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Fibon Bhd (XKLS:0149) Graham Number : RM0.69 (As of Aug. 2024)


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What is Fibon Bhd 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 (2024-12-12), the stock price of Fibon Bhd is RM0.40. Fibon Bhd's graham number for the quarter that ended in Aug. 2024 was RM0.69. Therefore, Fibon Bhd's Price to Graham Number ratio for today is 0.58.

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

XKLS:0149' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.43   Med: 0.78   Max: 1.69
Current: 0.58

During the past 13 years, the highest Price to Graham Number ratio of Fibon Bhd was 1.69. The lowest was 0.43. And the median was 0.78.

XKLS:0149's Price-to-Graham-Number is ranked better than
89.06% of 2176 companies
in the Industrial Products industry
Industry Median: 1.71 vs XKLS:0149: 0.58

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


Fibon Bhd Graham Number Historical Data

The historical data trend for Fibon 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.

* Premium members only.

Fibon Bhd Graham Number Chart

Fibon Bhd Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.46 0.65 0.81 0.79

Fibon Bhd Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.82 0.86 0.77 0.79 0.69

Competitive Comparison of Fibon Bhd's Graham Number

For the Electrical Equipment & Parts subindustry, Fibon 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.


Fibon Bhd's Price-to-Graham-Number Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fibon Bhd's Price-to-Graham-Number distribution charts can be found below:

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



Fibon Bhd Graham Number Calculation

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

Fibon Bhd's Graham Number for the fiscal year that ended in May. 2024 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.622*0.045)
=0.79

Fibon Bhd's Graham Number for the quarter that ended in Aug. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.624*0.034)
=0.69

* 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.


Fibon Bhd  (XKLS:0149) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Aug. 2024 )
=0.40/0.69
=0.58

* 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.


Fibon Bhd Graham Number Related Terms

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


Fibon Bhd Business Description

Traded in Other Exchanges
N/A
Address
12A, Jalan 20, Taman Sri Kluang, Kluang, JHR, MYS, 86000
Fibon Bhd is enagaged in the manufacturing of polymer matrix fibre composites for the manufacturing of high-amperage insulators. The business segments of the company are Investment holding, Sales of goods and Financing income. The Investment holding segment includes investments made and other related activities. The Sales of goods segment comprises manufacturing and trading of electrical insulators, electrical enclosures, switchboards equipment parts and meter boards. The Financing income segment is engaged in the financial business of factoring and financing activities. The majority of the firm's revenue comes from Singapore.

Fibon Bhd Headlines

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