Sasini (NAI:SASN) Graham Number: KES33.07 (As of Mar. 2026)

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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.

NAI:SASN Sasini PLC NAI:SASN
67 GF Score
Price KES24.70
GF Value KES24.68
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Sasini Graham Number?

Sasini NAI:SASN -0.60% 67 Graham Number is KES33.07 as of Mar. 2026. GuruFocus rates NAI:SASN with a GF Score™ of 67/100 and a GF Value™ of KES24.68 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,390 Consumer Packaged Goods companies, Sasini ranks better than 72.23% 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 (2026-09-09), the stock price of Sasini is KES24.70. Sasini's graham number for the quarter that ended in Mar. 2026 was KES33.07. Therefore, Sasini's Price to Graham Number ratio for today is 0.75.

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

NAI:SASN' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.26   Med: 0.54   Max: 2.16
Current: 0.75

During the past 13 years, the highest Price to Graham Number ratio of Sasini was 2.16. The lowest was 0.26. And the median was 0.54.

NAI:SASN's Price-to-Graham-Number is ranked better than
72.23% of 1390 companies
in the Consumer Packaged Goods industry
Industry Median: 1.145 vs NAI:SASN: 0.75

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


Sasini  (NAI:SASN) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=24.70/33.07
=0.75

* 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.


Sasini Graham Number Related Terms


Sasini Graham Number Historical Data

* Premium members only.

The historical data trend for Sasini'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.

Sasini Graham Number Chart

Sasini Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.29 83.77 48.14 0.00 0.00

Sasini Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 34.83 0.00 0.00 40.47 33.07

NAI:SASN vs ADM, BG, TSN: Graham Number Comparison

For the Farm Products subindustry, Sasini'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.


Sasini Price-to-Graham-Number vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sasini's Price-to-Graham-Number distribution charts can be found below:

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


NAI:SASN
67GF Score
Sasini PLC NAI:SASN
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sasini Graham Number Calculation

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

Sasini's Graham Number for the fiscal year that ended in Sep. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*91.577*-0.976)
=N/A

Sasini'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*90.873*0.535)
=33.07

* 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 KES33.07 mean?
Sasini (NAI:SASN) has a Graham Number of KES33.07 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Sasini and its competitors. According to the industry distribution chart, Sasini ranks #386 out of 1390 companies in the Consumer Packaged Goods industry, placing it in the top 27.8%.
Is Sasini's Graham Number too high?
Sasini's current Graham Number is KES33.07. Based on the distribution chart, Sasini ranks #386 out of 1390 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Sasini has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sasini's Graham Number compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Sasini ranks #386 out of 1390 companies for Graham Number. This puts Sasini in the upper half of its industry. The industry median Graham Number is 1.15. 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 Consumer Packaged Goods company?
The median Graham Number among Consumer Packaged Goods companies is 1.15, based on 1,390 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 Sasini and its competitors. For the Consumer Packaged Goods industry, the median Graham Number is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sasini's current Graham Number is KES33.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sasini stock overvalued right now?
Based on GuruFocus' analysis, Sasini (NAI:SASN) is currently considered Fairly Valued. The stock's GF Value™ is KES24.68, compared to a current price of KES24.70 — trading 0.1% above its estimated fair value. The current Graham Number is KES33.07. Sasini's overall GF Score™ is 67/100 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 Sasini (NAI:SASN), the current Graham Number is KES33.07 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 Sasini (NAI:SASN) Overvalued in 2026?

Based on GuruFocus' analysis, Sasini stock appears to be overvalued. The current stock price of KES24.70 is trading 0.1% above its estimated GF Value™ of KES24.68. GuruFocus considers Sasini to be Fairly Valued.

Key valuation signals for NAI:SASN:

  • Graham Number: KES33.07
  • GF Value™: KES24.68 vs. price of KES24.70 (0.1% above fair value)
  • GF Score™: 67/100 with 5 warning signs

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


Sasini Business Description

Address Off Brookside Grove, Rivaan Centre, 3rd Floor, Muguga Green, Westlands, Nairobi, KEN, 00100
Sasini PLC, along with its subsidiaries, is engaged inare the growing, processing, and sale of tea and coffee, the milling and trading of coffee, value addition operations on related products, and forestry and packing of avocado fruits and macadamia nuts for export. The operating segments of the group are Tea, Coffee, Macadamia, Avocado, and Others. It derives key revenue from the coffee segment which involves the growing and processing of tea. Its products include Retail tea, Bulk tea, Retail coffee, Bulk coffee, and other products.
67GF Score

Get the complete analysis for NAI:SASN

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

KES24.70
Price
KES24.68
GF Value