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Surge Components (Surge Components) GF Value Rank : 5 (As of Apr. 28, 2024)


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What is Surge Components GF Value Rank?

Surge Components has the GF Value Rank of 5.

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 Surge Components's GF Value Rank

For the Electronics & Computer Distribution subindustry, Surge Components'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.


Surge Components's GF Value Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Surge Components's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Surge Components's GF Value Rank falls into.



Surge Components GF Value Rank Related Terms

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


Surge Components (Surge Components) Business Description

Traded in Other Exchanges
N/A
Address
95 East Jefryn Boulevard, Deer Park, New York, NY, USA, 11729
Surge Components Inc is a supplier of electronic products and components. The company's products include capacitors, which are electrical energy storage devices, and discrete components, such as rectifiers, transistors, and diodes. Its marketed products are utilized in the electronic circuitry of products, comprising of automobiles, telecom, audio, cellular telephones, computers, consumer electronics, garage door openers, household appliances, power supplies and security equipment. In addition, the company's products are also sold to original equipment manufacturers and distributors.
Executives
Peter Levy director C/O ATLAS THERAPEUTICS CORPORATION, 4640 ADMIRALTY WAY, SUITE 500, MARINA DEL REY CA 90292
Michael D Tofias 10 percent owner 325 NORTH END AVENUE, APT. 25B, NEW YORK NY 10282
Steven J Lubman director, officer: VP, Secretary, Director 1016 GRAND BLVD, DEER PARK NY 11729
Martin Novick director
Alan Plafker director 24 SYLVIA ROAD, PLAINVIEW NY 11803
Gary Mark Jacobs director 15 HOOVER STREET, INWOOD NY 11096
Lawrence Chariton director 30 ROCKAWAY PLACE, MASSAPEQUA NY 11758
Ira Levy director, officer: Chief Executive Officer
David Siegel director 95 EAST JEFRYN BOULEVARD, DEER PARK NY 11729

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