ADM Hamburg AG (FRA:OEL) Graham Number: €43.41 (As of Dec. 2025)

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FRA:OEL ADM Hamburg AG FRA:OEL
62 GF Score
Price €228.00
GF Value €175.76
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is ADM Hamburg AG Graham Number?

ADM Hamburg AG FRA:OEL 62 Graham Number is €43.41 as of Dec. 2025. GuruFocus rates FRA:OEL with a GF Score™ of 62/100 and a GF Value™ of €175.76 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,391 Consumer Packaged Goods companies, ADM Hamburg AG ranks worse than 95.54% 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 (2026-08-25), the stock price of ADM Hamburg AG is €228.00. ADM Hamburg AG's graham number for the quarter that ended in Dec. 2025 was €43.41. Therefore, ADM Hamburg AG's Price to Graham Number ratio for today is 5.25.

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

FRA:OEL' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.94   Med: 7.08   Max: 26.03
Current: 5.44

During the past 13 years, the highest Price to Graham Number ratio of ADM Hamburg AG was 26.03. The lowest was 2.94. And the median was 7.08.

FRA:OEL's Price-to-Graham-Number is ranked worse than
95.54% of 1391 companies
in the Consumer Packaged Goods industry
Industry Median: 1.13 vs FRA:OEL: 5.44

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


ADM Hamburg AG  (FRA:OEL) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=228.00/43.41
=5.25

* 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.


ADM Hamburg AG Graham Number Related Terms


ADM Hamburg AG Graham Number Historical Data

* Premium members only.

The historical data trend for ADM Hamburg 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.

ADM Hamburg AG Graham Number Chart

ADM Hamburg AG 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 0.00 0.00 10.91 22.70 43.41

ADM Hamburg AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.98 0.00 22.67 95.65 43.41

FRA:OEL vs KHC, GIS, HRL: Graham Number Comparison

For the Packaged Foods subindustry, ADM Hamburg 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.


ADM Hamburg AG Price-to-Graham-Number vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, ADM Hamburg AG's Price-to-Graham-Number distribution charts can be found below:

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


FRA:OEL
62GF Score
ADM Hamburg AG FRA:OEL
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ADM Hamburg AG Graham Number Calculation

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

ADM Hamburg AG'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*68.327*1.226)
=43.41

ADM Hamburg AG'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*68.327*1.226)
=43.41

* 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 €43.41 mean?
ADM Hamburg AG (FRA:OEL) has a Graham Number of €43.41 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on ADM Hamburg AG and its competitors. According to the industry distribution chart, ADM Hamburg AG ranks #1329 out of 1391 companies in the Consumer Packaged Goods industry, placing it in the top 95.5%.
Is ADM Hamburg AG's Graham Number too high?
ADM Hamburg AG's current Graham Number is €43.41. Based on the distribution chart, ADM Hamburg AG ranks #1329 out of 1391 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, ADM Hamburg AG has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ADM Hamburg AG's Graham Number compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, ADM Hamburg AG ranks #1329 out of 1391 companies for Graham Number. This places ADM Hamburg AG in the lower half of its industry. The industry median Graham Number is 1.13. 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 Consumer Packaged Goods company?
The median Graham Number among Consumer Packaged Goods companies is 1.13, based on 1,391 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 ADM Hamburg AG and its competitors. For the Consumer Packaged Goods industry, the median Graham Number is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ADM Hamburg AG's current Graham Number is €43.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADM Hamburg AG stock overvalued right now?
Based on GuruFocus' analysis, ADM Hamburg AG (FRA:OEL) is currently considered Modestly Overvalued. The stock's GF Value™ is €175.76, compared to a current price of €228.00 — trading 29.7% above its estimated fair value. The current Graham Number is €43.41. ADM Hamburg AG's overall GF Score™ is 62/100 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 ADM Hamburg AG (FRA:OEL), the current Graham Number is €43.41 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 ADM Hamburg AG (FRA:OEL) Overvalued in 2026?

Based on GuruFocus' analysis, ADM Hamburg AG stock appears to be overvalued. The current stock price of €228.00 is trading 29.7% above its estimated GF Value™ of €175.76. GuruFocus considers ADM Hamburg AG to be Modestly Overvalued.

Key valuation signals for FRA:OEL:

  • Graham Number: €43.41
  • GF Value™: €175.76 vs. price of €228.00 (29.7% above fair value)
  • GF Score™: 62/100 with 5 warning signs

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


ADM Hamburg AG Business Description

Other Exchanges OEL:Germany
Address Nippoldstrasse 117, Hamburg, DEU, D-21107
ADM Hamburg AG is involved in processing a variety of food products and oils. It processes oil seeds and fruits, extracts soy lecithins and produces animal feeds & soy protein products. It has several subsidiaries & affiliates in Germany, as Denmark, US.
62GF Score

Get the complete analysis for FRA:OEL

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

€228.00
Price
€175.76
GF Value