Electrovac AG (FRA:EVAC) Graham Number: €4.04 (As of Mar. 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.
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:EVAC Electrovac AG FRA:EVAC
25 GF Score
Price €8.41
View Full Analysis

What is Electrovac AG Graham Number?

Electrovac AG FRA:EVAC -0.36% 25 Graham Number is €4.04 as of Mar. 2025. GuruFocus rates FRA:EVAC with a GF Score™ of 25/100. Among 1,649 Hardware companies, Electrovac AG ranks worse than 56.82% 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 (2026-08-27), the stock price of Electrovac AG is €8.41. Electrovac AG's graham number for the quarter that ended in Mar. 2025 was €4.04. Therefore, Electrovac AG's Price to Graham Number ratio for today is 2.08.

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

FRA:EVAC' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.15
Current: 2.08

During the past 4 years, the highest Price to Graham Number ratio of Electrovac AG was 2.15. The lowest was 0.00. And the median was 0.00.

FRA:EVAC's Price-to-Graham-Number is ranked worse than
56.82% of 1649 companies
in the Hardware industry
Industry Median: 1.79 vs FRA:EVAC: 2.08

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


Electrovac AG  (FRA:EVAC) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2025 )
=8.41/4.04
=2.08

* 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.


Electrovac AG Graham Number Related Terms


Electrovac AG Graham Number Historical Data

* Premium members only.

The historical data trend for Electrovac 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.

Electrovac AG Graham Number Chart

Electrovac AG Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Graham Number
2.12 2.78 2.20 4.04

Electrovac AG Semi-Annual Data
Mar22 Mar23 Mar24 Mar25
Graham Number 0.00 2.78 2.20 4.04

FRA:EVAC vs APH, GLW, TEL: Graham Number Comparison

For the Electronic Components subindustry, Electrovac 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.


Electrovac AG Price-to-Graham-Number vs Hardware Industry

For the Hardware industry and Technology sector, Electrovac AG's Price-to-Graham-Number distribution charts can be found below:

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


FRA:EVAC
25GF Score
Electrovac AG FRA:EVAC
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electrovac AG Graham Number Calculation

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

Electrovac AG's Graham Number for the fiscal year that ended in Mar. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*2.131*0.341)
=4.04

Electrovac AG's Graham Number for the quarter that ended in Mar. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*2.131*0.341)
=4.04

* 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 €4.04 mean?
Electrovac AG (FRA:EVAC) has a Graham Number of €4.04 as of Mar. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Electrovac AG and its competitors. According to the industry distribution chart, Electrovac AG ranks #937 out of 1649 companies in the Hardware industry, placing it in the top 56.8%.
Is Electrovac AG's Graham Number too high?
Electrovac AG's current Graham Number is €4.04. Based on the distribution chart, Electrovac AG ranks #937 out of 1649 companies in the Hardware industry, which is below the industry midpoint. Overall, Electrovac AG has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Electrovac AG's Graham Number compare to APH and GLW?
According to the Hardware industry distribution chart, Electrovac AG ranks #937 out of 1649 companies for Graham Number. This places Electrovac AG in the lower half of its industry. The industry median Graham Number is 1.79. 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 Hardware company?
The median Graham Number among Hardware companies is 1.79, based on 1,649 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 Electrovac AG and its competitors. For the Hardware industry, the median Graham Number is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electrovac AG's current Graham Number is €4.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electrovac AG stock overvalued right now?
Electrovac AG (FRA:EVAC) has a current Graham Number of €4.04. The current Graham Number is €4.04. Electrovac AG's overall GF Score™ is 25/100. 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 Electrovac AG (FRA:EVAC), the current Graham Number is €4.04 as of Mar. 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.

Electrovac AG Business Description

Other Exchanges EVAC:Austria
Address Anglstrabe 4, Salzweg, BY, DEU, 94121
Electrovac AG is a long-standing world-wide company. It is one of the manufacturers of hermetic packages, glass-to-metal seals, and other specialized components for the reliable and long-term protection of sensitive electronics. In addition to glass-to-metal sealing technology, its core competencies include the production of stamped parts and glass preforms, surface finishing, and the manufacture of contact elements, turned parts, and milled parts.
25GF Score

Get the complete analysis for FRA:EVAC

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

€8.41
Price