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Thai Mui PCL (BKK:THMUI) GF Value Rank : 8 (As of Jun. 24, 2024)


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What is Thai Mui PCL GF Value Rank?

Thai Mui PCL has the GF Value Rank of 8.

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 Thai Mui PCL's GF Value Rank

For the Industrial Distribution subindustry, Thai Mui PCL'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.


Thai Mui PCL's GF Value Rank Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Thai Mui PCL's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Thai Mui PCL's GF Value Rank falls into.



Thai Mui PCL GF Value Rank Related Terms

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Thai Mui PCL (BKK:THMUI) Business Description

Traded in Other Exchanges
N/A
Address
759 Chareonkrung Road, Taladnoi, Sumphantawong, Krung Thep Maha Nakhon, Bangkok, THA, 10100
Thai Mui Corp PCL is engaged in the retail and wholesale of ironware, wire rope saw, and pipe and provides loop wire rope and equipment installation and inspection and plumbing contractor project and construction of a water quality improvement business for a shrimp farm. Its products include Wire rope, Skate, Soft sling, and Spiral accelerator. The company's segments are Sales and service and Project work. The key revenue is derived from the sale of wire rope and lifting equipment including replacement and installation and to provide technical inspection, testing, and analysis equipment activity. The group operates in Thailand.

Thai Mui PCL (BKK:THMUI) Headlines

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