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Invisio AB (OSTO:IVSO) Graham Number : kr30.10 (As of Mar. 2024)


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What is Invisio AB Graham Number?

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 (2024-05-23), the stock price of Invisio AB is kr247.00. Invisio AB's graham number for the quarter that ended in Mar. 2024 was kr30.10. Therefore, Invisio AB's Price to Graham Number ratio for today is 8.21.

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

OSTO:IVSO' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.56   Med: 6.29   Max: 62.93
Current: 8.21

During the past 13 years, the highest Price to Graham Number ratio of Invisio AB was 62.93. The lowest was 2.56. And the median was 6.29.

OSTO:IVSO's Price-to-Graham-Number is ranked worse than
96.98% of 1589 companies
in the Hardware industry
Industry Median: 1.52 vs OSTO:IVSO: 8.21

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


Invisio AB Graham Number Historical Data

The historical data trend for Invisio AB'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.

* Premium members only.

Invisio AB Graham Number Chart

Invisio AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.15 14.09 5.41 11.57 30.56

Invisio AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.14 25.49 28.73 30.56 30.10

Competitive Comparison of Invisio AB's Graham Number

For the Communication Equipment subindustry, Invisio AB'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.


Invisio AB's Price-to-Graham-Number Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Invisio AB's Price-to-Graham-Number distribution charts can be found below:

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



Invisio AB Graham Number Calculation

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

Invisio AB's Graham Number for the fiscal year that ended in Dec. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*10.614*3.91)
=30.56

Invisio AB's Graham Number for the quarter that ended in Mar. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*11.915*3.38)
=30.10

* 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.


Invisio AB  (OSTO:IVSO) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2024 )
=247.00/30.10
=8.21

* 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.


Invisio AB Graham Number Related Terms

Thank you for viewing the detailed overview of Invisio AB's Graham Number provided by GuruFocus.com. Please click on the following links to see related term pages.


Invisio AB (OSTO:IVSO) Business Description

Traded in Other Exchanges
Address
Stamholmen 157, Hvidovre, DNK, DK-2650
Invisio AB develops and sells advanced communications and hearing protection systems for professional users. The product portfolio includes the control units INVISIO V20, INVISIO V50, and INVISIO V60, with one, two or three connection ports. The company offers headsets, control units, intercom systems, accessories and remote push-to-talk units, and cables. Its customers are in defense and security. The company operates in Sweden, Europe, North America, and the Rest of the world.

Invisio AB (OSTO:IVSO) Headlines

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