# Graham Corporation (GHM) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Machinery. Price $87.78, market value $1.0 billion.

## Valuation
- **P/E (trailing): 85.2×** (5-yr avg 149.3×, 3-yr avg 53.8×). Graham Corporation trades at 85.2× trailing earnings, well below its own five-year average of 149.3×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 38.8×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 3.9×**. Each dollar of revenue is priced at 3.9×.
- **Price / book: 5.4×**. The shares trade at 5.4× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 44.6×**. Enterprise value is 44.6× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: -0.6%** (5-yr avg 2.0%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 1.2%**. The inverse of the P/E: 1.2% of the price is earned each year.

## Profitability
- **Gross margin: 23.3%**. Graham Corporation keeps 23.3% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 5.4%**. 5.4% of revenue is left after running the business.
- **Net margin: 5.1%**. 5.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 8.9%**. 8.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 7.6%**. Return on all capital, debt included, is 7.6%.
- **Return on assets: 3.7%**. Each dollar of assets produces 3.7% of profit.

## Growth
- **Revenue growth (1 yr): 16.9%** (3-yr 16.0%/yr, 5-yr 20.3%/yr). Revenue grew 16.9% over the last year, against 20.3% a year compounded over five years.
- **EPS growth (1 yr): 0.9%** (3-yr 234.2%/yr, 5-yr 36.1%/yr). Earnings per share rose 0.9%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.09**. Debt is 0.09 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.3×**. It would take 0.3 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 4.89**. A Z-score of 4.89 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Graham Corporation does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 78.5%** (YTD 36.7%, 3-mo -18.0%). The shares are up 78.5% over twelve months including dividends.
- **From 52-week high: -30.2%** (88.4% above the low). Trading 30% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 38**. An RSI of 38 is neutral.
- **Beta (1 yr): 2.17** (volatility 55%). Beta of 2.17 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=GHM · Page: https://foliofundamentals.com/stocks/ghm

Not investment advice.