Dipped Products (COL:DIPD.N0000) GF Value Rank : 10 (As of May. 07, 2024)

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What is Dipped Products GF Value Rank?

Dipped Products has the GF Value Rank of 10.

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 Dipped Products's GF Value Rank

For the Specialty Chemicals subindustry, Dipped Products'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.

Dipped Products's GF Value Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dipped Products's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Dipped Products's GF Value Rank falls into.

Dipped Products GF Value Rank Related Terms

Thank you for viewing the detailed overview of Dipped Products's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Dipped Products (COL:DIPD.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Dipped Products PLC (COL:DIPD.N0000) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

400, Deans Road, Colombo, LKA, 10

Website

https://www.dplgroup.com

Dipped Products PLC is a glove manufacturing company based in Sri Lanka. It offers unsupported gloves, supported gloves, and disposable gloves. The company operates through two segments, namely, Hand Protection segment, which is engaged in the manufacturing and selling of gloves; and Plantations segment, which owns and manages tea and rubber plantations. It generates majority revenue from Hand Protection segment. Geographically the company operates in Asia/Africa/Middle East, South America, Europe and North America.

Dipped Products (COL:DIPD.N0000) Headlines

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