XOX Technology Bhd (XKLS:0017) Graham Number: RM0.07 (As of Mar. 2026) — 91% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

What is XOX Technology Bhd Graham Number?

XOX Technology Bhd XKLS:0017 +12.50% Graham Number is RM0.07 as of Mar. 2026, which is 100% below its 10-year median of 0.77. The stock has 1 warning sign investors should review. Among 194 Telecommunication Services companies, XOX Technology Bhd ranks better than 86.6% 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 (2026-08-16), the stock price of XOX Technology Bhd is RM0.045. XOX Technology Bhd's graham number for the quarter that ended in Mar. 2026 was RM0.07. Therefore, XOX Technology Bhd's Price to Graham Number ratio for today is 0.67.

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

XKLS:0017' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.5   Med: 0.77   Max: 3.5
Current: 0.64

During the past 13 years, the highest Price to Graham Number ratio of XOX Technology Bhd was 3.50. The lowest was 0.50. And the median was 0.77.

XKLS:0017's Price-to-Graham-Number is ranked better than
86.6% of 194 companies
in the Telecommunication Services industry
Industry Median: 1.565 vs XKLS:0017: 0.64

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


XOX Technology Bhd  (XKLS:0017) 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.

XOX Technology Bhd's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.045/0.07
=0.67

* 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.


XOX Technology Bhd Graham Number Related Terms


XOX Technology Bhd Graham Number Historical Data

* Premium members only.

The historical data trend for XOX Technology Bhd'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.

XOX Technology Bhd Graham Number Chart

XOX Technology Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Dec19 Dec20 Mar21 Mar22 Mar23 Jun25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.03 0.08

XOX Technology Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.08 0.08 0.08 0.07 0.07

XKLS:0017 vs VZ, TMUS, T: Graham Number Comparison

For the Telecom Services subindustry, XOX Technology Bhd'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.


XOX Technology Bhd Price-to-Graham-Number vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, XOX Technology Bhd's Price-to-Graham-Number distribution charts can be found below:

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



XOX Technology Bhd Graham Number Calculation

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

XOX Technology Bhd's Graham Number for the fiscal year that ended in Jun. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.032*0.01)
=0.08

XOX Technology Bhd'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*0.033*0.006)
=0.07

* 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 RM0.07 mean?
XOX Technology Bhd (XKLS:0017) has a Graham Number of RM0.07 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on XOX Technology Bhd and its competitors. This is 91% below median its historical median of 0.77. Over the past decade, XOX Technology Bhd's Graham Number has ranged from 0.50 to 3.50. According to the industry distribution chart, XOX Technology Bhd ranks #26 out of 194 companies in the Telecommunication Services industry, placing it in the top 13.4%.
Is XOX Technology Bhd's Graham Number too high?
XOX Technology Bhd's current Graham Number of RM0.07 is 91% below median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 3.50. Based on the distribution chart, XOX Technology Bhd ranks #26 out of 194 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers.
How does XOX Technology Bhd's Graham Number compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, XOX Technology Bhd ranks #26 out of 194 companies for Graham Number. This places XOX Technology Bhd in the top 13% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.57. Historically, XOX Technology Bhd's own Graham Number has ranged from 0.50 to 3.50 over the past decade. 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 Telecommunication Services company?
The median Graham Number among Telecommunication Services companies is 1.57, based on 194 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. 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 XOX Technology Bhd and its competitors. For the Telecommunication Services industry, the median Graham Number is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XOX Technology Bhd's current Graham Number is RM0.07, which is 91% below median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XOX Technology Bhd stock overvalued right now?
XOX Technology Bhd (XKLS:0017) has a current Graham Number of RM0.07. The current Graham Number is RM0.07, which is 91% below median its 10-year median of 0.77. 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 XOX Technology Bhd (XKLS:0017), the current Graham Number is RM0.07 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.

XOX Technology Bhd Business Description

Address The Troika No. 19, Persiaran KLCC, 2-2, Second Floor, Tower B, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50450
XOX Technology Bhd provides mobile solutions and engages in the trading and distribution of fast-moving electronic goods and related products. The company delivers and settles mobile messaging and data services such as SMS, MMS, and WAP, supporting mobile interoperability and various value-added services. Through its subsidiaries, the Group also offers SaaS-based business solutions. Its principal activities further include research and development, the development of proprietary software, mobile solutions, related hardware and equipment, cloud service solutions, and customised software development to support diverse business needs. The company operates across Malaysia, Pakistan, and the United Arab Emirates, with the majority of its revenue generated in Malaysia.