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HireRight Holdings (HireRight Holdings) GF Value Rank : 0 (As of Apr. 28, 2024)


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What is HireRight Holdings GF Value Rank?

HireRight Holdings 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.


HireRight Holdings GF Value Rank Related Terms

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HireRight Holdings (HireRight Holdings) Business Description

Traded in Other Exchanges
N/A
Address
100 Centerview Drive, Suite 300, Nashville, TN, USA, 37214
HireRight Holdings Corp is a global provider of technology-driven workforce risk management and compliance solutions. It provides comprehensive background screening, verification, identification, monitoring, and drug and health screening services. It offers services via a unified global software and data platform that tightly integrates into its customers' human capital management (HCM) systems enabling effective and efficient workflows for workforce hiring, onboarding, and monitoring. The company's revenues is derived from contracts to provide services. Majority of the revenue is generated from United States.
Executives
Mary O'loughlin officer: EVP, North America 100 CENTERVIEW DRIVE, SUITE 300, NASHVILLE TN 37214
Michael E Ensor officer: SVP, Global Head of Operations 100 CENTERVIEW DRIVE, SUITE 300, NASHVILLE TN 37214
James R Daxner officer: EVP, Global Head of Product 100 CENTERVIEW DRIVE, SUITE 300, NASHVILLE TN 37214
James Laplaine director 100 CENTERVIEW DR,, NASHVILLE TN 37214
Lisa L Troe director 12181 BLUFF CREEK DRIVE, 4TH FLOOR, LOS ANGELES CA 90094
Rjc Gis Holdings Llc 10 percent owner 401 QUAY COMMONS UNIT 1801, SARASOTA FL 34236
Venkat Bhamidipati director 6220 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Lawrence M Kutscher director ONE DIAMOND HILL RD, MURRAY HILL NJ 07974
Jeanne S. Conrad 10 percent owner 401 QUAY COMMONS UNIT 1801, SARASOTA FL 34236
Raymond W. Conrad 10 percent owner 401 QUAY COMMONS UNIT 1801, SARASOTA FL 34236
General Atlantic, L.p. director, 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic Genpar (bermuda), L.p. director, 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY,LLC, 55 EAST 52ND ST. 32ND FLOOR, NEW YORK NY 10055
General Atlantic Partners (bermuda) Hrg Ii, L.p. director, 10 percent owner C/O CONYERS CLIENT SERVICES LIMITED, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
General Atlantic (spv) Gp (bermuda), Llc director, 10 percent owner C/O CONYERS CLIENT SERVICES LIMITED, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Gap (bermuda) L.p. director, 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY, 55 EAST 52ND ST. 32ND FLOOR, NEW YORK NY 10055