Dynafront Holdings Bhd (XKLS:03046) Graham Number: RM0.18 (As of Dec. 2025) — 94% 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.
Reviewed by: Charlie Tian Charlie Tian
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:03046 Dynafront Holdings Bhd XKLS:03046
47 GF Score
Price RM0.80
GF Value RM0.87
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Dynafront Holdings Bhd Graham Number?

Dynafront Holdings Bhd XKLS:03046 47 Graham Number is RM0.18 as of Dec. 2025, which is 100% below its 10-year median of 3.10. GuruFocus rates XKLS:03046 with a GF Score™ of 47/100 and a GF Value™ of RM0.87 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,475 Software companies, Dynafront Holdings Bhd ranks worse than 82.37% 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 (2026-08-04), the stock price of Dynafront Holdings Bhd is RM0.80. Dynafront Holdings Bhd's graham number for the quarter that ended in Dec. 2025 was RM0.18. Therefore, Dynafront Holdings Bhd's Price to Graham Number ratio for today is 4.55.

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

XKLS:03046' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.87   Med: 3.1   Max: 5.56
Current: 4.44

During the past 7 years, the highest Price to Graham Number ratio of Dynafront Holdings Bhd was 5.56. The lowest was 0.87. And the median was 3.10.

XKLS:03046's Price-to-Graham-Number is ranked worse than
82.37% of 1475 companies
in the Software industry
Industry Median: 1.87 vs XKLS:03046: 4.44

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


Dynafront Holdings Bhd  (XKLS:03046) 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.

Dynafront Holdings Bhd's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=0.80/0.18
=4.55

* 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.


Dynafront Holdings Bhd Graham Number Related Terms


Dynafront Holdings Bhd Graham Number Historical Data

* Premium members only.

The historical data trend for Dynafront Holdings 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.

Dynafront Holdings Bhd Graham Number Chart

Dynafront Holdings Bhd Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Graham Number
Get a 7-Day Free Trial 0.00 0.32 0.33 0.28 0.25

Dynafront Holdings Bhd Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.29 0.28 0.27 0.25 0.18

XKLS:03046 vs QH, SHOP, UBER: Graham Number Comparison

For the Software - Application subindustry, Dynafront Holdings 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.


Dynafront Holdings Bhd Price-to-Graham-Number vs Software Industry

For the Software industry and Technology sector, Dynafront Holdings Bhd's Price-to-Graham-Number distribution charts can be found below:

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


XKLS:03046
47GF Score
Dynafront Holdings Bhd XKLS:03046
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dynafront Holdings Bhd Graham Number Calculation

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

Dynafront Holdings Bhd's Graham Number for the fiscal year that ended in Jun. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.199*0.014)
=0.25

Dynafront Holdings Bhd's Graham Number for the quarter that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.196*0.007)
=0.18

* 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 RM0.18 mean?
Dynafront Holdings Bhd (XKLS:03046) has a Graham Number of RM0.18 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Dynafront Holdings Bhd and its competitors. This is 94% below median its historical median of 3.10. Over the past decade, Dynafront Holdings Bhd's Graham Number has ranged from 0.87 to 5.56. According to the industry distribution chart, Dynafront Holdings Bhd ranks #1215 out of 1475 companies in the Software industry, placing it in the top 82.4%.
Is Dynafront Holdings Bhd's Graham Number too high?
Dynafront Holdings Bhd's current Graham Number of RM0.18 is 94% below median its 10-year median of 3.10. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 5.56. Based on the distribution chart, Dynafront Holdings Bhd ranks #1215 out of 1475 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Dynafront Holdings Bhd has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dynafront Holdings Bhd's Graham Number compare to QH and SHOP?
According to the Software industry distribution chart, Dynafront Holdings Bhd ranks #1215 out of 1475 companies for Graham Number. This places Dynafront Holdings Bhd in the lower half of its industry. The industry median Graham Number is 1.87. Historically, Dynafront Holdings Bhd's own Graham Number has ranged from 0.87 to 5.56 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 Software company?
The median Graham Number among Software companies is 1.87, based on 1,475 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 Dynafront Holdings Bhd and its competitors. For the Software industry, the median Graham Number is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dynafront Holdings Bhd's current Graham Number is RM0.18, which is 94% below median its own 10-year median of 3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dynafront Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Dynafront Holdings Bhd (XKLS:03046) is currently considered Fairly Valued. The stock's GF Value™ is RM0.87, compared to a current price of RM0.80 — trading 8% below its estimated fair value. The current Graham Number is RM0.18, which is 94% below median its 10-year median of 3.10. Dynafront Holdings Bhd's overall GF Score™ is 47/100 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 Dynafront Holdings Bhd (XKLS:03046), the current Graham Number is RM0.18 as of Dec. 2025. 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 Dynafront Holdings Bhd (XKLS:03046) Overvalued in 2026?

Based on GuruFocus' analysis, Dynafront Holdings Bhd stock appears to be undervalued. The current stock price of RM0.80 is trading 8% below its estimated GF Value™ of RM0.87. GuruFocus considers Dynafront Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:03046:

  • Graham Number: RM0.18 (94% below median its 10-year median of 3.10)
  • GF Value™: RM0.87 vs. price of RM0.80 (8% below fair value)
  • GF Score™: 47/100 with 6 warning signs

No single metric tells the full story. See the XKLS:03046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dynafront Holdings Bhd Business Description

Address 338 Jalan Tun Razak, Block C, C-8-1, 8th Floor, Corporate Office Tower, KL Trillion, Wilayah Persekutuan, Kuala Lumpur, MYS, 50400
Dynafront Holdings Bhd is a life insurance software solutions provider. It is principally involved in the provision of proprietary software, managed services as well as other technology solutions and consulting services for life insurance companies, Takaful operators, as well as independent corporate life insurance agencies. Geographically, the company derives its maximum revenue from its customers in Indonesia followed by Malaysia, Thailand, Philippines, and Hong Kong.
47GF Score

Get the complete analysis for XKLS:03046

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

RM0.80
Price
RM0.87
GF Value