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EVI Industries (EVI Industries) Graham Number : $5.52 (As of Dec. 2023)


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What is EVI Industries 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 (2024-04-25), the stock price of EVI Industries is $20.30. EVI Industries's graham number for the quarter that ended in Dec. 2023 was $5.52. Therefore, EVI Industries's Price to Graham Number ratio for today is 3.68.

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

EVI' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.32   Med: 9.07   Max: 63.49
Current: 3.68

During the past 13 years, the highest Price to Graham Number ratio of EVI Industries was 63.49. The lowest was 1.32. And the median was 9.07.

EVI's Price-to-Graham-Number is ranked worse than
87.07% of 116 companies
in the Industrial Distribution industry
Industry Median: 0.855 vs EVI: 3.68

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


EVI Industries Graham Number Historical Data

The historical data trend for EVI Industries'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.

EVI Industries Graham Number Chart

EVI Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 1.03 2.05 3.26 6.33

EVI Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.70 5.95 6.33 6.02 5.52

Competitive Comparison of EVI Industries's Graham Number

For the Industrial Distribution subindustry, EVI Industries'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.


EVI Industries's Price-to-Graham-Number Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, EVI Industries's Price-to-Graham-Number distribution charts can be found below:

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



EVI Industries Graham Number Calculation

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

EVI Industries's Graham Number for the fiscal year that ended in Jun. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*2.659*0.67)
=6.33

EVI Industries's Graham Number for the quarter that ended in Dec. 2023 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*2.71*0.5)
=5.52

* 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.


EVI Industries  (AMEX:EVI) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=20.30/5.52
=3.68

* 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.


EVI Industries Graham Number Related Terms

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


EVI Industries (EVI Industries) Business Description

Traded in Other Exchanges
N/A
Address
4500 Biscayne Boulevard, Suite 340, Miami, FL, USA, 33137
EVI Industries Inc through its subsidiaries, is a distributor that sells, leases, and rents commercial, industrial, and vended laundry and dry cleaning equipment and steam and hot water boilers manufactured by others, supplies related replacement parts and accessories, designs and plans turn-key laundry, dry cleaning, and boiler systems, and provides installation and maintenance services to its customers, which include commercial, industrial, institutional, government, and retail customers. These activities are conducted in the United States, Canada, the Caribbean and Latin America.
Executives
Hal M Lucas director 290 NE 68 STREET, MIAMI FL 33138
Thomas Marks officer: EVP, Business Development 2331 TRIPALDI WAY, HAYWARD CA 94545
Henry M Nahmad director, 10 percent owner, officer: Chairman, CEO and President C/O ENVIROSTAR, INC., 290 NE 68 STREET, MIAMI FL 33138
Robert Lazar officer: Chief Financial Officer 770 SOUTH DIXIE HIGHWAY #200, CORAL CABLES FL 33146
David Blyer director
Glen Kruger director 4500 BISCAYNE BOULEVARD, SUITE 340, MIAMI FL 33137
Timothy P Lamacchia director 290 N.E. 68TH STREET, MIAMI FL 33138
Western State Design, Llc 10 percent owner 2331 TRIPALDI WAY, HAYWARD CA 94545
Dennis W. Mack director, 10 percent owner, officer: Executive Vice President 2331 TRIPALDI WAY, HAYWARD CA 94545
Michael S Steiner director, 10 percent owner, officer: President and CEO 290 NE 68 STREET, MIAMI FL 33138
Symmetric Capital Ii Llc 10 percent owner 290 NE 68 STREET, MIAMI FL 33138
Todd Oretsky director 330 SW 2ND STREET, SUITE 209, FORT LAUDERDALE FL 33312
Symmetric Capital Llc 10 percent owner C/O ENVIROSTAR, INC., 290 NE 68 STREET, MIAMI FL 33138
Robert M Steiner 10 percent owner 315 CORNWALL STREET, SAN FRANCISCO CA 94118
Indelicato Venerando director, officer: Treasurer and CFO 12307 MARBLEHEAD DRIVE, TAMPA FL 33626

EVI Industries (EVI Industries) Headlines