GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Astramina Group Bhd (XKLS:03032) » Definitions » Graham Number

Astramina Group Bhd (XKLS:03032) Graham Number : RM0.33 (As of Aug. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Astramina 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 (2024-06-23), the stock price of Astramina Group Bhd is RM0.37. Astramina Group Bhd's graham number for the quarter that ended in Aug. 2023 was RM0.33. Therefore, Astramina Group Bhd's Price to Graham Number ratio for today is 1.13.

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

XKLS:03032' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.12   Med: 1.54   Max: 1.54
Current: 1.12

During the past 6 years, the highest Price to Graham Number ratio of Astramina Group Bhd was 1.54. The lowest was 1.12. And the median was 1.54.

XKLS:03032's Price-to-Graham-Number is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 1.26 vs XKLS:03032: 1.12

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


Astramina Group Bhd Graham Number Historical Data

The historical data trend for Astramina 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.

Astramina Group Bhd Graham Number Chart

Astramina Group Bhd Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Graham Number
Get a 7-Day Free Trial 0.17 - 0.24 0.27 0.27

Astramina Group Bhd Semi-Annual Data
Feb18 Aug18 Feb19 Aug19 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.24 0.27 0.24 0.27 0.33

Competitive Comparison of Astramina Group Bhd's Graham Number

For the Packaged Foods subindustry, Astramina 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.


Astramina Group Bhd's Price-to-Graham-Number Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Astramina Group Bhd's Price-to-Graham-Number distribution charts can be found below:

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



Astramina Group Bhd Graham Number Calculation

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

Astramina Group Bhd's Graham Number for the fiscal year that ended in Feb. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.175*0.018)
=0.27

Astramina Group Bhd's Graham Number for the quarter that ended in Aug. 2023 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.19*0.025)
=0.33

* 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.


Astramina Group Bhd  (XKLS:03032) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Aug. 2023 )
=0.37/0.33
=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.


Astramina Group Bhd Graham Number Related Terms

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


Astramina Group Bhd (XKLS:03032) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 102, Jalan Metro Perdana Barat 13, Sri Edaran Industrial Park, Off Jalan Kepong, Kuala Lumpur, MYS, 52100
Astramina Group Bhd through its subsidiary is engaged in the manufacturing and selling of food ingredients, and trading of food ingredients. The company distribute its seasoning products through several key distributors from Singapore, South Korea, Sri Lanka, Bangladesh, Pakistan, Indonesia, Myanmar and China. The operating business segments are manufacturing and selling of food ingredients, and trading of food ingredients, with maximum revenue from manufacturing and selling of food ingredients segment.

Astramina Group Bhd (XKLS:03032) Headlines

No Headlines