Noesis Exed Bhd (XKLS:03071) Graham Number: RM0.63 (As of Dec. 2025)

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:03071 Noesis Exed Bhd XKLS:03071
7 GF Score
Price RM1.46
! 1 Warning Sign
View Full Analysis

What is Noesis Exed Bhd Graham Number?

Noesis Exed Bhd XKLS:03071 7 Graham Number is RM0.63 as of Dec. 2025. GuruFocus rates XKLS:03071 with a GF Score™ of 7/100. The stock has 1 warning sign investors should review. Among 157 Education companies, Noesis Exed Bhd ranks worse than 76.43% 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 (2026-07-16), the stock price of Noesis Exed Bhd is RM1.46. Noesis Exed Bhd's graham number for the quarter that ended in Dec. 2025 was RM0.63. Therefore, Noesis Exed Bhd's Price to Graham Number ratio for today is 2.32.

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

XKLS:03071' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.32
Current: 2.32

During the past 2 years, the highest Price to Graham Number ratio of Noesis Exed Bhd was 2.32. The lowest was 0.00. And the median was 0.00.

XKLS:03071's Price-to-Graham-Number is ranked worse than
76.43% of 157 companies
in the Education industry
Industry Median: 1.17 vs XKLS:03071: 2.32

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


Noesis Exed Bhd  (XKLS:03071) 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.

Noesis Exed Bhd's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2025 )
=1.46/0.63
=2.32

* 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.


Noesis Exed Bhd Graham Number Related Terms


Noesis Exed Bhd Graham Number Historical Data

* Premium members only.

The historical data trend for Noesis Exed 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.

Noesis Exed Bhd Graham Number Chart

Noesis Exed Bhd Annual Data
Trend Jun24 Jun25
Graham Number
0.17 0.40

Noesis Exed Bhd Semi-Annual Data
Jun24 Dec24 Jun25 Dec25
Graham Number 0.00 0.00 0.40 0.63

XKLS:03071 vs EDU, TAL, LAUR: Graham Number Comparison

For the Education & Training Services subindustry, Noesis Exed 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.


Noesis Exed Bhd Price-to-Graham-Number vs Education Industry

For the Education industry and Consumer Defensive sector, Noesis Exed Bhd's Price-to-Graham-Number distribution charts can be found below:

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


XKLS:03071
7GF Score
Noesis Exed Bhd XKLS:03071
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Noesis Exed Bhd Graham Number Calculation

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

Noesis Exed 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*0.137*0.051)
=0.40

Noesis Exed 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*0.09)
=0.63

* 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 RM0.63 mean?
Noesis Exed Bhd (XKLS:03071) has a Graham Number of RM0.63 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Noesis Exed Bhd and its competitors. According to the industry distribution chart, Noesis Exed Bhd ranks #120 out of 157 companies in the Education industry, placing it in the top 76.4%.
Is Noesis Exed Bhd's Graham Number too high?
Noesis Exed Bhd's current Graham Number is RM0.63. Based on the distribution chart, Noesis Exed Bhd ranks #120 out of 157 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, Noesis Exed Bhd has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Noesis Exed Bhd's Graham Number compare to EDU and TAL?
According to the Education industry distribution chart, Noesis Exed Bhd ranks #120 out of 157 companies for Graham Number. This places Noesis Exed Bhd in the lower half of its industry. The industry median Graham Number is 1.17. 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 an Education company?
The median Graham Number among Education companies is 1.17, based on 157 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 Noesis Exed Bhd and its competitors. For the Education industry, the median Graham Number is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noesis Exed Bhd's current Graham Number is RM0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noesis Exed Bhd stock overvalued right now?
Noesis Exed Bhd (XKLS:03071) has a current Graham Number of RM0.63. The current Graham Number is RM0.63. Noesis Exed Bhd's overall GF Score™ is 7/100 with 1 warning sign 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 Noesis Exed Bhd (XKLS:03071), the current Graham Number is RM0.63 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.

Noesis Exed Bhd Business Description

Address Block V02, Level 5, Units 08, V Office 2, Lingkaran SV, Sunway Velocity, Maluri, Wilayah Persekutuan, Kuala Lumpur, MYS, 55100
Noesis Exed Bhd is principally involved in the business training and provision of any other training services. The company offers professional certification preparatory courses, including CFA, CIMA, CIM, CPA Australia, FRM and CIA programmes and other training. These are the company's business segments. The maximum revenue is derived from CFA. Its operating segments include (i) Education services and ii) Property investment. The majority of the revenue is derived from the Education services segment, which is involved in the provision of education and related services, including training courses and other education-related activities. Geographically, it generates the maximum revenue from Malaysia and the rest from Singapore.
7GF Score

Get the complete analysis for XKLS:03071

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

RM1.46
Price