Rafina Innovations (Rafina Innovations) GF Value Rank : 0 (As of May. 31, 2024)

View and export this data going back to 2008. Start your Free Trial

What is Rafina Innovations GF Value Rank?

Rafina Innovations 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.

Rafina Innovations GF Value Rank Related Terms

Thank you for viewing the detailed overview of Rafina Innovations's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Rafina Innovations (Rafina Innovations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Rafina Innovations Inc (OTCPK:VICA) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Karpenisiou, Strovolos Lefkosias, CYP, 2021

Website

https://www.rafina-innovations.com

Rafina Innovations Inc through its subsidiaries is involved in the development of monitoring technologies, set up of rehabilitation centers, development of intellectual property related to everyday fields such as healthcare, sports, automotive and gaming as well as the creation of full-service Prosthetics and Orthotics and Diabetic foot clinics chain in Europe and the Middle East. The firm's main products include Flexisense technology and Rehabilitation clinics etc. It has Clinics and Technology operating segments and derives a majority of its revenues from Clinics segment.

Rafina Innovations (Rafina Innovations) Headlines

From GuruFocus

Rafina Innovations Begins Development on a Prototype for Sleep Apnoea

By Marketwired Marketwired • 02-14-2019

Rafina Innovations Develops a Prototype Named Flexi Cuff for Deep Vein Thrombosis Patients

By Marketwired Marketwired • 02-25-2019

Rafina Innovations Inc Comments on Recent Stock Volume and Price Increase

By Marketwired Marketwired • 02-28-2019

Management Changes at Rafina Innovations Inc.

By Marketwired Marketwired • 11-19-2018

HCi Viocare Rebrands Itself and Becomes Rafina Innovations Inc.

By Marketwired Marketwired • 07-12-2018

Rafina's Subsidiary C-Pharm Ltd Total Sales for 2020 $2.7 Million

By Marketwired Marketwired • 05-18-2021

Rafina Innovations Inc. Acquires C-PHARM Ltd Pharmaceutical

By Marketwired Marketwired • 04-22-2021

Rafina Innovations Inc. Announces Brand-New Website and Exclusive Distributor Agreement with OPTEC International Inc.

By Marketwired Marketwired • 05-17-2021