AKVA Group ASA (LTS:0DIP) Graham Number: krN/A (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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.

LTS:0DIP AKVA Group ASA LTS:0DIP
68 GF Score
Price kr134.00
GF Value kr94.64
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is AKVA Group ASA Graham Number?

AKVA Group ASA LTS:0DIP 68 Graham Number is krN/A as of Mar. 2026. GuruFocus rates LTS:0DIP with a GF Score™ of 68/100 and a GF Value™ of kr94.64 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 161 Farm & Heavy Construction Machinery companies, AKVA Group ASA ranks worse than 621117.39% 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 (2026-07-18), the stock price of AKVA Group ASA is kr134.00. AKVA Group ASA's graham number for the quarter that ended in Mar. 2026 was krN/A. Therefore, AKVA Group ASA's Price to Graham Number ratio for today is N/A.

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

During the past 13 years, the highest Price to Graham Number ratio of AKVA Group ASA was 36.11. The lowest was 3.58. And the median was 9.29.

LTS:0DIP's Price-to-Graham-Number is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 1.17
* 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.


AKVA Group ASA  (LTS:0DIP) 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.

AKVA Group ASA's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=134.00/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.


AKVA Group ASA Graham Number Related Terms


AKVA Group ASA Graham Number Historical Data

* Premium members only.

The historical data trend for AKVA Group ASA'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.

AKVA Group ASA Graham Number Chart

AKVA Group ASA 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 11.04 0.00 0.00 0.00 0.00

AKVA Group ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

LTS:0DIP vs CAT, DE, PCAR: Graham Number Comparison

For the Farm & Heavy Construction Machinery subindustry, AKVA Group ASA'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.


AKVA Group ASA Price-to-Graham-Number vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, AKVA Group ASA's Price-to-Graham-Number distribution charts can be found below:

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


LTS:0DIP
68GF Score
AKVA Group ASA LTS:0DIP
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AKVA Group ASA Graham Number Calculation

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

AKVA Group ASA'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*-6.588*4.606)
=N/A

AKVA Group ASA's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*-6.098*5.33)
=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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of krN/A mean?
AKVA Group ASA (LTS:0DIP) has a Graham Number of krN/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on AKVA Group ASA and its competitors. Over the past decade, AKVA Group ASA's Graham Number has ranged from 3.58 to 36.11. According to the industry distribution chart, AKVA Group ASA ranks #999999 out of 161 companies in the Farm & Heavy Construction Machinery industry.
Is AKVA Group ASA's Graham Number too high?
AKVA Group ASA's current Graham Number is krN/A. Over the past 10 years, this metric has ranged from a low of 3.58 to a high of 36.11. Based on the distribution chart, AKVA Group ASA ranks #999999 out of 161 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, AKVA Group ASA has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AKVA Group ASA's Graham Number compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, AKVA Group ASA ranks #999999 out of 161 companies for Graham Number. This places AKVA Group ASA in the lower half of its industry. The industry median Graham Number is 1.17. Historically, AKVA Group ASA's own Graham Number has ranged from 3.58 to 36.11 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 Farm & Heavy Construction Machinery company?
The median Graham Number among Farm & Heavy Construction Machinery companies is 1.17, based on 161 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 AKVA Group ASA and its competitors. For the Farm & Heavy Construction Machinery industry, the median Graham Number is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AKVA Group ASA's current Graham Number is krN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AKVA Group ASA stock overvalued right now?
Based on GuruFocus' analysis, AKVA Group ASA (LTS:0DIP) is currently considered Significantly Overvalued. The stock's GF Value™ is kr94.64, compared to a current price of kr134.00 — trading 41.6% above its estimated fair value. The current Graham Number is krN/A. AKVA Group ASA's overall GF Score™ is 68/100 with 8 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 AKVA Group ASA (LTS:0DIP), the current Graham Number is krN/A as of Mar. 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 AKVA Group ASA (LTS:0DIP) Overvalued in 2026?

Based on GuruFocus' analysis, AKVA Group ASA stock appears to be overvalued. The current stock price of kr134.00 is trading 41.6% above its estimated GF Value™ of kr94.64. GuruFocus considers AKVA Group ASA to be Significantly Overvalued.

Key valuation signals for LTS:0DIP:

  • Graham Number: krN/A
  • GF Value™: kr94.64 vs. price of kr134.00 (41.6% above fair value)
  • GF Score™: 68/100 with 8 warning signs

No single metric tells the full story. See the LTS:0DIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AKVA Group ASA Business Description

Address Svanavagveien 30, Egersund, NOR, N-4374
AKVA Group ASA is a technology and service partner in the aquaculture industry. The company has three operating segments; Sea-Based Technology includes products like feed barges, fish farming cages, feed systems, nets, sensors, cameras, light systems, net cleaning systems, and remotely operating vehicles, Land Based Technology includes Recirculation technology that allows re-use of the water by cleaning the water and restoring important water quality parameters, using water treatment technology, and Digital includes products like FishtalkTM, AKVAconnect, and Observe. The FishtalkTM software includes brands such as Production control, planning, traceability, and ERP software for both the aquaculture and the fishing industry.
68GF Score

Get the complete analysis for LTS:0DIP

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

kr134.00
Price
kr94.64
GF Value