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Graf Global Corp (GRAF) fair value: what the stock is really worth

As of Sep 24, 2026: fair value of Graf Global Corp $10.13, price $10.91, upside -7.1%, quality 54 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? Yes
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Financial Services · US · ISIN KYG4036C1143

GG Graf Global Corp logo Thin data Sep 24, 2026

Graf Global Corp

GRAF · US

NeutralThe stock looks roughly fairly valued with average quality.

·Fair value $10.13 · Fairly valued (−7%)
!Quality 54/100
!negative free cash flow
✓Ranks above peers (6/8)
!Narrow moat 16/100
!Evidence only low, so the estimate is less certain
!Weak on valuation: 24 out of 100

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

$11.30 $9.97 Fair Value $10.13 Aug 2024 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.

How to read this chart

25‑month range $9.97 – $11.30 · fair‑value band $5.52 – $10.13 · the $10.91 price screens above the $10.13 fair value. Dashed = 300-day average. As of Sep 24, 2026.

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Company profile

Graf Global Corp., a blank check company, focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in The Woodlands, Texas.

Stock analysis

Graf Global Corp (GRAF) currently trades at $10.91, while our model-based Fair Value estimate is $10.13, implying the stock looks roughly 7.7% fairly valued today.

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Valuation

Bull case: the Asset-Based group reads highest at a median of $11.10 per share, and 1 of the 6 models we run sit above the $10.91 price.

Bear case: the Earnings-Based group reads lowest at $2.83, and 5 of the 6 models stay below the price. Evidence for this calculation is low.

Scenario range: $5.52 (bear) to $10.13 (bull), the price of $10.91 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 54/100 (solid quality), in the Financial Services sector.

Graf Global Corp reported revenue of $0 in FY2025 versus $0 in FY2022. Reported net income was $8.0M in FY2025.

Key figures

Market cap $153M · P/E ratio 40.4 · EPS (TTM) $0.2700 · Return on assets (EBIT) −0.4% · EPS growth (YoY) −3.2% · Free cash flow −$394K · Net cash $699.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 24 out of 100 (low confidence).

What moves the price

The share trades about 3% below its 52-week high and 3% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −53% fair-value upside, at −7%, GRAF screens cheaper than that median.

Fair Value models

Bear $5.52 Fair Value $10.13 Bull $10.13
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($0.1982 per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
P/E Multiple $5.52 $7.36 $9.20 63
Residual Income $10.90 $10.23 $7.70 61
P/B Multiple $7.22 $9.63 $12.04 55
All 6 models by family
Earnings-Based
Graham-Dodd $3.85 $10.24 $13.39 51
Lynch FV $1.98 $2.83 $3.68 48
Multiples
P/E Multiple $5.52 $7.36 $9.20 63
P/B Multiple $7.22 $9.63 $12.04 55
Asset-Based
NCAV (Graham) $8.29 $11.10 $16.57 51
Economic Profit
Residual Income $10.90 $10.23 $7.70 61

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Quality Score breakdown

Overall quality 54/100

Of which business quality 58 · Market factors (momentum, volatility) 59

Profitability 20
Margins and returns on capital today
Quality Growth 55
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 67
Balance sheet, leverage, solvency risk
Low Volatility 100
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 42
Distance to the 52-week high (market factor)
Net Issuance 40
Share count: buybacks or dilution?

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Revenue & earnings trend

What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no profitable base year
not computed

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Shell Companies · 82 stocks

Beats the industry median on 5/7 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 52 · Above median
Fair Value upside −7% · Below median
Profitability
Return on assets 0% · Above median
Operating margin (TTM) 0% · Top 25%
Growth and dividend
Revenue growth 0% · Top 25%

Valuation Multiplesvs Shell Companies median · lower = cheaper

P/E (TTM) 40.4× · Pricier than median
P/B 0.65× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)24 · sector 24
FUTURE (revenue growth)0 · sector 0
PAST (return on equity)0 · sector 0
HEALTH (low debt)0 · sector 99
DIVIDEND (yield)0 · sector 0

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

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Cite: Fair Value Calculator (2026). "Graf Global Corp Fair Value". https://www.fairvalue-calculator.com/stock/GRAF

Frequently asked questions

Is Graf Global Corp (GRAF) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of $10.13 versus a price of $10.91, about −7% upside (fairly valued).
What is the fair value of GRAF?
Our model-based fair value for Graf Global Corp is $10.13 (as of Sep 24, 2026), built from audited fundamentals. The current price: $10.91.
What is the quality score of GRAF?
Graf Global Corp has a Quality Score of 54/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Graf Global Corp (GRAF)?
Our model-based price target is the fair value of $10.13 (as of Sep 24, 2026) from 6 valuation models. Cautious scenario $5.52, optimistic scenario $10.13. It is a calculation from audited fundamentals, not an analyst target.
What is the Graf Global Corp stock forecast for 2026?
Our models put fair value at $10.13, about −7% upside versus a price of $10.91 (fairly valued). Cautious scenario $5.52, optimistic scenario $10.13. The calculation is refreshed regularly with new filings.
What is the intrinsic value of Graf Global Corp (GRAF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Graf Global Corp it is $10.13 per share (as of Sep 24, 2026), against a price of $10.91. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is Graf Global Corp stock overvalued or undervalued in 2026?
As of Sep 24, 2026, GRAF trades above its calculated fair value: price $10.91, fair value $10.13, a gap of about −7% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of GRAF?
No. The price is what the market pays today ($10.91); the fair value is what the company's own numbers justify ($10.13). For Graf Global Corp the two are $0.7750 per share apart. That gap is exactly why we show both numbers side by side.
How much is Graf Global Corp worth?
The market values Graf Global Corp at about $153M (market capitalisation, as of Sep 24, 2026). Per share that is $10.91; our models calculate a fair value of $10.13 per share.
What do the bullish and bearish scenarios say about GRAF?
Our models span a range for Graf Global Corp: cautious scenario $5.52, base $10.13, optimistic $10.13 per share (as of Sep 24, 2026, price $10.91). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of GRAF?
Graf Global Corp trades at a price-to-earnings ratio of 40.4 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $10.13 is built from several models across several years. Other multiples: P/B 0.7.
How far is GRAF from its 52-week high?
Graf Global Corp trades at $10.91, about 3% below its 52-week high of $11.30 and 3% above the low of $10.54 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of $10.13 is for.
Which stocks are comparable to Graf Global Corp?
From the same area (Financial Services) we also value Lionheart III Corp, AA Mission Acquisition Corp, Berto Acquisition Corp, Metals Acquisition Corp, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Graf Global Corp stock attractive at the current price?
The data as of Sep 24, 2026: price $10.91, calculated fair value $10.13 (−7%), Quality Score 54/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of GRAF calculated?
We run Graf Global Corp through 6 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $10.13, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.0 % above its aggregate fair value. Graf Global Corp itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Graf Global Corp (GRAF)?
The closing price on Sep 24, 2026 was $10.91. Our model-based fair value is $10.13, about −7% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Graf Global Corp right now?
The price sits above even our optimistic bull case ($10.13). The favourable scenario is already priced in. The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range ($5.52 to $10.13) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Key figures of Graf Global Corp

How large is the market capitalisation of Graf Global Corp (GRAF)?
The market capitalisation of Graf Global Corp is $153M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What are the earnings per share of Graf Global Corp (GRAF)?
Earnings per share at Graf Global Corp are $0.2700 (price ÷ EPS = P/E 40.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the EBIT return on assets of Graf Global Corp (GRAF)?
On an EBIT basis the return on assets of Graf Global Corp is −0.4% (avg 3y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
How fast are earnings growing at Graf Global Corp (GRAF)?
Earnings per share at Graf Global Corp are growing −3.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Graf Global Corp (GRAF) generate?
The free cash flow of Graf Global Corp is −$394K (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Graf Global Corp (GRAF) hold?
Graf Global Corp holds more cash than debt, $699 net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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