ACKAY (Arcelik AS) Graham Number: $N/A (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ACKAY Arcelik AS ACKAY
75 GF Score
Price $10.66
GF Value $7.49
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Arcelik AS Graham Number?

Arcelik AS ACKAY 75 Graham Number is $N/A as of Mar. 2026. GuruFocus rates ACKAY with a GF Score™ of 75/100 and a GF Value™ of $7.49 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 284 Furnishings, Fixtures & Appliances companies, Arcelik AS ranks worse than 352112.32% on this metric.

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 (2026-07-25), the stock price of Arcelik AS is $10.655. Arcelik AS's graham number for the quarter that ended in Mar. 2026 was $N/A. Therefore, Arcelik AS's Price to Graham Number ratio for today is N/A.

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

During the past 13 years, the highest Price to Graham Number ratio of Arcelik AS was 6.40. The lowest was 0.67. And the median was 1.35.

ACKAY's Price-to-Graham-Number is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 1.06
* 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.


Arcelik AS  (OTCPK:ACKAY) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=10.655/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.


Arcelik AS Graham Number Related Terms


Arcelik AS Graham Number Historical Data

* Premium members only.

The historical data trend for Arcelik AS'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.

Arcelik AS Graham Number Chart

Arcelik AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.69 20.79 33.67 4.93 0.00

Arcelik AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

ACKAY vs SN, SGI, MHK: Graham Number Comparison

For the Furnishings, Fixtures & Appliances subindustry, Arcelik AS'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.


Arcelik AS Price-to-Graham-Number vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Arcelik AS's Price-to-Graham-Number distribution charts can be found below:

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


ACKAY
75GF Score
Arcelik AS ACKAY
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arcelik AS Graham Number Calculation

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

Arcelik AS's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*1.665*-1.586)
=N/A

Arcelik AS's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*1.493*-1.66)
=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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of $N/A mean?
Arcelik AS (ACKAY) has a Graham Number of $N/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Arcelik AS and its competitors. Over the past decade, Arcelik AS's Graham Number has ranged from 0.67 to 6.40. According to the industry distribution chart, Arcelik AS ranks #999999 out of 284 companies in the Furnishings, Fixtures & Appliances industry.
Is Arcelik AS's Graham Number too high?
Arcelik AS's current Graham Number is $N/A. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 6.40. Based on the distribution chart, Arcelik AS ranks #999999 out of 284 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Arcelik AS has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arcelik AS's Graham Number compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Arcelik AS ranks #999999 out of 284 companies for Graham Number. This places Arcelik AS in the lower half of its industry. The industry median Graham Number is 1.06. Historically, Arcelik AS's own Graham Number has ranged from 0.67 to 6.40 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Furnishings, Fixtures & Appliances company?
The median Graham Number among Furnishings, Fixtures & Appliances companies is 1.06, based on 284 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Arcelik AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Graham Number is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arcelik AS's current Graham Number is $N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arcelik AS stock overvalued right now?
Based on GuruFocus' analysis, Arcelik AS (ACKAY) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.49, compared to a current price of $10.66 — trading 42.3% above its estimated fair value. The current Graham Number is $N/A. Arcelik AS's overall GF Score™ is 75/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Arcelik AS (ACKAY), the current Graham Number is $N/A as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Arcelik AS (ACKAY) Overvalued in 2026?

Based on GuruFocus' analysis, Arcelik AS stock appears to be overvalued. The current stock price of $10.66 is trading 42.3% above its estimated GF Value™ of $7.49. GuruFocus considers Arcelik AS to be Significantly Overvalued.

Key valuation signals for ACKAY:

  • Graham Number: $N/A
  • GF Value™: $7.49 vs. price of $10.66 (42.3% above fair value)
  • GF Score™: 75/100 with 8 warning signs

No single metric tells the full story. See the ACKAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arcelik AS Business Description

Other Exchanges ARCLK:TurkeyRCAA:Germany
Address Karaagac Caddesi No 2-6, Sutluce, Beyoglu, Istanbul, TUR, 34445
Arcelik AS is a Turkey-based company that is principally engaged in manufacturing household appliances. Its products consist of consumer durable goods, consumer electronics, kitchen accessories, and small home appliances. It provides after-sale services as well. It supplies products and services under the brands of Altus, Arctic, Arcelik, Beko, Blomberg, Dawlance, Defy, Elektrabregenz, Flavel, Grundig, Leisure, and VoltasBeko among others. The company's reportable segments are White goods and Consumer Electronics. The majority of its revenue is derived from the White goods segment which comprises washing machines, dryers, dishwashers, refrigerators, ovens, cookers, and the services provided for these products. Geographically, key revenue for the company is generated from Europe.
75GF Score

Get the complete analysis for ACKAY

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.66
Price
$7.49
GF Value