NVSHF (Novus Holdings) Graham Number: $0.65 (As of Mar. 2026) — 51% Above Median

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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.
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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.

NVSHF Novus Holdings Ltd NVSHF
78 GF Score
Price $0.13
GF Value $0.12
! 5 Warning Signs
View Full Analysis

What is Novus Holdings Graham Number?

Novus Holdings NVSHF 78 Graham Number is $0.65 as of Mar. 2026, which is 51% above its 10-year median of 0.43. GuruFocus rates NVSHF with a GF Score™ of 78/100 and a GF Value™ of $0.12. The stock has 5 warning signs investors should review. Among 697 Business Services companies, Novus Holdings ranks better than 87.23% 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 (2026-07-25), the stock price of Novus Holdings is $0.13. Novus Holdings's graham number for the quarter that ended in Mar. 2026 was $0.65. Therefore, Novus Holdings's Price to Graham Number ratio for today is 0.20.

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

NVSHF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.24   Med: 0.43   Max: 0.63
Current: 0.57

During the past 13 years, the highest Price to Graham Number ratio of Novus Holdings was 0.63. The lowest was 0.24. And the median was 0.43.

NVSHF's Price-to-Graham-Number is ranked better than
87.23% of 697 companies
in the Business Services industry
Industry Median: 1.17 vs NVSHF: 0.57

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


Novus Holdings  (OTCPK:NVSHF) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.13/0.65
=0.20

* 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.


Novus Holdings Graham Number Related Terms


Novus Holdings Graham Number Historical Data

* Premium members only.

The historical data trend for Novus Holdings'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.

Novus Holdings Graham Number Chart

Novus Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.00 0.50 0.60 0.66

Novus Holdings 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 0.50 0.66 0.60 0.48 0.65

NVSHF vs CTAS, CPRT, ULS: Graham Number Comparison

For the Specialty Business Services subindustry, Novus Holdings'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.


Novus Holdings Price-to-Graham-Number vs Business Services Industry

For the Business Services industry and Industrials sector, Novus Holdings's Price-to-Graham-Number distribution charts can be found below:

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


NVSHF
78GF Score
Novus Holdings Ltd NVSHF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Novus Holdings Graham Number Calculation

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

Novus Holdings's Graham Number for the fiscal year that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.423*0.046)
=0.66

Novus Holdings'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*0.423*0.045)
=0.65

* 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 $0.65 mean?
Novus Holdings (NVSHF) has a Graham Number of $0.65 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Novus Holdings and its competitors. This is 51% above median its historical median of 0.43. Over the past decade, Novus Holdings' Graham Number has ranged from 0.24 to 0.63. According to the industry distribution chart, Novus Holdings ranks #89 out of 697 companies in the Business Services industry, placing it in the top 12.8%.
Is Novus Holdings' Graham Number too high?
Novus Holdings' current Graham Number of $0.65 is 51% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.63. The Business Services industry median Graham Number is 1.17. Novus Holdings' value of $0.65 is 44.4% below this industry median. Based on the distribution chart, Novus Holdings ranks #89 out of 697 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Novus Holdings has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Novus Holdings' Graham Number compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Novus Holdings ranks #89 out of 697 companies for Graham Number. This places Novus Holdings in the top 13% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.17. Novus Holdings' value of $0.65 is 44.4% below this benchmark. Historically, Novus Holdings' own Graham Number has ranged from 0.24 to 0.63 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.17, Novus Holdings has consistently been below the industry average. 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 Business Services company?
The median Graham Number among Business Services companies is 1.17, based on 697 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. Novus Holdings's current Graham Number of $0.65 is 44.4% below the industry median. 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 Novus Holdings and its competitors. For the Business Services industry, the median Graham Number is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novus Holdings's current Graham Number is $0.65, which is 51% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novus Holdings stock overvalued right now?
Novus Holdings (NVSHF) has a current Graham Number of $0.65. The stock's GF Value™ is $0.12, compared to a current price of $0.13 — trading 8.3% above its estimated fair value. The current Graham Number is $0.65, which is 51% above median its 10-year median of 0.43 and 44.4% below the Business Services industry median of 1.17. Novus Holdings' overall GF Score™ is 78/100 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 Novus Holdings (NVSHF), the current Graham Number is $0.65 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 Novus Holdings (NVSHF) Overvalued in 2026?

Based on GuruFocus' analysis, Novus Holdings stock appears to be overvalued. The current stock price of $0.13 is trading 8.3% above its estimated GF Value™ of $0.12.

Key valuation signals for NVSHF:

  • Graham Number: $0.65 (51% above median its 10-year median of 0.43)
  • GF Value™: $0.12 vs. price of $0.13 (8.3% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 44.4% below the Business Services median (#89 of 697)

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


Novus Holdings Business Description

Other Exchanges NVS:South AfricaN09:Germany
Address 10 Freedom Way, Marconi Beam, Montague Gardens, Milnerton, Cape Town, WC, ZAF, 7441
Novus Holdings Ltd services South Africa and the African continent through its print production of all short to long-run requirements of educational materials, magazines, retail inserts, catalogs, books, newspapers, and commercial work, as well as security and digital printing. The company's reportable segment comprises Print, Publishing and Distribution, which comprises printing of books, magazines, retail inserts, newspapers and distribution/logistics of mainly media; Packaging, which produces flexible packaging products and prints flexible labels; Education which develops educational content for various institutions from government to private colleges; and Other, which includes all non-print, packaging or education related transactions.
78GF Score

Get the complete analysis for NVSHF

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

$0.13
Price
$0.12
GF Value