Zona Franca de Iquique (XSGO:ZOFRI) Graham Number: CLP744.30 (As of Mar. 2026) — 58048% Above Median

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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.

XSGO:ZOFRI Zona Franca de Iquique SA XSGO:ZOFRI
87 GF Score
Price CLP1,004.80
GF Value CLP954.82
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Zona Franca de Iquique Graham Number?

Zona Franca de Iquique XSGO:ZOFRI 87 Graham Number is CLP744.30 as of Mar. 2026, which is 100% below its 10-year median of 1.28. GuruFocus rates XSGO:ZOFRI with a GF Score™ of 87/100 and a GF Value™ of CLP954.82 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,170 Real Estate companies, Zona Franca de Iquique ranks worse than 76.15% 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 (2026-08-18), the stock price of Zona Franca de Iquique is CLP1004.80. Zona Franca de Iquique's graham number for the quarter that ended in Mar. 2026 was CLP744.30. Therefore, Zona Franca de Iquique's Price to Graham Number ratio for today is 1.35.

The historical rank and industry rank for Zona Franca de Iquique's Graham Number or its related term are showing as below:

XSGO:ZOFRI' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.49   Med: 1.28   Max: 9.22
Current: 1.35

During the past 13 years, the highest Price to Graham Number ratio of Zona Franca de Iquique was 9.22. The lowest was 0.49. And the median was 1.28.

XSGO:ZOFRI's Price-to-Graham-Number is ranked worse than
76.15% of 1170 companies
in the Real Estate industry
Industry Median: 0.74 vs XSGO:ZOFRI: 1.35

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


Zona Franca de Iquique  (XSGO:ZOFRI) 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.

Zona Franca de Iquique's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=1004.80/744.30
=1.35

* 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.


Zona Franca de Iquique Graham Number Related Terms


Zona Franca de Iquique Graham Number Historical Data

* Premium members only.

The historical data trend for Zona Franca de Iquique'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.

Zona Franca de Iquique Graham Number Chart

Zona Franca de Iquique 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 41.54 616.06 660.56 682.54 732.71

Zona Franca de Iquique Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 751.12 790.69 802.13 733.05 744.30

XSGO:ZOFRI vs CBRE, BEKE, JLL: Graham Number Comparison

For the Real Estate Services subindustry, Zona Franca de Iquique'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.


Zona Franca de Iquique Price-to-Graham-Number vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Zona Franca de Iquique's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Zona Franca de Iquique's Price-to-Graham-Number falls into.


XSGO:ZOFRI
87GF Score
Zona Franca de Iquique SA XSGO:ZOFRI
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zona Franca de Iquique Graham Number Calculation

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

Zona Franca de Iquique'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*263.715*90.48)
=732.71

Zona Franca de Iquique's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*286.122*86.052)
=744.30

* 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 CLP744.30 mean?
Zona Franca de Iquique (XSGO:ZOFRI) has a Graham Number of CLP744.30 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Zona Franca de Iquique and its competitors. This is 58048% above median its historical median of 1.28. Over the past decade, Zona Franca de Iquique's Graham Number has ranged from 0.49 to 9.22. According to the industry distribution chart, Zona Franca de Iquique ranks #891 out of 1170 companies in the Real Estate industry, placing it in the top 76.2%.
Is Zona Franca de Iquique's Graham Number too high?
Zona Franca de Iquique's current Graham Number of CLP744.30 is 58048% above median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 9.22. Based on the distribution chart, Zona Franca de Iquique ranks #891 out of 1170 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Zona Franca de Iquique has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zona Franca de Iquique's Graham Number compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Zona Franca de Iquique ranks #891 out of 1170 companies for Graham Number. This places Zona Franca de Iquique in the lower half of its industry. The industry median Graham Number is 0.74. Historically, Zona Franca de Iquique's own Graham Number has ranged from 0.49 to 9.22 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 Real Estate company?
The median Graham Number among Real Estate companies is 0.74, based on 1,170 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 Zona Franca de Iquique and its competitors. For the Real Estate industry, the median Graham Number is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zona Franca de Iquique's current Graham Number is CLP744.30, which is 58048% above median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zona Franca de Iquique stock overvalued right now?
Based on GuruFocus' analysis, Zona Franca de Iquique (XSGO:ZOFRI) is currently considered Fairly Valued. The stock's GF Value™ is CLP954.82, compared to a current price of CLP1,004.80 — trading 5.2% above its estimated fair value. The current Graham Number is CLP744.30, which is 58048% above median its 10-year median of 1.28. Zona Franca de Iquique's overall GF Score™ is 87/100 with 6 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 Zona Franca de Iquique (XSGO:ZOFRI), the current Graham Number is CLP744.30 as of Mar. 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 Zona Franca de Iquique (XSGO:ZOFRI) Overvalued in 2026?

Based on GuruFocus' analysis, Zona Franca de Iquique stock appears to be overvalued. The current stock price of CLP1,004.80 is trading 5.2% above its estimated GF Value™ of CLP954.82. GuruFocus considers Zona Franca de Iquique to be Fairly Valued.

Key valuation signals for XSGO:ZOFRI:

  • Graham Number: CLP744.30 (58048% above median its 10-year median of 1.28)
  • GF Value™: CLP954.82 vs. price of CLP1,004.80 (5.2% above fair value)
  • GF Score™: 87/100 with 6 warning signs

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


Zona Franca de Iquique Business Description

Address Zofri Walled Enclosure, Conventions Building S/N, Iquique, CHL
Zona Franca de Iquique SA operates in the nonresidential building operators sector. Its business includes the administration and exploitation of the Free Trade Zone of Iquique. The company offers the required infrastructure for companies to store, commercialize, and distribute their products in the markets. Its activities are divided into four business units which include Real Estate Management, Shopping Mall, Logistics Center, and Chacalluta Industrial Park. Maximum income for the company is derived from its Real Estate Management business unit which focuses on leasing land for the construction of warehouses and showrooms, both in the area of the Wholesale Sales Business Center (Walled Enclosure) and in the Industrial Business Center (Industrial District).
87GF Score

Get the complete analysis for XSGO:ZOFRI

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

CLP1,004.80
Price
CLP954.82
GF Value