GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » SunCorp Technologies Ltd (OTCPK:SUNTF) » Definitions » Graham Number

SunCorp Technologies (SunCorp Technologies) Graham Number : $0.03 (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is SunCorp Technologies 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 SunCorp Technologies is $0.0211. SunCorp Technologies's graham number for the quarter that ended in Dec. 2023 was $0.03. Therefore, SunCorp Technologies's Price to Graham Number ratio for today is 0.70.

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

SUNTF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.53   Med: 1.2   Max: 1.2
Current: 0.53

During the past 13 years, the highest Price to Graham Number ratio of SunCorp Technologies was 1.20. The lowest was 0.53. And the median was 1.20.

SUNTF's Price-to-Graham-Number is ranked better than
74.93% of 351 companies
in the Conglomerates industry
Industry Median: 0.89 vs SUNTF: 0.53

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


SunCorp Technologies Graham Number Historical Data

The historical data trend for SunCorp Technologies'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.

SunCorp Technologies Graham Number Chart

SunCorp Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.02

SunCorp Technologies Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.03

Competitive Comparison of SunCorp Technologies's Graham Number

For the Conglomerates subindustry, SunCorp Technologies'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.


SunCorp Technologies's Price-to-Graham-Number Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, SunCorp Technologies's Price-to-Graham-Number distribution charts can be found below:

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



SunCorp Technologies Graham Number Calculation

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

SunCorp Technologies'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*0.02*0.001)
=0.02

SunCorp Technologies'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*0.02*0.002)
=0.03

* 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.


SunCorp Technologies  (OTCPK:SUNTF) 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.

SunCorp Technologies's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=0.0211/0.03
=0.70

* 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.


SunCorp Technologies Graham Number Related Terms

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


SunCorp Technologies (SunCorp Technologies) Business Description

Traded in Other Exchanges
Address
99 Queen’s Road Central, Unit 2305, 23rd Floor, The Center, Hong Kong, HKG
SunCorp Technologies Ltd is engaged in sales and marketing of residential telephone and related products, computer-related components, securities brokerage, placing and underwriting, money lending, and B2B cross-border e-commerce. Its operating segments are; Sales of telephones and related components; Processing and trading of used computer-related components; Money lending services; Provision of securities brokerage, placing and underwriting services, and Sales of clothes and beauty products. Geographically it operates in PRC (including Hong Kong); India; Indonesia; USA; and Others, with the majority of the revenue deriving from the PRC (including Hong Kong).

SunCorp Technologies (SunCorp Technologies) Headlines

No Headlines