Vetece Holdings Bhd (XKLS:0319) Graham Number: RM0.17 (As of May. 2026) — 89% Below Median

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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:0319 Vetece Holdings Bhd XKLS:0319
22 GF Score
Price RM0.23
! 4 Warning Signs
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What is Vetece Holdings Bhd Graham Number?

Vetece Holdings Bhd XKLS:0319 22 Graham Number is RM0.17 as of May. 2026, which is 100% below its 10-year median of 1.59. GuruFocus rates XKLS:0319 with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 1,486 Software companies, Vetece Holdings Bhd ranks better than 66.35% 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 (2026-08-18), the stock price of Vetece Holdings Bhd is RM0.23. Vetece Holdings Bhd's graham number for the quarter that ended in May. 2026 was RM0.17. Therefore, Vetece Holdings Bhd's Price to Graham Number ratio for today is 1.33.

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

XKLS:0319' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.35   Med: 1.59   Max: 4.22
Current: 1.35

During the past 5 years, the highest Price to Graham Number ratio of Vetece Holdings Bhd was 4.22. The lowest was 1.35. And the median was 1.59.

XKLS:0319's Price-to-Graham-Number is ranked better than
66.35% of 1486 companies
in the Software industry
Industry Median: 1.9 vs XKLS:0319: 1.35

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


Vetece Holdings Bhd  (XKLS:0319) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: May. 2026 )
=0.23/0.17
=1.33

* 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.


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.


Vetece Holdings Bhd Graham Number Related Terms


Vetece Holdings Bhd Graham Number Historical Data

* Premium members only.

The historical data trend for Vetece 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.

Vetece Holdings Bhd Graham Number Chart

Vetece Holdings Bhd Annual Data
Trend Aug21 Aug22 Aug23 Aug24 Aug25
Graham Number
0.10 0.08 0.13 0.20 0.17

Vetece Holdings Bhd Quarterly Data
Aug21 Aug22 Aug23 Mar24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.17 0.16 0.15 0.17

XKLS:0319 vs IBM, ACN, FISV: Graham Number Comparison

For the Information Technology Services subindustry, Vetece 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.


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

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

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


XKLS:0319
22GF Score
Vetece Holdings Bhd XKLS:0319
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Vetece Holdings Bhd Graham Number Calculation

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

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

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.112*0.011)
=0.17

Vetece Holdings Bhd's Graham Number for the quarter that ended in May. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.111*0.012)
=0.17

* 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 RM0.17 mean?
Vetece Holdings Bhd (XKLS:0319) has a Graham Number of RM0.17 as of May. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Vetece Holdings Bhd and its competitors. This is 89% below median its historical median of 1.59. Over the past decade, Vetece Holdings Bhd's Graham Number has ranged from 1.35 to 4.22. According to the industry distribution chart, Vetece Holdings Bhd ranks #500 out of 1486 companies in the Software industry, placing it in the top 33.6%.
Is Vetece Holdings Bhd's Graham Number too high?
Vetece Holdings Bhd's current Graham Number of RM0.17 is 89% below median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 4.22. Based on the distribution chart, Vetece Holdings Bhd ranks #500 out of 1486 companies in the Software industry, which is above the industry midpoint. Overall, Vetece Holdings Bhd has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Vetece Holdings Bhd's Graham Number compare to IBM and ACN?
According to the Software industry distribution chart, Vetece Holdings Bhd ranks #500 out of 1486 companies for Graham Number. This puts Vetece Holdings Bhd in the upper half of its industry. The industry median Graham Number is 1.90. Historically, Vetece Holdings Bhd's own Graham Number has ranged from 1.35 to 4.22 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 1.90, based on 1,486 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 Vetece Holdings Bhd and its competitors. For the Software industry, the median Graham Number is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vetece Holdings Bhd's current Graham Number is RM0.17, which is 89% below median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vetece Holdings Bhd stock overvalued right now?
Vetece Holdings Bhd (XKLS:0319) has a current Graham Number of RM0.17. The current Graham Number is RM0.17, which is 89% below median its 10-year median of 1.59. Vetece Holdings Bhd's overall GF Score™ is 22/100 with 4 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 Vetece Holdings Bhd (XKLS:0319), the current Graham Number is RM0.17 as of May. 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.

Vetece Holdings Bhd Business Description

Address No. 2, Jalan Kerinchi, E-32-3A and E-32-03, Menara Suezcap 2, KL Gateway, Gerbang Kerinchi Lestari, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
Vetece Holdings Bhd is an investment holding company. The company, along with its subsidiaries, is principally an information technology (IT) solutions provider, providing implementation services, maintenance, support, and professional services as well as the resale of hardware and software. It offers comprehensive end-to-end technology services, specializing in AI and data solutions, consulting, development, operation, testing, and maintenance. The company's operating segments are: Implementation services, Maintenance, support and professional services, and Resale of hardware and software. The majority of the revenue is derived from the Implementation services segment, which involves providing IT services to its clients.
22GF Score

Get the complete analysis for XKLS:0319

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

RM0.23
Price