China Dongxiang (Group) Co (China Dongxiang (Group) Co) GF Value Rank : 0 (As of May. 02, 2024)

View and export this data going back to 2007. Start your Free Trial

What is China Dongxiang (Group) Co GF Value Rank?

China Dongxiang (Group) Co 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.

China Dongxiang (Group) Co GF Value Rank Related Terms

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

China Dongxiang (Group) Co (China Dongxiang (Group) Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China Dongxiang (Group) Co Ltd (OTCPK:CDGXF) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

CDGXY:USA 03818:Hong Kong 4C1:Germany

Address

Building 21, No. 2 Jingyuanbei Street, Beijing Economic-Technological Development Area, Beijing, CHN, 100176

Website

http://www.dxsport.com

China Dongxiang (Group) Co Ltd manufactures sports apparel and footwear. Its main brand is Kappa, which it sells in China. The company's primary sales channel is wholesale to distributors. The company also sells directly to consumers through more than 1,000 company-operated retail stores and outlets in China and through its e-commerce channel. It has two segments China Apparel and Investment. Sales in China account for most of the total company's revenue.

China Dongxiang (Group) Co (China Dongxiang (Group) Co) Headlines

No Headlines