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Huizhou China Eagle Electronic Technology (SZSE:002579) GF Value Rank : 9 (As of May. 28, 2024)


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What is Huizhou China Eagle Electronic Technology GF Value Rank?

Huizhou China Eagle Electronic Technology has the GF Value Rank of 9.

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 Huizhou China Eagle Electronic Technology's GF Value Rank

For the Electronic Components subindustry, Huizhou China Eagle Electronic Technology'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.


Huizhou China Eagle Electronic Technology's GF Value Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Huizhou China Eagle Electronic Technology's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Huizhou China Eagle Electronic Technology's GF Value Rank falls into.



Huizhou China Eagle Electronic Technology GF Value Rank Related Terms

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Huizhou China Eagle Electronic Technology (SZSE:002579) Business Description

Traded in Other Exchanges
N/A
Address
Number 1 Zhongjing Road, Chenjiang Street, Zhongkai High-tech Zone, Guangdong Province, Huizhou, CHN
Huizhou China Eagle Electronic Technology Co Ltd researches and develops, produces, and sells printed circuit boards (PCBs) in China and internationally. Its products include offers high-end multilayer, high-density interconnect, and flexible PCBs. The company's products are used in consumer electronics, network communications, computers, automotive electronics, security industrial controls, medical equipment and artificial intelligence systems, Internet of things, smart wears and AR / VR, drones.
Executives
Wang Qin Sheng Executives
Yang Peng Fei Directors, executives
Duan Lun Yong Executives
Chen Ru Ping Secretary Dong
Huang Ruo Lei Securities Affairs Representative
Liu De Wei Directors, executives
Yu Xiang Bin Directors, Directors, and Executives
Yang Lin Director

Huizhou China Eagle Electronic Technology (SZSE:002579) Headlines

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