AGX Group Bhd (XKLS:0299) Graham Number: RM0.43 (As of Mar. 2026) — 63% Below 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:0299 AGX Group Bhd XKLS:0299
43 GF Score
Price RM0.48
! 3 Warning Signs
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What is AGX Group Bhd Graham Number?

AGX Group Bhd XKLS:0299 43 Graham Number is RM0.43 as of Mar. 2026, which is 100% below its 10-year median of 1.17. GuruFocus rates XKLS:0299 with a GF Score™ of 43/100. The stock has 3 warning signs investors should review. Among 741 Transportation companies, AGX Group Bhd ranks worse than 55.47% 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 (2026-07-31), the stock price of AGX Group Bhd is RM0.48. AGX Group Bhd's graham number for the quarter that ended in Mar. 2026 was RM0.43. Therefore, AGX Group Bhd's Price to Graham Number ratio for today is 1.13.

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: 0.92   Med: 1.17   Max: 2.46
Current: 1.12

During the past 6 years, the highest Price to Graham Number ratio of AGX Group Bhd was 2.46. The lowest was 0.92. And the median was 1.17.

XKLS:0299's Price-to-Graham-Number is ranked worse than
55.47% of 741 companies
in the Transportation industry
Industry Median: 1.03 vs XKLS:0299: 1.12

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  (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: Mar. 2026 )
=0.48/0.43
=1.13

* 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


AGX Group Bhd Graham Number Historical Data

* Premium members only.

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.

AGX Group Bhd Graham Number Chart

AGX Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial 0.18 0.27 0.26 0.37 0.43

AGX Group Bhd Quarterly Data
Dec20 Dec21 Dec22 Aug23 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 0.46 0.49 0.51 0.44 0.43

XKLS:0299 vs UPS, FDX, JBHT: Graham Number Comparison

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 Price-to-Graham-Number vs 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.


XKLS:0299
43GF Score
AGX Group Bhd XKLS:0299
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.231*0.035)
=0.43

AGX Group 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*0.237*0.034)
=0.43

* 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 RM0.43 mean?
AGX Group Bhd (XKLS:0299) has a Graham Number of RM0.43 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on AGX Group Bhd and its competitors. This is 63% below median its historical median of 1.17. Over the past decade, AGX Group Bhd's Graham Number has ranged from 0.92 to 2.46. According to the industry distribution chart, AGX Group Bhd ranks #411 out of 741 companies in the Transportation industry, placing it in the top 55.5%.
Is AGX Group Bhd's Graham Number too high?
AGX Group Bhd's current Graham Number of RM0.43 is 63% below median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 2.46. Based on the distribution chart, AGX Group Bhd ranks #411 out of 741 companies in the Transportation industry, which is below the industry midpoint. Overall, AGX Group Bhd has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does AGX Group Bhd's Graham Number compare to UPS and FDX?
According to the Transportation industry distribution chart, AGX Group Bhd ranks #411 out of 741 companies for Graham Number. This places AGX Group Bhd in the lower half of its industry. The industry median Graham Number is 1.03. Historically, AGX Group Bhd's own Graham Number has ranged from 0.92 to 2.46 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 Transportation company?
The median Graham Number among Transportation companies is 1.03, based on 741 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 AGX Group Bhd and its competitors. For the Transportation industry, the median Graham Number is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AGX Group Bhd's current Graham Number is RM0.43, which is 63% below median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AGX Group Bhd stock overvalued right now?
AGX Group Bhd (XKLS:0299) has a current Graham Number of RM0.43. The current Graham Number is RM0.43, which is 63% below median its 10-year median of 1.17. AGX Group Bhd's overall GF Score™ is 43/100 with 3 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 AGX Group Bhd (XKLS:0299), the current Graham Number is RM0.43 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.

AGX Group Bhd Business Description

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, Vietnam, and Singapore. Its sea and air freight forwarding services are mostly concerned with organizing the transportation of cargo for its 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 key revenue for the company.
43GF Score

Get the complete analysis for XKLS:0299

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

RM0.48
Price