HTROF (Hexatronic Group AB) Graham Number: $0.42 (As of Jun. 2026) — 90% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

HTROF Hexatronic Group AB HTROF
66 GF Score
Price $4.55
GF Value $3.06
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Hexatronic Group AB Graham Number?

Hexatronic Group AB HTROF +28.17% 66 Graham Number is $0.42 as of Jun. 2026, which is 90% below its 10-year median of 4.16. GuruFocus rates HTROF with a GF Score™ of 66/100 and a GF Value™ of $3.06 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,620 Hardware companies, Hexatronic Group AB ranks worse than 96.05% 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 (2026-07-17), the stock price of Hexatronic Group AB is $4.55. Hexatronic Group AB's graham number for the quarter that ended in Jun. 2026 was $0.42. Therefore, Hexatronic Group AB's Price to Graham Number ratio for today is 10.92.

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

HTROF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.77   Med: 4.16   Max: 16.5
Current: 11.1

During the past 13 years, the highest Price to Graham Number ratio of Hexatronic Group AB was 16.50. The lowest was 1.77. And the median was 4.16.

HTROF's Price-to-Graham-Number is ranked worse than
96.05% of 1620 companies
in the Hardware industry
Industry Median: 1.91 vs HTROF: 11.10

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


Hexatronic Group AB  (OTCPK:HTROF) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=4.55/0.42
=10.92

* 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.


Hexatronic Group AB Graham Number Related Terms


Hexatronic Group AB Graham Number Historical Data

* Premium members only.

The historical data trend for Hexatronic Group AB'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.

Hexatronic Group AB Graham Number Chart

Hexatronic Group AB Annual Data
Trend Aug16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 1.05 1.37 1.22 0.00

Hexatronic Group AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.42 0.77 0.00 0.00 0.42

HTROF vs CSCO, CIEN, MSI: Graham Number Comparison

For the Communication Equipment subindustry, Hexatronic Group AB'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.


Hexatronic Group AB Price-to-Graham-Number vs Hardware Industry

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

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


HTROF
66GF Score
Hexatronic Group AB HTROF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hexatronic Group AB Graham Number Calculation

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

Hexatronic Group AB'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*0.315*-0.008)
=N/A

Hexatronic Group AB's Graham Number for the quarter that ended in Jun. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.514*0.015)
=0.42

* 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 $0.42 mean?
Hexatronic Group AB (HTROF) has a Graham Number of $0.42 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Hexatronic Group AB and its competitors. This is 90% below median its historical median of 4.16. Over the past decade, Hexatronic Group AB's Graham Number has ranged from 1.77 to 16.50. According to the industry distribution chart, Hexatronic Group AB ranks #1556 out of 1620 companies in the Hardware industry, placing it in the top 96%.
Is Hexatronic Group AB's Graham Number too high?
Hexatronic Group AB's current Graham Number of $0.42 is 90% below median its 10-year median of 4.16. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 16.50. The Hardware industry median Graham Number is 1.91. Hexatronic Group AB's value of $0.42 is 78% below this industry median. Based on the distribution chart, Hexatronic Group AB ranks #1556 out of 1620 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Hexatronic Group AB has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hexatronic Group AB's Graham Number compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Hexatronic Group AB ranks #1556 out of 1620 companies for Graham Number. This places Hexatronic Group AB in the lower half of its industry. The industry median Graham Number is 1.91. Hexatronic Group AB's value of $0.42 is 78% below this benchmark. Historically, Hexatronic Group AB's own Graham Number has ranged from 1.77 to 16.50 over the past decade. While the company's 10-year median is 4.16 vs. the industry median of 1.91, Hexatronic Group AB has consistently been below the industry average. 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 1.91, based on 1,620 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. Hexatronic Group AB's current Graham Number of $0.42 is 78% below the industry median. 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 Hexatronic Group AB and its competitors. For the Hardware industry, the median Graham Number is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexatronic Group AB's current Graham Number is $0.42, which is 90% below median its own 10-year median of 4.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexatronic Group AB stock overvalued right now?
Based on GuruFocus' analysis, Hexatronic Group AB (HTROF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.06, compared to a current price of $4.55 — trading 48.7% above its estimated fair value. The current Graham Number is $0.42, which is 90% below median its 10-year median of 4.16 and 78% below the Hardware industry median of 1.91. Hexatronic Group AB's overall GF Score™ is 66/100 with 9 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 Hexatronic Group AB (HTROF), the current Graham Number is $0.42 as of Jun. 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 Hexatronic Group AB (HTROF) Overvalued in 2026?

Based on GuruFocus' analysis, Hexatronic Group AB stock appears to be overvalued. The current stock price of $4.55 is trading 48.7% above its estimated GF Value™ of $3.06. GuruFocus considers Hexatronic Group AB to be Significantly Overvalued.

Key valuation signals for HTROF:

  • Graham Number: $0.42 (90% below median its 10-year median of 4.16)
  • GF Value™: $3.06 vs. price of $4.55 (48.7% above fair value)
  • GF Score™: 66/100 with 9 warning signs
  • Industry Position: 78% below the Hardware median (#1556 of 1620)

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


Hexatronic Group AB Business Description

Address Sofierogatan 3A, Gothenburg, SWE, SE-412 51
Hexatronic Group AB is a technology group specialized in fiber communications products. The company supplies fiber optic products and solutions, and a complete range of passive infrastructure for telecom companies. The company offers products such as Fiber Solutions, including cables, Microtubules and bundles of microtubules, as well as Accessories for Cables and microducts. Additionally, it provides installation services. Wireless solutions include 5G and Wireless network infrastructure, along with the InOne Powered Fibersystem. For harsh environments, the company offers dynamic cables, Connectivity Solutions, and sensor systems. The company operates in Sweden, Europe (other than Sweden), North America, and APAC, with the majority of revenue from Europe and North America.
66GF Score

Get the complete analysis for HTROF

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

$4.55
Price
$3.06
GF Value