Alia Mentis SpA (MIL:ALMS) Graham Number: €0.81 (As of Dec. 2025)

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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.

MIL:ALMS Alia Mentis SpA MIL:ALMS
14 GF Score
Price €4.99
! 1 Warning Sign
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What is Alia Mentis SpA Graham Number?

Alia Mentis SpA MIL:ALMS +2.36% 14 Graham Number is €0.81 as of Dec. 2025. GuruFocus rates MIL:ALMS with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 2,203 Industrial Products companies, Alia Mentis SpA ranks worse than 91.19% 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 (2026-07-26), the stock price of Alia Mentis SpA is €4.99. Alia Mentis SpA's graham number for the quarter that ended in Dec. 2025 was €0.81. Therefore, Alia Mentis SpA's Price to Graham Number ratio for today is 6.19.

The historical rank and industry rank for Alia Mentis SpA's Graham Number or its related term are showing as below:

MIL:ALMS' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.16
Current: 6.16

During the past 2 years, the highest Price to Graham Number ratio of Alia Mentis SpA was 6.16. The lowest was 0.00. And the median was 0.00.

MIL:ALMS's Price-to-Graham-Number is ranked worse than
91.19% of 2203 companies
in the Industrial Products industry
Industry Median: 1.67 vs MIL:ALMS: 6.16

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


Alia Mentis SpA  (MIL:ALMS) 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.

Alia Mentis SpA's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=4.99/0.81
=6.19

* 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.


Alia Mentis SpA Graham Number Related Terms


Alia Mentis SpA Graham Number Historical Data

* Premium members only.

The historical data trend for Alia Mentis SpA'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.

Alia Mentis SpA Graham Number Chart

Alia Mentis SpA Annual Data
Trend Dec24 Dec25
Graham Number
0.44 0.81

Alia Mentis SpA Semi-Annual Data
Dec24 Dec25
Graham Number 0.00 0.81

MIL:ALMS vs : Graham Number Comparison

For the Specialty Industrial Machinery subindustry, Alia Mentis SpA'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.


Alia Mentis SpA Price-to-Graham-Number vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Alia Mentis SpA's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Alia Mentis SpA's Price-to-Graham-Number falls into.


MIL:ALMS
14GF Score
Alia Mentis SpA MIL:ALMS
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Alia Mentis SpA Graham Number Calculation

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

Alia Mentis SpA'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*0.211*0.137)
=0.81

Alia Mentis SpA'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*0.211*0.137)
=0.81

* 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 €0.81 mean?
Alia Mentis SpA (MIL:ALMS) has a Graham Number of €0.81 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Alia Mentis SpA and its competitors. According to the industry distribution chart, Alia Mentis SpA ranks #2009 out of 2203 companies in the Industrial Products industry, placing it in the top 91.2%.
Is Alia Mentis SpA's Graham Number too high?
Alia Mentis SpA's current Graham Number is €0.81. Based on the distribution chart, Alia Mentis SpA ranks #2009 out of 2203 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Alia Mentis SpA has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Alia Mentis SpA's Graham Number compare to ?
According to the Industrial Products industry distribution chart, Alia Mentis SpA ranks #2009 out of 2203 companies for Graham Number. This places Alia Mentis SpA in the lower half of its industry. The industry median Graham Number is 1.67. 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 Industrial Products company?
The median Graham Number among Industrial Products companies is 1.67, based on 2,203 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 Alia Mentis SpA and its competitors. For the Industrial Products industry, the median Graham Number is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alia Mentis SpA's current Graham Number is €0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alia Mentis SpA stock overvalued right now?
Alia Mentis SpA (MIL:ALMS) has a current Graham Number of €0.81. The current Graham Number is €0.81. Alia Mentis SpA's overall GF Score™ is 14/100 with 1 warning sign 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 Alia Mentis SpA (MIL:ALMS), the current Graham Number is €0.81 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.

Alia Mentis SpA Business Description

Comparable Companies
Other Exchanges QE2:Germany
Alia Mentis SpA develops proprietary materials and processes through a fully integrated, science-driven approach. The group operates across the entire system, from research to validation, to enable the next evolution of manufacturing. Its products are Koridion, Xelion, and Integrated Systems.
14GF Score

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

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