Phoenix Mecano AG (XSWX:PMN) Graham Number: CHF420.95 (As of Dec. 2025) — 42420% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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.

XSWX:PMN Phoenix Mecano AG XSWX:PMN
74 GF Score
Price CHF418.00
GF Value CHF441.76
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Phoenix Mecano AG Graham Number?

Phoenix Mecano AG XSWX:PMN +0.48% 74 Graham Number is CHF420.95 as of Dec. 2025, which is 100% below its 10-year median of 0.99. GuruFocus rates XSWX:PMN with a GF Score™ of 74/100 and a GF Value™ of CHF441.76 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,200 Industrial Products companies, Phoenix Mecano AG ranks better than 76.59% 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 Phoenix Mecano AG is CHF418.00. Phoenix Mecano AG's graham number for the quarter that ended in Dec. 2025 was CHF420.95. Therefore, Phoenix Mecano AG's Price to Graham Number ratio for today is 0.99.

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

XSWX:PMN' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.67   Med: 0.99   Max: 1.52
Current: 0.99

During the past 13 years, the highest Price to Graham Number ratio of Phoenix Mecano AG was 1.52. The lowest was 0.67. And the median was 0.99.

XSWX:PMN's Price-to-Graham-Number is ranked better than
76.59% of 2200 companies
in the Industrial Products industry
Industry Median: 1.76 vs XSWX:PMN: 0.99

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


Phoenix Mecano AG  (XSWX:PMN) 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.

Phoenix Mecano AG's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=418.00/420.95
=0.99

* 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.


Phoenix Mecano AG Graham Number Related Terms


Phoenix Mecano AG Graham Number Historical Data

* Premium members only.

The historical data trend for Phoenix Mecano AG'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.

Phoenix Mecano AG Graham Number Chart

Phoenix Mecano AG 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 453.41 488.40 481.65 492.84 416.42

Phoenix Mecano AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 512.69 487.05 456.65 412.77 420.95

XSWX:PMN vs GEV, ETN, PH: Graham Number Comparison

For the Specialty Industrial Machinery subindustry, Phoenix Mecano AG'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.


Phoenix Mecano AG Price-to-Graham-Number vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Phoenix Mecano AG's Price-to-Graham-Number distribution charts can be found below:

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


XSWX:PMN
74GF Score
Phoenix Mecano AG XSWX:PMN
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Phoenix Mecano AG Graham Number Calculation

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

Phoenix Mecano AG'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*258.2*29.848)
=416.42

Phoenix Mecano AG'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*258.2*30.501)
=420.95

* 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 CHF420.95 mean?
Phoenix Mecano AG (XSWX:PMN) has a Graham Number of CHF420.95 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Phoenix Mecano AG and its competitors. This is 42420% above median its historical median of 0.99. Over the past decade, Phoenix Mecano AG's Graham Number has ranged from 0.67 to 1.52. According to the industry distribution chart, Phoenix Mecano AG ranks #515 out of 2200 companies in the Industrial Products industry, placing it in the top 23.4%.
Is Phoenix Mecano AG's Graham Number too high?
Phoenix Mecano AG's current Graham Number of CHF420.95 is 42420% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 1.52. Based on the distribution chart, Phoenix Mecano AG ranks #515 out of 2200 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Phoenix Mecano AG has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Phoenix Mecano AG's Graham Number compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Phoenix Mecano AG ranks #515 out of 2200 companies for Graham Number. This places Phoenix Mecano AG in the top 23% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.76. Historically, Phoenix Mecano AG's own Graham Number has ranged from 0.67 to 1.52 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 an Industrial Products company?
The median Graham Number among Industrial Products companies is 1.76, based on 2,200 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 Phoenix Mecano AG and its competitors. For the Industrial Products industry, the median Graham Number is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Mecano AG's current Graham Number is CHF420.95, which is 42420% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Mecano AG stock overvalued right now?
Based on GuruFocus' analysis, Phoenix Mecano AG (XSWX:PMN) is currently considered Fairly Valued. The stock's GF Value™ is CHF441.76, compared to a current price of CHF418.00 — trading 5.4% below its estimated fair value. The current Graham Number is CHF420.95, which is 42420% above median its 10-year median of 0.99. Phoenix Mecano AG's overall GF Score™ is 74/100 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 Phoenix Mecano AG (XSWX:PMN), the current Graham Number is CHF420.95 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 Phoenix Mecano AG (XSWX:PMN) Overvalued in 2026?

Based on GuruFocus' analysis, Phoenix Mecano AG stock appears to be undervalued. The current stock price of CHF418.00 is trading 5.4% below its estimated GF Value™ of CHF441.76. GuruFocus considers Phoenix Mecano AG to be Fairly Valued.

Key valuation signals for XSWX:PMN:

  • Graham Number: CHF420.95 (42420% above median its 10-year median of 0.99)
  • GF Value™: CHF441.76 vs. price of CHF418.00 (5.4% below fair value)
  • GF Score™: 74/100 with 2 warning signs

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


Phoenix Mecano AG Business Description

Other Exchanges PMNz:UK0QKP:UKPXM0:Germany
Address Hofwisenstrasse 6, Stein am Rhein, CHE, 8260
Phoenix Mecano AG is a technology company with market shares in international growth markets, manufacturing components and system solutions such as technical enclosures, electronic components, and electrical drives, mechanisms, and control systems for adjustable comfort and healthcare furniture and hospital beds. Its products are used across applications, including mechanical engineering, measurement and control technology, electrical engineering, automotive and railway technology, energy, medical, aerospace, and home and hospital care. The Group operates through three divisions: Enclosure Systems, Industrial Components, and DewertOkin Technology Group. It operates in Switzerland, Germany, the United Kingdom, France, Italy, the Netherlands, and other countries.
74GF Score

Get the complete analysis for XSWX:PMN

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

CHF418.00
Price
CHF441.76
GF Value