Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) Graham Number : ฿189.41 (As of Mar. 2024)

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What is Kiang Huat Sea Gull Trading Frozen Food PCL 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 (2024-05-30), the stock price of Kiang Huat Sea Gull Trading Frozen Food PCL is ฿67.00. Kiang Huat Sea Gull Trading Frozen Food PCL's graham number for the quarter that ended in Mar. 2024 was ฿189.41. Therefore, Kiang Huat Sea Gull Trading Frozen Food PCL's Price to Graham Number ratio for today is 0.35.

The historical rank and industry rank for Kiang Huat Sea Gull Trading Frozen Food PCL's Graham Number or its related term are showing as below:

BKK:CHOTI' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.35 Med: 0.91 Max: 3.95
Current: 0.35

During the past 13 years, the highest Price to Graham Number ratio of Kiang Huat Sea Gull Trading Frozen Food PCL was 3.95. The lowest was 0.35. And the median was 0.91.

BKK:CHOTI's Price-to-Graham-Number is ranked better than
95.66% of 1291 companies
in the Consumer Packaged Goods industry
Industry Median: 1.27 vs BKK:CHOTI: 0.35

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

Kiang Huat Sea Gull Trading Frozen Food PCL Graham Number Historical Data

The historical data trend for Kiang Huat Sea Gull Trading Frozen Food PCL'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.

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Kiang Huat Sea Gull Trading Frozen Food PCL Graham Number Chart

Kiang Huat Sea Gull Trading Frozen Food PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Graham Number

Get a 7-Day Free Trial

119.22

208.44

203.13

Kiang Huat Sea Gull Trading Frozen Food PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Graham Number	Get a 7-Day Free Trial															90.71	220.69	125.85	175.71	189.41

Competitive Comparison of Kiang Huat Sea Gull Trading Frozen Food PCL's Graham Number

For the Packaged Foods subindustry, Kiang Huat Sea Gull Trading Frozen Food PCL'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.

Kiang Huat Sea Gull Trading Frozen Food PCL's Price-to-Graham-Number Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kiang Huat Sea Gull Trading Frozen Food PCL's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Kiang Huat Sea Gull Trading Frozen Food PCL's Price-to-Graham-Number falls into.

Kiang Huat Sea Gull Trading Frozen Food PCL Graham Number Calculation

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

Kiang Huat Sea Gull Trading Frozen Food PCL's Graham Number for the fiscal year that ended in Dec. 2023 is calculated as

	Graham Number
=	sqrt of (22.5	*	Tangible Book per Share	*	EPS without NRI)
=	sqrt of (22.5	*	129.252	*	14.188)
=	203.13

Kiang Huat Sea Gull Trading Frozen Food PCL's Graham Number for the quarter that ended in Mar. 2024 is calculated as

	Graham Number
=	sqrt of (22.5	*	Tangible Book per Share	*	EPS without NRI (TTM))
=	sqrt of (22.5	*	127.047	*	12.551)
=	189.41

Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) 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.

Kiang Huat Sea Gull Trading Frozen Food PCL's Price to Graham number Ratio for today is calculated as

Price to Graham number	=	Share Price (Today)	/	Graham number (Q: Mar. 2024 )
	=	67.00	/	189.41
	=	0.35

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.

Kiang Huat Sea Gull Trading Frozen Food PCL Graham Number Related Terms

Thank you for viewing the detailed overview of Kiang Huat Sea Gull Trading Frozen Food PCL's Graham Number provided by GuruFocus.com. Please click on the following links to see related term pages.

Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) » Definitions » Graham Number

Comparable Companies

Traded in Other Exchanges

N/A

Address

4/2 Moo 3, Asia 43 Road, Tambol Namom, Amphur Namom, Songkhla, THA, 90310

Website

https://www.kst-hatyai.com

Kiang Huat Sea Gull Trading Frozen Food PCL is engaged in the frozen seafood manufacturing business. The production processes include beheading, peeling, sizing, weighing, arranging, cooking, value-added processing, and freezing and packing. The company produces a wide variety of block, vacuum-packed items such as Raw and cooked head-on, Headless and peeled shrimps, Extended shrimps (nobashi), Cooked tail-on butterfly shrimps (sushi), Breaded shrimps (panko), Easily peeled shrimps, Slipper lobster tail, and Meat. The organization sells its products under its own brands which are Sea Kin, Sea Champion, Eagle, Sea Queen, Sea Flower, and Blue Gulf. The group sells its products in Asia, Europe, America, Africa, and Thailand, of which key revenue is generated from Asia.

Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) Headlines

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