SATS (SPASY) Graham Number: $N/A (As of Mar. 2026)


SPASY SATS Ltd SPASY
63 GF Score
Price $34.04
GF Value $31.92
Valuation Fairly Valued
! 9 Warning Signs
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What is SATS Graham Number?

SATS SPASY 63 Graham Number is $N/A as of Mar. 2026. GuruFocus rates SPASY with a GF Score™ of 63/100 and a GF Value™ of $31.92 (Fairly Valued). The stock has 9 warning signs investors should review. Among 753 Transportation companies, SATS ranks worse than 132801.99% 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 (2026-06-24), the stock price of SATS is $34.04. SATS's graham number for the quarter that ended in Mar. 2026 was $N/A. Therefore, SATS's Price to Graham Number ratio for today is N/A.

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

During the past 13 years, the highest Price to Graham Number ratio of SATS was 10.26. The lowest was 1.59. And the median was 2.07.

SPASY's Price-to-Graham-Number is not ranked *
in the Transportation industry.
Industry Median: 1.01
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


SATS  (OTCPK:SPASY) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=34.04/N/A
=N/A

* 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.


SATS Graham Number Related Terms


SATS Graham Number Historical Data

* Premium members only.

The historical data trend for SATS'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.

SATS Graham Number Chart

SATS 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 3.01 2.02 0.00 0.00 0.00

SATS 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 21.19 0.00

SPASY vs JOBY, CAAP: Graham Number Comparison

For the Airports & Air Services subindustry, SATS'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.


SATS Price-to-Graham-Number vs Transportation Industry

For the Transportation industry and Industrials sector, SATS's Price-to-Graham-Number distribution charts can be found below:

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


SPASY
63GF Score
SATS Ltd SPASY
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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SATS Graham Number Calculation

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

SATS'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*-3.751*1.469)
=N/A

SATS'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*-3.751*1.463)
=N/A

* 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 $N/A mean?
SATS (SPASY) has a Graham Number of $N/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on SATS and its competitors. Over the past decade, SATS's Graham Number has ranged from 1.59 to 10.26. According to the industry distribution chart, SATS ranks #999999 out of 753 companies in the Transportation industry.
Is SATS's Graham Number too high?
SATS's current Graham Number is $N/A. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 10.26. Based on the distribution chart, SATS ranks #999999 out of 753 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, SATS has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SATS's Graham Number compare to JOBY and CAAP?
According to the Transportation industry distribution chart, SATS ranks #999999 out of 753 companies for Graham Number. This places SATS in the lower half of its industry. The industry median Graham Number is 1.01. Historically, SATS's own Graham Number has ranged from 1.59 to 10.26 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 Transportation company?
The median Graham Number among Transportation companies is 1.01, based on 753 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 SATS and its competitors. For the Transportation industry, the median Graham Number is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SATS's current Graham Number is $N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SATS stock overvalued right now?
Based on GuruFocus' analysis, SATS (SPASY) is currently considered Fairly Valued. The stock's GF Value™ is $31.92, compared to a current price of $34.04 — trading 6.6% above its estimated fair value. The current Graham Number is $N/A. SATS's overall GF Score™ is 63/100 with 9 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 SATS (SPASY), the current Graham Number is $N/A 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 SATS (SPASY) Overvalued in 2026?

Based on GuruFocus' analysis, SATS stock appears to be overvalued. The current stock price of $34.04 is trading 6.6% above its estimated GF Value™ of $31.92. GuruFocus considers SATS to be Fairly Valued.

Key valuation signals for SPASY:

  • Graham Number: $N/A
  • GF Value™: $31.92 vs. price of $34.04 (6.6% above fair value)
  • GF Score™: 63/100 with 9 warning signs

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


SATS Business Description

Address 20 Airport Boulevard, SATS Inflight Catering Centre 1, Singapore, SGP, 819659
SATS Ltd is a Singapore-based provider of ground-handling and in-flight catering services for air transportation in Asia and Australia. Additionally, it offers food distribution and logistics, industrial catering, and other amenities for hospitality and government agencies. The company has three reportable segments: food solutions (segment by revenue), gateway services, and others. The company has partnerships with multiple airlines to provide catering during flights and offers experience in planning airline menus, institutional catering, linen, and laundry to improve the airline's appearance. Gateway services cover the gamut of procedures airports must handle for each passenger. Baggage, ramp handling, passenger services, and terminal management are all offered to customers.
63GF Score

Get the complete analysis for SPASY

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

$34.04
Price
$31.92
GF Value