Jet Freight Logistics (NSE:JETFREIGHT) GF Value Rank : 6 (As of May. 11, 2024)

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What is Jet Freight Logistics GF Value Rank?

Jet Freight Logistics has the GF Value Rank of 6.

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 Jet Freight Logistics's GF Value Rank

For the Integrated Freight & Logistics subindustry, Jet Freight Logistics'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.

Jet Freight Logistics's GF Value Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jet Freight Logistics's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Jet Freight Logistics's GF Value Rank falls into.

Jet Freight Logistics GF Value Rank Related Terms

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Jet Freight Logistics (NSE:JETFREIGHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jet Freight Logistics Ltd (NSE:JETFREIGHT) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

543420:India

Address

Cardinal Gracious Road, Opposite P&G Corporate Park, Pramukh Plaza, 706, C wing, 7th Floor, Opposite Holy Family Church, Chakala, Andheri East, Mumbai, MH, IND, 400099

Website

https://www.jfll.com

Jet Freight Logistics Ltd is engaged in the business of freight Forwarding for handling Perishable, General, and time-sensitive cargo and handling general and other kinds of cargo. The Company is offering a wide range of Supply Chain services such as Air Cargo Door-to-Door (Air Cargo DTD) services, Surface Parcel Delivery (SPD) Services to its customers, and Third Party Warehousing. Jet freight logistics offers a wide variety of services to its clients. Apart from Perishable, Time Sensitive, and General Cargo, the Company's service includes custom Clearance, Logistics Solutions, Shipment of Hazardous cargo, and ODC consignments. The Company operates in a single segment.

Jet Freight Logistics (NSE:JETFREIGHT) Headlines

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