VAA-Vista Alegre Atlantis (XLIS:VAF) Graham Number: €0.56 (As of Mar. 2026) — 77% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

XLIS:VAF VAA-Vista Alegre Atlantis SA XLIS:VAF
86 GF Score
Price €1.08
GF Value €1.08
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is VAA-Vista Alegre Atlantis Graham Number?

VAA-Vista Alegre Atlantis XLIS:VAF 86 Graham Number is €0.56 as of Mar. 2026, which is 100% below its 10-year median of 2.40. GuruFocus rates XLIS:VAF with a GF Score™ of 86/100 and a GF Value™ of €1.08 (Fairly Valued). The stock has 3 warning signs investors should review. Among 283 Furnishings, Fixtures & Appliances companies, VAA-Vista Alegre Atlantis ranks worse than 69.96% 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 (2026-08-07), the stock price of VAA-Vista Alegre Atlantis is €1.08. VAA-Vista Alegre Atlantis's graham number for the quarter that ended in Mar. 2026 was €0.56. Therefore, VAA-Vista Alegre Atlantis's Price to Graham Number ratio for today is 1.94.

The historical rank and industry rank for VAA-Vista Alegre Atlantis's Graham Number or its related term are showing as below:

XLIS:VAF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.02   Med: 2.4   Max: 7.08
Current: 1.93

During the past 13 years, the highest Price to Graham Number ratio of VAA-Vista Alegre Atlantis was 7.08. The lowest was 1.02. And the median was 2.40.

XLIS:VAF's Price-to-Graham-Number is ranked worse than
69.96% of 283 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.13 vs XLIS:VAF: 1.93

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


VAA-Vista Alegre Atlantis  (XLIS:VAF) 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.

VAA-Vista Alegre Atlantis's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=1.08/0.56
=1.94

* 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.


VAA-Vista Alegre Atlantis Graham Number Related Terms


VAA-Vista Alegre Atlantis Graham Number Historical Data

* Premium members only.

The historical data trend for VAA-Vista Alegre Atlantis'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.

VAA-Vista Alegre Atlantis Graham Number Chart

VAA-Vista Alegre Atlantis 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 0.28 0.49 0.64 0.49 0.53

VAA-Vista Alegre Atlantis 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 0.47 0.49 0.40 0.53 0.56

XLIS:VAF vs SN, SGI, MHK: Graham Number Comparison

For the Furnishings, Fixtures & Appliances subindustry, VAA-Vista Alegre Atlantis'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.


VAA-Vista Alegre Atlantis Price-to-Graham-Number vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, VAA-Vista Alegre Atlantis's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where VAA-Vista Alegre Atlantis's Price-to-Graham-Number falls into.


XLIS:VAF
86GF Score
VAA-Vista Alegre Atlantis SA XLIS:VAF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VAA-Vista Alegre Atlantis Graham Number Calculation

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

VAA-Vista Alegre Atlantis'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*0.522*0.024)
=0.53

VAA-Vista Alegre Atlantis'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*0.528*0.026)
=0.56

* 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 €0.56 mean?
VAA-Vista Alegre Atlantis (XLIS:VAF) has a Graham Number of €0.56 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on VAA-Vista Alegre Atlantis and its competitors. This is 77% below median its historical median of 2.40. Over the past decade, VAA-Vista Alegre Atlantis' Graham Number has ranged from 1.02 to 7.08. According to the industry distribution chart, VAA-Vista Alegre Atlantis ranks #198 out of 283 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 70%.
Is VAA-Vista Alegre Atlantis' Graham Number too high?
VAA-Vista Alegre Atlantis' current Graham Number of €0.56 is 77% below median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 7.08. Based on the distribution chart, VAA-Vista Alegre Atlantis ranks #198 out of 283 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, VAA-Vista Alegre Atlantis has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VAA-Vista Alegre Atlantis' Graham Number compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, VAA-Vista Alegre Atlantis ranks #198 out of 283 companies for Graham Number. This places VAA-Vista Alegre Atlantis in the lower half of its industry. The industry median Graham Number is 1.13. Historically, VAA-Vista Alegre Atlantis' own Graham Number has ranged from 1.02 to 7.08 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 Furnishings, Fixtures & Appliances company?
The median Graham Number among Furnishings, Fixtures & Appliances companies is 1.13, based on 283 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 VAA-Vista Alegre Atlantis and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Graham Number is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VAA-Vista Alegre Atlantis's current Graham Number is €0.56, which is 77% below median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VAA-Vista Alegre Atlantis stock overvalued right now?
Based on GuruFocus' analysis, VAA-Vista Alegre Atlantis (XLIS:VAF) is currently considered Fairly Valued. The stock's GF Value™ is €1.08, compared to a current price of €1.08 — trading right at its estimated fair value. The current Graham Number is €0.56, which is 77% below median its 10-year median of 2.40. VAA-Vista Alegre Atlantis' overall GF Score™ is 86/100 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 VAA-Vista Alegre Atlantis (XLIS:VAF), the current Graham Number is €0.56 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 VAA-Vista Alegre Atlantis (XLIS:VAF) Overvalued in 2026?

Based on GuruFocus' analysis, VAA-Vista Alegre Atlantis stock appears to be undervalued. The current stock price of €1.08 is trading 0% below its estimated GF Value™ of €1.08. GuruFocus considers VAA-Vista Alegre Atlantis to be Fairly Valued.

Key valuation signals for XLIS:VAF:

  • Graham Number: €0.56 (77% below median its 10-year median of 2.40)
  • GF Value™: €1.08 vs. price of €1.08 (0% below fair value)
  • GF Score™: 86/100 with 3 warning signs

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


VAA-Vista Alegre Atlantis Business Description

Other Exchanges 0ZW8:UK
Address Rua Nova da Trindade no 1, r/c esqdo, Lisboa, PRT, 1200 301
VAA-Vista Alegre Atlantis SA manufactures and distributes porcelain and ceramic items to wholesalers, retail shops, and direct customers in both the domestic and international markets. The company segments include Porcelain & other products, Stoneware, Crystal & Glass, and Earthenware. It derives maximum revenue from Stoneware. The company's geographical segments include Portugal, Spain, France, Germany, Italy, The Netherlands, Australia, the USA, the United Kingdom, Brazil, the Rest of Europe, and Other countries.
86GF Score

Get the complete analysis for XLIS:VAF

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

€1.08
Price
€1.08
GF Value