price-to-Graham-Number vs Restaurants Industry

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

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


TSE:9979
58GF Score
Daisyo Corp TSE:9979
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daisyo Graham Number Calculation

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

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

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*441.363*45.073)
=669.03

Daisyo'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*451.275*37.106)
=613.81

* 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646.38 mean?
Daisyo (TSE:9979) has a Graham Number of 円646.38 as of Feb. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Daisyo and its competitors. This is 36626% above median its historical median of 1.76. Over the past decade, Daisyo's Graham Number has ranged from 0.53 to 5.33. According to the industry distribution chart, Daisyo ranks #115 out of 207 companies in the Restaurants industry, placing it in the top 55.6%.
Is Daisyo's Graham Number too high?
Daisyo's current Graham Number of 円646.38 is 36626% above median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 5.33. Based on the distribution chart, Daisyo ranks #115 out of 207 companies in the Restaurants industry, which is below the industry midpoint. Overall, Daisyo has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Daisyo's Graham Number compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Daisyo ranks #115 out of 207 companies for Graham Number. This places Daisyo in the lower half of its industry. The industry median Graham Number is 1.62. Historically, Daisyo's own Graham Number has ranged from 0.53 to 5.33 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 1.62, 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 Daisyo and its competitors. For the Restaurants industry, the median Graham Number is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daisyo's current Graham Number is 円646.38, which is 36626% above median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daisyo stock overvalued right now?
Based on GuruFocus' analysis, Daisyo (TSE:9979) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,297.82, compared to a current price of 円1,122.00 — trading 13.5% below its estimated fair value. The current Graham Number is 円646.38, which is 36626% above median its 10-year median of 1.76. Daisyo's overall GF Score™ is 58/100 with 4 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 Daisyo (TSE:9979), the current Graham Number is 円646.38 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 Daisyo (TSE:9979) Overvalued in 2026?

Based on GuruFocus' analysis, Daisyo stock appears to be undervalued. The current stock price of 円1,122.00 is trading 13.5% below its estimated GF Value™ of 円1,297.82. GuruFocus considers Daisyo to be Modestly Undervalued.

Key valuation signals for TSE:9979:

  • Graham Number: 円646.38 (36626% above median its 10-year median of 1.76)
  • GF Value™: 円1,297.82 vs. price of 円1,122.00 (13.5% below fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the TSE:9979 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daisyo Business Description

Address 1-1-10, Omori City Building, Omorikita, Ota-ku, Tokyo, JPN, 1430016
Daisyo Corp operates a chain of pubs and Japanese seafood restaurants in japan. It operates in below following segments: Restaurant segment, Wholesale segment, Real estate segment, Franchise segment and Other segment which is involved in the transportation of foodstuff.
58GF Score

Get the complete analysis for TSE:9979

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

円1,122.00
Price
円1,297.82
GF Value