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CCK Consolidated Holdings Bhd (XKLS:7035) Graham Number : RM1.24 (As of Sep. 2023)


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What is CCK Consolidated Holdings 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 (2024-04-30), the stock price of CCK Consolidated Holdings Bhd is RM1.10. CCK Consolidated Holdings Bhd's graham number for the quarter that ended in Sep. 2023 was RM1.24. Therefore, CCK Consolidated Holdings Bhd's Price to Graham Number ratio for today is 0.89.

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

XKLS:7035' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.55   Med: 0.7   Max: 1.28
Current: 0.89

During the past 13 years, the highest Price to Graham Number ratio of CCK Consolidated Holdings Bhd was 1.28. The lowest was 0.55. And the median was 0.70.

XKLS:7035's Price-to-Graham-Number is ranked better than
66.9% of 1260 companies
in the Consumer Packaged Goods industry
Industry Median: 1.29 vs XKLS:7035: 0.89

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


CCK Consolidated Holdings Bhd Graham Number Historical Data

The historical data trend for CCK Consolidated 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.

* Premium members only.

CCK Consolidated Holdings Bhd Graham Number Chart

CCK Consolidated Holdings Bhd Annual Data
Trend Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.72 0.80 0.67 1.14

CCK Consolidated Holdings Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.08 1.14 1.22 1.27 1.24

Competitive Comparison of CCK Consolidated Holdings Bhd's Graham Number

For the Farm Products subindustry, CCK Consolidated 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.


CCK Consolidated Holdings Bhd's Price-to-Graham-Number Distribution in the Consumer Packaged Goods Industry

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

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



CCK Consolidated Holdings Bhd Graham Number Calculation

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

CCK Consolidated Holdings Bhd's Graham Number for the fiscal year that ended in Dec. 2022 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.576*0.101)
=1.14

CCK Consolidated Holdings Bhd's Graham Number for the quarter that ended in Sep. 2023 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.64*0.107)
=1.24

* 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.


CCK Consolidated Holdings Bhd  (XKLS:7035) 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.

CCK Consolidated Holdings Bhd's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Sep. 2023 )
=1.10/1.24
=0.89

* 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.


CCK Consolidated Holdings Bhd Graham Number Related Terms

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CCK Consolidated Holdings Bhd (XKLS:7035) Business Description

Traded in Other Exchanges
N/A
Address
Lot 999, Section 66, Jalan Keluli, Bintawa Industrial Estate, Kuching, SWK, MYS, 93450
CCK Consolidated Holdings Bhd through its subsidiaries is engaged in principal activities of retailing and poultry farming. It is also engaged in the rearing and production of poultry products, prawn and seafood products, and the supply and trade of food products and related services. The group is organized into five main reportable segments: Poultry; Prawn, Food Service, Retail, and Corporate. Poultry Segment is involved in the rearing and production of poultry products. Prawn Segment is involved in the rearing and production of prawn and seafood products. The food Service Segment includes the supply and trading of food products and related services. The retail segment includes the trading of cold storage products, and Corporate Segment includes the provision of management services.

CCK Consolidated Holdings Bhd (XKLS:7035) Headlines

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