Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Graham Number: RM1.98 (As of Mar. 2026) — 214% Above Median

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XKLS:5008 Harrisons Holdings (Malaysia) Bhd XKLS:5008
81 GF Score
Price RM1.24
GF Value RM1.63
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Harrisons Holdings (Malaysia) Bhd Graham Number?

Harrisons Holdings (Malaysia) Bhd XKLS:5008 81 Graham Number is RM1.98 as of Mar. 2026, which is 100% below its 10-year median of 0.63. GuruFocus rates XKLS:5008 with a GF Score™ of 81/100 and a GF Value™ of RM1.63 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 117 Industrial Distribution companies, Harrisons Holdings (Malaysia) Bhd ranks better than 71.79% 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 (2026-08-12), the stock price of Harrisons Holdings (Malaysia) Bhd is RM1.24. Harrisons Holdings (Malaysia) Bhd's graham number for the quarter that ended in Mar. 2026 was RM1.98. Therefore, Harrisons Holdings (Malaysia) Bhd's Price to Graham Number ratio for today is 0.63.

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

XKLS:5008' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.47   Med: 0.63   Max: 0.87
Current: 0.63

During the past 13 years, the highest Price to Graham Number ratio of Harrisons Holdings (Malaysia) Bhd was 0.87. The lowest was 0.47. And the median was 0.63.

XKLS:5008's Price-to-Graham-Number is ranked better than
71.79% of 117 companies
in the Industrial Distribution industry
Industry Median: 0.99 vs XKLS:5008: 0.63

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


Harrisons Holdings (Malaysia) Bhd  (XKLS:5008) 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.

Harrisons Holdings (Malaysia) Bhd's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=1.24/1.98
=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.


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.


Harrisons Holdings (Malaysia) Bhd Graham Number Related Terms


Harrisons Holdings (Malaysia) Bhd Graham Number Historical Data

* Premium members only.

The historical data trend for Harrisons Holdings (Malaysia) 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.

Harrisons Holdings (Malaysia) Bhd Graham Number Chart

Harrisons Holdings (Malaysia) Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 2.28 2.39 1.93 1.96

Harrisons Holdings (Malaysia) Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only 1.94 1.92 1.92 1.95 1.98

XKLS:5008 vs GWW, FAST, FERG: Graham Number Comparison

For the Industrial Distribution subindustry, Harrisons Holdings (Malaysia) 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.


Harrisons Holdings (Malaysia) Bhd Price-to-Graham-Number vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Harrisons Holdings (Malaysia) Bhd's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Harrisons Holdings (Malaysia) Bhd's Price-to-Graham-Number falls into.


XKLS:5008
81GF Score
Harrisons Holdings (Malaysia) Bhd XKLS:5008
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harrisons Holdings (Malaysia) Bhd Graham Number Calculation

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

Harrisons Holdings (Malaysia) Bhd's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*1.375*0.124)
=1.96

Harrisons Holdings (Malaysia) Bhd's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*1.415*0.123)
=1.98

* 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 RM1.98 mean?
Harrisons Holdings (Malaysia) Bhd (XKLS:5008) has a Graham Number of RM1.98 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Harrisons Holdings (Malaysia) Bhd and its competitors. This is 214% above median its historical median of 0.63. Over the past decade, Harrisons Holdings (Malaysia) Bhd's Graham Number has ranged from 0.47 to 0.87. According to the industry distribution chart, Harrisons Holdings (Malaysia) Bhd ranks #33 out of 117 companies in the Industrial Distribution industry, placing it in the top 28.2%.
Is Harrisons Holdings (Malaysia) Bhd's Graham Number too high?
Harrisons Holdings (Malaysia) Bhd's current Graham Number of RM1.98 is 214% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 0.87. Based on the distribution chart, Harrisons Holdings (Malaysia) Bhd ranks #33 out of 117 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Harrisons Holdings (Malaysia) Bhd has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harrisons Holdings (Malaysia) Bhd's Graham Number compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Harrisons Holdings (Malaysia) Bhd ranks #33 out of 117 companies for Graham Number. This puts Harrisons Holdings (Malaysia) Bhd in the upper half of its industry. The industry median Graham Number is 0.99. Historically, Harrisons Holdings (Malaysia) Bhd's own Graham Number has ranged from 0.47 to 0.87 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 an Industrial Distribution company?
The median Graham Number among Industrial Distribution companies is 0.99, based on 117 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 Harrisons Holdings (Malaysia) Bhd and its competitors. For the Industrial Distribution industry, the median Graham Number is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harrisons Holdings (Malaysia) Bhd's current Graham Number is RM1.98, which is 214% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harrisons Holdings (Malaysia) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Harrisons Holdings (Malaysia) Bhd (XKLS:5008) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.63, compared to a current price of RM1.24 — trading 23.9% below its estimated fair value. The current Graham Number is RM1.98, which is 214% above median its 10-year median of 0.63. Harrisons Holdings (Malaysia) Bhd's overall GF Score™ is 81/100 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 Harrisons Holdings (Malaysia) Bhd (XKLS:5008), the current Graham Number is RM1.98 as of Mar. 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 Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Overvalued in 2026?

Based on GuruFocus' analysis, Harrisons Holdings (Malaysia) Bhd stock appears to be undervalued. The current stock price of RM1.24 is trading 23.9% below its estimated GF Value™ of RM1.63. GuruFocus considers Harrisons Holdings (Malaysia) Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5008:

  • Graham Number: RM1.98 (214% above median its 10-year median of 0.63)
  • GF Value™: RM1.63 vs. price of RM1.24 (23.9% below fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the XKLS:5008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harrisons Holdings (Malaysia) Bhd Business Description

Address 10, Jalan Raja Laut, Unit 9A, 9th Floor, Wisma Bumi Raya, Wisma Bumi Raya, Kuala Lumpur, MYS, 50350
Harrisons Holdings (Malaysia) Bhd is a sale, marketing, warehousing, distribution, and services organization in Malaysia. The Group operates in four key geographical segments within Malaysia, namely Sabah, Sarawak, Peninsular Malaysia and Others. The Sabah, Sarawak and Peninsular Malaysia segments comprise the trading and distribution of consumer products, building materials, industrial and agricultural chemical products, as well as the provision of insurance and shipping services within their respective geographical markets. The Others segment includes the trading and distribution of liquor products, as well as the provision of travel agency services, property rental, and the retailing of consumer goods.
81GF Score

Get the complete analysis for XKLS:5008

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

RM1.24
Price
RM1.63
GF Value