GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Greenidge Generation Holdings Inc. (NAS:GREE) » Definitions » Graham Number

Greenidge Generation Holdings (Greenidge Generation Holdings) Graham Number : $N/A (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Greenidge Generation Holdings Graham Number?

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 (2024-05-01), the stock price of Greenidge Generation Holdings is $2.79. Greenidge Generation Holdings's graham number for the quarter that ended in Dec. 2023 was $N/A. Therefore, Greenidge Generation Holdings's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Greenidge Generation Holdings's Graham Number or its related term are showing as below:

During the past 5 years, the highest Price to Graham Number ratio of Greenidge Generation Holdings was 0.63. The lowest was 0.63. And the median was 0.63.

GREE's Price-to-Graham-Number is not ranked *
in the Capital Markets industry.
Industry Median: 1.18
* 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.


Greenidge Generation Holdings Graham Number Historical Data

The historical data trend for Greenidge Generation Holdings'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.

* Premium members only.

Greenidge Generation Holdings Graham Number Chart

Greenidge Generation Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
- - 252.93 - -

Greenidge Generation Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Greenidge Generation Holdings's Graham Number

For the Capital Markets subindustry, Greenidge Generation Holdings'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.


Greenidge Generation Holdings's Price-to-Graham-Number Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Greenidge Generation Holdings's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Greenidge Generation Holdings's Price-to-Graham-Number falls into.



Greenidge Generation Holdings Graham Number Calculation

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

Greenidge Generation Holdings's Graham Number for the fiscal year that ended in Dec. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*-5.588*-5.323)
=N/A

Greenidge Generation Holdings's Graham Number for the quarter that ended in Dec. 2023 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*-5.588*-5.216)
=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.


Greenidge Generation Holdings  (NAS:GREE) 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.

Greenidge Generation Holdings's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=2.79/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.


Greenidge Generation Holdings Graham Number Related Terms

Thank you for viewing the detailed overview of Greenidge Generation Holdings's Graham Number provided by GuruFocus.com. Please click on the following links to see related term pages.


Greenidge Generation Holdings (Greenidge Generation Holdings) Business Description

Traded in Other Exchanges
N/A
Address
135 Rennell Drive, 3rd Floor, Fairfield, CT, USA, 06890
Greenidge Generation Holdings Inc. owns and operates a vertically integrated cryptocurrency data center and power generation company. The Company owns and operates facilities at two locations: the Town of Torrey, New York and Spartanburg, South Carolina. The Company's cryptocurrency data center operations generate revenue in the form of bitcoin by earning bitcoin as rewards and transaction fees for supporting the global bitcoin network with application-specific integrated circuit computers (ASICs or miners) owned or leased by the Company. The Company also owns and operates a 106MW power facility that is connected to the New York Independent System Operator (NYISO) power grid.
Executives
Jordan Kovler director 135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 05890
Christian Mulvihill officer: Chief Financial Officer 135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 06890
Michael P Neuscheler director C/O I3 MOBILE INC, 181 HARBOR DRIVE, STAMFORD CT 06902
Daniel Rothaupt director GREENIDGE GENERATION HOLDINGS INC., 590 PLANT ROAD, DRESDEN NY 14441
Atlas Capital Gp Lp director, 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830
Atlas Capital Resources Gp Llc director, 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830
Andrew M Bursky director, 10 percent owner
Timothy J Fazio director, 10 percent owner ATLAS HOLDINGS LLC, 100 NORTHFIELD STREET, GREENWICH CT 06830
Robert Loughran officer: Accounting Officer C/O AVON PRODUCTS, INC., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105-0196
Scott J. Mackenzie officer: Chief Strategy Officer 135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 06890
David Carl Anderson director, officer: Chief Executive Officer (CEO) 135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 06890
Terence A. Burke officer: General Counsel 590 PLANT ROAD, DRESDEN NY 14441
C Clark Webb 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Rha Investments, Inc. 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
210 Capital, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225

Greenidge Generation Holdings (Greenidge Generation Holdings) Headlines

From GuruFocus