Holaluz-Clidom (FRA:4H2) Graham Number: €N/A (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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.

FRA:4H2 Holaluz-Clidom SA FRA:4H2
26 GF Score
Price €0.71
GF Value €0.35
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Holaluz-Clidom Graham Number?

Holaluz-Clidom FRA:4H2 26 Graham Number is €N/A as of Dec. 2025. GuruFocus rates FRA:4H2 with a GF Score™ of 26/100 and a GF Value™ of €0.35 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 278 Utilities - Independent Power Producers companies, Holaluz-Clidom ranks worse than 359711.87% 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 (2026-08-08), the stock price of Holaluz-Clidom is €0.71. Holaluz-Clidom's graham number for the quarter that ended in Dec. 2025 was €N/A. Therefore, Holaluz-Clidom's Price to Graham Number ratio for today is N/A.

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

During the past 7 years, the highest Price to Graham Number ratio of Holaluz-Clidom was 6.16. The lowest was 6.16. And the median was 6.16.

FRA:4H2's Price-to-Graham-Number is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 1.17
* 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.


Holaluz-Clidom  (FRA:4H2) 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.

Holaluz-Clidom's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=0.71/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.


Holaluz-Clidom Graham Number Related Terms


Holaluz-Clidom Graham Number Historical Data

* Premium members only.

The historical data trend for Holaluz-Clidom'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.

Holaluz-Clidom Graham Number Chart

Holaluz-Clidom Annual Data
Trend Sep19 Sep20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Holaluz-Clidom Semi-Annual Data
Mar19 Sep19 Mar20 Sep20 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 0.00 0.00 0.00 0.00 0.00

Holaluz-Clidom Graham Number Competitor Comparison

For the Utilities - Renewable subindustry, Holaluz-Clidom'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.


Holaluz-Clidom Price-to-Graham-Number vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Holaluz-Clidom's Price-to-Graham-Number distribution charts can be found below:

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


FRA:4H2
26GF Score
Holaluz-Clidom SA FRA:4H2
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Holaluz-Clidom Graham Number Calculation

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

Holaluz-Clidom'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*-1.254*-0.626)
=N/A

Holaluz-Clidom'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*-1.254*-0.706)
=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?
Holaluz-Clidom (FRA:4H2) 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 Holaluz-Clidom and its competitors. Over the past decade, Holaluz-Clidom's Graham Number has ranged from 6.16 to 6.16. According to the industry distribution chart, Holaluz-Clidom ranks #999999 out of 278 companies in the Utilities - Independent Power Producers industry.
Is Holaluz-Clidom's Graham Number too high?
Holaluz-Clidom's current Graham Number is €N/A. Over the past 10 years, this metric has ranged from a low of 6.16 to a high of 6.16. Based on the distribution chart, Holaluz-Clidom ranks #999999 out of 278 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Holaluz-Clidom has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Holaluz-Clidom's Graham Number compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Holaluz-Clidom ranks #999999 out of 278 companies for Graham Number. This places Holaluz-Clidom in the lower half of its industry. The industry median Graham Number is 1.17. Historically, Holaluz-Clidom's own Graham Number has ranged from 6.16 to 6.16 over the past decade. 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 an Utilities - Independent Power Producers company?
The median Graham Number among Utilities - Independent Power Producers companies is 1.17, based on 278 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 Holaluz-Clidom and its competitors. For the Utilities - Independent Power Producers industry, the median Graham Number is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Holaluz-Clidom'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 Holaluz-Clidom stock overvalued right now?
Based on GuruFocus' analysis, Holaluz-Clidom (FRA:4H2) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.35, compared to a current price of €0.71 — trading 102.9% above its estimated fair value. The current Graham Number is €N/A. Holaluz-Clidom's overall GF Score™ is 26/100 with 4 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 Holaluz-Clidom (FRA:4H2), 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 Holaluz-Clidom (FRA:4H2) Overvalued in 2026?

Based on GuruFocus' analysis, Holaluz-Clidom stock appears to be overvalued. The current stock price of €0.71 is trading 102.9% above its estimated GF Value™ of €0.35. GuruFocus considers Holaluz-Clidom to be Significantly Overvalued.

Key valuation signals for FRA:4H2:

  • Graham Number: €N/A
  • GF Value™: €0.35 vs. price of €0.71 (102.9% above fair value)
  • GF Score™: 26/100 with 4 warning signs

No single metric tells the full story. See the FRA:4H2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Holaluz-Clidom Business Description

Other Exchanges HLZ:Spain4H2:Germany
Address Passeig de Joan de Borbo, No. 99-101, 7th Floor, Barcelona, ESP, 08039
Holaluz-Clidom SA is a renewable energy company providing green energy. The company's main activity is the commercialization of energy in general. Its Holaluz Cloud is a system that allows surplus energy, i.e. energy produced by customers' solar panels that cannot be consumed at the moment, to be deducted from the electricity bill. Its business segments are; Commercialization (Electricity & Gas), Representation (Electricity), and Solar.
26GF Score

Get the complete analysis for FRA:4H2

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

€0.71
Price
€0.35
GF Value