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Amerant Bancorp Graham Number

: $38.53 (As of Mar. 2022)
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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 (2022-05-19), the stock price of Amerant Bancorp is $27.77. Amerant Bancorp's graham number for the quarter that ended in Mar. 2022 was $38.53. Therefore, Amerant Bancorp's Price to Graham Number ratio for today is 0.72.

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

AMTB' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.62   Med: 0.94   Max: 1.82
Current: 0.72

During the past 7 years, the highest Price to Graham Number ratio of Amerant Bancorp was 1.82. The lowest was 0.62. And the median was 0.94.

AMTB's Price-to-Graham-Number is ranked worse than
54.62% of 1395 companies
in the Banks industry
Industry Median: 0.69 vs AMTB: 0.72

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


Amerant Bancorp Graham Number Historical Data

The historical data trend for Amerant Bancorp'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.

Amerant Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Graham Number
Premium Member Only Premium Member Only 24.15 20.24 22.59 - 39.22

Amerant Bancorp Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Graham Number 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 Premium Member Only Premium Member Only Premium Member Only 10.66 22.05 26.30 39.28 38.53

Competitive Comparison

For the Banks - Regional subindustry, Amerant Bancorp's Graham Number, along with its competitors' market caps and 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.

   

Amerant Bancorp Graham Number Distribution

For the Banks industry and Financial Services sector, Amerant Bancorp's Graham Number distribution charts can be found below:

* The bar in red indicates where Amerant Bancorp's Graham Number falls into.



Amerant Bancorp Graham Number Calculation

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

Amerant Bancorp'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*22.712*3.01)
=39.22

Amerant Bancorp's Graham Number for the quarter that ended in Mar. 2022 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*21.355*3.09)
=38.53

* 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.


Amerant Bancorp  (NAS:AMTB) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2022 )
=27.77/38.53
=0.72

* 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.


Amerant Bancorp Graham Number Related Terms

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


Amerant Bancorp Business Description

Amerant Bancorp logo
Industry
Financial Services » Banks NAICS : 522110 SIC : 6022
Traded in Other Exchanges
Address
220 Alhambra Circle, Coral Gables, FL, USA, 33134
Amerant Bancorp Inc is a bank holding company. Through its bank, it provides individuals and businesses deposit, credit, investment, wealth management and fiduciary services, both in the United States and to select international customers. The bank also provides banking services through traditional channels, such as banking centers and ATMs, as well as via secure websites, mobile devices, and telephone.
Executives
Quelch John director C/O INVERNESS MEDICAL INNOVATIONS INC 51 SAWYER RD WALTHAM MA 02453
Holroyd Samantha director 1711 MARAVILLA DR. HOUSTON TX 77055
Ashford Orlando D director C/O AMERANT BANK 220 ALHAMBRA CR. CORAL GABLES FL 33134
Suarez Oscar director 220 ALHAMBRA CR. CORAL GABLES FL 33134
Iafigliola Carlos officer: See remarks 220 ALHAMBRA CIRCLE CORAL GABLES FL 33134
Lare Dolores M director 220 ALHAMBRA CIRCLE CORAL GABLES FL 33134
Fleitas Armando officer: See remarks 220 ALHAMBRA CIRCLE CORAL GABLES FL 33134
Plush Gerald P director WEBSTER FINANCIAL CORPORATION 145 BANK STREET WATERBURY CT 06702
Quill John Walton director 220 ALHAMBRA CIRCLE CORAL GABLES FL 33134
Trabanco Jorge officer: Chief Accounting Officer 220 ALHAMBRA CIRCLE CORAL GABLES FL 33134
Figueredo Alfonso officer: See Remarks 220 ALHAMBRA CIRCLE CORAL GABLES FL 33134
Villamil Jose Antonio director 2601 SOUTH BAYSHORE DRIVE, PH II COCONUT GROVE FL 33133
Copeland Frederick C Jr director 220 ALHAMBRA CIRCLE CORAL GABLES FL 33134
Gonzalez S Alejandro director 220 ALHAMBRA CIRCLE CORAL GABLES FL 33134
Mercantil Servicios Financieros, C.a. 10 percent owner C/O IVAN TRUJILLO 220 ALHAMBRA CIRCLE CORAL GABLES FL 33134

Amerant Bancorp Headlines

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