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EmbeddedArt Group AB (publ)NGM:EMART +1.07%20 Graham Number is kr0.63 as of Mar. 2026, which is 100% below its 10-year median of 12.58. GuruFocus rates NGM:EMART with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 1,650 Hardware companies, EmbeddedArt Group AB (publ) ranks worse than 95.39% 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.
The historical rank and industry rank for EmbeddedArt Group AB (publ)'s Graham Number or its related term are showing as below:
NGM:EMART'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 10.51 Med: 12.58 Max: 13.97
Current: 10.51
During the past 13 years, the highest Price to Graham Number ratio of EmbeddedArt Group AB (publ) was 13.97. The lowest was 10.51. And the median was 12.58.
NGM:EMART's Price-to-Graham-Number is ranked worse than 95.39% of 1650
companies
in the Hardware industry
Industry Median: 1.8
vs NGM:EMART: 10.51
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
EmbeddedArt Group AB (publ) (NGM:EMART) 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.
EmbeddedArt Group AB (publ)'s Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
6.62
/
0.63
=
10.44
* 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.
EmbeddedArt Group AB (publ) Graham Number Related Terms
EmbeddedArt Group AB (publ) Graham Number Historical Data
* 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.
NGM:EMART vs COHR, KEYS, GRMN: Graham Number Comparison
For the Scientific & Technical Instruments subindustry, EmbeddedArt Group AB (publ)'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.
EmbeddedArt Group AB (publ) Price-to-Graham-Number vs Hardware Industry
For the Hardware industry and Technology sector, EmbeddedArt Group AB (publ)'s Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where EmbeddedArt Group AB (publ)'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.
EmbeddedArt Group AB (publ) (NGM:EMART) has a Graham Number of kr0.63 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on EmbeddedArt Group AB (publ) and its competitors. This is 95% below median its historical median of 12.58. Over the past decade, EmbeddedArt Group AB (publ)'s Graham Number has ranged from 10.51 to 13.97. According to the industry distribution chart, EmbeddedArt Group AB (publ) ranks #1574 out of 1650 companies in the Hardware industry, placing it in the top 95.4%.
Is EmbeddedArt Group AB (publ)'s Graham Number too high?
EmbeddedArt Group AB (publ)'s current Graham Number of kr0.63 is 95% below median its 10-year median of 12.58. Over the past 10 years, this metric has ranged from a low of 10.51 to a high of 13.97. Based on the distribution chart, EmbeddedArt Group AB (publ) ranks #1574 out of 1650 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, EmbeddedArt Group AB (publ) has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does EmbeddedArt Group AB (publ)'s Graham Number compare to COHR and KEYS?
According to the Hardware industry distribution chart, EmbeddedArt Group AB (publ) ranks #1574 out of 1650 companies for Graham Number. This places EmbeddedArt Group AB (publ) in the lower half of its industry. The industry median Graham Number is 1.80. Historically, EmbeddedArt Group AB (publ)'s own Graham Number has ranged from 10.51 to 13.97 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 Hardware company?
The median Graham Number among Hardware companies is 1.80, based on 1,650 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 EmbeddedArt Group AB (publ) and its competitors. For the Hardware industry, the median Graham Number is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EmbeddedArt Group AB (publ)'s current Graham Number is kr0.63, which is 95% below median its own 10-year median of 12.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EmbeddedArt Group AB (publ) stock overvalued right now?
EmbeddedArt Group AB (publ) (NGM:EMART) has a current Graham Number of kr0.63. The current Graham Number is kr0.63, which is 95% below median its 10-year median of 12.58. EmbeddedArt Group AB (publ)'s overall GF Score™ is 20/100 with 2 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 EmbeddedArt Group AB (publ) (NGM:EMART), the current Graham Number is kr0.63 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.
EmbeddedArt Group AB (publ) offers security solutions. The company develops, manufactures and sells alarm and surveillance systems. The products are sold under various brands and via the company's resellers, where the customers are mainly boat owners and other private individuals.
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