Axios Mobile Assets (Axios Mobile Assets) GF Value Rank : 0 (As of May. 29, 2024)

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What is Axios Mobile Assets GF Value Rank?

Axios Mobile Assets has the GF Value Rank of 0.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Axios Mobile Assets GF Value Rank Related Terms

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Axios Mobile Assets (Axios Mobile Assets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Axios Mobile Assets Corp (OTCPK:AXBSF) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Topflight Drive, Unit 7, Mississauga, ON, CAN, L5S 0A8

Website

http://www.axiosma.com

Axios Mobile Assets Corp is a Canada based logistics enabler featuring a next generation, bio-based pallet technology, which can be bundled with its proprietary cross-platform tracking and information system that helps improve the value chain in the logistics market. The company's bundled offering aims to provide lower total cost, lighter weight, sanitary pallets, and real-time data. Its segments are Pallet Rental which accounts for the majority revenues and Freight Services.

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