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Tex Cycle Technology (M) BhdXKLS:0089 +0.51%82 Graham Number is RM1.19 as of Mar. 2026, which is 100% below its 10-year median of 1.12. GuruFocus rates XKLS:0089 with a GF Score™ of 82/100 and a GF Value™ of RM1.93 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 138 Waste Management companies, Tex Cycle Technology (M) Bhd ranks better than 76.81% 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.
The historical rank and industry rank for Tex Cycle Technology (M) Bhd's Graham Number or its related term are showing as below:
XKLS:0089'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.6 Med: 1.12 Max: 2.5
Current: 0.84
During the past 13 years, the highest Price to Graham Number ratio of Tex Cycle Technology (M) Bhd was 2.50. The lowest was 0.60. And the median was 1.12.
XKLS:0089's Price-to-Graham-Number is ranked better than 76.81% of 138
companies
in the Waste Management industry
Industry Median: 1.395
vs XKLS:0089: 0.84
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Tex Cycle Technology (M) Bhd (XKLS:0089) 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.
Tex Cycle Technology (M) Bhd's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
0.995
/
1.19
=
0.84
* 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.
Tex Cycle Technology (M) Bhd Graham Number Related Terms
Tex Cycle Technology (M) Bhd Graham Number Historical Data
* 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.
XKLS:0089 vs WM, RSG, WCN: Graham Number Comparison
For the Waste Management subindustry, Tex Cycle Technology (M) 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.
Tex Cycle Technology (M) Bhd Price-to-Graham-Number vs Waste Management Industry
For the Waste Management industry and Industrials sector, Tex Cycle Technology (M) Bhd's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Tex Cycle Technology (M) Bhd's Price-to-Graham-Number falls into.
* 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.
Tex Cycle Technology (M) Bhd (XKLS:0089) has a Graham Number of RM1.19 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Tex Cycle Technology (M) Bhd and its competitors. This is near median its historical median of 1.12. Over the past decade, Tex Cycle Technology (M) Bhd's Graham Number has ranged from 0.60 to 2.50. According to the industry distribution chart, Tex Cycle Technology (M) Bhd ranks #32 out of 138 companies in the Waste Management industry, placing it in the top 23.2%.
Is Tex Cycle Technology (M) Bhd's Graham Number too high?
Tex Cycle Technology (M) Bhd's current Graham Number of RM1.19 is near median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 2.50. Based on the distribution chart, Tex Cycle Technology (M) Bhd ranks #32 out of 138 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Tex Cycle Technology (M) Bhd has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tex Cycle Technology (M) Bhd's Graham Number compare to WM and RSG?
According to the Waste Management industry distribution chart, Tex Cycle Technology (M) Bhd ranks #32 out of 138 companies for Graham Number. This places Tex Cycle Technology (M) Bhd in the top 23% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.40. Historically, Tex Cycle Technology (M) Bhd's own Graham Number has ranged from 0.60 to 2.50 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 Waste Management company?
The median Graham Number among Waste Management companies is 1.40, based on 138 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 Tex Cycle Technology (M) Bhd and its competitors. For the Waste Management industry, the median Graham Number is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tex Cycle Technology (M) Bhd's current Graham Number is RM1.19, which is near median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tex Cycle Technology (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tex Cycle Technology (M) Bhd (XKLS:0089) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.93, compared to a current price of RM1.00 — trading 48.4% below its estimated fair value. The current Graham Number is RM1.19, which is near median its 10-year median of 1.12. Tex Cycle Technology (M) Bhd's overall GF Score™ is 82/100 with 5 warning signs 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 Tex Cycle Technology (M) Bhd (XKLS:0089), the current Graham Number is RM1.19 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 Tex Cycle Technology (M) Bhd (XKLS:0089) Overvalued in 2026?
Based on GuruFocus' analysis, Tex Cycle Technology (M) Bhd stock appears to be undervalued.
The current stock price of RM1.00 is trading 48.4% below its estimated GF Value™ of RM1.93.
GuruFocus considers Tex Cycle Technology (M) Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0089:
Graham Number: RM1.19 (near median its 10-year median of 1.12)
GF Value™: RM1.93 vs. price of RM1.00 (48.4% below fair value)
No single metric tells the full story. See the XKLS:0089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tex Cycle Technology (M) Bhd is engaged in the provision of recovery and recycling of scheduled waste. It operates in six segments. The investment holding segment comprises investing in property and unquoted securities on a long-term basis; the recovery and recycling services segment comprises the provision of waste recovery and recycling services, and rental of recycled products; the rental of investment property segment; trading segment comprises trading of chemicals and other products; renewable energy segment includes the provision of equipment and consultancy services related to renewable energy; and others segment. The majority of company's revenue comes from the recovery and recycling services segment.
82GF Score
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