Soiltech ASA (OSL:STECH) Graham Number: kr52.64 (As of Mar. 2026) — 3888% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

OSL:STECH Soiltech ASA OSL:STECH
15 GF Score
Price kr89.40
! 5 Warning Signs
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What is Soiltech ASA Graham Number?

Soiltech ASA OSL:STECH +1.59% 15 Graham Number is kr52.64 as of Mar. 2026, which is 100% below its 10-year median of 1.32. GuruFocus rates OSL:STECH with a GF Score™ of 15/100. The stock has 5 warning signs investors should review. Among 138 Waste Management companies, Soiltech ASA ranks worse than 58.7% 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 (2026-07-14), the stock price of Soiltech ASA is kr89.40. Soiltech ASA's graham number for the quarter that ended in Mar. 2026 was kr52.64. Therefore, Soiltech ASA's Price to Graham Number ratio for today is 1.70.

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

OSL:STECH' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.12   Med: 1.32   Max: 1.7
Current: 1.7

During the past 5 years, the highest Price to Graham Number ratio of Soiltech ASA was 1.70. The lowest was 1.12. And the median was 1.32.

OSL:STECH's Price-to-Graham-Number is ranked worse than
58.7% of 138 companies
in the Waste Management industry
Industry Median: 1.435 vs OSL:STECH: 1.70

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


Soiltech ASA  (OSL:STECH) 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.

Soiltech ASA's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=89.40/52.64
=1.70

* 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.


Soiltech ASA Graham Number Related Terms


Soiltech ASA Graham Number Historical Data

* Premium members only.

The historical data trend for Soiltech ASA'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.

Soiltech ASA Graham Number Chart

Soiltech ASA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
0.00 26.71 39.14 38.26 50.24

Soiltech ASA Quarterly Data
Dec21 Dec22 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 43.43 47.41 51.06 50.37 52.64

OSL:STECH vs WM, RSG, WCN: Graham Number Comparison

For the Waste Management subindustry, Soiltech ASA'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.


Soiltech ASA Price-to-Graham-Number vs Waste Management Industry

For the Waste Management industry and Industrials sector, Soiltech ASA's Price-to-Graham-Number distribution charts can be found below:

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


OSL:STECH
15GF Score
Soiltech ASA OSL:STECH
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Soiltech ASA Graham Number Calculation

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

Soiltech ASA'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*29.517*3.8)
=50.24

Soiltech ASA'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*30.712*4.01)
=52.64

* 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 kr52.64 mean?
Soiltech ASA (OSL:STECH) has a Graham Number of kr52.64 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Soiltech ASA and its competitors. This is 3888% above median its historical median of 1.32. Over the past decade, Soiltech ASA's Graham Number has ranged from 1.12 to 1.70. According to the industry distribution chart, Soiltech ASA ranks #81 out of 138 companies in the Waste Management industry, placing it in the top 58.7%.
Is Soiltech ASA's Graham Number too high?
Soiltech ASA's current Graham Number of kr52.64 is 3888% above median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 1.70. Based on the distribution chart, Soiltech ASA ranks #81 out of 138 companies in the Waste Management industry, which is below the industry midpoint. Overall, Soiltech ASA has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Soiltech ASA's Graham Number compare to WM and RSG?
According to the Waste Management industry distribution chart, Soiltech ASA ranks #81 out of 138 companies for Graham Number. This places Soiltech ASA in the lower half of its industry. The industry median Graham Number is 1.44. Historically, Soiltech ASA's own Graham Number has ranged from 1.12 to 1.70 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 Waste Management company?
The median Graham Number among Waste Management companies is 1.44, based on 138 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 Soiltech ASA and its competitors. For the Waste Management industry, the median Graham Number is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Soiltech ASA's current Graham Number is kr52.64, which is 3888% above median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Soiltech ASA stock overvalued right now?
Soiltech ASA (OSL:STECH) has a current Graham Number of kr52.64. The current Graham Number is kr52.64, which is 3888% above median its 10-year median of 1.32. Soiltech ASA's overall GF Score™ is 15/100 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 Soiltech ASA (OSL:STECH), the current Graham Number is kr52.64 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.

Soiltech ASA Business Description

Other Exchanges 6YA:Germany
Address Koppholen 25, Sandnes, NOR, 4313
Soiltech ASA is specializing in the treatment, recycling, and responsible handling of contaminated water and solid industrial waste streams at the site. Its services are Slop treatment, Water treatment, Cutting handling, Cutting treatment, Swarf treatment, Cleaning services, and Other services.
15GF Score

Get the complete analysis for OSL:STECH

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

kr89.40
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