Basanite (Basanite) GF Value Rank : 0 (As of May. 02, 2024)

View and export this data going back to 2010. Start your Free Trial

What is Basanite GF Value Rank?

Basanite 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.

Basanite GF Value Rank Related Terms

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

Basanite (Basanite) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Basanite Inc (OTCPK:BASA) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

2041 NW 15th Avenue, Pompano Beach, FL, USA, 33069

Website

https://www.basaniteindustries.com

Basanite Inc is engaged in manufacturing basalt fiber reinforced polymer products (BRP). It produces basalt fiber reinforced polymer products that are used as replacements for steel products, which reinforce concrete, such as rebar. The company's product includes BasaFlex; BasaMix and BasaMesh.

Executives

Thomas Richmond	officer: CEO	2660 NW 15 CT, UNIT 108, POMPANO BEACH FL 33069
Lisa H Gainsborg	officer: CFO, Treasurer and Secretary	BASANITE, INC., 2041 NW 15TH AVENUE, POMPANO BEACH FL 33069
Sergio Salani	director	BASANITE, INC., 2041 NW 15TH AVENUE, POMPANO BEACH FL 33069
Manuel Antonio Rodriguez	director	7250 SW HARBOR COVE DR., STUART FL 34997
Tingberg Frederick Henry Jr	director	2005 SW AMARILLO LANE, PALM CITY FL 34990
Michael Vito Barbera	director	1423 SW 13TH DRIVE, BOCA RATON FL 33486
Loricco Ronald Joseph Sr.	director, 10 percent owner	28 DALES DR., WOODBRIDGE CT 06525
Adam Scott Falkoff	director	1390 CHAIN BRIDGE ROAD #630, MCLEAN VA 22101
Simon Richard Kay	officer: Interim Pres. & CEO	8001 NW 66TH TERRACE, PARKLAND FL 33067
Isabella Barbera	officer: Chief Financial Officer	13396 60TH STREET NORTH, WEST PALM BEACH FL 33411
Richard Michael Krolewski	director, officer: Chief Executive Officer	1018 ROANOKE DRIVE, WESTFIELD IN 46074
Gregory Guy Nadeau	director	1 CARRIER PLACE, LEWISTON ME 04240
Kelly James Patterson	director	11200 NE 182ND ST., BATTLE GROUND WA 98604
Gregory David Cline	director	169 WHITE OAK ROAD, FREDERICKSBURG VA 22405
Paul M. Sallarulo	director	2521 NE 48TH STREET, LIGHTHOUSE PT. FL 33064