GHC Stock Analysis: Graham Holdings | NYSE
Conglomerates | NYSE, USA | Market Cap: 4.968m USD | 12M Return: 27.5% | US3846371041 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 33.8M
EPS Trend: 65.0%
Qual. Beats: 2
Rev. Trend: 97.3%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality
Graham Holdings Company (NYSE: GHC) is a diversified holding company with businesses in education, media, healthcare, manufacturing, and other services. Its education operations include test preparation, professional training, colleges, and online learning support.
The company also operates television stations and restaurants, publishes digital and print media, and provides home health services and industrial products. Its businesses span multiple industries and are run through subsidiaries. Formerly The Washington Post Company, it adopted its current name in 2013.
- Kaplan enrollment and student retention drive education revenue
- Political advertising and retransmission fees lift television earnings
- Acquisitions and share repurchases shape portfolio value
| Net Income: 541.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -2.55 > 1.0 |
| NWC/Revenue: 20.71% < 20% (prev 8.90%; Δ 11.81% < -1%) |
| CFO/TA 0.04 > 3% & CFO 319.1m > Net Income 541.9m |
| Net Debt (530.8m) to EBITDA (931.7m): 0.57 < 3 |
| Current Ratio: 1.86 > 1.5 & < 3 |
| Outstanding Shares: last quarter (4.31m) vs 12m ago -1.46% < -2% |
| Gross Margin: 28.82% > 18% (prev 29.95%; Δ -1.13% > 0.5%) |
| Asset Turnover: 64.32% > 50% (prev 63.45%; Δ 0.86% > 0%) |
| Interest Coverage Ratio: 14.68 > 6 (EBIT TTM 765.5m / Interest Expense TTM 52.1m) |
| A: 0.13 (Total Current Assets 2.27b - Total Current Liabilities 1.22b) / Total Assets 8.14b |
| B: 1.05 (Retained Earnings 8.58b / Total Assets 8.14b) |
| C: 0.10 (EBIT TTM 765.5m / Avg Total Assets 7.88b) |
| D: 1.43 (Book Value of Equity 4.76b / Total Liabilities 3.32b) |
| Altman-Z'' = 6.44 = AAA |
| DSRI: 1.02 (Receivables 508.1m/475.9m, Revenue 5.07b/4.83b) |
| GMI: 1.04 (GM 29.95% / 28.82%) |
| AQI: 0.98 (AQ_t 0.60 / AQ_t-1 0.61) |
| SGI: 1.05 (Revenue 5.07b / 4.83b) |
| TATA: 0.03 (NI 541.9m - CFO 319.1m) / TA 8.14b) |
| Beneish M = -2.95 (Cap -4..+1) = A |
As of October 17, 2026, the stock is trading at USD 1203.26 with a total of 22,260 shares traded. Over the past week, the price has changed by +2.73%, over one month by +6.20%, over three months by +0.26% and over the past year by +27.50%.
Current recommended Stop Loss: 1165.20 (which is 3.2% or 1.4 ATR below the current price).
Graham Holdings has received a consensus analysts rating of 1.00. Therefore, it is recommended to sell GHC.
- StrongBuy: 0
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 990 | -17.7% |
P/E Trailing = 9.4862
P/E Forward = 20.1207
P/S = 0.9802
P/B = 1.0204
P/EG = 4.0352
Revenue TTM = 5.07b USD
EBIT TTM = 765.5m USD
EBITDA TTM = 931.7m USD
Long Term Debt = 708.9m USD (from longTermDebt, last quarter)
Short Term Debt = 252.8m USD (from shortTermDebt, last quarter)
Debt = 1.78b USD (from shortLongTermDebtTotal, last quarter) + Leases 438.3m
Net Debt = 530.8m USD (calculated: Debt 1.78b - CCE 1.25b)
Enterprise Value = 5.50b USD (4.97b + Debt 1.78b - CCE 1.25b)
Interest Coverage Ratio = 14.68 (Ebit TTM 765.5m / Interest Expense TTM 52.1m)
EV/FCF = 22.88x (Enterprise Value 5.50b / FCF TTM 240.3m)
FCF Yield = 4.37% (FCF TTM 240.3m / Enterprise Value 5.50b)
FCF Margin = 4.74% (FCF TTM 240.3m / Revenue TTM 5.07b)
Net Margin = 10.69% (Net Income TTM 541.9m / Revenue TTM 5.07b)
Gross Margin = 28.82% ((Revenue TTM 5.07b - Cost of Revenue TTM 3.61b) / Revenue TTM)
Gross Margin QoQ = 30.10% (prev 30.65%)
Tobins Q-Ratio = 0.68 (Enterprise Value 5.50b / Total Assets 8.14b)
Interest Expense / Debt = 2.93% (Interest Expense 52.1m / Debt 1.78b)
Taxrate = 22.89% (163.3m / 713.5m)
NOPAT = 590.3m (EBIT 765.5m * (1 - 22.89%))
Current Ratio = 1.86 (Total Current Assets 2.27b / Total Current Liabilities 1.22b)
Debt / Equity = 0.37 (Debt 1.78b / totalStockholderEquity, last quarter 4.76b)
Debt / EBITDA = 0.57 (Net Debt 530.8m / EBITDA 931.7m)
Debt / FCF = 2.21 (Net Debt 530.8m / FCF TTM 240.3m)
Total Stockholder Equity = 4.69b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.88% (Net Income 541.9m / Total Assets 8.14b)
RoE = 11.56% (Net Income TTM 541.9m / Total Stockholder Equity 4.69b)
RoCE = 14.19% (EBIT 765.5m / Capital Employed (Equity 4.69b + L.T.Debt 708.9m))
RoIC = 8.53% (NOPAT 590.3m / Invested Capital 6.92b)
WACC = 6.32% (E(4.97b)/V(6.75b) * Re(7.77%) + D(1.78b)/V(6.75b) * Rd(2.93%) * (1-Tc(0.23)))
Discount Rate = 7.77% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -67.42 | Cagr: -1.49%
[DCF] Terminal Value 73.10% ; FCFF base≈311.8m ; Y1≈273.4m ; Y5≈220.9m
[DCF] Fair Price = 921.8 (EV 3.55b - Net Debt 530.8m = Equity 3.02b / Shares 3.27m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 65.00 | EPS CAGR: 11.70% | SUE: 2.74 | # QB: 2
Revenue Correlation: 97.28 | Revenue CAGR: 5.47% | SUE: 0.50 | # QB: 0
EPS current Quarter (2026-09-30): EPS=17.46 | Chg30d=-4.43% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=69.00 | Chg30d=+4.15% | Revisions=+25% | GrowthEPS=+34.0% | GrowthRev=+6.0%
EPS next Year (2027-12-31): EPS=67.00 | Chg30d=+1.52% | Revisions=+25% | GrowthEPS=-2.9% | GrowthRev=+4.0%