MKP Mobility (BOM:521244) GF Value Rank : 0 (As of Jun. 18, 2024)

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What is MKP Mobility GF Value Rank?

MKP Mobility 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.

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MKP Mobility (BOM:521244) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MKP Mobility Ltd (BOM:521244) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.B. No. 9, Bangalore Roadchallekere, Siddapura Village, Challekere, Chitradurga, KA, IND, 577522

Website

https://www.chitraspinltd.com

MKP Mobility Ltd is involved into the business of distribution and exports- automotive parts, industrial products, mechanical and electronic components, auto care products. lubricants, tyres, batteries, refurbished parts The Company primarily operates in the Distribution of Automobile spare parts and lubricants which is also its single reportable segment. Its business activities include: purchase and sales- 2wheelers, 3 wheelers and cars and commercial vehicles; provide services relating to warehousing and logistics; manufacturing, producing and assembling packaging and operate workshops for repairing, servicing all types of automotive vehicles, industrial equipment, construction equipment.

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