TNTFF (PostNL NV) Graham Number: $N/A (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

TNTFF PostNL NV TNTFF
74 GF Score
Price $1.13
GF Value $1.34
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is PostNL NV Graham Number?

PostNL NV TNTFF 74 Graham Number is $N/A as of Dec. 2025. GuruFocus rates TNTFF with a GF Score™ of 74/100 and a GF Value™ of $1.34 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 742 Transportation companies, PostNL NV ranks worse than 134770.75% 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 (2026-07-24), the stock price of PostNL NV is $1.1348. PostNL NV's graham number for the quarter that ended in Dec. 2025 was $N/A. Therefore, PostNL NV's Price to Graham Number ratio for today is N/A.

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

During the past 13 years, the highest Price to Graham Number ratio of PostNL NV was 3.24. The lowest was 3.24. And the median was 3.24.

TNTFF'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.


PostNL NV  (OTCPK:TNTFF) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=1.1348/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.


PostNL NV Graham Number Related Terms


PostNL NV Graham Number Historical Data

* Premium members only.

The historical data trend for PostNL NV'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.

PostNL NV Graham Number Chart

PostNL NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 0.00 0.00 0.00 0.00

PostNL NV Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.00

TNTFF vs UPS, FDX, JBHT: Graham Number Comparison

For the Integrated Freight & Logistics subindustry, PostNL NV'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.


PostNL NV Price-to-Graham-Number vs Transportation Industry

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

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


TNTFF
74GF Score
PostNL NV TNTFF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PostNL NV Graham Number Calculation

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

PostNL NV'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*-0.451*0.034)
=N/A

PostNL NV's Graham Number for the quarter that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*-0.451*-0.038)
=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?
PostNL NV (TNTFF) has a Graham Number of $N/A as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on PostNL NV and its competitors. Over the past decade, PostNL NV's Graham Number has ranged from 3.24 to 3.24. According to the industry distribution chart, PostNL NV ranks #999999 out of 742 companies in the Transportation industry.
Is PostNL NV's Graham Number too high?
PostNL NV's current Graham Number is $N/A. Over the past 10 years, this metric has ranged from a low of 3.24 to a high of 3.24. Based on the distribution chart, PostNL NV ranks #999999 out of 742 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, PostNL NV has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PostNL NV's Graham Number compare to UPS and FDX?
According to the Transportation industry distribution chart, PostNL NV ranks #999999 out of 742 companies for Graham Number. This places PostNL NV in the lower half of its industry. The industry median Graham Number is 1.01. Historically, PostNL NV's own Graham Number has ranged from 3.24 to 3.24 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 742 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 PostNL NV 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. PostNL NV'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 PostNL NV stock overvalued right now?
Based on GuruFocus' analysis, PostNL NV (TNTFF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.34, compared to a current price of $1.13 — trading 15.3% below its estimated fair value. The current Graham Number is $N/A. PostNL NV's overall GF Score™ is 74/100 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 PostNL NV (TNTFF), the current Graham Number is $N/A 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 PostNL NV (TNTFF) Overvalued in 2026?

Based on GuruFocus' analysis, PostNL NV stock appears to be undervalued. The current stock price of $1.13 is trading 15.3% below its estimated GF Value™ of $1.34. GuruFocus considers PostNL NV to be Modestly Undervalued.

Key valuation signals for TNTFF:

  • Graham Number: $N/A
  • GF Value™: $1.34 vs. price of $1.13 (15.3% below fair value)
  • GF Score™: 74/100 with 3 warning signs

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


PostNL NV Business Description

Address Waldorpstraat 3, The Hague, NLD, 2521 CA
PostNL NV provides businesses and consumers in the Benelux with an extensive range of services for their mail and parcel needs. Through its international sales network, Spring connects local businesses with consumers globally. PostNL's services include collecting, sorting, transporting, and delivering letters and parcels for its customers within specified timeframes. The company also provides services in the area of data management, direct marketing, and fulfilment. It reports two operating segments: Parcels and Mail in the Netherlands, and one other segment: PostNL Other. The majority of its revenue is generated from the Parcels segment. Geographically, the company earns maximum revenue from the Netherlands, with the remainder coming from the rest of Europe and other markets.
74GF Score

Get the complete analysis for TNTFF

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

$1.13
Price
$1.34
GF Value