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KYM Holdings Bhd (XKLS:8362) Graham Number : RM1.06 (As of Oct. 2023)


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What is KYM 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 (2024-05-17), the stock price of KYM Holdings Bhd is RM0.465. KYM Holdings Bhd's graham number for the quarter that ended in Oct. 2023 was RM1.06. Therefore, KYM Holdings Bhd's Price to Graham Number ratio for today is 0.44.

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

XKLS:8362' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.4   Med: 0.87   Max: 1.84
Current: 0.44

During the past 13 years, the highest Price to Graham Number ratio of KYM Holdings Bhd was 1.84. The lowest was 0.40. And the median was 0.87.

XKLS:8362's Price-to-Graham-Number is ranked better than
90.11% of 283 companies
in the Packaging & Containers industry
Industry Median: 1.19 vs XKLS:8362: 0.44

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


KYM Holdings Bhd Graham Number Historical Data

The historical data trend for KYM 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.

KYM Holdings Bhd Graham Number Chart

KYM Holdings Bhd Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 - - 0.49 0.91

KYM Holdings Bhd Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 1.06 0.91 1.27 1.15 1.06

Competitive Comparison of KYM Holdings Bhd's Graham Number

For the Packaging & Containers subindustry, KYM 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.


KYM Holdings Bhd's Price-to-Graham-Number Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, KYM Holdings Bhd's Price-to-Graham-Number distribution charts can be found below:

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



KYM Holdings Bhd Graham Number Calculation

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

KYM Holdings Bhd's Graham Number for the fiscal year that ended in Jan. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.615*0.06)
=0.91

KYM Holdings Bhd's Graham Number for the quarter that ended in Oct. 2023 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.691*0.072)
=1.06

* 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.


KYM Holdings Bhd  (XKLS:8362) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Oct. 2023 )
=0.465/1.06
=0.44

* 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.


KYM Holdings Bhd Graham Number Related Terms

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


KYM Holdings Bhd (XKLS:8362) Business Description

Traded in Other Exchanges
N/A
Address
Level 17, KYM Tower, No. 8, Jalan PJU 7/6, Mutiara Damansara, Petaling Jaya, SGR, MYS, 47800
KYM Holdings Bhd is engaged in the manufacturing and marketing of industrial paper bags and paper egg trays. The group has three reportable segments: The Manufacturing segment manufactures and sells multi-wall industrial paper bags and corrugated fiberboards and boxes. The Investment holding segment is engaged in investment in unquoted shares, which are held for capital gains. The Property segment includes the properties leased out for rental income or held for long-term capital appreciation. Majority of the firm revenue comes from Manufacturing segment.

KYM Holdings Bhd (XKLS:8362) Headlines

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