DFRYF (Avolta AG) Graham Number: $N/A (As of Dec. 2025)


DFRYF Avolta AG DFRYF
76 GF Score
Price $63.14
GF Value $45.09
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Avolta AG Graham Number?

Avolta AG DFRYF 76 Graham Number is $N/A as of Dec. 2025. GuruFocus rates DFRYF with a GF Score™ of 76/100 and a GF Value™ of $45.09 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 751 Retail - Cyclical companies, Avolta AG ranks worse than 133155.66% 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 (2026-07-02), the stock price of Avolta AG is $63.14. Avolta AG's graham number for the quarter that ended in Dec. 2025 was $N/A. Therefore, Avolta AG's Price to Graham Number ratio for today is N/A.

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

DFRYF's Price-to-Graham-Number is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.23
* 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.


Avolta AG  (OTCPK:DFRYF) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=63.14/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.


Avolta AG Graham Number Related Terms


Avolta AG Graham Number Historical Data

* Premium members only.

The historical data trend for Avolta AG'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.

Avolta AG Graham Number Chart

Avolta AG 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 0.00 0.00 0.00 0.00 0.00

Avolta AG 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 0.00 0.00 0.00 0.00 0.00

DFRYF vs CASY, WSM, DKS: Graham Number Comparison

For the Specialty Retail subindustry, Avolta AG'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.


Avolta AG Price-to-Graham-Number vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Avolta AG's Price-to-Graham-Number distribution charts can be found below:

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


DFRYF
76GF Score
Avolta AG DFRYF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avolta AG Graham Number Calculation

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

Avolta AG'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*-23.535*4.279)
=N/A

Avolta AG'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*-23.535*4.24)
=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?
Avolta AG (DFRYF) has a Graham Number of $N/A as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Avolta AG and its competitors. According to the industry distribution chart, Avolta AG ranks #999999 out of 751 companies in the Retail - Cyclical industry.
Is Avolta AG's Graham Number too high?
Avolta AG's current Graham Number is $N/A. Based on the distribution chart, Avolta AG ranks #999999 out of 751 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Avolta AG has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avolta AG's Graham Number compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Avolta AG ranks #999999 out of 751 companies for Graham Number. This places Avolta AG in the lower half of its industry. The industry median Graham Number is 1.23. 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 Retail - Cyclical company?
The median Graham Number among Retail - Cyclical companies is 1.23, based on 751 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 Avolta AG and its competitors. For the Retail - Cyclical industry, the median Graham Number is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avolta AG'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 Avolta AG stock overvalued right now?
Based on GuruFocus' analysis, Avolta AG (DFRYF) is currently considered Significantly Overvalued. The stock's GF Value™ is $45.09, compared to a current price of $63.14 — trading 40% above its estimated fair value. The current Graham Number is $N/A. Avolta AG's overall GF Score™ is 76/100 with 7 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 Avolta AG (DFRYF), the current Graham Number is $N/A 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 Avolta AG (DFRYF) Overvalued in 2026?

Based on GuruFocus' analysis, Avolta AG stock appears to be overvalued. The current stock price of $63.14 is trading 40% above its estimated GF Value™ of $45.09. GuruFocus considers Avolta AG to be Significantly Overvalued.

Key valuation signals for DFRYF:

  • Graham Number: $N/A
  • GF Value™: $45.09 vs. price of $63.14 (40% above fair value)
  • GF Score™: 76/100 with 7 warning signs

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


Avolta AG Business Description

Address Brunngasslein 12, Basel, CHE, 4010
Avolta is the world's largest duty-free shop operator and leader in travel retail. Airports make up over 80% of the company's total revenue. Following the acquisition of Autogrill in 2023, Avolta now offers a full range of services across travel hubs, including duty-paid and duty-free retail, convenience, and food and beverage operations. The company's main markets are Europe and the Americas, while Asia contributed around 4% of total sales in 2024.
76GF Score

Get the complete analysis for DFRYF

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

$63.14
Price
$45.09
GF Value