Subur Tiasa Holdings Bhd (XKLS:6904) Graham Number: RMN/A (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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:6904 Subur Tiasa Holdings Bhd XKLS:6904
29 GF Score
Price RM0.75
GF Value RM0.50
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Subur Tiasa Holdings Bhd Graham Number?

Subur Tiasa Holdings Bhd XKLS:6904 -4.46% 29 Graham Number is RMN/A as of Mar. 2026. GuruFocus rates XKLS:6904 with a GF Score™ of 29/100 and a GF Value™ of RM0.50 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 169 Forest Products companies, Subur Tiasa Holdings Bhd ranks worse than 591715.38% 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 (2026-08-03), the stock price of Subur Tiasa Holdings Bhd is RM0.75. Subur Tiasa Holdings Bhd's graham number for the quarter that ended in Mar. 2026 was RMN/A. Therefore, Subur Tiasa Holdings Bhd's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Subur Tiasa Holdings 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 Subur Tiasa Holdings Bhd was 1.52. The lowest was 0.15. And the median was 0.29.

XKLS:6904's Price-to-Graham-Number is not ranked *
in the Forest Products industry.
Industry Median: 0.88
* 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.


Subur Tiasa Holdings Bhd  (XKLS:6904) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.75/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.


Subur Tiasa Holdings Bhd Graham Number Related Terms


Subur Tiasa Holdings Bhd Graham Number Historical Data

* Premium members only.

The historical data trend for Subur Tiasa 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.

Subur Tiasa Holdings Bhd Graham Number Chart

Subur Tiasa Holdings Bhd Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.12 4.38 0.00 1.50 1.60

Subur Tiasa Holdings Bhd Quarterly Data
Jan21 Apr21 Oct21 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 2.39 2.57 2.85 1.63 0.00

XKLS:6904 vs SSD, UFPI, BCC: Graham Number Comparison

For the Lumber & Wood Production subindustry, Subur Tiasa 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.


Subur Tiasa Holdings Bhd Price-to-Graham-Number vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Subur Tiasa Holdings Bhd's Price-to-Graham-Number distribution charts can be found below:

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


XKLS:6904
29GF Score
Subur Tiasa Holdings Bhd XKLS:6904
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Subur Tiasa Holdings Bhd Graham Number Calculation

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

Subur Tiasa Holdings 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*3.354*0.034)
=1.60

Subur Tiasa Holdings 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*3.327*-0.018)
=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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of RMN/A mean?
Subur Tiasa Holdings Bhd (XKLS:6904) has a Graham Number of RMN/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Subur Tiasa Holdings Bhd and its competitors. Over the past decade, Subur Tiasa Holdings Bhd's Graham Number has ranged from 0.15 to 1.52. According to the industry distribution chart, Subur Tiasa Holdings Bhd ranks #999999 out of 169 companies in the Forest Products industry.
Is Subur Tiasa Holdings Bhd's Graham Number too high?
Subur Tiasa Holdings Bhd's current Graham Number is RMN/A. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.52. Based on the distribution chart, Subur Tiasa Holdings Bhd ranks #999999 out of 169 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Subur Tiasa Holdings Bhd has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Subur Tiasa Holdings Bhd's Graham Number compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Subur Tiasa Holdings Bhd ranks #999999 out of 169 companies for Graham Number. This places Subur Tiasa Holdings Bhd in the lower half of its industry. The industry median Graham Number is 0.88. Historically, Subur Tiasa Holdings Bhd's own Graham Number has ranged from 0.15 to 1.52 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 Forest Products company?
The median Graham Number among Forest Products companies is 0.88, based on 169 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 Subur Tiasa Holdings Bhd and its competitors. For the Forest Products industry, the median Graham Number is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Subur Tiasa Holdings Bhd's current Graham Number is RMN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Subur Tiasa Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Subur Tiasa Holdings Bhd (XKLS:6904) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.50, compared to a current price of RM0.75 — trading 50% above its estimated fair value. The current Graham Number is RMN/A. Subur Tiasa Holdings Bhd's overall GF Score™ is 29/100 with 7 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 Subur Tiasa Holdings Bhd (XKLS:6904), the current Graham Number is RMN/A 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 Subur Tiasa Holdings Bhd (XKLS:6904) Overvalued in 2026?

Based on GuruFocus' analysis, Subur Tiasa Holdings Bhd stock appears to be overvalued. The current stock price of RM0.75 is trading 50% above its estimated GF Value™ of RM0.50. GuruFocus considers Subur Tiasa Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:6904:

  • Graham Number: RMN/A
  • GF Value™: RM0.50 vs. price of RM0.75 (50% above fair value)
  • GF Score™: 29/100 with 7 warning signs

No single metric tells the full story. See the XKLS:6904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Subur Tiasa Holdings Bhd Business Description

Address No. 66-78, Pusat Suria Permata, Jalan Upper Lanang C.D.T. 123, Sibu, SWK, MYS, 96000
Subur Tiasa Holdings Bhd is engaged in the business of investment holding, provision of management services, and extraction and sale of logs. The group is organised into two main reportable segments: Timber Segment involved in the extraction, sale of logs and subcontractor for tree planting (reforestation), and the business of manufacturing and trading of plywood, veneer, raw and laminated particleboard, sawn timber, finger-joint moulding, charcoal and the supply of electricity for its manufacturing activities; Plantation Segment involved in the cultivation of oil palm and sale of fresh fruit bunches; and Others involved in the provision of towage and transportation services, insurance services, property holding and development, and manufacturing and trading of drinking water.
29GF Score

Get the complete analysis for XKLS:6904

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

RM0.75
Price
RM0.50
GF Value