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AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Graham Number : ﷼50.81 (As of Dec. 2023)


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What is AlMuneef Co For Trade Industry Agriculture And Contracting 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 (2024-05-21), the stock price of AlMuneef Co For Trade Industry Agriculture And Contracting is ﷼51.70. AlMuneef Co For Trade Industry Agriculture And Contracting's graham number for the quarter that ended in Dec. 2023 was ﷼50.81. Therefore, AlMuneef Co For Trade Industry Agriculture And Contracting's Price to Graham Number ratio for today is 1.02.

The historical rank and industry rank for AlMuneef Co For Trade Industry Agriculture And Contracting's Graham Number or its related term are showing as below:

SAU:9569' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.02   Med: 1.02   Max: 1.08
Current: 1.02

During the past 3 years, the highest Price to Graham Number ratio of AlMuneef Co For Trade Industry Agriculture And Contracting was 1.08. The lowest was 1.02. And the median was 1.02.

SAU:9569's Price-to-Graham-Number is ranked better than
59.52% of 168 companies
in the Agriculture industry
Industry Median: 1.255 vs SAU:9569: 1.02

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


AlMuneef Co For Trade Industry Agriculture And Contracting Graham Number Historical Data

The historical data trend for AlMuneef Co For Trade Industry Agriculture And Contracting'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.

AlMuneef Co For Trade Industry Agriculture And Contracting Graham Number Chart

AlMuneef Co For Trade Industry Agriculture And Contracting Annual Data
Trend Dec21 Dec22 Dec23
Graham Number
- 49.67 50.40

AlMuneef Co For Trade Industry Agriculture And Contracting Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Graham Number - - 51.23 50.81

Competitive Comparison of AlMuneef Co For Trade Industry Agriculture And Contracting's Graham Number

For the Agricultural Inputs subindustry, AlMuneef Co For Trade Industry Agriculture And Contracting'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.


AlMuneef Co For Trade Industry Agriculture And Contracting's Price-to-Graham-Number Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, AlMuneef Co For Trade Industry Agriculture And Contracting's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where AlMuneef Co For Trade Industry Agriculture And Contracting's Price-to-Graham-Number falls into.



AlMuneef Co For Trade Industry Agriculture And Contracting Graham Number Calculation

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

AlMuneef Co For Trade Industry Agriculture And Contracting'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*24.84*4.545)
=50.40

AlMuneef Co For Trade Industry Agriculture And Contracting's Graham Number for the quarter that ended in Dec. 2023 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*24.84*4.62)
=50.81

* 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.


AlMuneef Co For Trade Industry Agriculture And Contracting  (SAU:9569) 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.

AlMuneef Co For Trade Industry Agriculture And Contracting's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=51.70/50.81
=1.02

* 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.


AlMuneef Co For Trade Industry Agriculture And Contracting Graham Number Related Terms

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AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Business Description

Traded in Other Exchanges
N/A
Address
Building No. 5065, Unit No. 1, Al-Manakh District, Riyadh, SAU, 14314
AlMuneef Co For Trade Industry Agriculture And Contracting is engaged in the business which includes operating quarries, cutting and sawing marble, renovation of residential and non-residential buildings, wholesale of chemical fertilizers and soil conditioners, and pesticides, as listed in the commercial register. wholesale of pesticides, wholesale of health pesticides, and retail of pesticides. Fuel for automobiles and motorcycles (gas stations), retail of seedlings and saplings of agricultural products, retail of plant seeds, fertilizers, and soil conditioners, retail of agricultural pesticides, land transportation of goods, silo storage of grains, flour, and agricultural products.

AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Headlines

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