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BOA Acquisition (BOA Acquisition) Graham Number : $7.18 (As of Jun. 2022)


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What is BOA Acquisition 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 (2024-06-05), the stock price of BOA Acquisition is $9.13. BOA Acquisition's graham number for the quarter that ended in Jun. 2022 was $7.18. Therefore, BOA Acquisition's Price to Graham Number ratio for today is 1.27.

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

BOAS's Price-to-Graham-Number is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.79
* 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.


BOA Acquisition Graham Number Historical Data

The historical data trend for BOA Acquisition'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.

BOA Acquisition Graham Number Chart

BOA Acquisition Annual Data
Trend Dec20 Dec21
Graham Number
- 5.80

BOA Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Graham Number Get a 7-Day Free Trial - - - 7.62 7.18

Competitive Comparison of BOA Acquisition's Graham Number

For the Shell Companies subindustry, BOA Acquisition'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.


BOA Acquisition's Price-to-Graham-Number Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, BOA Acquisition's Price-to-Graham-Number distribution charts can be found below:

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



BOA Acquisition Graham Number Calculation

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

BOA Acquisition's Graham Number for the fiscal year that ended in Dec. 2021 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*7.47*0.2)
=5.80

BOA Acquisition's Graham Number for the quarter that ended in Jun. 2022 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*7.643*0.3)
=7.18

* 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.


BOA Acquisition  (NYSE:BOAS) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2022 )
=9.13/7.18
=1.27

* 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.


BOA Acquisition Graham Number Related Terms

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BOA Acquisition (BOA Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2600 Virginia Avenue NW, Suite T23 Management Office, Washington, WA, USA, 20037
BOA Acquisition Corp is a blank check company.
Executives
Shane Battier director 2600 VIRGINIA AVENUE NW, SUITE T23 MANAGEMENT OFFICE, WASHINGTON DC 20037
Scott J Seligman director ONE TOWNE SQUARE, SUITE 1913, SOUTHFIELD MI 48076
Lorron James director 2600 VIRGINIA AVENUE NW, SUITE T23 MANAGEMENT OFFICE, WASHINGTON DC 20037
Anthony Wanger director 2600 VIRGINIA AVENUE NW, SUITE T23 MANAGEMENT OFFICE, WASHINGTON DC 20037
Stephanie Zimmerman officer: Treasurer 2600 VIRGINIA AVENUE NW, SUITE T23 MANAGEMENT OFFICE, WASHINGTON DC 20037
Srikanth Batchu director 2600 VIRGINIA AVENUE NW, SUITE T23 MANAGEMENT OFFICE, WASHINGTON DC 20037
Jenny Abramson director 2600 VIRGINIA AVENUE NW, SUITE T23 MANAGEMENT OFFICE, WASHINGTON DC 20037
Benjamin A. Friedman 10 percent owner, officer: See Remarks 2600 VIRGINIA AVENUE NW, SUITE T23 MANAGEMENT OFFICE, WASHINGTON DC 20037
Brian D Friedman 10 percent owner, officer: Chief Executive Officer & CIO 2600 VIRGINIA AVENUE NW, SUITE T23 MANAGEMENT OFFICE, WASHINGTON DC 20037
Bet On America Llc 10 percent owner 2600 VIRGINIA AVENUE NW, SUITE T23 MANAGEMENT OFFICE, WASHINGTON DC 20037