Astramina Group Bhd (XKLS:03032) Graham Number: RM0.37 (As of Feb. 2026) — 73% Below Median

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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:03032 Astramina Group Bhd XKLS:03032
46 GF Score
Price RM0.50
GF Value RM0.43
! 6 Warning Signs
View Full Analysis

What is Astramina Group Bhd Graham Number?

Astramina Group Bhd XKLS:03032 46 Graham Number is RM0.37 as of Feb. 2026, which is 100% below its 10-year median of 1.36. GuruFocus rates XKLS:03032 with a GF Score™ of 46/100 and a GF Value™ of RM0.43. The stock has 6 warning signs investors should review.

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 (2026-07-28), the stock price of Astramina Group Bhd is RM0.50. Astramina Group Bhd's graham number for the quarter that ended in Feb. 2026 was RM0.37. Therefore, Astramina Group Bhd's Price to Graham Number ratio for today is 1.36.

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: 1.06   Med: 1.36   Max: 1.54
Current: 1.35

During the past 9 years, the highest Price to Graham Number ratio of Astramina Group Bhd was 1.54. The lowest was 1.06. And the median was 1.36.

XKLS:03032's Price-to-Graham-Number is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 1.1 vs XKLS:03032: 1.35

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  (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: Feb. 2026 )
=0.50/0.37
=1.36

* 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


Astramina Group Bhd Graham Number Historical Data

* Premium members only.

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.

Astramina Group Bhd Graham Number Chart

Astramina Group Bhd Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Graham Number
Get a 7-Day Free Trial Premium Member Only 0.27 0.27 0.35 0.42 0.37

Astramina Group Bhd Semi-Annual Data
Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.34 0.35 0.42 0.44 0.37

XKLS:03032 vs JBS, KHC, K: Graham Number Comparison

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 Price-to-Graham-Number vs 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.


XKLS:03032
46GF Score
Astramina Group Bhd XKLS:03032
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.26*0.023)
=0.37

Astramina Group Bhd's Graham Number for the quarter that ended in Feb. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.26*0.023)
=0.37

* 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 RM0.37 mean?
Astramina Group Bhd (XKLS:03032) has a Graham Number of RM0.37 as of Feb. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Astramina Group Bhd and its competitors. This is 73% below median its historical median of 1.36. Over the past decade, Astramina Group Bhd's Graham Number has ranged from 1.06 to 1.54.
Is Astramina Group Bhd's Graham Number too high?
Astramina Group Bhd's current Graham Number of RM0.37 is 73% below median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 1.54. Overall, Astramina Group Bhd has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Astramina Group Bhd's Graham Number compare to JBS and KHC?
Astramina Group Bhd's Graham Number of RM0.37 can be compared against companies in the Consumer Packaged Goods industry. The industry median Graham Number is 1.10. Historically, Astramina Group Bhd's own Graham Number has ranged from 1.06 to 1.54 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 Consumer Packaged Goods company?
The median Graham Number among Consumer Packaged Goods companies is 1.10, based on 1,385 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 Astramina Group Bhd and its competitors. For the Consumer Packaged Goods industry, the median Graham Number is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astramina Group Bhd's current Graham Number is RM0.37, which is 73% below median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astramina Group Bhd stock overvalued right now?
Astramina Group Bhd (XKLS:03032) has a current Graham Number of RM0.37. The stock's GF Value™ is RM0.43, compared to a current price of RM0.50 — trading 16.3% above its estimated fair value. The current Graham Number is RM0.37, which is 73% below median its 10-year median of 1.36. Astramina Group Bhd's overall GF Score™ is 46/100 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 Astramina Group Bhd (XKLS:03032), the current Graham Number is RM0.37 as of Feb. 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 Astramina Group Bhd (XKLS:03032) Overvalued in 2026?

Based on GuruFocus' analysis, Astramina Group Bhd stock appears to be overvalued. The current stock price of RM0.50 is trading 16.3% above its estimated GF Value™ of RM0.43.

Key valuation signals for XKLS:03032:

  • Graham Number: RM0.37 (73% below median its 10-year median of 1.36)
  • GF Value™: RM0.43 vs. price of RM0.50 (16.3% above fair value)
  • GF Score™: 46/100 with 6 warning signs

No single metric tells the full story. See the XKLS:03032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Astramina Group Bhd Business Description

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 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. It operates in Malaysia and Other countries as well.
46GF Score

Get the complete analysis for XKLS:03032

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

RM0.50
Price
RM0.43
GF Value