GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Infint Acquisition Corp (NYSE:IFIN) » Definitions » Graham Number

Infint Acquisition (Infint Acquisition) Graham Number : $4.38 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Infint Acquisition 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 (2024-06-06), the stock price of Infint Acquisition is $11.53. Infint Acquisition's graham number for the quarter that ended in Mar. 2024 was $4.38. Therefore, Infint Acquisition's Price to Graham Number ratio for today is 2.63.

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

IFIN' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.21   Med: 2.61   Max: 6.46
Current: 2.63

During the past 3 years, the highest Price to Graham Number ratio of Infint Acquisition was 6.46. The lowest was 2.21. And the median was 2.61.

IFIN's Price-to-Graham-Number is ranked worse than
71.1% of 218 companies
in the Diversified Financial Services industry
Industry Median: 1.79 vs IFIN: 2.63

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


Infint Acquisition Graham Number Historical Data

The historical data trend for Infint Acquisition'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.

Infint Acquisition Graham Number Chart

Infint Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Graham Number
- - 4.98

Infint Acquisition Quarterly Data
Apr21 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 1.64 3.89 4.55 5.07 4.38

Competitive Comparison of Infint Acquisition's Graham Number

For the Shell Companies subindustry, Infint Acquisition'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.


Infint Acquisition's Price-to-Graham-Number Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Infint Acquisition's Price-to-Graham-Number distribution charts can be found below:

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



Infint Acquisition Graham Number Calculation

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

Infint Acquisition'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*5.513*0.2)
=4.98

Infint Acquisition'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*4.124*0.207)
=4.38

* 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.


Infint Acquisition  (NYSE:IFIN) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2024 )
=11.53/4.38
=2.63

* 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.


Infint Acquisition Graham Number Related Terms

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


Infint Acquisition (Infint Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
32 Broadway, Suite 401, New York, NY, USA, 10004
Infint Acquisition Corp is a blank check company.
Executives
Wolverine Asset Management Llc 10 percent owner 175 WEST JACKSON, SUITE 340, CHICAGO IL 60604
Taconic Capital Advisors Lp 10 percent owner 280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Frank Brosens 10 percent owner C/O TACONIC CAPITAL ADVISORS LP, 280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Taconic Capital Advisors Uk Llp 10 percent owner 55 GROSVENOR STREET, 4TH FLOOR, LONDON X0 W1K 3HY
Andrey Novikov director 19355 BUSINESS CENTER DRIVE , #9, NORTHRIDG CA 91324
Kevin Chen director 7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564
Sheldon Brickman officer: Chief Financial Officer 1452 EAST 21ST STREET, BROOKLYN NY 11210
Jing Huang director 47 JAMES RD, MT KISCO NY 10549
Michael Moradzadeh director 800 OAK GROVE AVENUE, SUITE 250, MENLO PARK CA 94025
Alexander Edgarov director, 10 percent owner, officer: Chief Executive Officer 32 BROADWAY, SUITE 401, NEW YORK NY 10004
Dave Cameron director 3738 FLORAMAR TERRACE, NEW PORT RICHEY FL 34652
Infint Capital Llc 10 percent owner 32 BROADWAY, SUITE 401, NEW YORK NY 10004
Eric David Weinstein director 7 PINEWOOD CIRCLE, WHITE PLAINS NY 10603