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Barington/Hilco Acquisition (Barington/Hilco Acquisition) Graham Number : $N/A (As of Mar. 2018)


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What is Barington/Hilco 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 (2024-04-27), the stock price of Barington/Hilco Acquisition is $9.85. Barington/Hilco Acquisition's graham number for the quarter that ended in Mar. 2018 was $N/A. Therefore, Barington/Hilco Acquisition's Price to Graham Number ratio for today is N/A.

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

BHAC's Price-to-Graham-Number is not ranked *
in the Conglomerates industry.
Industry Median: 0.88
* 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.


Barington/Hilco Acquisition Graham Number Historical Data

The historical data trend for Barington/Hilco 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.

Barington/Hilco Acquisition Graham Number Chart

Barington/Hilco Acquisition Annual Data
Trend Dec14 Dec15 Dec16 Dec17
Graham Number
- - - -

Barington/Hilco Acquisition Quarterly Data
Oct14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 - - - - -

Competitive Comparison of Barington/Hilco Acquisition's Graham Number

For the Conglomerates subindustry, Barington/Hilco 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.


Barington/Hilco Acquisition's Price-to-Graham-Number Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Barington/Hilco Acquisition's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Barington/Hilco Acquisition's Price-to-Graham-Number falls into.



Barington/Hilco Acquisition Graham Number Calculation

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

Barington/Hilco Acquisition's Graham Number for the fiscal year that ended in Dec. 2017 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*1.796*-1.05)
=N/A

Barington/Hilco Acquisition's Graham Number for the quarter that ended in Mar. 2018 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*2.226*-1.028)
=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.


Barington/Hilco Acquisition  (OTCPK:BHAC) 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.

Barington/Hilco Acquisition's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2018 )
=9.85/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.


Barington/Hilco Acquisition Graham Number Related Terms

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Barington/Hilco Acquisition (Barington/Hilco Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
Barington/Hilco Acquisition Corp is a blank check company.
Executives
James A Mitarotonda director, 10 percent owner 888 SEVENTH AVENUE 17TH FL, NEW YORK NY 10019
Robert L Mettler director 17612 EL VUELO, RANCHO SANTA FE CA 92067
Jeffrey D Nuechterlein director, officer: Chairman of the Board 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Frank R Mori director
Barington Companies Advisors, Llc 10 percent owner C/O BARINGTON CAPITAL GROUP, L.P., 888 SEVENTH AVENUE, 17TH FLOOR, NEW YORK NY 10019
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Hilco Trading, Llc 10 percent owner 5 REVERE DRIVE, SUITE 206, NORTHBROOK IL 60062
Jeffrey Bruce Hecktman director, 10 percent owner 5 REVERE DRIVE, SUITE 206, NORTHBROOK IL 60062
North Pole Capital Master Fund 10 percent owner C/O POLAR ASSET MANAGEMENT PARTNERS INC., 401 BAY ST., SUITE 1900, PO BOX 19, TORONTO A6 M5H 2Y4

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