GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lintes Technology Co Ltd (TPE:6715) » Definitions » Graham Number

Lintes Technology Co (TPE:6715) Graham Number : NT$79.92 (As of Dec. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Lintes Technology Co 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 (2025-03-29), the stock price of Lintes Technology Co is NT$137.00. Lintes Technology Co's graham number for the quarter that ended in Dec. 2024 was NT$79.92. Therefore, Lintes Technology Co's Price to Graham Number ratio for today is 1.71.

The historical rank and industry rank for Lintes Technology Co's Graham Number or its related term are showing as below:

TPE:6715' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.3   Med: 2.11   Max: 2.73
Current: 1.71

During the past 10 years, the highest Price to Graham Number ratio of Lintes Technology Co was 2.73. The lowest was 1.30. And the median was 2.11.

TPE:6715's Price-to-Graham-Number is ranked worse than
55.14% of 1585 companies
in the Hardware industry
Industry Median: 1.53 vs TPE:6715: 1.71

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


Lintes Technology Co Graham Number Historical Data

The historical data trend for Lintes Technology Co'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.

Lintes Technology Co Graham Number Chart

Lintes Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.69 44.17 94.22 80.18 79.67

Lintes Technology Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 80.18 86.84 85.84 80.99 79.92

Competitive Comparison of Lintes Technology Co's Graham Number

For the Communication Equipment subindustry, Lintes Technology Co'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.


Lintes Technology Co's Price-to-Graham-Number Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lintes Technology Co's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Lintes Technology Co's Price-to-Graham-Number falls into.


;
;

Lintes Technology Co Graham Number Calculation

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

Lintes Technology Co's Graham Number for the fiscal year that ended in Dec. 2024 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*54.17*5.208)
=79.67

Lintes Technology Co's Graham Number for the quarter that ended in Dec. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*54.17*5.24)
=79.92

* 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.


Lintes Technology Co  (TPE:6715) 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.

Lintes Technology Co's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2024 )
=137.00/79.92
=1.71

* 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.


Lintes Technology Co Graham Number Related Terms

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


Lintes Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Number 166, Jian 1st Road, 12th Floor, Zhonghe District, New Taipei City, TWN, 235
Lintes Technology Co Ltd is a Taiwan-based company engaged in developing peripheral products. It is a provider of active cables and modules for high-speed communications links. The company's main business is the manufacture, processing, buying and selling of wires and cables, electrical appliances and audio-visual electronic products, electronic components, and import and export trading and agency related to the aforementioned items. Products offered by the company include Lintes TBT3 Travel Dock, Lintes TBT3 eSATA+USB3.1 Dongle, Lintes TBT3 to TBT2 Baby adaptor, LINTES Thunderbolt 3 Legacy Adaptor, and Ultra-thin Thunderbolt Active Electrical Cable, among others. Geographically, the company derives key revenue from Asia and the rest from Taiwan, the Americas, and Europe.

Lintes Technology Co Headlines

No Headlines