Media Lab SpA (XPAR:MLLAB) Graham Number: €0.81 (As of Dec. 2025) — 72% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

XPAR:MLLAB Media Lab SpA XPAR:MLLAB
81 GF Score
Price €3.20
GF Value €1.74
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Media Lab SpA Graham Number?

Media Lab SpA XPAR:MLLAB 81 Graham Number is €0.81 as of Dec. 2025, which is 100% below its 10-year median of 2.88. GuruFocus rates XPAR:MLLAB with a GF Score™ of 81/100 and a GF Value™ of €1.74 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 369 Healthcare Providers & Services companies, Media Lab SpA ranks worse than 83.2% 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 (2026-07-30), the stock price of Media Lab SpA is €3.20. Media Lab SpA's graham number for the quarter that ended in Dec. 2025 was €0.81. Therefore, Media Lab SpA's Price to Graham Number ratio for today is 3.97.

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

XPAR:MLLAB' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.49   Med: 2.88   Max: 8.49
Current: 3.95

During the past 11 years, the highest Price to Graham Number ratio of Media Lab SpA was 8.49. The lowest was 1.49. And the median was 2.88.

XPAR:MLLAB's Price-to-Graham-Number is ranked worse than
83.2% of 369 companies
in the Healthcare Providers & Services industry
Industry Median: 1.65 vs XPAR:MLLAB: 3.95

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


Media Lab SpA  (XPAR:MLLAB) 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.

Media Lab SpA's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=3.20/0.81
=3.97

* 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.


Media Lab SpA Graham Number Related Terms


Media Lab SpA Graham Number Historical Data

* Premium members only.

The historical data trend for Media Lab SpA'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.

Media Lab SpA Graham Number Chart

Media Lab SpA 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 0.63 0.46 0.60 1.49 0.81

Media Lab SpA Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.63 0.46 0.60 1.49 0.81

XPAR:MLLAB vs VEEV, BTSG, HQY: Graham Number Comparison

For the Health Information Services subindustry, Media Lab SpA'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.


Media Lab SpA Price-to-Graham-Number vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Media Lab SpA's Price-to-Graham-Number distribution charts can be found below:

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


XPAR:MLLAB
81GF Score
Media Lab SpA XPAR:MLLAB
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Media Lab SpA Graham Number Calculation

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

Media Lab SpA'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*0.402*0.072)
=0.81

Media Lab SpA'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*0.402*0.072)
=0.81

* 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 €0.81 mean?
Media Lab SpA (XPAR:MLLAB) has a Graham Number of €0.81 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Media Lab SpA and its competitors. This is 72% below median its historical median of 2.88. Over the past decade, Media Lab SpA's Graham Number has ranged from 1.49 to 8.49. According to the industry distribution chart, Media Lab SpA ranks #307 out of 369 companies in the Healthcare Providers & Services industry, placing it in the top 83.2%.
Is Media Lab SpA's Graham Number too high?
Media Lab SpA's current Graham Number of €0.81 is 72% below median its 10-year median of 2.88. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 8.49. Based on the distribution chart, Media Lab SpA ranks #307 out of 369 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Media Lab SpA has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Media Lab SpA's Graham Number compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Media Lab SpA ranks #307 out of 369 companies for Graham Number. This places Media Lab SpA in the lower half of its industry. The industry median Graham Number is 1.65. Historically, Media Lab SpA's own Graham Number has ranged from 1.49 to 8.49 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 Healthcare Providers & Services company?
The median Graham Number among Healthcare Providers & Services companies is 1.65, based on 369 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 Media Lab SpA and its competitors. For the Healthcare Providers & Services industry, the median Graham Number is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Media Lab SpA's current Graham Number is €0.81, which is 72% below median its own 10-year median of 2.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Media Lab SpA stock overvalued right now?
Based on GuruFocus' analysis, Media Lab SpA (XPAR:MLLAB) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.74, compared to a current price of €3.20 — trading 83.9% above its estimated fair value. The current Graham Number is €0.81, which is 72% below median its 10-year median of 2.88. Media Lab SpA's overall GF Score™ is 81/100 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 Media Lab SpA (XPAR:MLLAB), the current Graham Number is €0.81 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.

Is Media Lab SpA (XPAR:MLLAB) Overvalued in 2026?

Based on GuruFocus' analysis, Media Lab SpA stock appears to be overvalued. The current stock price of €3.20 is trading 83.9% above its estimated GF Value™ of €1.74. GuruFocus considers Media Lab SpA to be Significantly Overvalued.

Key valuation signals for XPAR:MLLAB:

  • Graham Number: €0.81 (72% below median its 10-year median of 2.88)
  • GF Value™: €1.74 vs. price of €3.20 (83.9% above fair value)
  • GF Score™: 81/100 with 2 warning signs

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


Media Lab SpA Business Description

Address Via Trieste, 4, Follo, ITA, 19020
Media Lab SpA provides IT services for the dental sector. It is engaged in the development of software dedicated to the dental market. The company's products include Implant 3D, Guidedesign, Confident among others.
81GF Score

Get the complete analysis for XPAR:MLLAB

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

€3.20
Price
€1.74
GF Value