Graham Formula Stock Screener

RGV min:        RGV max:

Yield on AAA corporate bonds (Y): %

 
2016 backtesting*:  +35.2%

*average 2016 performance of 161 stocks that at the beginning of 2016 had the parameters you selected.

Only on this site!

Use value-price divergence and intrinsic value to find stocks that are expected to outperform the market by a wide margin. There is instant backtesting on 2016 results.

STOCK SCREENER

STOCK SCREENING RESULTS
Stocks Listed in the USA

Ticker Company name Net Inc.
3yr avg.
$ mln
No. of
shares
mln
Avg.
EPS
$/share
Growth
rate
%
Stock
price
$/share
Intrinsic
value
$/share
RGV X-FIN
Intrinsic
value
Potential
%
Rating
AFSI AmTrust Financial Service 426 196 2.17 50 9.050 19.74 2.2 191.11 +2,012% str.buy
ALN American Lorain 8 38 0.21 -140 0.250 1.14 4.6 1.25 +399% str.buy
BBBY Bed Bath&Beyond 828 143 5.77 50 21.020 52.45 2.5 102.67 +388% str.buy
BCRH Blue Capital Reinsurance 17 9 1.94 50 12.050 17.63 1.5 19.41 +61% str.buy
BPY Brookfield Property Partn 960 256 3.75 50 21.940 34.09 1.6 76.99 +251% str.buy
BZH Beazer Homes USA 128 34 3.82 50 20.500 34.68 1.7 6.07 -70% str.sell
CAAS China Automotive Systems 28 32 0.88 50 5.090 8.04 1.6 2.37 -53% str.sell
CARS Cars.com 309 72 4.31 50 24.000 39.2 1.6 13.80 -43% sell
CBB Cincinnati Bell 177 42 4.2 50 19.700 38.13 1.9 1.02 -95% str.sell
CGA China Green Agriculture 27 39 0.7 50 1.290 6.36 4.9 5.88 +356% str.buy
CODI Compass Diversified Holdi 165 60 2.77 50 16.650 25.13 1.5 11.99 -28% sell
CPSS Consumer Portfolio Servic 31 23 1.36 50 4.250 12.39 2.9 12.45 +193% str.buy
CXDC China XD Plastics 102 50 2.06 50 4.850 18.72 3.9 16.54 +241% str.buy
DISCA Discovery Communications 1122 368 3.05 50 17.550 27.73 1.6 55.63 +217% str.buy
DISCB Discovery Communications 1122 316 3.55 50 21.700 32.22 1.5 64.63 +198% str.buy
DISCK Discovery Communications 1122 389 2.89 50 16.460 26.22 1.6 52.59 +220% str.buy
DRAD Digirad 13 20 0.65 50 2.450 5.91 2.4 1.11 -55% str.sell
HIBB Hibbett Sports 69 21 3.36 50 17.100 30.53 1.8 49.02 +187% str.buy
HOV Hovnanian Enterprises Cl 96 147 0.65 50 2.490 5.94 2.4 0.99 -60% str.sell
IMH IMPAC Mortgage Holdings 41 21 1.96 50 11.730 17.83 1.5 25.30 +116% str.buy
IRCP IRSA Propiedades Comercia 371 31 11.95 50 57.250 108.55 1.9 2,850.24 +4,879% str.buy
IRS IRSA-Inversiones y Repres 308 58 5.29 50 29.050 48.06 1.7 4,564.33 +15,612% str.buy
JASO JA Solar Holdings ADR 83 48 1.74 50 7.450 15.85 2.1 33.89 +355% str.buy
JKS JinkoSolar Holding ADR 153 33 4.7 50 27.170 42.72 1.6 39.97 +47% buy
KEP Korea Electric Power ADR 6623 1284 5.16 50 17.350 46.88 2.7 32.54 +88% str.buy
KGJI Kingold Jewelry 54 66 0.82 50 2.290 7.43 3.2 76.37 +3,235% str.buy
KREF KKR Real Estate Finance T 175 54 3.25 50 20.270 29.52 1.5 355.85 +1,656% str.buy
LEXEA Liberty Expedia Holdings 873 57 15.27 50 46.090 138.79 3 1,565.46 +3,297% str.buy
MHLD Maiden Holdings 91 87 1.05 50 6.150 9.55 1.6 41.48 +574% str.buy
NHTC Natural Health Trends 41 11 3.61 50 18.460 32.85 1.8 35.48 +92% str.buy
NTL Nortel Inversora ADR 130 3 44.23 50 43.170 401.94 9.3 4,836.58 +11,104% str.buy
ONP Orient Paper 10 21 0.47 0 1.270 3.79 3 4.75 +274% str.buy
RAD Rite Aid 759 1062 0.71 50 1.590 6.5 4.1 2.77 +74% str.buy
RRTS Roadrunner Transportation 50 38 1.3 50 7.810 11.85 1.5 32.51 +316% str.buy
SHIP Seanergy Maritime Holding 15 37 0.41 50 1.050 3.69 3.5 3.05 +190% str.buy
TGNA TEGNA 653 215 3.04 50 13.010 27.62 2.1 35.16 +170% str.buy
TNK Teekay Tankers 101 159 0.63 50 1.430 5.76 4 5.16 +261% str.buy
TRTX TPG RE Finance Trust 6350 60 105.82 50 19.330 961.54 49.7 29.41 +52% str.buy
VSI Vitamin Shoppe 46 24 1.93 50 4.200 17.57 4.2 38.16 +809% str.buy

The complete list of 39 stocks matching your screening parameters:

AFSI, ALN, BBBY, BCRH, BPY, BZH, CAAS, CARS, CBB, CGA, CODI, CPSS, CXDC, DISCA, DISCB, DISCK, DRAD, HIBB, HOV, IMH, IRCP, IRS, JASO, JKS, KEP, KGJI, KREF, LEXEA, MHLD, NHTC, NTL, ONP, RAD, RRTS, SHIP, TGNA, TNK, TRTX, VSI

You may copy and paste this list into YOUR PORTFOLIO.


About Graham Formula Stock Screener

Contrary to common belief, Benjamin Graham and David Dodd did not provide any indication that they used a formula or a specific algorithm for determining intrinsic value of a common stock. According to them, "security analysis does not seek to determine exactly what is the intrinsic value of a given security". It can only asses if the price is low or high enough. The intrinsic value is a range with vaguely defined limits, not a specific number.

In The Intelligent Investor, Benjamin Graham provides a simple formula, that, in his own words, only "approximates the results of the more elaborate calculations in vogue" (i.e. other methods) for the valuation of growth stocks. He never actually suggested or implied that that the formula gives the "true value" of a growth stock. This formula appeared in the text in the context of the discussion how unreliable predictions of future growth rates are.

The formula was slightly revised in 1974 to adjust for variations in market interest rates and was described as follows:

Graham formula

where V* is intrinsic value of a stock, EPS is the company’s last 12-month earnings per share, 8.5 is the constant representing the appropriate P/E ratio for a no-growth company as proposed by Graham, g is the company’s long-term (five years) earnings growth estimate, 4.4 is the average yield of high-grade corporate bonds in 1962, when this model was first introduced, and Y is the current yield on 20yr AAA corporate bonds.

Despite specific warnings from the author, the equation, known as the Benjamin Graham formula, is commonly used today for valuation of stocks.

Overzealous Graham followers even introduced the notion of relative Graham value (RGV), which is calculated as the ratio of stock's intrinsic value (V*) to its current price (P):

Relative Graham Value

For overvalued stocks RGV is less than one, while for undervalued ones it is greater than one.

Follow us on:   twitter   twitter   twitter   twitter

VALUATION THEORY       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2017. All rigths reserved.