Halyk Bank of Kazakhstan JSC (CHIX:HSBKL) GF Value Rank : 6 (As of Dec. 14, 2024)

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What is Halyk Bank of Kazakhstan JSC GF Value Rank?

Halyk Bank of Kazakhstan JSC 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 Halyk Bank of Kazakhstan JSC's GF Value Rank

For the Banks - Regional subindustry, Halyk Bank of Kazakhstan JSC'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.

Halyk Bank of Kazakhstan JSC's GF Value Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Halyk Bank of Kazakhstan JSC's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Halyk Bank of Kazakhstan JSC's GF Value Rank falls into.

Halyk Bank of Kazakhstan JSC GF Value Rank Related Terms

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Halyk Bank of Kazakhstan JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Halyk Bank of Kazakhstan JSC (CHIX:HSBKl) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

HSBKD:Kazakhstan HSBK:Kazakhstan HSBK:UK H4L1:Germany

Address

40 Al-Farabi Avenue, Almaty, KAZ, A26M3K5

Website

https://halykbank.com

Halyk Bank of Kazakhstan JSC is engaged in retail, corporate, and SME banking services. It also provides insurance, cash collection, asset management, brokerage, telecommunication, and leasing services. The Group has four main business segments: Corporate Banking, SME Banking, Retail Banking, and Investment Banking. The majority of revenue derives from the corporate banking segment which includes banking services to corporate clients and financial institutions including current accounts and correspondent accounts, deposits, custody, overdrafts, loans and other credit facilities, documentary operations, including guarantees and letters of credit, trade finance products, as well as cash services and foreign exchange transactions.

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