GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Edgewater Wireless Systems Inc (OTCPK:KPIFF) » Definitions » Graham Number

Edgewater Wireless Systems (Edgewater Wireless Systems) Graham Number : $N/A (As of Jan. 2024)


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

What is Edgewater Wireless Systems 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 (2024-05-31), the stock price of Edgewater Wireless Systems is $0.0343. Edgewater Wireless Systems's graham number for the quarter that ended in Jan. 2024 was $N/A. Therefore, Edgewater Wireless Systems's Price to Graham Number ratio for today is N/A.

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

KPIFF's Price-to-Graham-Number is not ranked *
in the Hardware industry.
Industry Median: 1.53
* 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.


Edgewater Wireless Systems Graham Number Historical Data

The historical data trend for Edgewater Wireless Systems'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.

Edgewater Wireless Systems Graham Number Chart

Edgewater Wireless Systems 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 - - - - -

Edgewater Wireless Systems Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - - -

Competitive Comparison of Edgewater Wireless Systems's Graham Number

For the Communication Equipment subindustry, Edgewater Wireless Systems'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.


Edgewater Wireless Systems's Price-to-Graham-Number Distribution in the Hardware Industry

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

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



Edgewater Wireless Systems Graham Number Calculation

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

Edgewater Wireless Systems'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*-0.008*-0.003)
=N/A

Edgewater Wireless Systems's Graham Number for the quarter that ended in Jan. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*-0.008*-0.002)
=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.


Edgewater Wireless Systems  (OTCPK:KPIFF) 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.

Edgewater Wireless Systems's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jan. 2024 )
=0.0343/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.


Edgewater Wireless Systems Graham Number Related Terms

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


Edgewater Wireless Systems (Edgewater Wireless Systems) Business Description

Traded in Other Exchanges
Address
11 Hines Road, Suite 202, Kanata, ON, CAN, K2K 2X1
Edgewater Wireless Systems Inc is engaged in developing and commercializing edge technologies and intellectual property for the communications market. The company is into Spectrum Slicing technology for residential and commercial markets. It develops Wi-Fi silicon solutions, Access Points, and IP licensing designed to meet the high-density and Edgewater wireless partners. The company derives all of its revenues from a single product segment wireless access points and associated peripheral equipment and services.

Edgewater Wireless Systems (Edgewater Wireless Systems) Headlines