What is Armanino Foods of Distinction Graham Number?
Armanino Foods of DistinctionAMNF -1.54%72 Graham Number is $4.58 as of Mar. 2026, which is 126% above its 10-year median of 2.03. GuruFocus rates AMNF with a GF Score™ of 72/100 and a GF Value™ of $8.74 (Modestly Overvalued). Among 1,379 Consumer Packaged Goods companies, Armanino Foods of Distinction ranks worse than 81.51% 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.
The historical rank and industry rank for Armanino Foods of Distinction's Graham Number or its related term are showing as below:
AMNF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.46 Med: 2.03 Max: 3.09
Current: 2.24
During the past 13 years, the highest Price to Graham Number ratio of Armanino Foods of Distinction was 3.09. The lowest was 1.46. And the median was 2.03.
AMNF's Price-to-Graham-Number is ranked worse than 81.51% of 1379
companies
in the Consumer Packaged Goods industry
Industry Median: 1.1
vs AMNF: 2.24
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Armanino Foods of Distinction (OTCPK:AMNF) 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.
Armanino Foods of Distinction's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
10.24
/
4.58
=
2.24
* 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.
Armanino Foods of Distinction Graham Number Related Terms
Armanino Foods of Distinction Graham Number Historical Data
* 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.
For the Packaged Foods subindustry, Armanino Foods of Distinction'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.
Armanino Foods of Distinction Price-to-Graham-Number vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Armanino Foods of Distinction's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Armanino Foods of Distinction's Price-to-Graham-Number falls into.
* 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.
Armanino Foods of Distinction (AMNF) has a Graham Number of $4.58 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Armanino Foods of Distinction and its competitors. This is 126% above median its historical median of 2.03. Over the past decade, Armanino Foods of Distinction's Graham Number has ranged from 1.46 to 3.09. According to the industry distribution chart, Armanino Foods of Distinction ranks #1124 out of 1379 companies in the Consumer Packaged Goods industry, placing it in the top 81.5%.
Is Armanino Foods of Distinction's Graham Number too high?
Armanino Foods of Distinction's current Graham Number of $4.58 is 126% above median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 3.09. The Consumer Packaged Goods industry median Graham Number is 1.10. Armanino Foods of Distinction's value of $4.58 is 316.4% above this industry median. Based on the distribution chart, Armanino Foods of Distinction ranks #1124 out of 1379 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Armanino Foods of Distinction has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Armanino Foods of Distinction's Graham Number compare to PRE and BGS?
According to the Consumer Packaged Goods industry distribution chart, Armanino Foods of Distinction ranks #1124 out of 1379 companies for Graham Number. This places Armanino Foods of Distinction in the lower half of its industry. The industry median Graham Number is 1.10. Armanino Foods of Distinction's value of $4.58 is 316.4% above this benchmark. Historically, Armanino Foods of Distinction's own Graham Number has ranged from 1.46 to 3.09 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 1.10, Armanino Foods of Distinction has consistently been above the industry average. 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 Consumer Packaged Goods company?
The median Graham Number among Consumer Packaged Goods companies is 1.10, based on 1,379 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. Armanino Foods of Distinction's current Graham Number of $4.58 is 316.4% above the industry median. 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 Armanino Foods of Distinction and its competitors. For the Consumer Packaged Goods industry, the median Graham Number is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armanino Foods of Distinction's current Graham Number is $4.58, which is 126% above median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armanino Foods of Distinction stock overvalued right now?
Based on GuruFocus' analysis, Armanino Foods of Distinction (AMNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.74, compared to a current price of $10.24 — trading 17.2% above its estimated fair value. The current Graham Number is $4.58, which is 126% above median its 10-year median of 2.03 and 316.4% above the Consumer Packaged Goods industry median of 1.10. Armanino Foods of Distinction's overall GF Score™ is 72/100. 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 Armanino Foods of Distinction (AMNF), the current Graham Number is $4.58 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 Armanino Foods of Distinction (AMNF) Overvalued in 2026?
Based on GuruFocus' analysis, Armanino Foods of Distinction stock appears to be overvalued.
The current stock price of $10.24 is trading 17.2% above its estimated GF Value™ of $8.74.
GuruFocus considers Armanino Foods of Distinction to be Modestly Overvalued.
Key valuation signals for AMNF:
Graham Number: $4.58 (126% above median its 10-year median of 2.03)
GF Value™: $8.74 vs. price of $10.24 (17.2% above fair value)
Industry Position: 316.4% above the Consumer Packaged Goods median (#1124 of 1379)
No single metric tells the full story. See the AMNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Armanino Foods of Distinction Business Description
Armanino Foods of Distinction Inc is engaged in the production and marketing of upscale frozen and refrigerated food products, including pesto and other sauces, stuffed pasta products and cooked meat products. The company's line of frozen products includes a wide variety of sauces, stuffed pastas and pasta sheets, as well as value-added specialty Italian pastas and cooked meat products. It produces a variety of premium, globally-inspired pesto and sauces including Basil Pesto, Roasted Red Bell Pepper Pesto, Southwest Chipotle Pesto, Roasted Garlic Pesto and Chimichurri sauce, all of which are packaged under the Armanino label.
72GF Score
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