Bauer AG (LTS:0OLG) Graham Number: €6.74 (As of Dec. 2025) — 1222% Above 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.

LTS:0OLG Bauer AG LTS:0OLG
65 GF Score
Price €5.90
GF Value €4.28
! 4 Warning Signs
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What is Bauer AG Graham Number?

Bauer AG LTS:0OLG 65 Graham Number is €6.74 as of Dec. 2025, which is 100% below its 10-year median of 0.51. GuruFocus rates LTS:0OLG with a GF Score™ of 65/100 and a GF Value™ of €4.28. The stock has 4 warning signs investors should review. Among 1,220 Construction companies, Bauer AG ranks better than 56.31% 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 (2026-08-08), the stock price of Bauer AG is €5.90. Bauer AG's graham number for the quarter that ended in Dec. 2025 was €6.74. Therefore, Bauer AG's Price to Graham Number ratio for today is 0.88.

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

LTS:0OLG' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.28   Med: 0.51   Max: 1.42
Current: 0.87

During the past 13 years, the highest Price to Graham Number ratio of Bauer AG was 1.42. The lowest was 0.28. And the median was 0.51.

LTS:0OLG's Price-to-Graham-Number is ranked better than
56.31% of 1220 companies
in the Construction industry
Industry Median: 1.02 vs LTS:0OLG: 0.87

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


Bauer AG  (LTS:0OLG) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=5.90/6.74
=0.88

* 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.


Bauer AG Graham Number Related Terms


Bauer AG Graham Number Historical Data

* Premium members only.

The historical data trend for Bauer 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.

Bauer AG Graham Number Chart

Bauer 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 10.10 0.00 17.07 14.09 6.74

Bauer AG Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 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 10.10 0.00 17.07 14.09 6.74

LTS:0OLG vs PWR, FIX, EME: Graham Number Comparison

For the Engineering & Construction subindustry, Bauer 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.


Bauer AG Price-to-Graham-Number vs Construction Industry

For the Construction industry and Industrials sector, Bauer AG's Price-to-Graham-Number distribution charts can be found below:

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


LTS:0OLG
65GF Score
Bauer AG LTS:0OLG
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bauer AG Graham Number Calculation

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

Bauer 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*10.957*0.184)
=6.74

Bauer 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*10.957*0.184)
=6.74

* 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 €6.74 mean?
Bauer AG (LTS:0OLG) has a Graham Number of €6.74 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Bauer AG and its competitors. This is 1222% above median its historical median of 0.51. Over the past decade, Bauer AG's Graham Number has ranged from 0.28 to 1.42. According to the industry distribution chart, Bauer AG ranks #533 out of 1220 companies in the Construction industry, placing it in the top 43.7%.
Is Bauer AG's Graham Number too high?
Bauer AG's current Graham Number of €6.74 is 1222% above median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.42. Based on the distribution chart, Bauer AG ranks #533 out of 1220 companies in the Construction industry, which is above the industry midpoint. Overall, Bauer AG has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Bauer AG's Graham Number compare to PWR and FIX?
According to the Construction industry distribution chart, Bauer AG ranks #533 out of 1220 companies for Graham Number. This puts Bauer AG in the upper half of its industry. The industry median Graham Number is 1.02. Historically, Bauer AG's own Graham Number has ranged from 0.28 to 1.42 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 Construction company?
The median Graham Number among Construction companies is 1.02, based on 1,220 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 Bauer AG and its competitors. For the Construction industry, the median Graham Number is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bauer AG's current Graham Number is €6.74, which is 1222% above median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bauer AG stock overvalued right now?
Bauer AG (LTS:0OLG) has a current Graham Number of €6.74. The stock's GF Value™ is €4.28, compared to a current price of €5.90 — trading 37.9% above its estimated fair value. The current Graham Number is €6.74, which is 1222% above median its 10-year median of 0.51. Bauer AG's overall GF Score™ is 65/100 with 4 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 Bauer AG (LTS:0OLG), the current Graham Number is €6.74 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 Bauer AG (LTS:0OLG) Overvalued in 2026?

Based on GuruFocus' analysis, Bauer AG stock appears to be overvalued. The current stock price of €5.90 is trading 37.9% above its estimated GF Value™ of €4.28.

Key valuation signals for LTS:0OLG:

  • Graham Number: €6.74 (1222% above median its 10-year median of 0.51)
  • GF Value™: €4.28 vs. price of €5.90 (37.9% above fair value)
  • GF Score™: 65/100 with 4 warning signs

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


Bauer AG Business Description

Other Exchanges B5A0:Germany
Address BAUER-Strasse 1, Schrobenhausen, BY, DEU, 86529
Bauer AG along with its subsidiaries, provides construction and engineering. The operations of the Group are divided into three business segments: Geotechnical Solutions, Equipment, and Resources. The Geotechnical Solutions segment applies all the established methods and techniques of specialist foundation engineering all over the world. In the Equipment segment, It is a provider for a full range of equipment for specialist foundation engineering as well as for the exploration, mining and extraction of natural resources. The Resources segment focuses on the development, production and execution of products and services and acts as a service provider with several business divisions and subsidiaries in the areas of water wells, environmental services and energy, mining, and infrastructure.
65GF Score

Get the complete analysis for LTS:0OLG

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

€5.90
Price
€4.28
GF Value