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Synergy House Bhd (XKLS:0279) Graham Number : RM0.59 (As of Mar. 2024)


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What is Synergy House 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 (2024-06-03), the stock price of Synergy House Bhd is RM1.49. Synergy House Bhd's graham number for the quarter that ended in Mar. 2024 was RM0.59. Therefore, Synergy House Bhd's Price to Graham Number ratio for today is 2.53.

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

XKLS:0279' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.07   Med: 1.36   Max: 2.53
Current: 2.53

During the past 5 years, the highest Price to Graham Number ratio of Synergy House Bhd was 2.53. The lowest was 1.07. And the median was 1.36.

XKLS:0279's Price-to-Graham-Number is ranked worse than
80.73% of 301 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.26 vs XKLS:0279: 2.53

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


Synergy House Bhd Graham Number Historical Data

The historical data trend for Synergy House 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.

Synergy House Bhd Graham Number Chart

Synergy House Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
0.14 0.15 0.21 0.26 0.52

Synergy House Bhd Quarterly Data
Dec19 Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Graham Number Get a 7-Day Free Trial Premium Member Only - 0.26 0.38 0.52 0.59

Competitive Comparison of Synergy House Bhd's Graham Number

For the Furnishings, Fixtures & Appliances subindustry, Synergy House 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.


Synergy House Bhd's Price-to-Graham-Number Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Synergy House Bhd's Price-to-Graham-Number distribution charts can be found below:

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



Synergy House Bhd Graham Number Calculation

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

Synergy House Bhd'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*0.202*0.06)
=0.52

Synergy House Bhd'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*0.214*0.072)
=0.59

* 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.


Synergy House Bhd  (XKLS:0279) 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.

Synergy House Bhd's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2024 )
=1.49/0.59
=2.53

* 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.


Synergy House Bhd Graham Number Related Terms

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


Synergy House Bhd (XKLS:0279) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Persiaran Setia Dagang, Lot 18.A & 18.B & Lot 19.A, Level 18 & 19, Top Glove Tower, Seksyen U13, Bandar Setia Alam, Shah Alam, SGR, MYS, 40170
Synergy House Bhd is an investment holding company and through its Subsidiaries, It is principally involved in the design, development and sale of RTA home furniture. RTA a home furniture is a form of furniture where furniture parts are in flat-packed form for ease of storage and transportation. RTA home furniture requires customers to assemble themselves upon purchase. It sells its RTA home furniture to online retailers, chain-store retailers, and wholesalers via a B2B sales model, as well as directly to end-consumers through Its in-house online store and third-party e-commerce platforms via a B2C sales model.

Synergy House Bhd (XKLS:0279) Headlines

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