BYDIY (BYD Electronic (International) Co) GF Value Rank : 6 (As of Dec. 11, 2024)

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What is BYD Electronic (International) Co GF Value Rank?

BYD Electronic (International) Co has the GF Value Rank of 6.

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 BYD Electronic (International) Co's GF Value Rank

For the Electronic Components subindustry, BYD Electronic (International) Co'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.

BYD Electronic (International) Co's GF Value Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, BYD Electronic (International) Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where BYD Electronic (International) Co's GF Value Rank falls into.

BYD Electronic (International) Co GF Value Rank Related Terms

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BYD Electronic (International) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BYD Electronic (International) Co Ltd (OTCPK:BYDIY) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

BYDIF:USA 00285:Hong Kong 4BY:Germany

Address

No. 1 Bibao Second Road, Baolong Street, Longgang District, Shenzhen, CHN, 518116

Website

http://www.electronics.byd.com

BYD Electronic (International) Co Ltd is a diversified components supplier and assembler. Spun out from its parent company BYD Company in 2007, BYDE is known for assembling iPads and is a supplier of metal and plastic components to consumer electronic devices such as tablets, laptops, and smartphones. The next leg of growth also comes from hardware used in electric vehicles and Internet of Things devices such as drones, residential energy storage, and smart home devices. BYDE's headquarters are in Shenzhen, China, and it employed around 150,300 people as of Dec. 31, 2023.

BYD Electronic (International) Co Headlines

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