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Ying Li International Real Estate (SGX:5DM) Graham Number : S$0.13 (As of Dec. 2023)


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What is Ying Li International Real Estate Graham Number?

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2024-05-16), the stock price of Ying Li International Real Estate is S$0.02. Ying Li International Real Estate's graham number for the quarter that ended in Dec. 2023 was S$0.13. Therefore, Ying Li International Real Estate's Price to Graham Number ratio for today is 0.16.

The historical rank and industry rank for Ying Li International Real Estate's Graham Number or its related term are showing as below:

SGX:5DM' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.12   Med: 0.58   Max: 1
Current: 0.15

During the past 13 years, the highest Price to Graham Number ratio of Ying Li International Real Estate was 1.00. The lowest was 0.12. And the median was 0.58.

SGX:5DM's Price-to-Graham-Number is ranked better than
97.18% of 1133 companies
in the Real Estate industry
Industry Median: 0.8 vs SGX:5DM: 0.15

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Ying Li International Real Estate Graham Number Historical Data

The historical data trend for Ying Li International Real Estate's Graham Number can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ying Li International Real Estate Graham Number Chart

Ying Li International Real Estate Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.08 0.16

Ying Li International Real Estate Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.10 0.13

Competitive Comparison of Ying Li International Real Estate's Graham Number

For the Real Estate Services subindustry, Ying Li International Real Estate's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ying Li International Real Estate's Price-to-Graham-Number Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ying Li International Real Estate's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Ying Li International Real Estate's Price-to-Graham-Number falls into.



Ying Li International Real Estate Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Ying Li International Real Estate's Graham Number for the fiscal year that ended in Dec. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.144*0.008)
=0.16

Ying Li International Real Estate's Graham Number for the quarter that ended in Dec. 2023 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.144*0.005)
=0.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ying Li International Real Estate  (SGX:5DM) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

Ying Li International Real Estate's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=0.02/0.13
=0.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


Ying Li International Real Estate Graham Number Related Terms

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Ying Li International Real Estate (SGX:5DM) Business Description

Traded in Other Exchanges
N/A
Address
6 Temasek Boulevard, No. 21-01, Suntec Tower Four, Singapore, SGP, 038986
Ying Li International Real Estate Ltd Ying Li is a property developer, principally engaged in the development, sale, rental, management and long-term ownership of high quality commercial, residential and bespoke properties in Chongqing. The Group's reportable segments are Property development which includes development of residential, commercial and other types of properties; Property investment includes leasing of investment properties to generate rental income, facility management income and to gain from the appreciation in the value of the properties in the long term; Others include mainly related with corporate office functions and investment holding.

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