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Weili Holdings (HKSE:02372) Graham Number : HK$N/A (As of Jun. 2024)


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What is Weili 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 (2024-12-15), the stock price of Weili Holdings is HK$0.226. Weili Holdings's graham number for the quarter that ended in Jun. 2024 was HK$N/A. Therefore, Weili Holdings's Price to Graham Number ratio for today is N/A.

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

During the past 5 years, the highest Price to Graham Number ratio of Weili Holdings was 0.95. The lowest was 0.78. And the median was 0.87.

HKSE:02372's Price-to-Graham-Number is not ranked *
in the Tobacco Products industry.
Industry Median: 1.72
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


Weili Holdings Graham Number Historical Data

The historical data trend for Weili 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.

Weili Holdings Graham Number Chart

Weili Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
0.38 0.45 0.50 0.53 -

Weili Holdings Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Graham Number Get a 7-Day Free Trial Premium Member Only 0.66 0.54 - - -

Competitive Comparison of Weili Holdings's Graham Number

For the Tobacco subindustry, Weili 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.


Weili Holdings's Price-to-Graham-Number Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Weili Holdings's Price-to-Graham-Number distribution charts can be found below:

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



Weili Holdings Graham Number Calculation

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

Weili Holdings'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*0.297*-0.003)
=N/A

Weili Holdings's Graham Number for the quarter that ended in Jun. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.293*-0.001)
=N/A

* 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.


Weili Holdings  (HKSE:02372) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2024 )
=0.226/N/A
=N/A

* 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.


Weili Holdings Graham Number Related Terms

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Weili Holdings Business Description

Traded in Other Exchanges
N/A
Address
New Industrial Park, Hong’an County, Hubei Province, Mi’ersi Town, CHN
Weili Holdings Ltd is a cigarette wrapping paper manufacturer in China with research and development capabilities to supply customized products to customers. The company mainly supply products to cigarette packaging manufacturers operating in various provinces in China, mainly including Hubei and Henan. The products sold by the company are used in the manufacture of cigarette packaging for tobacco brands in China.
Executives
Chen Weizhuang 2201 Interest of corporation controlled by you
City Ease Limited 2101 Beneficial owner
Liu Yuezhu 2202 Interest of your spouse
Enlighten East Limited 2101 Beneficial owner
Yong Ning Limited 2101 Beneficial owner
Yu Tianbing 2201 Interest of corporation controlled by you
Zhou Huaqin 2202 Interest of your spouse

Weili Holdings Headlines

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