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Doosan Robotics (XKRX:454910) Graham Number : ₩N/A (As of Dec. 2023)


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What is Doosan Robotics 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 (2024-05-24), the stock price of Doosan Robotics is ₩72700.00. Doosan Robotics's graham number for the quarter that ended in Dec. 2023 was ₩N/A. Therefore, Doosan Robotics's Price to Graham Number ratio for today is N/A.

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

XKRX:454910's Price-to-Graham-Number is not ranked *
in the Industrial Products industry.
Industry Median: 1.52
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


Doosan Robotics Graham Number Historical Data

The historical data trend for Doosan Robotics'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.

Doosan Robotics Graham Number Chart

Doosan Robotics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
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Doosan Robotics Quarterly Data
Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Graham Number Get a 7-Day Free Trial - - - - -

Competitive Comparison of Doosan Robotics's Graham Number

For the Specialty Industrial Machinery subindustry, Doosan Robotics'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.


Doosan Robotics's Price-to-Graham-Number Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Doosan Robotics's Price-to-Graham-Number distribution charts can be found below:

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



Doosan Robotics Graham Number Calculation

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

Doosan Robotics'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*6565.474*-319.651)
=N/A

Doosan Robotics'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*6565.474*-227.456)
=N/A

* 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.


Doosan Robotics  (XKRX:454910) 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.

Doosan Robotics's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Dec. 2023 )
=72700.00/N/A
=N/A

* 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.


Doosan Robotics Graham Number Related Terms

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Doosan Robotics (XKRX:454910) Business Description

Traded in Other Exchanges
N/A
Address
79, Saneop-ro 156beon-gil, Gwonseon-gu, Suwon-si, Gyeonggi-do, Seoul, KOR
Doosan Robotics Inc is company is engaged in the business of manufacturing industrial robots, especially collaborative robots. Collaborative robots are a next-generation robot that overcomes the limitations of existing industrial robots (risk, high difficulty in use, and high price), and are emerging as a new concept. The company consists of a single business division that sells products and products related to collaborative robots, it not only conducts sales for customers located in Korea, but also conducts sales for some overseas customers, including the overseas bases of domestic customers, thereby distributing and selling products worldwide.

Doosan Robotics (XKRX:454910) Headlines

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