Hello! I am new to Serenity and as I was looking around at the Graham Screener I noticed that several companies showed a Graham Price of $0.00. Specifically I was looking at Coca Cola Co. (KO) and Berkshire Hathaway B-shares (BRK.B). I am trying to understand what that indicates and what would cause the company to essentially have no value. Thank you!
Submitted by acannon1585. Created on Wednesday 19th March 2014. Updated on Wednesday 6th March 2019.
Intrinsic Value calculations
Hello acannon1585,
Both stocks do not meet the qualitative criteria for Defensive or Enterprising investment. They only meet the NCAV qualitative criteria.
But since both stocks have negative NCAV prices, they have Graham prices of zero.
For details, please see the Quick Reference section on Intrinsic Value calculations.