GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Lionheart Acquisition Corp II (NAS:LCAP) » Definitions » Graham Number

Lionheart Acquisition II (Lionheart Acquisition II) Graham Number : $N/A (As of Dec. 2021)


View and export this data going back to 2020. Start your Free Trial

What is Lionheart Acquisition II 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 (2024-06-05), the stock price of Lionheart Acquisition II is $10.78. Lionheart Acquisition II's graham number for the quarter that ended in Dec. 2021 was $N/A. Therefore, Lionheart Acquisition II's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Lionheart Acquisition II's Graham Number or its related term are showing as below:

LCAP's Price-to-Graham-Number is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.79
* 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.


Lionheart Acquisition II Graham Number Historical Data

The historical data trend for Lionheart Acquisition II'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.

Lionheart Acquisition II Graham Number Chart

Lionheart Acquisition II Annual Data
Trend Dec19 Dec20 Dec21
Graham Number
- - 4.20

Lionheart Acquisition II Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Graham Number Get a 7-Day Free Trial - 3.33 - - -

Competitive Comparison of Lionheart Acquisition II's Graham Number

For the Shell Companies subindustry, Lionheart Acquisition II'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.


Lionheart Acquisition II's Price-to-Graham-Number Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Lionheart Acquisition II's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Lionheart Acquisition II's Price-to-Graham-Number falls into.



Lionheart Acquisition II Graham Number Calculation

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

Lionheart Acquisition II's Graham Number for the fiscal year that ended in Dec. 2021 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*7.203*0.109)
=4.20

Lionheart Acquisition II's Graham Number for the quarter that ended in Dec. 2021 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*7.203*-0.289)
=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.


Lionheart Acquisition II  (NAS:LCAP) 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.

Lionheart Acquisition II's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2021 )
=10.78/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.


Lionheart Acquisition II Graham Number Related Terms

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


Lionheart Acquisition II (Lionheart Acquisition II) Business Description

Traded in Other Exchanges
N/A
Address
4218 NE 2nd Avenue, Miami, FL, USA, 33137
Lionheart Acquisition Corp II is a blank check company.
Executives
Cala Faquiry Diaz officer: Chief Operating Officer 4218 NE 2ND AVENUE, MIAMI FL 33137
Thomas W Hawkins director GERALD STEVENS INC, PO BOX 350526, FORT LAUDERDALE FL 33335-0526
Lionheart Equities, Llc 10 percent owner C/O LIONHEART CAPITAL, LLC, 4218 NE 2ND AVENUE, MIAMI FL 33137
Ophir Sternberg director, 10 percent owner, officer: CEO and President C/O OPES ACQUISITION CORP., JAVIER BARROS SIERRA 540, OF. 103, MEXICO CITY O5 01210
Trevor Barran director, officer: Chief Operating Officer 4310 NE 2ND AVENUE, APT 1, MIAMI FL 33137
Thomas Clyde Byrne director C/O JUST ANOTHER ACQUISITION, CORP., 122 EAST 42ND STREET, UNIT 2015, NEW YORK NY 10168
Aman Kapadia director 4218 NE 2ND AVENUE, 2ND FL., MIAMI FL 33137
James Stephen Anderson director 4218 NE 2ND AVENUE 2ND FLOOR, MIAMI FL 33137
Roger Meltzer director 80 PINE STREET, C/O CAHILL GORDON& REINDELL LLP, NEW YORK NY 10005
Paul Howard Rapisarda officer: CFO and Secretary 151 SE 15TH ROAD, APT 1802, MIAMI FL 33129
Steven R Berrard director BIRMINGHAM STEEL, PO BOX 1208, BIRMINHAM AL 35201

Lionheart Acquisition II (Lionheart Acquisition II) Headlines

From GuruFocus

Lionheart Acquisition Corporation II Extension Vote Results

By GuruFocusNews GuruFocusNews 01-31-2022