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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 (2026-07-28), the stock price of HusCompagniet AS is €4.31. HusCompagniet AS's graham number for the quarter that ended in Dec. 2025 was €N/A. Therefore, HusCompagniet AS's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for HusCompagniet AS's Graham Number or its related term are showing as below:
During the past 9 years, the highest Price to Graham Number ratio of HusCompagniet AS was 7.98. The lowest was 7.98. And the median was 7.98.
FRA:HCE's Price-to-Graham-Number is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 0.77 * 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.
HusCompagniet AS (FRA:HCE) 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.
HusCompagniet AS's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
4.31
/
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.
HusCompagniet AS Graham Number Related Terms
HusCompagniet AS Graham Number Historical Data
* Premium members only.
The historical data trend for HusCompagniet AS'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.
FRA:HCE vs DHI, PHM, LEN: Graham Number Comparison
For the Residential Construction subindustry, HusCompagniet AS'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.
HusCompagniet AS Price-to-Graham-Number vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, HusCompagniet AS's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where HusCompagniet AS's Price-to-Graham-Number falls into.
* 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.
HusCompagniet AS (FRA:HCE) 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 HusCompagniet AS and its competitors. Over the past decade, HusCompagniet AS's Graham Number has ranged from 7.98 to 7.98. According to the industry distribution chart, HusCompagniet AS ranks #999999 out of 73 companies in the Homebuilding & Construction industry.
Is HusCompagniet AS's Graham Number too high?
HusCompagniet AS's current Graham Number is €N/A. Over the past 10 years, this metric has ranged from a low of 7.98 to a high of 7.98. Based on the distribution chart, HusCompagniet AS ranks #999999 out of 73 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, HusCompagniet AS has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does HusCompagniet AS's Graham Number compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, HusCompagniet AS ranks #999999 out of 73 companies for Graham Number. This places HusCompagniet AS in the lower half of its industry. The industry median Graham Number is 0.77. Historically, HusCompagniet AS's own Graham Number has ranged from 7.98 to 7.98 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 Homebuilding & Construction company?
The median Graham Number among Homebuilding & Construction companies is 0.77, based on 73 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 HusCompagniet AS and its competitors. For the Homebuilding & Construction industry, the median Graham Number is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HusCompagniet AS'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 HusCompagniet AS stock overvalued right now?
HusCompagniet AS (FRA:HCE) has a current Graham Number of €N/A. The stock's GF Value™ is €6.79, compared to a current price of €4.31 — trading 36.5% below its estimated fair value. The current Graham Number is €N/A. HusCompagniet AS's overall GF Score™ is 64/100 with 5 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 HusCompagniet AS (FRA:HCE), 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 HusCompagniet AS (FRA:HCE) Overvalued in 2026?
Based on GuruFocus' analysis, HusCompagniet AS stock appears to be undervalued.
The current stock price of €4.31 is trading 36.5% below its estimated GF Value™ of €6.79.
Key valuation signals for FRA:HCE:
Graham Number: €N/A
GF Value™: €6.79 vs. price of €4.31 (36.5% below fair value)
No single metric tells the full story. See the FRA:HCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HusCompagniet AS is a house builder in the Nordic region. It is engaged in the construction and sale of single-family houses in Denmark and Sweden. It delivers high-quality single-family houses with great value for money. The company's operating segments include Detached houses in Denmark, Semi-detached and wooden-frame houses in Denmark, and the Wooden segment. It generates maximum revenue from Detached houses in Denmark. The detached houses in the Denmark segment comprise brick houses built on-site and plots. Geographically, it generates the majority of its revenue from Denmark.
64GF Score
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