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Eco World Development Group Bhd (XKLS:8206) Graham Number : RM1.96 (As of Oct. 2024)


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What is Eco World Development Group 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 (2024-12-15), the stock price of Eco World Development Group Bhd is RM2.05. Eco World Development Group Bhd's graham number for the quarter that ended in Oct. 2024 was RM1.96. Therefore, Eco World Development Group Bhd's Price to Graham Number ratio for today is 1.05.

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

XKLS:8206' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.28   Med: 0.76   Max: 1.56
Current: 1.05

During the past 13 years, the highest Price to Graham Number ratio of Eco World Development Group Bhd was 1.56. The lowest was 0.28. And the median was 0.76.

XKLS:8206's Price-to-Graham-Number is ranked worse than
63.14% of 1107 companies
in the Real Estate industry
Industry Median: 0.83 vs XKLS:8206: 1.05

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


Eco World Development Group Bhd Graham Number Historical Data

The historical data trend for Eco World Development Group 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.

Eco World Development Group Bhd Graham Number Chart

Eco World Development Group Bhd Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 1.67 1.61 1.75 1.97

Eco World Development Group Bhd Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 1.76 1.82 1.85 1.89 1.96

Competitive Comparison of Eco World Development Group Bhd's Graham Number

For the Real Estate - Development subindustry, Eco World Development Group 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.


Eco World Development Group Bhd's Price-to-Graham-Number Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Eco World Development Group Bhd's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Eco World Development Group Bhd's Price-to-Graham-Number falls into.



Eco World Development Group Bhd Graham Number Calculation

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

Eco World Development Group Bhd's Graham Number for the fiscal year that ended in Oct. 2024 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*1.586*0.109)
=1.97

Eco World Development Group Bhd's Graham Number for the quarter that ended in Oct. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*1.562*0.109)
=1.96

* 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.


Eco World Development Group Bhd  (XKLS:8206) 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.

Eco World Development Group Bhd's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Oct. 2024 )
=2.05/1.96
=1.05

* 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.


Eco World Development Group Bhd Graham Number Related Terms

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Eco World Development Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
Menara The Stride, BBCC, 2, Jln Hang Tuah, Bukit Bintang, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 55100
Eco World Development Group Bhd is a Malaysian property development company. The company has development projects including new townships, integrated commercial developments, luxury high-rise apartments, and green business parks. The company's projects are spread across three economic areas of Malaysia: Klang Valley, Iskandar Malaysia, and Penang. Some of the company's key projects are Eco Grandeur, Eco Ardence, Eco Business Park, Eco Meadows, Eco Horizon, Eco Sun and Eco Bloom. The company's business can be divided into revenue-generating areas including the sale of completed properties and other goods, the sale of properties under development, and construction contracts. The company derives a majority of its revenue from the sale of properties.

Eco World Development Group Bhd Headlines

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