LH Hotel Leasehold Real Estate Investment Trust (BKK:LHHOTEL) GF Value Rank : 2 (As of Jun. 08, 2024)

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What is LH Hotel Leasehold Real Estate Investment Trust GF Value Rank?

LH Hotel Leasehold Real Estate Investment Trust has the GF Value Rank of 2.

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 LH Hotel Leasehold Real Estate Investment Trust's GF Value Rank

For the REIT - Hotel & Motel subindustry, LH Hotel Leasehold Real Estate Investment Trust'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.

LH Hotel Leasehold Real Estate Investment Trust's GF Value Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, LH Hotel Leasehold Real Estate Investment Trust's GF Value Rank distribution charts can be found below:

* The bar in red indicates where LH Hotel Leasehold Real Estate Investment Trust's GF Value Rank falls into.

LH Hotel Leasehold Real Estate Investment Trust GF Value Rank Related Terms

Thank you for viewing the detailed overview of LH Hotel Leasehold Real Estate Investment Trust's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

LH Hotel Leasehold Real Estate Investment Trust (BKK:LHHOTEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » LH Hotel Leasehold Real Estate Investment Trust (BKK:LHHOTEL) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

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Address

South Sathorn Road, No. 11 Q House Sathorn Building, 14th Floor, Tungmahamek, Sathorn, Bangkok, THA, 10120

Website

https://www.lhfund.co.th

LH Hotel Leasehold Real Estate Investment Trust is a Thailand-based REIT (Real Estate Investment Trust). The Trust's objectives are to mobilize funds raised from general investors to invest in the leasehold right in immovable properties and the ownership of movable properties of the Grande Centre Point Hotel Terminal 21 project as the core properties. The Trust is engaged in the rental of immovable and moveable properties. Its operation is carried on only in Thailand.

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