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Mauritius Cosmetics (XMAU:MCOS) Graham Number : MUR8.63 (As of Dec. 2022)


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What is Mauritius Cosmetics 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 (2024-05-28), the stock price of Mauritius Cosmetics is MUR17.80. Mauritius Cosmetics's graham number for the quarter that ended in Dec. 2022 was MUR8.63. Therefore, Mauritius Cosmetics's Price to Graham Number ratio for today is 2.06.

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

XMAU:MCOS' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.94   Med: 1.84   Max: 2.25
Current: 2.06

During the past 6 years, the highest Price to Graham Number ratio of Mauritius Cosmetics was 2.25. The lowest was 0.94. And the median was 1.84.

XMAU:MCOS's Price-to-Graham-Number is ranked worse than
73.72% of 1294 companies
in the Consumer Packaged Goods industry
Industry Median: 1.27 vs XMAU:MCOS: 2.06

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


Mauritius Cosmetics Graham Number Historical Data

The historical data trend for Mauritius Cosmetics'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.

Mauritius Cosmetics Graham Number Chart

Mauritius Cosmetics Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Graham Number
Get a 7-Day Free Trial - - - 6.38 8.63

Mauritius Cosmetics Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Graham Number Get a 7-Day Free Trial - - - 6.38 8.63

Competitive Comparison of Mauritius Cosmetics's Graham Number

For the Household & Personal Products subindustry, Mauritius Cosmetics'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.


Mauritius Cosmetics's Price-to-Graham-Number Distribution in the Consumer Packaged Goods Industry

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

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



Mauritius Cosmetics Graham Number Calculation

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

Mauritius Cosmetics'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*29.303*0.113)
=8.63

Mauritius Cosmetics's Graham Number for the quarter that ended in Dec. 2022 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*29.303*0.113)
=8.63

* 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.


Mauritius Cosmetics  (XMAU:MCOS) 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.

Mauritius Cosmetics's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2022 )
=17.80/8.63
=2.06

* 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.


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.


Mauritius Cosmetics Graham Number Related Terms

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Mauritius Cosmetics (XMAU:MCOS) Business Description

Traded in Other Exchanges
N/A
Address
Bonne Terre, Vacoas, MUS, 73304
Mauritius Cosmetics Ltd is a Mauritius-based company mainly engaged in the manufacturing and distribution of consumer goods. It develops toothpaste under the brand name Dentamax. In addition to Dentamax toothpaste, the company also manufactures soap products, insect repellent products, Kamill cosmetic products under license from Burnus GMBH (Germany), and furniture care products from Poliboy Werke (Germany). The Company's principal activities are; The manufacture of toothpaste, cosmetic products, creams, household products, toiletries and perfumes; The distribution, retail and export of consumer goods, The rental of investment properties; and The investment in equity instruments. The firm generates revenue from the sale of toothpaste, beauty, hygienic, and maintenance products.

Mauritius Cosmetics (XMAU:MCOS) Headlines

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