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Infinity Logistics And Transport Ventures (HKSE:01442) Graham Number : HK$0.30 (As of Dec. 2023)


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What is Infinity Logistics And Transport Ventures 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 (2024-06-22), the stock price of Infinity Logistics And Transport Ventures is HK$0.34. Infinity Logistics And Transport Ventures's graham number for the quarter that ended in Dec. 2023 was HK$0.30. Therefore, Infinity Logistics And Transport Ventures's Price to Graham Number ratio for today is 1.14.

The historical rank and industry rank for Infinity Logistics And Transport Ventures's Graham Number or its related term are showing as below:

HKSE:01442' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.08   Med: 2.59   Max: 3.69
Current: 1.13

During the past 8 years, the highest Price to Graham Number ratio of Infinity Logistics And Transport Ventures was 3.69. The lowest was 1.08. And the median was 2.59.

HKSE:01442's Price-to-Graham-Number is ranked worse than
58.76% of 725 companies
in the Transportation industry
Industry Median: 0.98 vs HKSE:01442: 1.13

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


Infinity Logistics And Transport Ventures Graham Number Historical Data

The historical data trend for Infinity Logistics And Transport Ventures'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.

Infinity Logistics And Transport Ventures Graham Number Chart

Infinity Logistics And Transport Ventures Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
Get a 7-Day Free Trial 0.17 0.30 0.45 0.42 0.30

Infinity Logistics And Transport Ventures Semi-Annual Data
Dec16 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 0.46 0.49 0.42 0.39 0.30

Competitive Comparison of Infinity Logistics And Transport Ventures's Graham Number

For the Integrated Freight & Logistics subindustry, Infinity Logistics And Transport Ventures'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.


Infinity Logistics And Transport Ventures's Price-to-Graham-Number Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Infinity Logistics And Transport Ventures's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Infinity Logistics And Transport Ventures's Price-to-Graham-Number falls into.



Infinity Logistics And Transport Ventures Graham Number Calculation

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

Infinity Logistics And Transport Ventures'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*0.262*0.015)
=0.30

Infinity Logistics And Transport Ventures'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*0.262*0.015)
=0.30

* 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.


Infinity Logistics And Transport Ventures  (HKSE:01442) 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.

Infinity Logistics And Transport Ventures's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=0.34/0.30
=1.14

* 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.


Infinity Logistics And Transport Ventures Graham Number Related Terms

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Infinity Logistics And Transport Ventures (HKSE:01442) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan Kasuarina 8, Infinity House, Bandar Botanic, Klang, Klang, SGR, MYS, 41200
Infinity Logistics And Transport Ventures Ltd is an investment holding company. It operates in three segments: Integrated freight forwarding services segment, which provides non-vessel operating common carriers (NVOCC) and freight forwarding services; Logistics center and related services segment provides warehousing and container depot services; Land transportation services segment provides land transportation services; Flexitank solution & related services segment provides flexitank solution and related services; and Fourth-party Logistics (4PL) services. The company's geographical segments include China, Indonesia, Malaysia, Netherlands, Singapore, South Korea, Thailand, Vietnam, and Others, of which maximum revenue comes from Malaysia.
Executives
2926 Holdings Limited 2103 Interests held jointly with another person
Chan Kong Yew
Kwan Siew Deeg
Lo Shing Ping
Tan Jyh Yaong

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