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Accrol Group Holdings (LSE:ACRL) Graham Number : £0.21 (As of Oct. 2023)


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What is Accrol Group Holdings 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 (2024-05-05), the stock price of Accrol Group Holdings is £0.386. Accrol Group Holdings's graham number for the quarter that ended in Oct. 2023 was £0.21. Therefore, Accrol Group Holdings's Price to Graham Number ratio for today is 1.87.

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

LSE:ACRL' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.45   Med: 2.14   Max: 4.25
Current: 1.84

During the past 12 years, the highest Price to Graham Number ratio of Accrol Group Holdings was 4.25. The lowest was 1.45. And the median was 2.14.

LSE:ACRL's Price-to-Graham-Number is ranked worse than
68.68% of 1261 companies
in the Consumer Packaged Goods industry
Industry Median: 1.3 vs LSE:ACRL: 1.84

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


Accrol Group Holdings Graham Number Historical Data

The historical data trend for Accrol Group Holdings'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.

Accrol Group Holdings Graham Number Chart

Accrol Group Holdings Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.19 0.22 0.07 0.17

Accrol Group Holdings Semi-Annual Data
Apr13 Apr14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 0.18 0.07 0.12 0.17 0.21

Competitive Comparison of Accrol Group Holdings's Graham Number

For the Household & Personal Products subindustry, Accrol Group Holdings'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.


Accrol Group Holdings's Price-to-Graham-Number Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Accrol Group Holdings's Price-to-Graham-Number distribution charts can be found below:

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



Accrol Group Holdings Graham Number Calculation

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

Accrol Group Holdings's Graham Number for the fiscal year that ended in Apr. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.074*0.018)
=0.17

Accrol Group Holdings's Graham Number for the quarter that ended in Oct. 2023 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.082*0.023)
=0.21

* 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.


Accrol Group Holdings  (LSE:ACRL) 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.

Accrol Group Holdings's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Oct. 2023 )
=0.386/0.21
=1.87

* 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.


Accrol Group Holdings Graham Number Related Terms

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Accrol Group Holdings (LSE:ACRL) Business Description

Traded in Other Exchanges
Address
Roman Road, Delta Building, Blackburn, Lancashire, GBR, BB1 2LD
Accrol Group Holdings PLC manufactures soft tissue products. Its products are away from home, toilet rolls, kitchen towels, and facial tissues. The company supplies its products to retailers in the household sector and national distributors away from the home sector. The firm's production facility is in Lancashire. Its geographical segments are the United Kingdom and Europe. The company derives most of its revenues from the United Kingdom segment. It has developed and promoted brands such as Handy, Mega, Mighty and Thirsty bubbles, Softy, Sofcell, and envirosoft.

Accrol Group Holdings (LSE:ACRL) Headlines