Iflex Flexible Packaging (XMAD:IFLEX) Graham Number: €1.91 (As of Jun. 2025) — 75% Above Median

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XMAD:IFLEX Iflex Flexible Packaging SA XMAD:IFLEX
19 GF Score
Price €1.67
! 2 Warning Signs
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What is Iflex Flexible Packaging Graham Number?

Iflex Flexible Packaging XMAD:IFLEX 19 Graham Number is €1.91 as of Jun. 2025, which is 100% below its 10-year median of 1.09. GuruFocus rates XMAD:IFLEX with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 291 Packaging & Containers companies, Iflex Flexible Packaging ranks better than 57.73% 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 (2026-07-14), the stock price of Iflex Flexible Packaging is €1.67. Iflex Flexible Packaging's graham number for the quarter that ended in Jun. 2025 was €1.91. Therefore, Iflex Flexible Packaging's Price to Graham Number ratio for today is 0.87.

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

XMAD:IFLEX' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.87   Med: 1.09   Max: 1.16
Current: 0.87

During the past 5 years, the highest Price to Graham Number ratio of Iflex Flexible Packaging was 1.16. The lowest was 0.87. And the median was 1.09.

XMAD:IFLEX's Price-to-Graham-Number is ranked better than
57.73% of 291 companies
in the Packaging & Containers industry
Industry Median: 1.01 vs XMAD:IFLEX: 0.87

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


Iflex Flexible Packaging  (XMAD:IFLEX) 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.

Iflex Flexible Packaging's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2025 )
=1.67/1.91
=0.87

* 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.


Iflex Flexible Packaging Graham Number Related Terms


Iflex Flexible Packaging Graham Number Historical Data

* Premium members only.

The historical data trend for Iflex Flexible Packaging'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.

Iflex Flexible Packaging Graham Number Chart

Iflex Flexible Packaging Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Graham Number
0.42 0.38 0.97 1.44 1.50

Iflex Flexible Packaging Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Graham Number Get a 7-Day Free Trial 0.00 1.43 1.38 1.49 1.91

XMAD:IFLEX vs SW, PKG, IP: Graham Number Comparison

For the Packaging & Containers subindustry, Iflex Flexible Packaging'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.


Iflex Flexible Packaging Price-to-Graham-Number vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Iflex Flexible Packaging's Price-to-Graham-Number distribution charts can be found below:

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


XMAD:IFLEX
19GF Score
Iflex Flexible Packaging SA XMAD:IFLEX
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iflex Flexible Packaging Graham Number Calculation

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

Iflex Flexible Packaging's Graham Number for the fiscal year that ended in Dec. 2024 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.666*0.15)
=1.50

Iflex Flexible Packaging's Graham Number for the quarter that ended in Jun. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*1.564*0.104)
=1.91

* 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 €1.91 mean?
Iflex Flexible Packaging (XMAD:IFLEX) has a Graham Number of €1.91 as of Jun. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Iflex Flexible Packaging and its competitors. This is 75% above median its historical median of 1.09. Over the past decade, Iflex Flexible Packaging's Graham Number has ranged from 0.87 to 1.16. According to the industry distribution chart, Iflex Flexible Packaging ranks #123 out of 291 companies in the Packaging & Containers industry, placing it in the top 42.3%.
Is Iflex Flexible Packaging's Graham Number too high?
Iflex Flexible Packaging's current Graham Number of €1.91 is 75% above median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 1.16. Based on the distribution chart, Iflex Flexible Packaging ranks #123 out of 291 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Iflex Flexible Packaging has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Iflex Flexible Packaging's Graham Number compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Iflex Flexible Packaging ranks #123 out of 291 companies for Graham Number. This puts Iflex Flexible Packaging in the upper half of its industry. The industry median Graham Number is 1.01. Historically, Iflex Flexible Packaging's own Graham Number has ranged from 0.87 to 1.16 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 Packaging & Containers company?
The median Graham Number among Packaging & Containers companies is 1.01, based on 291 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 Iflex Flexible Packaging and its competitors. For the Packaging & Containers industry, the median Graham Number is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iflex Flexible Packaging's current Graham Number is €1.91, which is 75% above median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iflex Flexible Packaging stock overvalued right now?
Iflex Flexible Packaging (XMAD:IFLEX) has a current Graham Number of €1.91. The current Graham Number is €1.91, which is 75% above median its 10-year median of 1.09. Iflex Flexible Packaging's overall GF Score™ is 19/100 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 Iflex Flexible Packaging (XMAD:IFLEX), the current Graham Number is €1.91 as of Jun. 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.

Iflex Flexible Packaging Business Description

Address Poligono Industrial Depal, Ulla, Girona, ESP, CP: 17140
Iflex Flexible Packaging SA is a company engaged in the printing and manufacturing of flexible films for the packaging of all types of products by the gravure process or other printing systems. It prints on a wide range of flexible supports, such as Paper, PET, OPP, OPA, PE, Aluminum, etc.
19GF Score

Get the complete analysis for XMAD:IFLEX

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

€1.67
Price