Vintcom Technology PCL (BKK:VCOM) Graham Number: ฿3.59 (As of Mar. 2026) — 139% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:VCOM Vintcom Technology PCL BKK:VCOM
72 GF Score
Price ฿4.12
GF Value ฿2.98
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Vintcom Technology PCL Graham Number?

Vintcom Technology PCL BKK:VCOM +0.49% 72 Graham Number is ฿3.59 as of Mar. 2026, which is 100% below its 10-year median of 1.50. GuruFocus rates BKK:VCOM with a GF Score™ of 72/100 and a GF Value™ of ฿2.98 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,620 Hardware companies, Vintcom Technology PCL ranks better than 70.93% 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 (2026-07-25), the stock price of Vintcom Technology PCL is ฿4.12. Vintcom Technology PCL's graham number for the quarter that ended in Mar. 2026 was ฿3.59. Therefore, Vintcom Technology PCL's Price to Graham Number ratio for today is 1.15.

The historical rank and industry rank for Vintcom Technology PCL's Graham Number or its related term are showing as below:

BKK:VCOM' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.74   Med: 1.5   Max: 2.66
Current: 1.15

During the past 13 years, the highest Price to Graham Number ratio of Vintcom Technology PCL was 2.66. The lowest was 0.74. And the median was 1.50.

BKK:VCOM's Price-to-Graham-Number is ranked better than
70.93% of 1620 companies
in the Hardware industry
Industry Median: 1.86 vs BKK:VCOM: 1.15

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


Vintcom Technology PCL  (BKK:VCOM) 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.

Vintcom Technology PCL's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=4.12/3.59
=1.15

* 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.


Vintcom Technology PCL Graham Number Related Terms


Vintcom Technology PCL Graham Number Historical Data

* Premium members only.

The historical data trend for Vintcom Technology PCL'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.

Vintcom Technology PCL Graham Number Chart

Vintcom Technology PCL 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 3.25 3.09 2.75 2.66 3.46

Vintcom Technology PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.10 3.10 3.10 3.46 3.59

BKK:VCOM vs SNX, ARW, AVT: Graham Number Comparison

For the Electronics & Computer Distribution subindustry, Vintcom Technology PCL'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.


Vintcom Technology PCL Price-to-Graham-Number vs Hardware Industry

For the Hardware industry and Technology sector, Vintcom Technology PCL's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Vintcom Technology PCL's Price-to-Graham-Number falls into.


BKK:VCOM
72GF Score
Vintcom Technology PCL BKK:VCOM
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vintcom Technology PCL Graham Number Calculation

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

Vintcom Technology PCL'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*1.18*0.451)
=3.46

Vintcom Technology PCL's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*1.31*0.437)
=3.59

* 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 ฿3.59 mean?
Vintcom Technology PCL (BKK:VCOM) has a Graham Number of ฿3.59 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Vintcom Technology PCL and its competitors. This is 139% above median its historical median of 1.50. Over the past decade, Vintcom Technology PCL's Graham Number has ranged from 0.74 to 2.66. According to the industry distribution chart, Vintcom Technology PCL ranks #471 out of 1620 companies in the Hardware industry, placing it in the top 29.1%.
Is Vintcom Technology PCL's Graham Number too high?
Vintcom Technology PCL's current Graham Number of ฿3.59 is 139% above median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 2.66. Based on the distribution chart, Vintcom Technology PCL ranks #471 out of 1620 companies in the Hardware industry, which is above the industry midpoint. Overall, Vintcom Technology PCL has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vintcom Technology PCL's Graham Number compare to SNX and ARW?
According to the Hardware industry distribution chart, Vintcom Technology PCL ranks #471 out of 1620 companies for Graham Number. This puts Vintcom Technology PCL in the upper half of its industry. The industry median Graham Number is 1.86. Historically, Vintcom Technology PCL's own Graham Number has ranged from 0.74 to 2.66 over the past decade. 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 Hardware company?
The median Graham Number among Hardware companies is 1.86, based on 1,620 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. 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 Vintcom Technology PCL and its competitors. For the Hardware industry, the median Graham Number is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vintcom Technology PCL's current Graham Number is ฿3.59, which is 139% above median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vintcom Technology PCL stock overvalued right now?
Based on GuruFocus' analysis, Vintcom Technology PCL (BKK:VCOM) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿2.98, compared to a current price of ฿4.12 — trading 38.3% above its estimated fair value. The current Graham Number is ฿3.59, which is 139% above median its 10-year median of 1.50. Vintcom Technology PCL's overall GF Score™ is 72/100 with 7 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 Vintcom Technology PCL (BKK:VCOM), the current Graham Number is ฿3.59 as of Mar. 2026. 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 Vintcom Technology PCL (BKK:VCOM) Overvalued in 2026?

Based on GuruFocus' analysis, Vintcom Technology PCL stock appears to be overvalued. The current stock price of ฿4.12 is trading 38.3% above its estimated GF Value™ of ฿2.98. GuruFocus considers Vintcom Technology PCL to be Significantly Overvalued.

Key valuation signals for BKK:VCOM:

  • Graham Number: ฿3.59 (139% above median its 10-year median of 1.50)
  • GF Value™: ฿2.98 vs. price of ฿4.12 (38.3% above fair value)
  • GF Score™: 72/100 with 7 warning signs

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


Vintcom Technology PCL Business Description

Address Sukhumvit 21 Road (Asoke, 14th Floor, 159/21 Serm-Mit Tower, Unit 1401, North-Klongtoey Sub-District, Wattana District, Bangkok, THA, 10110
Vintcom Technology PCL is a Thailand-based company engaged in trading computers and equipment including related software and related services for the computer. It operates in two segments - Sale of goods and Rendering of services. It generates a majority of its revenue from the sale of goods segment. Geographically, the firm earns substantial revenue from Thailand and also serves Myanmar, Cambodia and other countries.
72GF Score

Get the complete analysis for BKK:VCOM

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

฿4.12
Price
฿2.98
GF Value