GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Aspermont Ltd (ASX:ASP) » Definitions » GF Value Rank

Aspermont (ASX:ASP) GF Value Rank : 0 (As of Jan. 18, 2025)


View and export this data going back to 2000. Start your Free Trial

What is Aspermont GF Value Rank?

Aspermont 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.

Aspermont GF Value Rank Related Terms

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

Aspermont Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Aspermont Ltd (ASX:ASP) » Definitions » GF Value Rank
Comparable Companies
ASX:XGL ASX:MXO ASX:SW1 ASX:IS3 ASX:PPL ASX:SEG LSE:INF LSE:PSON NYT OSL:SCHA SAU:4210 SHSE:601928 SHSE:601098 SHSE:603000 SHSE:601019 TSE:9468 SHSE:600373 SHSE:601921 WLY HKSE:00811
Traded in Other Exchanges
00W:Germany 00W:Germany 00W:Germany
Address
613- 619 Wellington Street, Perth, WA, AUS, 6000
Website
https://www.aspermont.com
Aspermont Ltd is a publishing company. The Company derives its revenue from subscription, advertising and sponsorships from print and online publications and from running live events in various locations across a number of trade sectors including the mining, agriculture, energy and technology sector. The firm mainly operates within Australia and in the United Kingdom. Geographically, it derives a majority of its revenue from Apac and also has a presence in Europe; America, and other countries.

Aspermont Headlines