Andon Health Co (SZSE:002432) GF Value Rank : 1 (As of Jun. 19, 2024)

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What is Andon Health Co GF Value Rank?

Andon Health Co 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 Andon Health Co's GF Value Rank

For the Medical Instruments & Supplies subindustry, Andon Health Co'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.

Andon Health Co's GF Value Rank Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Andon Health Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Andon Health Co's GF Value Rank falls into.

Andon Health Co GF Value Rank Related Terms

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Andon Health Co (SZSE:002432) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Andon Health Co Ltd (SZSE:002432) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

7/F Hua Qiao Chuang Ye Plaza, No. 10 Jin Ping Road, Ya An Street, Tianjin, Nankal District, CHN, 300190

Website

http://www.jiuan.com

Andon Health Co Ltd is a China-based company. It is principally engaged in the research and development, manufacture and distribution of medical instruments. Its main products include a blood pressure monitor, blood glucose monitor, TENS, electrical muscle stimulator, electronic pulse massager, and a digital thermometer.

Executives

Wang Yong	Directors, executives
Wu Tong	Secretary Dong
Cong Ming	Executives, directors
Sun Zhe	Executives
Liu Yi	Director
Li Zhi Yi	Directors, executives
Yu You Xin	Supervisors
Zhang Feng Yun	Executives
Yao Kai	Supervisors

Andon Health Co (SZSE:002432) Headlines

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