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Marlin Technology (Marlin Technology) Graham Number : $7.80 (As of Sep. 2022)


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What is Marlin Technology 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 (2024-05-31), the stock price of Marlin Technology is $10.14. Marlin Technology's graham number for the quarter that ended in Sep. 2022 was $7.80. Therefore, Marlin Technology's Price to Graham Number ratio for today is 1.30.

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

FINM's Price-to-Graham-Number is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.775
* 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.


Marlin Technology Graham Number Historical Data

The historical data trend for Marlin Technology'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.

Marlin Technology Graham Number Chart

Marlin Technology Annual Data
Trend Dec20 Dec21
Graham Number
- 6.85

Marlin Technology Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Graham Number Get a 7-Day Free Trial Premium Member Only 9.30 9.86 5.39 8.62 7.80

Competitive Comparison of Marlin Technology's Graham Number

For the Shell Companies subindustry, Marlin Technology'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.


Marlin Technology's Price-to-Graham-Number Distribution in the Diversified Financial Services Industry

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

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



Marlin Technology Graham Number Calculation

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

Marlin Technology'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*7.443*0.28)
=6.85

Marlin Technology's Graham Number for the quarter that ended in Sep. 2022 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*7.725*0.35)
=7.80

* 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.


Marlin Technology  (NAS:FINM) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Sep. 2022 )
=10.14/7.80
=1.30

* 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.


Marlin Technology Graham Number Related Terms

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Marlin Technology (Marlin Technology) Business Description

Traded in Other Exchanges
N/A
Address
338 Pier Avenue, Hermosa Beach, CA, USA, 90254
Marlin Technology Corp is a blank check company.
Executives
Donna Sayce Troy director 338 PIER AVENUE, HERMOSA BEACH CA 90254
Robert Youngjohns director C/O CALLIDUS SOFTWARE, 160 WEST SANTA CLARA STREET, SAN JOSE CA 95113
David A Donatelli director 176 SOUTH ST., HOPKINTON MA 01748
Marlin Technology Holdings, Llc 10 percent owner 338 PIER AVENUE, HERMOSA BEACH CA 90254
Nicholas M. Kaiser director, officer: Chief Executive Officer 338 PIER AVENUE, HERMOSA BEACH CA 90254
Peter B. Spasov director 338 PIER AVENUE, HERMOSA BEACH CA 90254
Michael Nutting director, officer: Chief Financial Officer 338 PIER AVENUE, HERMOSA BEACH CA 90254