GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Alco Holdings Ltd (HKSE:00328) » Definitions » GF Value Rank

Alco Holdings (HKSE:00328) GF Value Rank : 0 (As of Jun. 06, 2024)


View and export this data going back to 1992. Start your Free Trial

What is Alco Holdings GF Value Rank?

Alco Holdings 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.


Alco Holdings GF Value Rank Related Terms

Thank you for viewing the detailed overview of Alco Holdings's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Alco Holdings (HKSE:00328) Business Description

Traded in Other Exchanges
N/A
Address
2 On Yiu Street, 11th Floor, Metropole Square, Sha Tin, New Territories, Hong Kong, HKG
Alco Holdings Ltd is an investment holding company. The company's operating segment includes AV products and Notebook products. It generates maximum revenue from the Notebook products segment. The AV products segment is involved in the design, manufacture, and sale of consumer electronic products, including audio, video, and tablet products. Its Notebook products segment is engaged in the design, manufacture, and sale of commercial notebooks and personal computer products. Geographically, it derives a majority of its revenue from Asia and also has a presence in North America; Europe, and Other Countries.
Executives
Bong Ching Chung Bong Ching Chung 2101 Beneficial owner
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Xu Jia Qi 2101 Beneficial owner
Toh Cheng Hock Kenneth 2106 Person having a security interest in shares
Webb David Michael 2201 Interest of corporation controlled by you
Preferable Situation Assets Limited 2101 Beneficial owner
Li Wing Yin 2101 Beneficial owner
Shundean Investments Limited 2101 Beneficial owner
Leung Wai Lap David 2101 Beneficial owner
Leung Wai Lap David 2101 Beneficial owner
Leung Kai Ching Kimen 2101 Beneficial owner
Leung Wai Sing Wilson 2101 Beneficial owner

Alco Holdings (HKSE:00328) Headlines

No Headlines