Kambi Group (FRA:7KB) Graham Number: €4.61 (As of Mar. 2026) — 11% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:7KB Kambi Group PLC FRA:7KB
83 GF Score
Price €14.38
GF Value €10.69
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Kambi Group Graham Number?

Kambi Group FRA:7KB +5.43% 83 Graham Number is €4.61 as of Mar. 2026, which is 100% below its 10-year median of 4.15. GuruFocus rates FRA:7KB with a GF Score™ of 83/100 and a GF Value™ of €10.69 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 492 Travel & Leisure companies, Kambi Group ranks worse than 86.79% 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 (2026-07-18), the stock price of Kambi Group is €14.38. Kambi Group's graham number for the quarter that ended in Mar. 2026 was €4.61. Therefore, Kambi Group's Price to Graham Number ratio for today is 3.12.

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

FRA:7KB' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.5   Med: 4.15   Max: 7.24
Current: 3.38

During the past 13 years, the highest Price to Graham Number ratio of Kambi Group was 7.24. The lowest was 1.50. And the median was 4.15.

FRA:7KB's Price-to-Graham-Number is ranked worse than
86.79% of 492 companies
in the Travel & Leisure industry
Industry Median: 1.235 vs FRA:7KB: 3.38

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


Kambi Group  (FRA:7KB) 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.

Kambi Group's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=14.38/4.61
=3.12

* 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.


Kambi Group Graham Number Related Terms


Kambi Group Graham Number Historical Data

* Premium members only.

The historical data trend for Kambi Group'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.

Kambi Group Graham Number Chart

Kambi Group 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 9.61 5.48 1.93 5.92 4.19

Kambi Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.43 4.57 4.21 4.19 4.61

FRA:7KB vs FLUT, DKNG, SGHC: Graham Number Comparison

For the Gambling subindustry, Kambi Group'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.


Kambi Group Price-to-Graham-Number vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kambi Group's Price-to-Graham-Number distribution charts can be found below:

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


FRA:7KB
83GF Score
Kambi Group PLC FRA:7KB
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kambi Group Graham Number Calculation

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

Kambi Group'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*2.669*0.293)
=4.19

Kambi Group's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*2.663*0.354)
=4.61

* 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 €4.61 mean?
Kambi Group (FRA:7KB) has a Graham Number of €4.61 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Kambi Group and its competitors. This is 11% above median its historical median of 4.15. Over the past decade, Kambi Group's Graham Number has ranged from 1.50 to 7.24. According to the industry distribution chart, Kambi Group ranks #427 out of 492 companies in the Travel & Leisure industry, placing it in the top 86.8%.
Is Kambi Group's Graham Number too high?
Kambi Group's current Graham Number of €4.61 is 11% above median its 10-year median of 4.15. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 7.24. Based on the distribution chart, Kambi Group ranks #427 out of 492 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Kambi Group has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kambi Group's Graham Number compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Kambi Group ranks #427 out of 492 companies for Graham Number. This places Kambi Group in the lower half of its industry. The industry median Graham Number is 1.24. Historically, Kambi Group's own Graham Number has ranged from 1.50 to 7.24 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 a Travel & Leisure company?
The median Graham Number among Travel & Leisure companies is 1.24, based on 492 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 Kambi Group and its competitors. For the Travel & Leisure industry, the median Graham Number is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kambi Group's current Graham Number is €4.61, which is 11% above median its own 10-year median of 4.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kambi Group stock overvalued right now?
Based on GuruFocus' analysis, Kambi Group (FRA:7KB) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.69, compared to a current price of €14.38 — trading 34.5% above its estimated fair value. The current Graham Number is €4.61, which is 11% above median its 10-year median of 4.15. Kambi Group's overall GF Score™ is 83/100 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 Kambi Group (FRA:7KB), the current Graham Number is €4.61 as of Mar. 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 Kambi Group (FRA:7KB) Overvalued in 2026?

Based on GuruFocus' analysis, Kambi Group stock appears to be overvalued. The current stock price of €14.38 is trading 34.5% above its estimated GF Value™ of €10.69. GuruFocus considers Kambi Group to be Significantly Overvalued.

Key valuation signals for FRA:7KB:

  • Graham Number: €4.61 (11% above median its 10-year median of 4.15)
  • GF Value™: €10.69 vs. price of €14.38 (34.5% above fair value)
  • GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the FRA:7KB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kambi Group Business Description

Other Exchanges KAMBI:Sweden0EAW:UK
Address Avenue 77 Complex, Triq In Negozju, Zone 3, Central Business District, Birkirkara, MLT, 3010
Kambi Group PLC is a Malta-based company engaged in the provision of managed sports betting services. It is a business-to-consumer provider of sports betting services to licensed gaming operators. Its offerings include sportsbook platforms, odds feeds, trading services, bet-building tools, esports-related products, and front-end solutions. The company has offices in the United States, Sweden, the Philippines, Malta, Denmark, Romania, the United Kingdom, and Australia. Geographically, the maximum revenue is generated from the Americas. The majority of revenue is from contracts with customers for sports betting services.
83GF Score

Get the complete analysis for FRA:7KB

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

€14.38
Price
€10.69
GF Value