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Verbund AGMIL:1VER 70 Graham Number is €46.14 as of Jun. 2026, which is 100% below its 10-year median of 1.53. GuruFocus rates MIL:1VER with a GF Score™ of 70/100 and a GF Value™ of €57.77. The stock has 5 warning signs investors should review. Among 277 Utilities - Independent Power Producers companies, Verbund AG ranks worse than 53.79% 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 (2026-08-05), the stock price of Verbund AG is €58.55. Verbund AG's graham number for the quarter that ended in Jun. 2026 was €46.14. Therefore, Verbund AG's Price to Graham Number ratio for today is 1.27.
The historical rank and industry rank for Verbund AG's Graham Number or its related term are showing as below:
MIL:1VER'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.8 Med: 1.53 Max: 4.43
Current: 1.27
During the past 13 years, the highest Price to Graham Number ratio of Verbund AG was 4.43. The lowest was 0.80. And the median was 1.53.
MIL:1VER's Price-to-Graham-Number is ranked worse than 53.79% of 277
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.14
vs MIL:1VER: 1.27
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
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.
Verbund AG's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
58.55
/
46.14
=
1.27
* 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.
Verbund AG Graham Number Related Terms
Verbund AG Graham Number Historical Data
* Premium members only.
The historical data trend for Verbund 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.
For the Utilities - Renewable subindustry, Verbund 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.
Verbund AG Price-to-Graham-Number vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Verbund AG's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Verbund AG's Price-to-Graham-Number falls into.
* 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.
Verbund AG (MIL:1VER) has a Graham Number of €46.14 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Verbund AG and its competitors. This is 2916% above median its historical median of 1.53. Over the past decade, Verbund AG's Graham Number has ranged from 0.80 to 4.43. According to the industry distribution chart, Verbund AG ranks #149 out of 277 companies in the Utilities - Independent Power Producers industry, placing it in the top 53.8%.
Is Verbund AG's Graham Number too high?
Verbund AG's current Graham Number of €46.14 is 2916% above median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 4.43. Based on the distribution chart, Verbund AG ranks #149 out of 277 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Verbund AG has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Verbund AG's Graham Number compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Verbund AG ranks #149 out of 277 companies for Graham Number. This places Verbund AG in the lower half of its industry. The industry median Graham Number is 1.14. Historically, Verbund AG's own Graham Number has ranged from 0.80 to 4.43 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 an Utilities - Independent Power Producers company?
The median Graham Number among Utilities - Independent Power Producers companies is 1.14, based on 277 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 Verbund AG and its competitors. For the Utilities - Independent Power Producers industry, the median Graham Number is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Verbund AG's current Graham Number is €46.14, which is 2916% above median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verbund AG stock overvalued right now?
Verbund AG (MIL:1VER) has a current Graham Number of €46.14. The stock's GF Value™ is €57.77, compared to a current price of €58.55 — trading 1.4% above its estimated fair value. The current Graham Number is €46.14, which is 2916% above median its 10-year median of 1.53. Verbund AG's overall GF Score™ is 70/100 with 5 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 Verbund AG (MIL:1VER), the current Graham Number is €46.14 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 Verbund AG (MIL:1VER) Overvalued in 2026?
Based on GuruFocus' analysis, Verbund AG stock appears to be overvalued.
The current stock price of €58.55 is trading 1.4% above its estimated GF Value™ of €57.77.
Key valuation signals for MIL:1VER:
Graham Number: €46.14 (2916% above median its 10-year median of 1.53)
GF Value™: €57.77 vs. price of €58.55 (1.4% above fair value)
No single metric tells the full story. See the MIL:1VER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1947 through a nationalization act, Verbund is the leading power producer in Austria. The Austrian state owns 51% of its capital. Hydro accounts for more than 90% of the total power output. Hydro power is generated from reservoirs and pumped storage plants in the Austrian Alps, and run-of-river plants in Austria and southern Germany. Total hydro capacity amounts to 8.4 GW. Verbund also owns the Austrian electricity grid through its fully owned subsidiary AP. In 2021, the firm acquired 51% of Gas Connect Austria, a gas transmission and distribution system operator. The group also owns one CCGT and is involved in trading and development of wind and solar capacity.
70GF Score
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