AVI (AVILF) Graham Number: $1.83 (As of Dec. 2025) — 12% Below Median


AVILF AVI Ltd AVILF
92 GF Score
Price $6.93
GF Value $6.78
! 2 Warning Signs
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What is AVI Graham Number?

AVI AVILF 92 Graham Number is $1.83 as of Dec. 2025, which is 12% below its 10-year median of 2.08. GuruFocus rates AVILF with a GF Score™ of 92/100 and a GF Value™ of $6.78. The stock has 2 warning signs investors should review. Among 1,379 Consumer Packaged Goods companies, AVI ranks worse than 78.61% 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 (2026-07-07), the stock price of AVI is $6.93. AVI's graham number for the quarter that ended in Dec. 2025 was $1.83. Therefore, AVI's Price to Graham Number ratio for today is 3.78.

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

AVILF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.72   Med: 2.08   Max: 2.86
Current: 2.01

During the past 13 years, the highest Price to Graham Number ratio of AVI was 2.86. The lowest was 1.72. And the median was 2.08.

AVILF's Price-to-Graham-Number is ranked worse than
78.61% of 1379 companies
in the Consumer Packaged Goods industry
Industry Median: 1.1 vs AVILF: 2.01

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


AVI  (OTCPK:AVILF) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=6.93/1.83
=3.78

* 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.


AVI Graham Number Related Terms


AVI Graham Number Historical Data

* Premium members only.

The historical data trend for AVI'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.

AVI Graham Number Chart

AVI Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.52 2.36 2.11 2.57 2.60

AVI Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.32 2.56 2.45 2.58 1.83

AVILF vs KHC, GIS, HRL: Graham Number Comparison

For the Packaged Foods subindustry, AVI'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.


AVI Price-to-Graham-Number vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AVI's Price-to-Graham-Number distribution charts can be found below:

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


AVILF
92GF Score
AVI Ltd AVILF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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AVI Graham Number Calculation

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

AVI's Graham Number for the fiscal year that ended in Jun. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.744*0.403)
=2.60

AVI's Graham Number for the quarter that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.844*0.177)
=1.83

* 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 $1.83 mean?
AVI (AVILF) has a Graham Number of $1.83 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on AVI and its competitors. This is 12% below median its historical median of 2.08. Over the past decade, AVI's Graham Number has ranged from 1.72 to 2.86. According to the industry distribution chart, AVI ranks #1084 out of 1379 companies in the Consumer Packaged Goods industry, placing it in the top 78.6%.
Is AVI's Graham Number too high?
AVI's current Graham Number of $1.83 is 12% below median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 2.86. The Consumer Packaged Goods industry median Graham Number is 1.10. AVI's value of $1.83 is 66.4% above this industry median. Based on the distribution chart, AVI ranks #1084 out of 1379 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, AVI has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does AVI's Graham Number compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, AVI ranks #1084 out of 1379 companies for Graham Number. This places AVI in the lower half of its industry. The industry median Graham Number is 1.10. AVI's value of $1.83 is 66.4% above this benchmark. Historically, AVI's own Graham Number has ranged from 1.72 to 2.86 over the past decade. While the company's 10-year median is 2.08 vs. the industry median of 1.10, AVI 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. AVI's current Graham Number of $1.83 is 66.4% 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 AVI 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. AVI's current Graham Number is $1.83, which is 12% below median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVI stock overvalued right now?
AVI (AVILF) has a current Graham Number of $1.83. The stock's GF Value™ is $6.78, compared to a current price of $6.93 — trading 2.2% above its estimated fair value. The current Graham Number is $1.83, which is 12% below median its 10-year median of 2.08 and 66.4% above the Consumer Packaged Goods industry median of 1.10. AVI's overall GF Score™ is 92/100 with 2 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 AVI (AVILF), the current Graham Number is $1.83 as of Dec. 2025. 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 AVI (AVILF) Overvalued in 2026?

Based on GuruFocus' analysis, AVI stock appears to be overvalued. The current stock price of $6.93 is trading 2.2% above its estimated GF Value™ of $6.78.

Key valuation signals for AVILF:

  • Graham Number: $1.83 (12% below median its 10-year median of 2.08)
  • GF Value™: $6.78 vs. price of $6.93 (2.2% above fair value)
  • GF Score™: 92/100 with 2 warning signs
  • Industry Position: 66.4% above the Consumer Packaged Goods median (#1084 of 1379)

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


AVI Business Description

Other Exchanges AVI:South AfricaIZ6:Germany
Address 2 Harries Road, Illovo, Johannesburg, GT, ZAF, 2196
AVI Ltd owns and manages a portfolio of various brands, with various product categories such as hot beverages, biscuits and snacks, frozen food, personal care products, cosmetics, and fashion supplies. These brands share the group's IT, finance, human resources, logistics, marketing, and procurement services. Its reportable segments are: Food and Beverage brands (comprising Entyce Beverages, Snackworks, and I&J), Fashion brands (comprising its Personal Care and Footwear & Apparel brands), and Corporate. The majority of its revenue is generated from the Food and Beverage brands segment, which includes its brands offering tea, coffee, creamer, sweet and savoury biscuits, baked and fried potatoes, maize snacks, seafood, etc. Geographically, it generates maximum revenue from South Africa.
92GF Score

Get the complete analysis for AVILF

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

$6.93
Price
$6.78
GF Value