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Kaldalon hfOISE:KALD 55 Graham Number is kr9.98 as of Dec. 2025, which is 100% below its 10-year median of 2.22. GuruFocus rates OISE:KALD with a GF Score™ of 55/100 and a GF Value™ of kr34.29 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,168 Real Estate companies, Kaldalon hf ranks worse than 91.7% 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 (2026-07-27), the stock price of Kaldalon hf is kr25.60. Kaldalon hf's graham number for the quarter that ended in Dec. 2025 was kr9.98. Therefore, Kaldalon hf's Price to Graham Number ratio for today is 2.57.
The historical rank and industry rank for Kaldalon hf's Graham Number or its related term are showing as below:
OISE:KALD'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.96 Med: 2.22 Max: 2.57
Current: 2.57
During the past 9 years, the highest Price to Graham Number ratio of Kaldalon hf was 2.57. The lowest was 1.96. And the median was 2.22.
OISE:KALD's Price-to-Graham-Number is ranked worse than 91.7% of 1168
companies
in the Real Estate industry
Industry Median: 0.74
vs OISE:KALD: 2.57
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Kaldalon hf (OISE:KALD) 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.
Kaldalon hf's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
25.60
/
9.98
=
2.57
* 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.
Kaldalon hf Graham Number Related Terms
Kaldalon hf Graham Number Historical Data
* Premium members only.
The historical data trend for Kaldalon hf'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.
OISE:KALD vs CBRE, BEKE, JLL: Graham Number Comparison
For the Real Estate Services subindustry, Kaldalon hf'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.
Kaldalon hf Price-to-Graham-Number vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Kaldalon hf's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Kaldalon hf'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.
Kaldalon hf (OISE:KALD) has a Graham Number of kr9.98 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Kaldalon hf and its competitors. This is 350% above median its historical median of 2.22. Over the past decade, Kaldalon hf's Graham Number has ranged from 1.96 to 2.57. According to the industry distribution chart, Kaldalon hf ranks #1071 out of 1168 companies in the Real Estate industry, placing it in the top 91.7%.
Is Kaldalon hf's Graham Number too high?
Kaldalon hf's current Graham Number of kr9.98 is 350% above median its 10-year median of 2.22. Over the past 10 years, this metric has ranged from a low of 1.96 to a high of 2.57. Based on the distribution chart, Kaldalon hf ranks #1071 out of 1168 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Kaldalon hf has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kaldalon hf's Graham Number compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Kaldalon hf ranks #1071 out of 1168 companies for Graham Number. This places Kaldalon hf in the lower half of its industry. The industry median Graham Number is 0.74. Historically, Kaldalon hf's own Graham Number has ranged from 1.96 to 2.57 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 Real Estate company?
The median Graham Number among Real Estate companies is 0.74, based on 1,168 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 Kaldalon hf and its competitors. For the Real Estate industry, the median Graham Number is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaldalon hf's current Graham Number is kr9.98, which is 350% above median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaldalon hf stock overvalued right now?
Based on GuruFocus' analysis, Kaldalon hf (OISE:KALD) is currently considered Modestly Undervalued. The stock's GF Value™ is kr34.29, compared to a current price of kr25.60 — trading 25.3% below its estimated fair value. The current Graham Number is kr9.98, which is 350% above median its 10-year median of 2.22. Kaldalon hf's overall GF Score™ is 55/100 with 6 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 Kaldalon hf (OISE:KALD), the current Graham Number is kr9.98 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 Kaldalon hf (OISE:KALD) Overvalued in 2026?
Based on GuruFocus' analysis, Kaldalon hf stock appears to be undervalued.
The current stock price of kr25.60 is trading 25.3% below its estimated GF Value™ of kr34.29.
GuruFocus considers Kaldalon hf to be Modestly Undervalued.
Key valuation signals for OISE:KALD:
Graham Number: kr9.98 (350% above median its 10-year median of 2.22)
GF Value™: kr34.29 vs. price of kr25.60 (25.3% below fair value)
No single metric tells the full story. See the OISE:KALD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kaldalon hf is engaged in the real estate business, focusing on the acquisition, ownership, and management of income-generating properties. The company operates mainly as a commercial real estate investment company, with a portfolio of industrial, warehouse, and commercial properties, generating revenue mainly through leasing activities.
55GF Score
Get the complete analysis for OISE:KALD
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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