Optical Cable (Optical Cable) GF Value Rank : 10 (As of Apr. 30, 2024)

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What is Optical Cable GF Value Rank?

Optical Cable has the GF Value Rank of 10.

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 Optical Cable's GF Value Rank

For the Communication Equipment subindustry, Optical Cable'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.

Optical Cable's GF Value Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Optical Cable's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Optical Cable's GF Value Rank falls into.

Optical Cable GF Value Rank Related Terms

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Optical Cable (Optical Cable) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Optical Cable Corp (NAS:OCC) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

OCC:Germany

Address

5290 Concourse Drive, Roanoke, VA, USA, 24019

Website

https://www.occfiber.com

Optical Cable Corp manufactures tight-buffered fiber optic & copper data communication cables, data communication connectivity solutions for enterprise markets, and customized solutions for specialty use & harsh environments. Its products and services include designs and customized products for specialty applications and harsh environments, cabling, connectors, patch cords, assemblies, racks, cabinets, datacom enclosures, patch panels, faceplates, and multi-media boxes. The company supplies its products and services to industries such as the military, industrial, mining, petrochemical, broadcast, oil & gas, and others.

Executives

Randall H Frazier	director
Wilkin Neil D Jr	director, officer: President and CFO
Williamson John B Iii	director	PO BOX 13007, ROANOKE VA 24030
Nygren John A Jr	director	567 SEAFORD LANE, MATHEWS VA 23109
Craig H Weber	director
William Russell Reynolds	officer: SR VP OF SALES	106 DISTANT VIEW DRIVE, ASHEVILLE NC 28803
Tracy G Smith	officer: Chief Financial Officer
Luke J Huybrechts	director, officer: SVP Sales
Charles W Carson	officer: SVP Marketing & Strategy
Ted W Leonard	officer: VP Sales - USA
John M Holland	director