Fabryki Mebli Forte (WAR:FTE) Graham Number: złN/A (As of Jun. 2026)

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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.

WAR:FTE Fabryki Mebli Forte SA WAR:FTE
69 GF Score
Price zł16.05
GF Value zł25.37
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Fabryki Mebli Forte Graham Number?

Fabryki Mebli Forte WAR:FTE +0.94% 69 Graham Number is złN/A as of Jun. 2026. GuruFocus rates WAR:FTE with a GF Score™ of 69/100 and a GF Value™ of zł25.37 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 282 Furnishings, Fixtures & Appliances companies, Fabryki Mebli Forte ranks worse than 354609.57% 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 Fabryki Mebli Forte is zł16.05. Fabryki Mebli Forte's graham number for the quarter that ended in Jun. 2026 was złN/A. Therefore, Fabryki Mebli Forte's Price to Graham Number ratio for today is N/A.

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

During the past 13 years, the highest Price to Graham Number ratio of Fabryki Mebli Forte was 3.51. The lowest was 0.10. And the median was 0.74.

WAR:FTE's Price-to-Graham-Number is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 1.175
* 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.


Fabryki Mebli Forte  (WAR:FTE) 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.

Fabryki Mebli Forte's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=16.05/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.


Fabryki Mebli Forte Graham Number Related Terms


Fabryki Mebli Forte Graham Number Historical Data

* Premium members only.

The historical data trend for Fabryki Mebli Forte'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.

Fabryki Mebli Forte Graham Number Chart

Fabryki Mebli Forte Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Mar24 Mar25 Mar26
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.34 49.21 0.00 36.28 22.25

Fabryki Mebli Forte Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 47.69 55.16 51.21 27.15 0.00

WAR:FTE vs SN, SGI, MHK: Graham Number Comparison

For the Furnishings, Fixtures & Appliances subindustry, Fabryki Mebli Forte'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.


Fabryki Mebli Forte Price-to-Graham-Number vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fabryki Mebli Forte's Price-to-Graham-Number distribution charts can be found below:

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


WAR:FTE
69GF Score
Fabryki Mebli Forte SA WAR:FTE
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fabryki Mebli Forte Graham Number Calculation

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

Fabryki Mebli Forte'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*35.773*0.615)
=22.25

Fabryki Mebli Forte's Graham Number for the quarter that ended in Jun. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*34.956*-0.607)
=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 złN/A mean?
Fabryki Mebli Forte (WAR:FTE) has a Graham Number of złN/A as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Fabryki Mebli Forte and its competitors. According to the industry distribution chart, Fabryki Mebli Forte ranks #999999 out of 282 companies in the Furnishings, Fixtures & Appliances industry.
Is Fabryki Mebli Forte's Graham Number too high?
Fabryki Mebli Forte's current Graham Number is złN/A. Based on the distribution chart, Fabryki Mebli Forte ranks #999999 out of 282 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Fabryki Mebli Forte has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fabryki Mebli Forte's Graham Number compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Fabryki Mebli Forte ranks #999999 out of 282 companies for Graham Number. This places Fabryki Mebli Forte in the lower half of its industry. The industry median Graham Number is 1.18. 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 Furnishings, Fixtures & Appliances company?
The median Graham Number among Furnishings, Fixtures & Appliances companies is 1.18, based on 282 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 Fabryki Mebli Forte and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Graham Number is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fabryki Mebli Forte's current Graham Number is złN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fabryki Mebli Forte stock overvalued right now?
Based on GuruFocus' analysis, Fabryki Mebli Forte (WAR:FTE) is currently considered Significantly Undervalued. The stock's GF Value™ is zł25.37, compared to a current price of zł16.05 — trading 36.7% below its estimated fair value. The current Graham Number is złN/A. Fabryki Mebli Forte's overall GF Score™ is 69/100 with 3 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 Fabryki Mebli Forte (WAR:FTE), the current Graham Number is złN/A as of Jun. 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 Fabryki Mebli Forte (WAR:FTE) Overvalued in 2026?

Based on GuruFocus' analysis, Fabryki Mebli Forte stock appears to be undervalued. The current stock price of zł16.05 is trading 36.7% below its estimated GF Value™ of zł25.37. GuruFocus considers Fabryki Mebli Forte to be Significantly Undervalued.

Key valuation signals for WAR:FTE:

  • Graham Number: złN/A
  • GF Value™: zł25.37 vs. price of zł16.05 (36.7% below fair value)
  • GF Score™: 69/100 with 3 warning signs

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


Fabryki Mebli Forte Business Description

Other Exchanges 1U7:Germany
Address ul. Biala 1, Ostrow Mazowiecka, POL, 07 - 300
Fabryki Mebli Forte SA is a manufacturer of furniture for self-assembly with a specialization in home, office, and kitchen furniture. Its product offerings include furniture systems for the lounge, dining room, bedroom, living room, sitting room, study, and children's room, as well as wall units, ready-made cabinets that can be put together in different arrangements, as well as customized kitchen projects. It has state-of-the-art manufacturing plants located in Ostrow Mazowiecka, Suwalki, Bialystok, and Hajnowka.
69GF Score

Get the complete analysis for WAR:FTE

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

zł16.05
Price
zł25.37
GF Value