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Ausupreme International Holdings (HKSE:02031) Graham Number : HK$0.32 (As of Sep. 2023)


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What is Ausupreme International Holdings 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 (2024-06-21), the stock price of Ausupreme International Holdings is HK$0.247. Ausupreme International Holdings's graham number for the quarter that ended in Sep. 2023 was HK$0.32. Therefore, Ausupreme International Holdings's Price to Graham Number ratio for today is 0.78.

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

HKSE:02031' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.53   Med: 1.45   Max: 3
Current: 0.77

During the past 10 years, the highest Price to Graham Number ratio of Ausupreme International Holdings was 3.00. The lowest was 0.53. And the median was 1.45.

HKSE:02031's Price-to-Graham-Number is ranked better than
72.54% of 1300 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs HKSE:02031: 0.77

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


Ausupreme International Holdings Graham Number Historical Data

The historical data trend for Ausupreme International 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.

* Premium members only.

Ausupreme International Holdings Graham Number Chart

Ausupreme International Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.28 0.12 - -

Ausupreme International Holdings Semi-Annual Data
Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - - 0.32

Competitive Comparison of Ausupreme International Holdings's Graham Number

For the Household & Personal Products subindustry, Ausupreme International 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.


Ausupreme International Holdings's Price-to-Graham-Number Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ausupreme International Holdings's Price-to-Graham-Number distribution charts can be found below:

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



Ausupreme International Holdings Graham Number Calculation

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

Ausupreme International Holdings's Graham Number for the fiscal year that ended in Mar. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.205*-0)
=N/A

Ausupreme International Holdings's Graham Number for the quarter that ended in Sep. 2023 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.214*0.021)
=0.32

* 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.


Ausupreme International Holdings  (HKSE:02031) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Sep. 2023 )
=0.247/0.32
=0.78

* 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.


Ausupreme International Holdings Graham Number Related Terms

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Ausupreme International Holdings (HKSE:02031) Business Description

Traded in Other Exchanges
N/A
Address
83 Hung To Road, East Yingyou Plaza, Office E, 28th Floor, EGL Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Ausupreme International Holdings Ltd is principally a Hong Kong-based brand builder, retailer, and wholesaler of health and personal care products focusing on the development, marketing, sales, and distribution of branded products. The revenue is recognized from the sale of health supplement products, honey and pollen products, and personal care products. The vast majority is earned from the sale of health supplement products within Hong Kong.
Executives
Beatitudes International Ltd. 2101 Beneficial owner
Choy Chi Fai 2201 Interest of corporation controlled by you
Ho Ka Man 2201 Interest of corporation controlled by you
Gao Yuan 2101 Beneficial owner

Ausupreme International Holdings (HKSE:02031) Headlines

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