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Haad Thip PCLHAATF 81 Graham Number is $0.59 as of Mar. 2026, which is 34% below its 10-year median of 0.89. GuruFocus rates HAATF with a GF Score™ of 81/100 and a GF Value™ of $0.51. The stock has 5 warning signs investors should review. Among 84 Beverages - Non-Alcoholic companies, Haad Thip PCL ranks better than 77.38% 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 (2026-07-16), the stock price of Haad Thip PCL is $0.4838. Haad Thip PCL's graham number for the quarter that ended in Mar. 2026 was $0.59. Therefore, Haad Thip PCL's Price to Graham Number ratio for today is 0.83.
The historical rank and industry rank for Haad Thip PCL's Graham Number or its related term are showing as below:
HAATF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.59 Med: 0.89 Max: 1.29
Current: 0.83
During the past 13 years, the highest Price to Graham Number ratio of Haad Thip PCL was 1.29. The lowest was 0.59. And the median was 0.89.
HAATF's Price-to-Graham-Number is ranked better than 77.38% of 84
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.5
vs HAATF: 0.83
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Haad Thip PCL (OTCPK:HAATF) 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.
Haad Thip PCL's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
0.4838
/
0.59
=
0.83
* 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.
Haad Thip PCL Graham Number Related Terms
Haad Thip PCL Graham Number Historical Data
* Premium members only.
The historical data trend for Haad Thip 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.
For the Beverages - Non-Alcoholic subindustry, Haad Thip 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.
Haad Thip PCL Price-to-Graham-Number vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Haad Thip PCL's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Haad Thip PCL's Price-to-Graham-Number falls into.
* 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.
Haad Thip PCL (HAATF) has a Graham Number of $0.59 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Haad Thip PCL and its competitors. This is 34% below median its historical median of 0.89. Over the past decade, Haad Thip PCL's Graham Number has ranged from 0.59 to 1.29. According to the industry distribution chart, Haad Thip PCL ranks #19 out of 84 companies in the Beverages - Non-Alcoholic industry, placing it in the top 22.6%.
Is Haad Thip PCL's Graham Number too high?
Haad Thip PCL's current Graham Number of $0.59 is 34% below median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.29. The Beverages - Non-Alcoholic industry median Graham Number is 1.50. Haad Thip PCL's value of $0.59 is 60.7% below this industry median. Based on the distribution chart, Haad Thip PCL ranks #19 out of 84 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Haad Thip PCL has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Haad Thip PCL's Graham Number compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Haad Thip PCL ranks #19 out of 84 companies for Graham Number. This places Haad Thip PCL in the top 23% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.50. Haad Thip PCL's value of $0.59 is 60.7% below this benchmark. Historically, Haad Thip PCL's own Graham Number has ranged from 0.59 to 1.29 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 1.50, Haad Thip PCL 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 Beverages - Non-Alcoholic company?
The median Graham Number among Beverages - Non-Alcoholic companies is 1.50, based on 84 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. Haad Thip PCL's current Graham Number of $0.59 is 60.7% 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 Haad Thip PCL and its competitors. For the Beverages - Non-Alcoholic industry, the median Graham Number is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haad Thip PCL's current Graham Number is $0.59, which is 34% below median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haad Thip PCL stock overvalued right now?
Haad Thip PCL (HAATF) has a current Graham Number of $0.59. The stock's GF Value™ is $0.51, compared to a current price of $0.48 — trading 5.1% below its estimated fair value. The current Graham Number is $0.59, which is 34% below median its 10-year median of 0.89 and 60.7% below the Beverages - Non-Alcoholic industry median of 1.50. Haad Thip PCL's overall GF Score™ is 81/100 with 5 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 Haad Thip PCL (HAATF), the current Graham Number is $0.59 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 Haad Thip PCL (HAATF) Overvalued in 2026?
Based on GuruFocus' analysis, Haad Thip PCL stock appears to be undervalued.
The current stock price of $0.48 is trading 5.1% below its estimated GF Value™ of $0.51.
Key valuation signals for HAATF:
Graham Number: $0.59 (34% below median its 10-year median of 0.89)
GF Value™: $0.51 vs. price of $0.48 (5.1% below fair value)
Industry Position: 60.7% below the Beverages - Non-Alcoholic median (#19 of 84)
No single metric tells the full story. See the HAATF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Haad Thip PCL is engaged in the manufacture and distribution of soft drinks. The company has been granted a franchise by Coca-Cola in the United States to be a producer and distributor of carbonated drinks under the trademarks of Coca-Cola, Fanta, and Sprite, and other non-carbonated products owned by Coca-Cola Company, such as Minute Maid Splash and Namthip Drinking Water. Its brands include Coca-Cola, Sprite, Fanta, Minute Maid, Namthip, A&W, and Aquarius. The company operates business in two segments, namely Carbonated soft drink that produces and distributes soft drinks, and sport drink, including as distributor of other beverages; and Real estate. The majority of its revenue is derived from Carbonated soft drink segment.
81GF Score
Get the complete analysis for HAATF
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