GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Spring Valley Acquisition Corp (NAS:SV) » Definitions » Graham Number

Spring Valley Acquisition (Spring Valley Acquisition) Graham Number : $4.11 (As of Dec. 2021)


View and export this data going back to 2020. Start your Free Trial

What is Spring Valley Acquisition Graham Number?

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 (2024-05-25), the stock price of Spring Valley Acquisition is $10.00. Spring Valley Acquisition's graham number for the quarter that ended in Dec. 2021 was $4.11. Therefore, Spring Valley Acquisition's Price to Graham Number ratio for today is 2.44.

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

SV's Price-to-Graham-Number is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.84
* 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.


Spring Valley Acquisition Graham Number Historical Data

The historical data trend for Spring Valley Acquisition'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.

* Premium members only.

Spring Valley Acquisition Graham Number Chart

Spring Valley Acquisition Annual Data
Trend Dec20 Dec21
Graham Number
- 4.11

Spring Valley Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21
Graham Number - - - - 4.11

Competitive Comparison of Spring Valley Acquisition's Graham Number

For the Shell Companies subindustry, Spring Valley Acquisition'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.


Spring Valley Acquisition's Price-to-Graham-Number Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Spring Valley Acquisition's Price-to-Graham-Number distribution charts can be found below:

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



Spring Valley Acquisition Graham Number Calculation

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

Spring Valley Acquisition's Graham Number for the fiscal year that ended in Dec. 2021 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*6.813*0.11)
=4.11

Spring Valley Acquisition's Graham Number for the quarter that ended in Dec. 2021 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*6.813*0.11)
=4.11

* 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.


Spring Valley Acquisition  (NAS:SV) 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.

Spring Valley Acquisition's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2021 )
=10.00/4.11
=2.44

* 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.


Spring Valley Acquisition Graham Number Related Terms

Thank you for viewing the detailed overview of Spring Valley Acquisition's Graham Number provided by GuruFocus.com. Please click on the following links to see related term pages.


Spring Valley Acquisition (Spring Valley Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2100 McKinney Avenue, Suite 1675, Dallas, TX, USA, 75201
Spring Valley Acquisition Corp is a blank check company.
Executives
Robert K Temple officer: General Counsel 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Rudy Murgo officer: Treasurer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Ibk Securities Co., Ltd. 10 percent owner 11 GUKJEGEUMYUNG-RO 6-GIL, YEONGDEUNGPO-GU, SEOUL M5 07330
Ds Asset Management Co., Ltd. 10 percent owner 10, GUKJEGEUMYUNG-RO, YEONGDEUNGPO-GU, 14TH FLOOR, SEOUL M5 07326
Soo Jang Dok 10 percent owner 10, GUKJEGEUMYUNG-RO, YEONGDEUNGPO-GU, 14TH FLOOR, SEOUL M5 07326
Dae Seok Bae 10 percent owner 9F, 21, YEOUIDAEBANG-RO 67-GIL, YEONGDEUNGPO-GU, SEOUL M5 07333
Bh Investment & Liberty Ltd. 10 percent owner 9F, 21, YEOUIDAEBANG-RO 67-GIL, YEONGDEUNGPO-GU, SEOUL M5 07333
Ds Private Equity Co., Ltd. 10 percent owner 10, GUKJEGEUMYUNG-RO, YEONGDEUNGPO-GU, 14TH FLOOR, SEOUL M5 07326
Green Energy New Technology Investment Fund 10 percent owner 22F, D TOWER 134, TONGIL-RO, JONGNO-GU, SEOUL M5
Samsung C&t Corp 10 percent owner 26, SANGIL-RO 6-GIL, GANGDONG-GU, SEOUL M5 05288
Alan L Boeckmann director C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Thomas P Mundy officer: Chief Commercial Officer 6550 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
John Lawrence Hopkins director, officer: Chief Executive Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Chris Colbert officer: Chief Financial Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Kent Kresa director 150 N. ORANGE GROVE BLVD, PASADENA CA 91103

Spring Valley Acquisition (Spring Valley Acquisition) Headlines

From GuruFocus

Fluor-held NuScale Equity Purchased by Japanese Partner

By Business Wire Business Wire 04-04-2022

Spring Valley Announces Extension of Redemption Deadline

By Business Wire Business Wire 08-24-2021