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Kheen Bhd (XKLS:6203) Graham Number : RMN/A (As of Mar. 2024)


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What is Kheen Bhd Graham Number?

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 (2024-06-09), the stock price of Kheen Bhd is RM0.28. Kheen Bhd's graham number for the quarter that ended in Mar. 2024 was RMN/A. Therefore, Kheen Bhd's Price to Graham Number ratio for today is N/A.

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

During the past 13 years, the highest Price to Graham Number ratio of Kheen Bhd was 0.74. The lowest was 0.32. And the median was 0.55.

XKLS:6203's Price-to-Graham-Number is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.26
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


Kheen Bhd Graham Number Historical Data

The historical data trend for Kheen 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.

* Premium members only.

Kheen Bhd Graham Number Chart

Kheen Bhd Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun21 Jun22 Jun23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.17 - - -

Kheen Bhd Quarterly Data
Sep18 Mar19 Jun19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Kheen Bhd's Graham Number

For the Confectioners subindustry, Kheen 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.


Kheen Bhd's Price-to-Graham-Number Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kheen Bhd's Price-to-Graham-Number distribution charts can be found below:

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



Kheen Bhd Graham Number Calculation

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

Kheen Bhd's Graham Number for the fiscal year that ended in Jun. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*-0.564*0.012)
=N/A

Kheen Bhd's Graham Number for the quarter that ended in Mar. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*-0.559*0.017)
=N/A

* 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.


Kheen Bhd  (XKLS:6203) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2024 )
=0.28/N/A
=N/A

* 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.


Kheen Bhd Graham Number Related Terms

Thank you for viewing the detailed overview of Kheen Bhd's Graham Number provided by GuruFocus.com. Please click on the following links to see related term pages.


Kheen Bhd (XKLS:6203) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kolej, Lot 1819, 1820, 1821, 1822, 1823, 1824 and 1832, Seri Kembangan, SGR, MYS, 43300
Khee San Bhd is a Malaysia-based company. Its principal business is the manufacturing of candies and wafer confectionery. The company operates in two segments Investment and Manufacturing and trading. The prime revenue is generated from the Manufacturing and trading segment which includes manufacturing and trading of food and all related products. Its products include candies, chewy, tablet, hard, bubble gum, chewing gum, deposited, and wafers. Some of the products offered by the company are marketed under brands of Fruitplus, Torrone, Victory, S'creams, Bento, and others. The group operates in Malaysia and also exports its products to other geographical regions, such as Africa, Europe and Rest of Asia.

Kheen Bhd (XKLS:6203) Headlines

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