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Solution DynamicsNZSE:SDL 65 Graham Number is NZ$0.71 as of Dec. 2025, which is 100% below its 10-year median of 3.05. GuruFocus rates NZSE:SDL with a GF Score™ of 65/100 and a GF Value™ of NZ$0.99 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,486 Software companies, Solution Dynamics ranks better than 85.4% 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 (2026-08-18), the stock price of Solution Dynamics is NZ$0.58. Solution Dynamics's graham number for the quarter that ended in Dec. 2025 was NZ$0.71. Therefore, Solution Dynamics's Price to Graham Number ratio for today is 0.82.
The historical rank and industry rank for Solution Dynamics's Graham Number or its related term are showing as below:
NZSE:SDL'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.36 Med: 3.05 Max: 5.34
Current: 0.82
During the past 13 years, the highest Price to Graham Number ratio of Solution Dynamics was 5.34. The lowest was 0.36. And the median was 3.05.
NZSE:SDL's Price-to-Graham-Number is ranked better than 85.4% of 1486
companies
in the Software industry
Industry Median: 1.9
vs NZSE:SDL: 0.82
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Solution Dynamics (NZSE:SDL) 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.
Solution Dynamics's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
0.58
/
0.71
=
0.82
* 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.
Solution Dynamics Graham Number Related Terms
Solution Dynamics Graham Number Historical Data
* Premium members only.
The historical data trend for Solution Dynamics'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.
NZSE:SDL vs QH, SHOP, UBER: Graham Number Comparison
For the Software - Application subindustry, Solution Dynamics'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.
Solution Dynamics Price-to-Graham-Number vs Software Industry
For the Software industry and Technology sector, Solution Dynamics's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Solution Dynamics'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.
Solution Dynamics (NZSE:SDL) has a Graham Number of NZ$0.71 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Solution Dynamics and its competitors. This is 77% below median its historical median of 3.05. Over the past decade, Solution Dynamics' Graham Number has ranged from 0.36 to 5.34. According to the industry distribution chart, Solution Dynamics ranks #217 out of 1486 companies in the Software industry, placing it in the top 14.6%.
Is Solution Dynamics' Graham Number too high?
Solution Dynamics' current Graham Number of NZ$0.71 is 77% below median its 10-year median of 3.05. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 5.34. Based on the distribution chart, Solution Dynamics ranks #217 out of 1486 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Solution Dynamics has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solution Dynamics' Graham Number compare to QH and SHOP?
According to the Software industry distribution chart, Solution Dynamics ranks #217 out of 1486 companies for Graham Number. This places Solution Dynamics in the top 15% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.90. Historically, Solution Dynamics' own Graham Number has ranged from 0.36 to 5.34 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 Software company?
The median Graham Number among Software companies is 1.90, based on 1,486 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 Solution Dynamics and its competitors. For the Software industry, the median Graham Number is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solution Dynamics's current Graham Number is NZ$0.71, which is 77% below median its own 10-year median of 3.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solution Dynamics stock overvalued right now?
Based on GuruFocus' analysis, Solution Dynamics (NZSE:SDL) is currently considered Significantly Undervalued. The stock's GF Value™ is NZ$0.99, compared to a current price of NZ$0.58 — trading 41.4% below its estimated fair value. The current Graham Number is NZ$0.71, which is 77% below median its 10-year median of 3.05. Solution Dynamics' overall GF Score™ is 65/100 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 Solution Dynamics (NZSE:SDL), the current Graham Number is NZ$0.71 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.
Is Solution Dynamics (NZSE:SDL) Overvalued in 2026?
Based on GuruFocus' analysis, Solution Dynamics stock appears to be undervalued.
The current stock price of NZ$0.58 is trading 41.4% below its estimated GF Value™ of NZ$0.99.
GuruFocus considers Solution Dynamics to be Significantly Undervalued.
Key valuation signals for NZSE:SDL:
Graham Number: NZ$0.71 (77% below median its 10-year median of 3.05)
GF Value™: NZ$0.99 vs. price of NZ$0.58 (41.4% below fair value)
No single metric tells the full story. See the NZSE:SDL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solution Dynamics Ltd is a company engaged in providing customer communications solutions. Its products and services are represented by revenue streams: Digital Printing & Document Handling Services; and Software and Technology, Outsourced services. Services include digital print and mail house processing for mail items like invoices, statements, and promotional materials. Software and Technology develop and markets its software products related to multi-channel marketing communications including digital asset management, communication templates, campaign management, document archiving, document composition, and desktop mail solutions among others. Its outsourced services elements are the post, freight, paper, and envelopes.
65GF Score
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