Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) GF Value Rank : 1 (As of May. 25, 2024)

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What is Cimentas Izmir Cimento Fabrikasi Turk AS GF Value Rank?

Cimentas Izmir Cimento Fabrikasi Turk AS has the GF Value Rank of 1.

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.

Competitive Comparison of Cimentas Izmir Cimento Fabrikasi Turk AS's GF Value Rank

For the Building Materials subindustry, Cimentas Izmir Cimento Fabrikasi Turk AS's GF Value Rank, along with its competitors' market caps and GF Value Rank 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.

Cimentas Izmir Cimento Fabrikasi Turk AS's GF Value Rank Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cimentas Izmir Cimento Fabrikasi Turk AS's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Cimentas Izmir Cimento Fabrikasi Turk AS's GF Value Rank falls into.

Cimentas Izmir Cimento Fabrikasi Turk AS GF Value Rank Related Terms

Thank you for viewing the detailed overview of Cimentas Izmir Cimento Fabrikasi Turk AS's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Egemenlik Mah, Eski Kemalpasa, Caddesi No: 4B, Isikkent Bornova, Izmir, TUR, 35070

Website

https://www.cimentas.com.tr

Cimentas Izmir Cimento Fabrikasi Turk AS is specialized in the production and distribution of grey and white cement, ready-mixed concrete, aggregates and concrete products. It is also active in the management of urban and industrial waste. It's main segments are cement, aggregate, ready-mixed concrete and waste management. It obtains revenue from the sale of ready-mixed concrete and bulk and bagged cement. Cimentas Izmir Cimento Fabrikasi Turk AS is now present in 18 countries across 5 continents.

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