Ceylon Grain Elevators (COL:GRAN.N0000) GF Value Rank : 1 (As of Jun. 24, 2024)

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What is Ceylon Grain Elevators GF Value Rank?

Ceylon Grain Elevators has the GF Value Rank of 1.

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 Ceylon Grain Elevators's GF Value Rank

For the Farm Products subindustry, Ceylon Grain Elevators'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.

Ceylon Grain Elevators's GF Value Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ceylon Grain Elevators's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Ceylon Grain Elevators's GF Value Rank falls into.

Ceylon Grain Elevators GF Value Rank Related Terms

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

Ceylon Grain Elevators (COL:GRAN.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ceylon Grain Elevators PLC (COL:GRAN.N0000) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 15, Rock House Lane, Colombo, LKA, 15

Website

https://www.prima.com.lk

Ceylon Grain Elevators PLC is engaged in poultry activities. Its segments include Milling and farming, Poultry breeding and commercial, and others. The majority of the revenue is generated from the Milling and farming segment which includes manufacturing and selling poultry feed, other animal feed, poultry processing, importing, and selling drugs and vaccines. The Poultry breeding and commercial segment include the breeding of commercial day-old chicks and broiler farming and provision of hatchery services and the Others segment includes the provision of warehouse facilities and trading.

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