VTSYF (Vitasoy International Holdings) Graham Number: $0.50 (As of Mar. 2026) — 86% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VTSYF Vitasoy International Holdings Ltd VTSYF
77 GF Score
Price $0.82
GF Value $1.01
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Vitasoy International Holdings Graham Number?

Vitasoy International Holdings VTSYF 77 Graham Number is $0.50 as of Mar. 2026, which is 86% below its 10-year median of 3.48. GuruFocus rates VTSYF with a GF Score™ of 77/100 and a GF Value™ of $1.01 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,387 Consumer Packaged Goods companies, Vitasoy International Holdings ranks worse than 71.59% on this metric.

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 (2026-07-30), the stock price of Vitasoy International Holdings is $0.82. Vitasoy International Holdings's graham number for the quarter that ended in Mar. 2026 was $0.50. Therefore, Vitasoy International Holdings's Price to Graham Number ratio for today is 1.65.

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

VTSYF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.61   Med: 3.48   Max: 10.27
Current: 1.71

During the past 13 years, the highest Price to Graham Number ratio of Vitasoy International Holdings was 10.27. The lowest was 1.61. And the median was 3.48.

VTSYF's Price-to-Graham-Number is ranked worse than
71.59% of 1387 companies
in the Consumer Packaged Goods industry
Industry Median: 1.1 vs VTSYF: 1.71

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


Vitasoy International Holdings  (OTCPK:VTSYF) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.82/0.50
=1.65

* 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.


Vitasoy International Holdings Graham Number Related Terms


Vitasoy International Holdings Graham Number Historical Data

* Premium members only.

The historical data trend for Vitasoy 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.

Vitasoy International Holdings Graham Number Chart

Vitasoy International Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.18 0.35 0.50 0.50

Vitasoy International Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.35 0.40 0.50 0.48 0.50

VTSYF vs KHC, GIS: Graham Number Comparison

For the Packaged Foods subindustry, Vitasoy 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.


Vitasoy International Holdings Price-to-Graham-Number vs Consumer Packaged Goods Industry

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

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


VTSYF
77GF Score
Vitasoy International Holdings Ltd VTSYF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vitasoy International Holdings Graham Number Calculation

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

Vitasoy International Holdings's Graham Number for the fiscal year that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.365*0.03)
=0.50

Vitasoy International Holdings's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.365*0.03)
=0.50

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of $0.50 mean?
Vitasoy International Holdings (VTSYF) has a Graham Number of $0.50 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Vitasoy International Holdings and its competitors. This is 86% below median its historical median of 3.48. Over the past decade, Vitasoy International Holdings' Graham Number has ranged from 1.61 to 10.27. According to the industry distribution chart, Vitasoy International Holdings ranks #993 out of 1387 companies in the Consumer Packaged Goods industry, placing it in the top 71.6%.
Is Vitasoy International Holdings' Graham Number too high?
Vitasoy International Holdings' current Graham Number of $0.50 is 86% below median its 10-year median of 3.48. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 10.27. The Consumer Packaged Goods industry median Graham Number is 1.10. Vitasoy International Holdings' value of $0.50 is 54.5% below this industry median. Based on the distribution chart, Vitasoy International Holdings ranks #993 out of 1387 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Vitasoy International Holdings has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vitasoy International Holdings' Graham Number compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Vitasoy International Holdings ranks #993 out of 1387 companies for Graham Number. This places Vitasoy International Holdings in the lower half of its industry. The industry median Graham Number is 1.10. Vitasoy International Holdings' value of $0.50 is 54.5% below this benchmark. Historically, Vitasoy International Holdings' own Graham Number has ranged from 1.61 to 10.27 over the past decade. While the company's 10-year median is 3.48 vs. the industry median of 1.10, Vitasoy International Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Consumer Packaged Goods company?
The median Graham Number among Consumer Packaged Goods companies is 1.10, based on 1,387 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vitasoy International Holdings's current Graham Number of $0.50 is 54.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Vitasoy International Holdings and its competitors. For the Consumer Packaged Goods industry, the median Graham Number is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vitasoy International Holdings's current Graham Number is $0.50, which is 86% below median its own 10-year median of 3.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitasoy International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Vitasoy International Holdings (VTSYF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.01, compared to a current price of $0.82 — trading 18.8% below its estimated fair value. The current Graham Number is $0.50, which is 86% below median its 10-year median of 3.48 and 54.5% below the Consumer Packaged Goods industry median of 1.10. Vitasoy International Holdings' overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Vitasoy International Holdings (VTSYF), the current Graham Number is $0.50 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vitasoy International Holdings (VTSYF) Overvalued in 2026?

Based on GuruFocus' analysis, Vitasoy International Holdings stock appears to be undervalued. The current stock price of $0.82 is trading 18.8% below its estimated GF Value™ of $1.01. GuruFocus considers Vitasoy International Holdings to be Modestly Undervalued.

Key valuation signals for VTSYF:

  • Graham Number: $0.50 (86% below median its 10-year median of 3.48)
  • GF Value™: $1.01 vs. price of $0.82 (18.8% below fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 54.5% below the Consumer Packaged Goods median (#993 of 1387)

No single metric tells the full story. See the VTSYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vitasoy International Holdings Business Description

Other Exchanges 00345:Hong Kong
Address Number 1 Kin Wong Street, Tuen Mun, New Territories, Hong Kong, HKG
Vitasoy International Holdings Ltd manufactures and sells food and beverages. Its products include tofu, soy and other plant-based milk, dairy milk, juice, and packaged tea and water. Vitasoy's brands include Vitasoy, Vita, Calci-Plus, Sansui, and Unicurd. Geographically, the company derives its key revenue from Mainland China and the rest from Hong Kong, Singapore, Australia, and New Zealand.
77GF Score

Get the complete analysis for VTSYF

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.82
Price
$1.01
GF Value