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Nam Kim Steel JSC (STC:NKG) GF Value Rank : 0 (As of May. 29, 2024)


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What is Nam Kim Steel JSC GF Value Rank?

Nam Kim Steel JSC 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.

Nam Kim Steel JSC GF Value Rank Related Terms

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Nam Kim Steel JSC (STC:NKG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nam Kim Steel JSC (STC:NKG) » Definitions » GF Value Rank
Comparable Companies
BOM:532643 BOM:513544 BOM:530609 BOM:540697 TSXV:IVX BOM:522245 WAR:GAL BOM:540079 BOM:531845 BOM:513703 BOM:513498 XSAT:AMNO BOM:532005 BOM:539176 BOM:526801 BOM:532731 BOM:539196 OSTO:PCOM B SGX:5EB NSE:GANGAFORGE
Traded in Other Exchanges
N/A
Address
Lot A1, Road D2, Dong An 2 Industrial Park, Hoa Phu Ward, Thu Dau Mot, Binh Duong Province, VNM
Website
https://www.namkimgroup.vn
Nam Kim Steel JSC manufactures and distributes hot-dip Zinc-Aluminum alloy-coated steel sheets in a coil (NAKI ZINCALUM), hot-dip Zinc coated steel sheets in a coil (NAKI ZINC), color-coating steel sheet in a coil (NAKI COLOR) and other industrial products in Vietnam. These products are mainly applied in the field of industrial and civil construction, interior-exterior decoration and handicraft goods, electromechanics manufacturing, precision engineering, and stampling steel products.

Nam Kim Steel JSC (STC:NKG) Headlines