Labocanna (WAR:LCN) Graham Number: zł0.25 (As of Dec. 2025) — 100% Below Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

WAR:LCN Labocanna SA WAR:LCN
22 GF Score
Price zł0.22
! 2 Warning Signs
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What is Labocanna Graham Number?

Labocanna WAR:LCN 22 Graham Number is zł0.25 as of Dec. 2025, which is 100% below its 10-year median of 83.22. GuruFocus rates WAR:LCN with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 701 Business Services companies, Labocanna ranks better than 67.19% 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 Labocanna is zł0.216. Labocanna's graham number for the quarter that ended in Dec. 2025 was zł0.25. Therefore, Labocanna's Price to Graham Number ratio for today is 0.88.

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

WAR:LCN' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.74   Med: 83.22   Max: 165.7
Current: 0.86

During the past 13 years, the highest Price to Graham Number ratio of Labocanna was 165.70. The lowest was 0.74. And the median was 83.22.

WAR:LCN's Price-to-Graham-Number is ranked better than
67.19% of 701 companies
in the Business Services industry
Industry Median: 1.17 vs WAR:LCN: 0.86

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


Labocanna  (WAR:LCN) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=0.216/0.25
=0.88

* 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.


Labocanna Graham Number Related Terms


Labocanna Graham Number Historical Data

* Premium members only.

The historical data trend for Labocanna'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.

Labocanna Graham Number Chart

Labocanna Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.25

Labocanna Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.25

WAR:LCN vs CTAS, CPRT, GPN: Graham Number Comparison

For the Specialty Business Services subindustry, Labocanna'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.


Labocanna Price-to-Graham-Number vs Business Services Industry

For the Business Services industry and Industrials sector, Labocanna's Price-to-Graham-Number distribution charts can be found below:

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


WAR:LCN
22GF Score
Labocanna SA WAR:LCN
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Labocanna Graham Number Calculation

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

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

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.268*0.01)
=0.25

Labocanna's Graham Number for the quarter that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.268*0.01)
=0.25

* 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 zł0.25 mean?
Labocanna (WAR:LCN) has a Graham Number of zł0.25 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Labocanna and its competitors. This is 100% below median its historical median of 83.22. Over the past decade, Labocanna's Graham Number has ranged from 0.74 to 165.70. According to the industry distribution chart, Labocanna ranks #230 out of 701 companies in the Business Services industry, placing it in the top 32.8%.
Is Labocanna's Graham Number too high?
Labocanna's current Graham Number of zł0.25 is 100% below median its 10-year median of 83.22. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 165.70. Based on the distribution chart, Labocanna ranks #230 out of 701 companies in the Business Services industry, which is above the industry midpoint. Overall, Labocanna has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Labocanna's Graham Number compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Labocanna ranks #230 out of 701 companies for Graham Number. This puts Labocanna in the upper half of its industry. The industry median Graham Number is 1.17. Historically, Labocanna's own Graham Number has ranged from 0.74 to 165.70 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 Business Services company?
The median Graham Number among Business Services companies is 1.17, based on 701 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 Labocanna and its competitors. For the Business Services industry, the median Graham Number is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Labocanna's current Graham Number is zł0.25, which is 100% below median its own 10-year median of 83.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Labocanna stock overvalued right now?
Labocanna (WAR:LCN) has a current Graham Number of zł0.25. The current Graham Number is zł0.25, which is 100% below median its 10-year median of 83.22. Labocanna's overall GF Score™ is 22/100 with 2 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 Labocanna (WAR:LCN), the current Graham Number is zł0.25 as of Dec. 2025. 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.

Labocanna Business Description

Address Ulica Pianists 2, Warsaw, POL, 02-403
Labocanna SA formerly Foxbuy.com SA is engaged in providing services in supporting call centre activities and developing tools dedicated to increasing the effectiveness of telemarketing activities. Its product includes ZIP, the variable call identification service. The company provides services in Warsaw, Wroclaw, Gdansk, Krakow, boats and Lublin.
22GF Score

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

zł0.22
Price