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Southern Cable Group Bhd (XKLS:0225) Graham Number : RM0.63 (As of Mar. 2024)


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What is Southern Cable Group 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 (2024-05-31), the stock price of Southern Cable Group Bhd is RM0.745. Southern Cable Group Bhd's graham number for the quarter that ended in Mar. 2024 was RM0.63. Therefore, Southern Cable Group Bhd's Price to Graham Number ratio for today is 1.18.

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

XKLS:0225' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.7   Med: 0.9   Max: 1.33
Current: 1.1

During the past 8 years, the highest Price to Graham Number ratio of Southern Cable Group Bhd was 1.33. The lowest was 0.70. And the median was 0.90.

XKLS:0225's Price-to-Graham-Number is ranked better than
68.26% of 2212 companies
in the Industrial Products industry
Industry Median: 1.51 vs XKLS:0225: 1.10

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


Southern Cable Group Bhd Graham Number Historical Data

The historical data trend for Southern Cable Group 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.

Southern Cable Group Bhd Graham Number Chart

Southern Cable Group Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
Get a 7-Day Free Trial 0.42 0.45 0.33 0.39 0.54

Southern Cable Group Bhd Quarterly Data
Dec17 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.42 0.44 0.47 0.54 0.63

Competitive Comparison of Southern Cable Group Bhd's Graham Number

For the Electrical Equipment & Parts subindustry, Southern Cable Group 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.


Southern Cable Group Bhd's Price-to-Graham-Number Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Southern Cable Group Bhd's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Southern Cable Group Bhd's Price-to-Graham-Number falls into.



Southern Cable Group Bhd Graham Number Calculation

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

Southern Cable Group 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*0.394*0.033)
=0.54

Southern Cable Group 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*0.411*0.043)
=0.63

* 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.


Southern Cable Group Bhd  (XKLS:0225) 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.

Southern Cable Group Bhd's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2024 )
=0.745/0.63
=1.18

* 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.


Southern Cable Group Bhd Graham Number Related Terms

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


Southern Cable Group Bhd (XKLS:0225) Business Description

Traded in Other Exchanges
N/A
Address
Lot 42, Jalan Merbau Pulas, Kawasan Perusahaan Kuala Ketil, Kuala Ketil, KDH, MYS, 09300
Southern Cable Group Bhd is a manufacturer of cables and wires. The company's portfolio includes cables and wires used for power distribution and transmission, communications, as well as control and instrumentation applications. The operating segment of the company are Power cables and wires, Communications cables and wires, Control and instrumentation cables and wires and Related products and services. Power cables and wires segment include power cables and wires which are used in electrical systems for the distribution of power. The majority of company's revenue is generated from Power cables and wires segment.

Southern Cable Group Bhd (XKLS:0225) Headlines

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