Sotkamo Silver AB (NGM:SOSI) Graham Number: kr0.84 (As of Mar. 2026) — 64% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

NGM:SOSI Sotkamo Silver AB NGM:SOSI
61 GF Score
Price kr3.83
GF Value kr1.51
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Sotkamo Silver AB Graham Number?

Sotkamo Silver AB NGM:SOSI -1.29% 61 Graham Number is kr0.84 as of Mar. 2026, which is 100% below its 10-year median of 2.32. GuruFocus rates NGM:SOSI with a GF Score™ of 61/100 and a GF Value™ of kr1.51 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 612 Metals & Mining companies, Sotkamo Silver AB ranks worse than 92.97% 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 (2026-07-21), the stock price of Sotkamo Silver AB is kr3.83. Sotkamo Silver AB's graham number for the quarter that ended in Mar. 2026 was kr0.84. Therefore, Sotkamo Silver AB's Price to Graham Number ratio for today is 4.55.

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

NGM:SOSI' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.68   Med: 2.32   Max: 4.45
Current: 4.26

During the past 13 years, the highest Price to Graham Number ratio of Sotkamo Silver AB was 4.45. The lowest was 0.68. And the median was 2.32.

NGM:SOSI's Price-to-Graham-Number is ranked worse than
92.97% of 612 companies
in the Metals & Mining industry
Industry Median: 1.215 vs NGM:SOSI: 4.26

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


Sotkamo Silver AB  (NGM:SOSI) 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.

Sotkamo Silver AB's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=3.83/0.84
=4.55

* 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.


Sotkamo Silver AB Graham Number Related Terms


Sotkamo Silver AB Graham Number Historical Data

* Premium members only.

The historical data trend for Sotkamo Silver AB'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.

Sotkamo Silver AB Graham Number Chart

Sotkamo Silver AB 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 0.00 0.00 1.37 0.00 0.00

Sotkamo Silver AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.00 0.00 0.00 0.00 0.84

NGM:SOSI vs EXK: Graham Number Comparison

For the Silver subindustry, Sotkamo Silver AB'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.


Sotkamo Silver AB Price-to-Graham-Number vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sotkamo Silver AB's Price-to-Graham-Number distribution charts can be found below:

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


NGM:SOSI
61GF Score
Sotkamo Silver AB NGM:SOSI
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sotkamo Silver AB Graham Number Calculation

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

Sotkamo Silver AB'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*0.756*-0.162)
=N/A

Sotkamo Silver AB'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*1.048*0.03)
=0.84

* 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 kr0.84 mean?
Sotkamo Silver AB (NGM:SOSI) has a Graham Number of kr0.84 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Sotkamo Silver AB and its competitors. This is 64% below median its historical median of 2.32. Over the past decade, Sotkamo Silver AB's Graham Number has ranged from 0.68 to 4.45. According to the industry distribution chart, Sotkamo Silver AB ranks #569 out of 612 companies in the Metals & Mining industry, placing it in the top 93%.
Is Sotkamo Silver AB's Graham Number too high?
Sotkamo Silver AB's current Graham Number of kr0.84 is 64% below median its 10-year median of 2.32. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 4.45. Based on the distribution chart, Sotkamo Silver AB ranks #569 out of 612 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Sotkamo Silver AB has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sotkamo Silver AB's Graham Number compare to EXK?
According to the Metals & Mining industry distribution chart, Sotkamo Silver AB ranks #569 out of 612 companies for Graham Number. This places Sotkamo Silver AB in the lower half of its industry. The industry median Graham Number is 1.22. Historically, Sotkamo Silver AB's own Graham Number has ranged from 0.68 to 4.45 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 Metals & Mining company?
The median Graham Number among Metals & Mining companies is 1.22, based on 612 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 Sotkamo Silver AB and its competitors. For the Metals & Mining industry, the median Graham Number is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sotkamo Silver AB's current Graham Number is kr0.84, which is 64% below median its own 10-year median of 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sotkamo Silver AB stock overvalued right now?
Based on GuruFocus' analysis, Sotkamo Silver AB (NGM:SOSI) is currently considered Significantly Overvalued. The stock's GF Value™ is kr1.51, compared to a current price of kr3.83 — trading 153.6% above its estimated fair value. The current Graham Number is kr0.84, which is 64% below median its 10-year median of 2.32. Sotkamo Silver AB's overall GF Score™ is 61/100 with 3 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 Sotkamo Silver AB (NGM:SOSI), the current Graham Number is kr0.84 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 Sotkamo Silver AB (NGM:SOSI) Overvalued in 2026?

Based on GuruFocus' analysis, Sotkamo Silver AB stock appears to be overvalued. The current stock price of kr3.83 is trading 153.6% above its estimated GF Value™ of kr1.51. GuruFocus considers Sotkamo Silver AB to be Significantly Overvalued.

Key valuation signals for NGM:SOSI:

  • Graham Number: kr0.84 (64% below median its 10-year median of 2.32)
  • GF Value™: kr1.51 vs. price of kr3.83 (153.6% above fair value)
  • GF Score™: 61/100 with 3 warning signs

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


Sotkamo Silver AB Business Description

Address Nybrogatan 34, Box 5216, Stockholm, SWE, 102 45
Sotkamo Silver AB is a mining and ore prospecting company engaged in the exploration, development, and production of silver and other metals. The company develops and utilizes mineral deposits mainly in the Kainuu region in Finland, with its main project being the Sotkamo (Taivaljarvi) silver mine. In addition to silver, the company produces gold, zinc, and lead, and sells metal concentrates to customers.
61GF Score

Get the complete analysis for NGM:SOSI

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

kr3.83
Price
kr1.51
GF Value