Wasco Greenergy Bhd (XKLS:5343) Graham Number: RM0.70 (As of Mar. 2026) — 31% Below Median

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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:5343 Wasco Greenergy Bhd XKLS:5343
16 GF Score
Price RM0.40
! 3 Warning Signs
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What is Wasco Greenergy Bhd Graham Number?

Wasco Greenergy Bhd XKLS:5343 +3.95% 16 Graham Number is RM0.70 as of Mar. 2026, which is 100% below its 10-year median of 1.02. GuruFocus rates XKLS:5343 with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 276 Utilities - Independent Power Producers companies, Wasco Greenergy Bhd ranks better than 83.33% 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 (2026-08-15), the stock price of Wasco Greenergy Bhd is RM0.395. Wasco Greenergy Bhd's graham number for the quarter that ended in Mar. 2026 was RM0.70. Therefore, Wasco Greenergy Bhd's Price to Graham Number ratio for today is 0.64.

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

XKLS:5343' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.5   Med: 1.02   Max: 1.04
Current: 0.56

During the past 4 years, the highest Price to Graham Number ratio of Wasco Greenergy Bhd was 1.04. The lowest was 0.50. And the median was 1.02.

XKLS:5343's Price-to-Graham-Number is ranked better than
83.33% of 276 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.155 vs XKLS:5343: 0.56

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


Wasco Greenergy Bhd  (XKLS:5343) 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.

Wasco Greenergy Bhd's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.395/0.61
=0.64

* 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.


Wasco Greenergy Bhd Graham Number Related Terms


Wasco Greenergy Bhd Graham Number Historical Data

* Premium members only.

The historical data trend for Wasco Greenergy 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.

Wasco Greenergy Bhd Graham Number Chart

Wasco Greenergy Bhd Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Graham Number
0.55 0.56 0.60 0.90

Wasco Greenergy Bhd Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Dec25 Mar26
Graham Number Get a 7-Day Free Trial 0.00 0.00 0.55 0.75 0.70

Wasco Greenergy Bhd Graham Number Competitor Comparison

For the Utilities - Renewable subindustry, Wasco Greenergy 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.


Wasco Greenergy Bhd Price-to-Graham-Number vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Wasco Greenergy Bhd's Price-to-Graham-Number distribution charts can be found below:

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


XKLS:5343
16GF Score
Wasco Greenergy Bhd XKLS:5343
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wasco Greenergy Bhd Graham Number Calculation

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

Wasco Greenergy 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*0.53*0.068)
=0.90

Wasco Greenergy 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*0.538*0.031)
=0.61

* 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 RM0.70 mean?
Wasco Greenergy Bhd (XKLS:5343) has a Graham Number of RM0.70 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Wasco Greenergy Bhd and its competitors. This is 31% below median its historical median of 1.02. Over the past decade, Wasco Greenergy Bhd's Graham Number has ranged from 0.50 to 1.04. According to the industry distribution chart, Wasco Greenergy Bhd ranks #46 out of 276 companies in the Utilities - Independent Power Producers industry, placing it in the top 16.7%.
Is Wasco Greenergy Bhd's Graham Number too high?
Wasco Greenergy Bhd's current Graham Number of RM0.70 is 31% below median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.04. Based on the distribution chart, Wasco Greenergy Bhd ranks #46 out of 276 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Wasco Greenergy Bhd has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Wasco Greenergy Bhd's Graham Number compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Wasco Greenergy Bhd ranks #46 out of 276 companies for Graham Number. This places Wasco Greenergy Bhd in the top 17% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.16. Historically, Wasco Greenergy Bhd's own Graham Number has ranged from 0.50 to 1.04 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 Utilities - Independent Power Producers company?
The median Graham Number among Utilities - Independent Power Producers companies is 1.16, based on 276 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 Wasco Greenergy Bhd and its competitors. For the Utilities - Independent Power Producers industry, the median Graham Number is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wasco Greenergy Bhd's current Graham Number is RM0.70, which is 31% below median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wasco Greenergy Bhd stock overvalued right now?
Wasco Greenergy Bhd (XKLS:5343) has a current Graham Number of RM0.70. The current Graham Number is RM0.70, which is 31% below median its 10-year median of 1.02. Wasco Greenergy Bhd's overall GF Score™ is 16/100 with 3 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 Wasco Greenergy Bhd (XKLS:5343), the current Graham Number is RM0.70 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.

Wasco Greenergy Bhd Business Description

Address Lot 1929, Jalan Bukit Kemuning, Seksyen 32, Shah Alam, SGR, MYS, 40460
Wasco Greenergy Bhd operates in the renewable energy sector as a provider of renewable energy systems that support companies in meeting their energy needs, including those seeking to achieve their decarbonization and net-zero emissions targets. Its core business segment comprises the EPCC of steam energy systems and auxiliary facilities, the supply of steam turbine generator systems, as well as the provision of after-sales services for these systems. The company offers three types of steam energy systems: biomass, gas-fired, and HRSG. The biomass energy systems involve using a boiler to burn agricultural waste and byproducts. The gas-fired energy systems on the other hand, use natural gas as the fuel source. The HRSG is designed to capture waste heat from customers' gas turbines.
16GF Score

Get the complete analysis for XKLS:5343

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

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