FKRAF (Fiskars Oyj) Graham Number: $3.83 (As of Jun. 2026)

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FKRAF Fiskars Oyj FKRAF
68 GF Score
Price $15.76
GF Value $16.94
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Fiskars Oyj Graham Number?

Fiskars Oyj FKRAF 68 Graham Number is $3.83 as of Jun. 2026. GuruFocus rates FKRAF with a GF Score™ of 68/100 and a GF Value™ of $16.94 (Fairly Valued). The stock has 8 warning signs investors should review. Among 282 Furnishings, Fixtures & Appliances companies, Fiskars Oyj ranks worse than 89.72% 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 (2026-08-30), the stock price of Fiskars Oyj is $15.7584. Fiskars Oyj's graham number for the quarter that ended in Jun. 2026 was $3.83. Therefore, Fiskars Oyj's Price to Graham Number ratio for today is 4.11.

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

FKRAF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.8   Med: 2.02   Max: 8.62
Current: 4.28

During the past 13 years, the highest Price to Graham Number ratio of Fiskars Oyj was 8.62. The lowest was 0.80. And the median was 2.02.

FKRAF's Price-to-Graham-Number is ranked worse than
89.72% of 282 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.18 vs FKRAF: 4.28

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


Fiskars Oyj  (OTCPK:FKRAF) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=15.7584/3.83
=4.11

* 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.


Fiskars Oyj Graham Number Related Terms


Fiskars Oyj Graham Number Historical Data

* Premium members only.

The historical data trend for Fiskars Oyj'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.

Fiskars Oyj Graham Number Chart

Fiskars Oyj 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 10.70 11.72 8.65 7.83 5.31

Fiskars Oyj Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.49 4.42 3.45 4.29 3.83

FKRAF vs SN, SGI, MHK: Graham Number Comparison

For the Furnishings, Fixtures & Appliances subindustry, Fiskars Oyj'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.


Fiskars Oyj Price-to-Graham-Number vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fiskars Oyj's Price-to-Graham-Number distribution charts can be found below:

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


FKRAF
68GF Score
Fiskars Oyj FKRAF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fiskars Oyj Graham Number Calculation

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

Fiskars Oyj'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*2.227*0.562)
=5.31

Fiskars Oyj's Graham Number for the quarter that ended in Jun. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*1.267*0.515)
=3.83

* 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 $3.83 mean?
Fiskars Oyj (FKRAF) has a Graham Number of $3.83 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Fiskars Oyj and its competitors. According to the industry distribution chart, Fiskars Oyj ranks #253 out of 282 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 89.7%.
Is Fiskars Oyj's Graham Number too high?
Fiskars Oyj's current Graham Number is $3.83. The Furnishings, Fixtures & Appliances industry median Graham Number is 1.18. Fiskars Oyj's value of $3.83 is 224.6% above this industry median. Based on the distribution chart, Fiskars Oyj ranks #253 out of 282 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Fiskars Oyj has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fiskars Oyj's Graham Number compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Fiskars Oyj ranks #253 out of 282 companies for Graham Number. This places Fiskars Oyj in the lower half of its industry. The industry median Graham Number is 1.18. Fiskars Oyj's value of $3.83 is 224.6% above this benchmark. 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 Furnishings, Fixtures & Appliances company?
The median Graham Number among Furnishings, Fixtures & Appliances companies is 1.18, based on 282 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. Fiskars Oyj's current Graham Number of $3.83 is 224.6% 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 Fiskars Oyj and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Graham Number is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiskars Oyj's current Graham Number is $3.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiskars Oyj stock overvalued right now?
Based on GuruFocus' analysis, Fiskars Oyj (FKRAF) is currently considered Fairly Valued. The stock's GF Value™ is $16.94, compared to a current price of $15.76 — trading 7% below its estimated fair value. The current Graham Number is $3.83 and 224.6% above the Furnishings, Fixtures & Appliances industry median of 1.18. Fiskars Oyj's overall GF Score™ is 68/100 with 8 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 Fiskars Oyj (FKRAF), the current Graham Number is $3.83 as of Jun. 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 Fiskars Oyj (FKRAF) Overvalued in 2026?

Based on GuruFocus' analysis, Fiskars Oyj stock appears to be undervalued. The current stock price of $15.76 is trading 7% below its estimated GF Value™ of $16.94. GuruFocus considers Fiskars Oyj to be Fairly Valued.

Key valuation signals for FKRAF:

  • Graham Number: $3.83
  • GF Value™: $16.94 vs. price of $15.76 (7% below fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 224.6% above the Furnishings, Fixtures & Appliances median (#253 of 282)

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


Fiskars Oyj Business Description

Address Keilaniementie 10, P.O. Box 91, Espoo, FIN, FI-02151
Fiskars Oyj is the home of design-driven brands for indoor and outdoor living. The company is organized into two business areas: Vita and Fiskars. The business area Vita offers premium and luxury products for the tableware, drinkware, jewelry, and interior categories. It comprises brands such as Iittala, Georg Jensen, Royal Copenhagen, Moomin Arabia, and Wedgwood. The business area Fiskars comprises the gardening, watering, and outdoor categories, as well as the scissors, creating, and cooking categories. The brands include Fiskars and Gerber. Fiskars Group's reporting segments are: Vita, Fiskars, and Other. The company's brands are present in more than 100 countries in Asia-Pacific, Europe, and the Americas.
68GF Score

Get the complete analysis for FKRAF

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

$15.76
Price
$16.94
GF Value