GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AGX Group Bhd (XKLS:0299) » Definitions » Graham Number

AGX Group Bhd (XKLS:0299) Graham Number : RM0.27 (As of Dec. 2022)


View and export this data going back to 2024. Start your Free Trial

What is AGX Group 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 (2024-06-13), the stock price of AGX Group Bhd is RM0.31. AGX Group Bhd's graham number for the quarter that ended in Dec. 2022 was RM0.27. Therefore, AGX Group Bhd's Price to Graham Number ratio for today is 1.16.

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

XKLS:0299' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.24
Current: 1.15

During the past 3 years, the highest Price to Graham Number ratio of AGX Group Bhd was 1.24. The lowest was 0.00. And the median was 0.00.

XKLS:0299's Price-to-Graham-Number is ranked worse than
60.08% of 724 companies
in the Transportation industry
Industry Median: 0.98 vs XKLS:0299: 1.15

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


AGX Group Bhd Graham Number Historical Data

The historical data trend for AGX Group 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.

AGX Group Bhd Graham Number Chart

AGX Group Bhd Annual Data
Trend Dec20 Dec21 Dec22
Graham Number
0.03 0.18 0.27

AGX Group Bhd Semi-Annual Data
Dec20 Dec21 Dec22
Graham Number - 0.18 0.27

Competitive Comparison of AGX Group Bhd's Graham Number

For the Integrated Freight & Logistics subindustry, AGX Group 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.


AGX Group Bhd's Price-to-Graham-Number Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, AGX Group Bhd's Price-to-Graham-Number distribution charts can be found below:

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



AGX Group Bhd Graham Number Calculation

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

AGX Group Bhd's Graham Number for the fiscal year that ended in Dec. 2022 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.099*0.032)
=0.27

AGX Group Bhd's Graham Number for the quarter that ended in Dec. 2022 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.099*0.032)
=0.27

* 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.


AGX Group Bhd  (XKLS:0299) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2022 )
=0.31/0.27
=1.16

* 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.


AGX Group Bhd Graham Number Related Terms

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


AGX Group Bhd (XKLS:0299) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Jalan USJ 10/1A, Unit 1A-C and Unit 2A-C, 2nd Floor, Pusat Perniagaan USJ 10, UEP Subang Jaya, SGR, MYS, 47610
AGX Group Bhd is a logistics service provider. It is a 3PL service provider that comprises sea and air freight forwarding, aerospace logistics, warehousing and other 3PL, and road freight transportation services. It also provides services to assist senders or receivers in transporting their goods from the point of origin to their final destinations and has services in all the countries and has a physical presence, namely Malaysia, the Philippines, Korea, Myanmar, and Singapore. Its sea and air freight forwarding services are mostly concerned with organizing the transportation of cargo for our customers, starting from the point of origin and ending when the freight is delivered to its final destination. Sea and air freight forwarding services generate maximum revenue for the company.

AGX Group Bhd (XKLS:0299) Headlines

No Headlines