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Allbirds (Allbirds) Graham Number : $N/A (As of Mar. 2024)


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What is Allbirds 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 (2024-05-26), the stock price of Allbirds is $0.6286. Allbirds's graham number for the quarter that ended in Mar. 2024 was $N/A. Therefore, Allbirds's Price to Graham Number ratio for today is N/A.

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

BIRD's Price-to-Graham-Number is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.27
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


Allbirds Graham Number Historical Data

The historical data trend for Allbirds'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.

Allbirds Graham Number Chart

Allbirds Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
- - - - -

Allbirds Quarterly Data
Dec19 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 - - - - -

Competitive Comparison of Allbirds's Graham Number

For the Apparel Retail subindustry, Allbirds'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.


Allbirds's Price-to-Graham-Number Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Allbirds's Price-to-Graham-Number distribution charts can be found below:

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



Allbirds Graham Number Calculation

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

Allbirds'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*1.194*-0.767)
=N/A

Allbirds'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*1.028*-0.731)
=N/A

* 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.


Allbirds  (NAS:BIRD) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2024 )
=0.6286/N/A
=N/A

* 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.


Allbirds Graham Number Related Terms

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


Allbirds (Allbirds) Business Description

Traded in Other Exchanges
N/A
Address
730 Montgomery Street, San Francisco, CA, USA, 94111
Allbirds Inc is a lifestyle brand that innovates with naturally derived materials to make footwear and apparel products in a better way, while treading lighter on the planet. Its primary source of revenue is from sales of shoes and apparel products. The majority of the revenue is derived from United States.
Executives
Joseph Vernachio officer: Chief Operating Officer C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Ann Mitchell officer: Chief Financial Officer C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Dan Levitan director, 10 percent owner 505 FIFTH AVE S, STE 600, SEATTLE WA 98104
Michael J Bufano officer: Chief Financial Officer C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Joseph Zwillinger director, 10 percent owner, officer: Co-Chief Executive Officer C/O BIG SKY GROWTH PARTNERS, INC., 1201 WESTERN AVENUE, SUITE 406, SEATTLE WA 98101
Ann Freeman director C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Timothy O. Brown director, 10 percent owner, officer: Co-Chief Executive Officer C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Sachs International Goldman 10 percent owner PLUMTREE COURT, 25 SHOE LANE, LONDON X0 EC4A 4AU
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Maveron Equity Partners V, L.p. 10 percent owner 411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Maveron General Partner V, Llc 10 percent owner 411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Maveron V Entrepreneurs' Fund, L.p. 10 percent owner 411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Mep Associates V, L.p. 10 percent owner 411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Neil Harris Blumenthal director C/O WARBY PARKER INC., 233 SPRING STREET, 6TH FLOOR, NEW YORK NY 10013

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