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Bertam Alliance Bhd (XKLS:9814) Graham Number : RM0.79 (As of Mar. 2024)


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What is Bertam Alliance 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 (2024-06-02), the stock price of Bertam Alliance Bhd is RM0.135. Bertam Alliance Bhd's graham number for the quarter that ended in Mar. 2024 was RM0.79. Therefore, Bertam Alliance Bhd's Price to Graham Number ratio for today is 0.79.

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

XKLS:9814' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.07   Med: 0.21   Max: 2.75
Current: 0.17

During the past 13 years, the highest Price to Graham Number ratio of Bertam Alliance Bhd was 2.75. The lowest was 0.07. And the median was 0.21.

XKLS:9814's Price-to-Graham-Number is ranked better than
97.33% of 1123 companies
in the Real Estate industry
Industry Median: 0.79 vs XKLS:9814: 0.17

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


Bertam Alliance Bhd Graham Number Historical Data

The historical data trend for Bertam Alliance 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.

Bertam Alliance Bhd Graham Number Chart

Bertam Alliance Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.85

Bertam Alliance Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Mar24
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 - 0.87 0.89 0.90 0.79

Competitive Comparison of Bertam Alliance Bhd's Graham Number

For the Real Estate Services subindustry, Bertam Alliance 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.


Bertam Alliance Bhd's Price-to-Graham-Number Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Bertam Alliance Bhd's Price-to-Graham-Number distribution charts can be found below:

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



Bertam Alliance Bhd Graham Number Calculation

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

Bertam Alliance Bhd'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*0.531*0.061)
=0.85

Bertam Alliance 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*0.43*0.003)
=0.17

* 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.


Bertam Alliance Bhd  (XKLS:9814) 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.

Bertam Alliance Bhd's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2024 )
=0.135/0.17
=0.79

* 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.


Bertam Alliance Bhd Graham Number Related Terms

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Bertam Alliance Bhd (XKLS:9814) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kilang Kolombong, Lot 50, Ground Floor, Sedco Industrial Estate, Kota Kinabalu, SBH, MYS, 88450
Bertam Alliance Bhd is a Malaysia-based company operates in real estate business. The activity of the group is functioned through three divisions namely Property development, Construction and trading, and Corporate and others segment. The Property development segment develops the property for sale and/or holds properties for its investment purposes. The Construction and trading segment is engaged in the construction of residential, addition and alterations, refurbishment and restoration of buildings. The Corporate and others segment includes holding of investments and provision of management services to its subsidiaries. The group primarily operates in Malaysia.

Bertam Alliance Bhd (XKLS:9814) Headlines

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