ASEJF (APTtellite Holdings) Graham Number: $0.61 (As of Dec. 2025) — 61% Above Median


ASEJF APT Satellite Holdings Ltd ASEJF
38 GF Score
Price $0.29
GF Value $0.24
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is APTtellite Holdings Graham Number?

APTtellite Holdings ASEJF 38 Graham Number is $0.61 as of Dec. 2025, which is 61% above its 10-year median of 0.38. GuruFocus rates ASEJF with a GF Score™ of 38/100 and a GF Value™ of $0.24 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 193 Telecommunication Services companies, APTtellite Holdings ranks better than 93.78% on this metric.

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 (2026-07-04), the stock price of APTtellite Holdings is $0.2858. APTtellite Holdings's graham number for the quarter that ended in Dec. 2025 was $0.61. Therefore, APTtellite Holdings's Price to Graham Number ratio for today is 0.47.

The historical rank and industry rank for APTtellite Holdings's Graham Number or its related term are showing as below:

ASEJF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.3   Med: 0.38   Max: 0.6
Current: 0.48

During the past 13 years, the highest Price to Graham Number ratio of APTtellite Holdings was 0.60. The lowest was 0.30. And the median was 0.38.

ASEJF's Price-to-Graham-Number is ranked better than
93.78% of 193 companies
in the Telecommunication Services industry
Industry Median: 1.64 vs ASEJF: 0.48

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


APTtellite Holdings  (OTCPK:ASEJF) 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.

APTtellite Holdings's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=0.2858/0.61
=0.47

* 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.


APTtellite Holdings Graham Number Related Terms


APTtellite Holdings Graham Number Historical Data

* Premium members only.

The historical data trend for APTtellite Holdings'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.

APTtellite Holdings Graham Number Chart

APTtellite Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.76 0.77 0.71 0.61

APTtellite Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.77 0.74 0.71 0.67 0.61

ASEJF vs TMUS, VZ, T: Graham Number Comparison

For the Telecom Services subindustry, APTtellite Holdings'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.


APTtellite Holdings Price-to-Graham-Number vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, APTtellite Holdings's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where APTtellite Holdings's Price-to-Graham-Number falls into.


ASEJF
38GF Score
APT Satellite Holdings Ltd ASEJF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

APTtellite Holdings Graham Number Calculation

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

APTtellite Holdings's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.818*0.02)
=0.61

APTtellite Holdings's Graham Number for the quarter that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.818*0.02)
=0.61

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of $0.61 mean?
APTtellite Holdings (ASEJF) has a Graham Number of $0.61 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on APTtellite Holdings and its competitors. This is 61% above median its historical median of 0.38. Over the past decade, APTtellite Holdings' Graham Number has ranged from 0.30 to 0.60. According to the industry distribution chart, APTtellite Holdings ranks #12 out of 193 companies in the Telecommunication Services industry, placing it in the top 6.2%.
Is APTtellite Holdings' Graham Number too high?
APTtellite Holdings' current Graham Number of $0.61 is 61% above median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.60. The Telecommunication Services industry median Graham Number is 1.64. APTtellite Holdings' value of $0.61 is 62.8% below this industry median. Based on the distribution chart, APTtellite Holdings ranks #12 out of 193 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, APTtellite Holdings has a GF Score™ of 38/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does APTtellite Holdings' Graham Number compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, APTtellite Holdings ranks #12 out of 193 companies for Graham Number. This places APTtellite Holdings in the top 6% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.64. APTtellite Holdings' value of $0.61 is 62.8% below this benchmark. Historically, APTtellite Holdings' own Graham Number has ranged from 0.30 to 0.60 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 1.64, APTtellite Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Telecommunication Services company?
The median Graham Number among Telecommunication Services companies is 1.64, based on 193 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. APTtellite Holdings's current Graham Number of $0.61 is 62.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on APTtellite Holdings and its competitors. For the Telecommunication Services industry, the median Graham Number is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APTtellite Holdings's current Graham Number is $0.61, which is 61% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APTtellite Holdings stock overvalued right now?
Based on GuruFocus' analysis, APTtellite Holdings (ASEJF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.24, compared to a current price of $0.29 — trading 19.1% above its estimated fair value. The current Graham Number is $0.61, which is 61% above median its 10-year median of 0.38 and 62.8% below the Telecommunication Services industry median of 1.64. APTtellite Holdings' overall GF Score™ is 38/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For APTtellite Holdings (ASEJF), the current Graham Number is $0.61 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is APTtellite Holdings (ASEJF) Overvalued in 2026?

Based on GuruFocus' analysis, APTtellite Holdings stock appears to be overvalued. The current stock price of $0.29 is trading 19.1% above its estimated GF Value™ of $0.24. GuruFocus considers APTtellite Holdings to be Modestly Overvalued.

Key valuation signals for ASEJF:

  • Graham Number: $0.61 (61% above median its 10-year median of 0.38)
  • GF Value™: $0.24 vs. price of $0.29 (19.1% above fair value)
  • GF Score™: 38/100 with 4 warning signs
  • Industry Position: 62.8% below the Telecommunication Services median (#12 of 193)

No single metric tells the full story. See the ASEJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


APTtellite Holdings Business Description

Other Exchanges 01045:Hong Kong
Address 22 Dai Kwai Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG
APT Satellite Holdings Ltd is an investment holding company. Through its subsidiaries, the company is principally engaged in the maintenance, operation, and provision of satellite transponder capacity and related services; satellite-based broadcasting and telecommunications services; and other services. Currently, the company operates six in-orbit satellites: APSTAR-5C, APSTAR-6C, APSTAR-7 and APSTAR-9, APSTAR-6D and APSTAR-6E. From a regional perspective, the company's revenue is derived from customers in Hong Kong, Greater China, Southeast Asia, Australia and other regions.
38GF Score

Get the complete analysis for ASEJF

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.29
Price
$0.24
GF Value