BM GreenTech Bhd (XKLS:0168) Graham Number: RM1.15 (As of Mar. 2026) — Near 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.
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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.

XKLS:0168 BM GreenTech Bhd XKLS:0168
84 GF Score
Price RM1.86
GF Value RM1.43
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is BM GreenTech Bhd Graham Number?

BM GreenTech Bhd XKLS:0168 -1.06% 84 Graham Number is RM1.15 as of Mar. 2026, which is 100% below its 10-year median of 1.26. GuruFocus rates XKLS:0168 with a GF Score™ of 84/100 and a GF Value™ of RM1.43 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,202 Industrial Products companies, BM GreenTech Bhd ranks better than 52.36% 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 (2026-07-29), the stock price of BM GreenTech Bhd is RM1.86. BM GreenTech Bhd's graham number for the quarter that ended in Mar. 2026 was RM1.15. Therefore, BM GreenTech Bhd's Price to Graham Number ratio for today is 1.62.

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

XKLS:0168' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.69   Med: 1.26   Max: 2.14
Current: 1.62

During the past 13 years, the highest Price to Graham Number ratio of BM GreenTech Bhd was 2.14. The lowest was 0.69. And the median was 1.26.

XKLS:0168's Price-to-Graham-Number is ranked better than
52.36% of 2202 companies
in the Industrial Products industry
Industry Median: 1.68 vs XKLS:0168: 1.62

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


BM GreenTech Bhd  (XKLS:0168) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=1.86/1.15
=1.62

* 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.


BM GreenTech Bhd Graham Number Related Terms


BM GreenTech Bhd Graham Number Historical Data

* Premium members only.

The historical data trend for BM GreenTech 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.

BM GreenTech Bhd Graham Number Chart

BM GreenTech Bhd 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 0.58 0.52 0.85 1.20 1.14

BM GreenTech Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 1.24 1.28 1.19 1.11 1.15

XKLS:0168 vs GEV, ETN, PH: Graham Number Comparison

For the Specialty Industrial Machinery subindustry, BM GreenTech 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.


BM GreenTech Bhd Price-to-Graham-Number vs Industrial Products Industry

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

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


XKLS:0168
84GF Score
BM GreenTech Bhd XKLS:0168
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BM GreenTech Bhd Graham Number Calculation

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

BM GreenTech Bhd'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*0.761*0.076)
=1.14

BM GreenTech 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*0.761*0.077)
=1.15

* 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 RM1.15 mean?
BM GreenTech Bhd (XKLS:0168) has a Graham Number of RM1.15 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on BM GreenTech Bhd and its competitors. This is near median its historical median of 1.26. Over the past decade, BM GreenTech Bhd's Graham Number has ranged from 0.69 to 2.14. According to the industry distribution chart, BM GreenTech Bhd ranks #1049 out of 2202 companies in the Industrial Products industry, placing it in the top 47.6%.
Is BM GreenTech Bhd's Graham Number too high?
BM GreenTech Bhd's current Graham Number of RM1.15 is near median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2.14. Based on the distribution chart, BM GreenTech Bhd ranks #1049 out of 2202 companies in the Industrial Products industry, which is above the industry midpoint. Overall, BM GreenTech Bhd has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BM GreenTech Bhd's Graham Number compare to GEV and ETN?
According to the Industrial Products industry distribution chart, BM GreenTech Bhd ranks #1049 out of 2202 companies for Graham Number. This puts BM GreenTech Bhd in the upper half of its industry. The industry median Graham Number is 1.68. Historically, BM GreenTech Bhd's own Graham Number has ranged from 0.69 to 2.14 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 an Industrial Products company?
The median Graham Number among Industrial Products companies is 1.68, based on 2,202 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 BM GreenTech Bhd and its competitors. For the Industrial Products industry, the median Graham Number is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BM GreenTech Bhd's current Graham Number is RM1.15, which is near median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BM GreenTech Bhd stock overvalued right now?
Based on GuruFocus' analysis, BM GreenTech Bhd (XKLS:0168) is currently considered Modestly Overvalued. The stock's GF Value™ is RM1.43, compared to a current price of RM1.86 — trading 30.1% above its estimated fair value. The current Graham Number is RM1.15, which is near median its 10-year median of 1.26. BM GreenTech Bhd's overall GF Score™ is 84/100 with 6 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 BM GreenTech Bhd (XKLS:0168), the current Graham Number is RM1.15 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 BM GreenTech Bhd (XKLS:0168) Overvalued in 2026?

Based on GuruFocus' analysis, BM GreenTech Bhd stock appears to be overvalued. The current stock price of RM1.86 is trading 30.1% above its estimated GF Value™ of RM1.43. GuruFocus considers BM GreenTech Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:0168:

  • Graham Number: RM1.15 (near median its 10-year median of 1.26)
  • GF Value™: RM1.43 vs. price of RM1.86 (30.1% above fair value)
  • GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the XKLS:0168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BM GreenTech Bhd Business Description

Address Lot 875, Jalan Subang 8, Taman Perindustrian Subang, Selangor Darul Ehsan, Subang Jaya, SGR, MYS, 47620
BM GreenTech Bhd is a company based in Malaysia. The company's operating business segments include Bio-Energy, Water Treatment, and Solar Energy. The majority of its revenue is generated from the Bio-Energy segment. This segment is involved in the manufacturing, installation, and technical support of bio-energy systems, which includes the generation of energy from bio-based materials, technical support, and trading of related parts and accessories. Geographically the company generates the majority of its revenue from Malaysia and Indonesia.
84GF Score

Get the complete analysis for XKLS:0168

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

RM1.86
Price
RM1.43
GF Value