GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hala Enterprises Ltd (KAR:HAEL) » Definitions » Graham Number

Hala Enterprises (KAR:HAEL) Graham Number : ₨N/A (As of . 20)


View and export this data going back to 1993. Start your Free Trial

What is Hala Enterprises 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 (2024-12-16), the stock price of Hala Enterprises is ₨15.38. Hala Enterprises's graham number for the quarter that ended in . 20 was ₨N/A. Therefore, Hala Enterprises's Price to Graham Number ratio for today is N/A.

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

KAR:HAEL's Price-to-Graham-Number is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 1.2
* 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.


Hala Enterprises Graham Number Historical Data

The historical data trend for Hala Enterprises'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.

Hala Enterprises Graham Number Chart

Hala Enterprises Annual Data
Trend
Graham Number

Hala Enterprises Semi-Annual Data
Graham Number

Competitive Comparison of Hala Enterprises's Graham Number

For the Textile Manufacturing subindustry, Hala Enterprises'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.


Hala Enterprises's Price-to-Graham-Number Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hala Enterprises's Price-to-Graham-Number distribution charts can be found below:

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



Hala Enterprises Graham Number Calculation

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

Hala Enterprises's Graham Number for the fiscal year that ended in . 20 is calculated as

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

Hala Enterprises's Graham Number for the quarter that ended in . 20 is calculated as

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


Hala Enterprises  (KAR:HAEL) 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.

Hala Enterprises's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: . 20 )
=15.38/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.


Hala Enterprises Graham Number Related Terms

Thank you for viewing the detailed overview of Hala Enterprises's Graham Number provided by GuruFocus.com. Please click on the following links to see related term pages.


Hala Enterprises Business Description

Traded in Other Exchanges
N/A
Address
Halli Road, 120 E-1 Gulberg 3, Lahore, PAK, 54660
Hala Enterprises Ltd manufactures a wide variety of textile products. It is engaged in the manufacturing and sale of terry towels, kitchen towels, and terry cloth. The company generates a majority of its revenue from export activities.

Hala Enterprises Headlines

No Headlines