Hextar Retail Bhd (XKLS:7202) GF Value Rank : 0 (As of Jun. 09, 2024)

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What is Hextar Retail Bhd GF Value Rank?

Hextar Retail Bhd 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.

Hextar Retail Bhd GF Value Rank Related Terms

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Hextar Retail Bhd (XKLS:7202) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Hextar Retail Bhd (XKLS:7202) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 12, Jalan RP3, Taman Rawang Perdana, Rawang, SGR, MYS, 48000

Website

https://www.classicscenic.com

Classic Scenic Bhd is an investment holding company. It operates in three segments namely Wooden picture frame mouldings, Other timber products, and Property holding. It's Wooden picture frame mouldings segment which derives the majority of its revenue has different product types namely Matt Black, High Gloss Lacquer, Wood Stain, Decorative Gilding, Metallic & Matt Colours, Veneer, Embossing, Washed & Distressed, Shadow Box & Floater, Fillet, and others. Its geographical segments include North America, Australia, Malaysia, and Other countries, out of which the majority of the revenue is generated from North America.

Hextar Retail Bhd (XKLS:7202) Headlines

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