TRC Synergy Bhd (XKLS:5054) Graham Number: RM0.83 (As of Mar. 2026) — 108% Above Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:5054 TRC Synergy Bhd XKLS:5054
51 GF Score
Price RM0.27
GF Value RM0.26
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is TRC Synergy Bhd Graham Number?

TRC Synergy Bhd XKLS:5054 51 Graham Number is RM0.83 as of Mar. 2026, which is 100% below its 10-year median of 0.40. GuruFocus rates XKLS:5054 with a GF Score™ of 51/100 and a GF Value™ of RM0.26 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,194 Construction companies, TRC Synergy Bhd ranks better than 92.13% 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 (2026-08-09), the stock price of TRC Synergy Bhd is RM0.27. TRC Synergy Bhd's graham number for the quarter that ended in Mar. 2026 was RM0.83. Therefore, TRC Synergy Bhd's Price to Graham Number ratio for today is 0.33.

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

XKLS:5054' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.18   Med: 0.4   Max: 0.7
Current: 0.33

During the past 13 years, the highest Price to Graham Number ratio of TRC Synergy Bhd was 0.70. The lowest was 0.18. And the median was 0.40.

XKLS:5054's Price-to-Graham-Number is ranked better than
92.13% of 1194 companies
in the Construction industry
Industry Median: 1.01 vs XKLS:5054: 0.33

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


TRC Synergy Bhd  (XKLS:5054) 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.

TRC Synergy Bhd's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.27/0.83
=0.33

* 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.


TRC Synergy Bhd Graham Number Related Terms


TRC Synergy Bhd Graham Number Historical Data

* Premium members only.

The historical data trend for TRC Synergy 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.

TRC Synergy Bhd Graham Number Chart

TRC Synergy 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 0.96 1.61 1.07 0.73 0.87

TRC Synergy 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 0.99 1.08 1.08 0.93 0.83

XKLS:5054 vs PWR, FIX, EME: Graham Number Comparison

For the Engineering & Construction subindustry, TRC Synergy 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.


TRC Synergy Bhd Price-to-Graham-Number vs Construction Industry

For the Construction industry and Industrials sector, TRC Synergy Bhd's Price-to-Graham-Number distribution charts can be found below:

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


XKLS:5054
51GF Score
TRC Synergy Bhd XKLS:5054
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TRC Synergy Bhd Graham Number Calculation

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

TRC Synergy 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*1.164*0.029)
=0.87

TRC Synergy 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*1.173*0.026)
=0.83

* 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 RM0.83 mean?
TRC Synergy Bhd (XKLS:5054) has a Graham Number of RM0.83 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on TRC Synergy Bhd and its competitors. This is 108% above median its historical median of 0.40. Over the past decade, TRC Synergy Bhd's Graham Number has ranged from 0.18 to 0.70. According to the industry distribution chart, TRC Synergy Bhd ranks #94 out of 1194 companies in the Construction industry, placing it in the top 7.9%.
Is TRC Synergy Bhd's Graham Number too high?
TRC Synergy Bhd's current Graham Number of RM0.83 is 108% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.70. Based on the distribution chart, TRC Synergy Bhd ranks #94 out of 1194 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, TRC Synergy Bhd has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TRC Synergy Bhd's Graham Number compare to PWR and FIX?
According to the Construction industry distribution chart, TRC Synergy Bhd ranks #94 out of 1194 companies for Graham Number. This places TRC Synergy Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.01. Historically, TRC Synergy Bhd's own Graham Number has ranged from 0.18 to 0.70 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 Construction company?
The median Graham Number among Construction companies is 1.01, based on 1,194 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 TRC Synergy Bhd and its competitors. For the Construction industry, the median Graham Number is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TRC Synergy Bhd's current Graham Number is RM0.83, which is 108% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRC Synergy Bhd stock overvalued right now?
Based on GuruFocus' analysis, TRC Synergy Bhd (XKLS:5054) is currently considered Fairly Valued. The stock's GF Value™ is RM0.26, compared to a current price of RM0.27 — trading 3.8% above its estimated fair value. The current Graham Number is RM0.83, which is 108% above median its 10-year median of 0.40. TRC Synergy Bhd's overall GF Score™ is 51/100 with 5 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 TRC Synergy Bhd (XKLS:5054), the current Graham Number is RM0.83 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 TRC Synergy Bhd (XKLS:5054) Overvalued in 2026?

Based on GuruFocus' analysis, TRC Synergy Bhd stock appears to be overvalued. The current stock price of RM0.27 is trading 3.8% above its estimated GF Value™ of RM0.26. GuruFocus considers TRC Synergy Bhd to be Fairly Valued.

Key valuation signals for XKLS:5054:

  • Graham Number: RM0.83 (108% above median its 10-year median of 0.40)
  • GF Value™: RM0.26 vs. price of RM0.27 (3.8% above fair value)
  • GF Score™: 51/100 with 5 warning signs

No single metric tells the full story. See the XKLS:5054 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TRC Synergy Bhd Business Description

Address Jalan Andaman Utama, TRC Business Centre, Ampang, SGR, MYS, 68000
TRC Synergy Bhd is an investment holding company. The firm's operating segments include: Construction activities where it involves the construction contracts, sales of construction related materials, rendering of construction related services and other; Property development which involves development of residential properties; Hotel operations where it includes hotel related operations; and Others Investment holdings. The Construction Activities generates majority revenue. Geographically, it operates in Malaysia, and Australia. It derives maximum revenue from Malaysia.
51GF Score

Get the complete analysis for XKLS:5054

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

RM0.27
Price
RM0.26
GF Value