EMCORE (EMCORE) GF Value Rank : 2 (As of May. 01, 2024)

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What is EMCORE GF Value Rank?

EMCORE has the GF Value Rank of 2.

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 EMCORE's GF Value Rank

For the Semiconductors subindustry, EMCORE'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.

EMCORE's GF Value Rank Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, EMCORE's GF Value Rank distribution charts can be found below:

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

EMCORE GF Value Rank Related Terms

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

EMCORE (EMCORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » EMCORE Corp (NAS:EMKR) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

ER2N:Germany ER2N:Germany

Address

2015 W. Chestnut Street, Alhambra, CA, USA, 91803

Website

https://www.emcore.com

EMCORE Corp is a provider of sensors and navigation systems for the aerospace and defense market. The company operates in one reporting segment, Inertial Navigation, whose product technology categories include: (a) FOG, (b) QMEMS, (c) RLG, in each case which serve the aerospace and defense market. The company operates geographically in United States and Canada, which is the key revenue generator; Asia; Europe; and Other.

Executives

Awm Investment Company, Inc.	10 percent owner	527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Rex S Jackson	director	C/O SYMYX TECHNOLOGIES, INC., 3100 CENTRAL EXPRESSWAY, SANTA CLARA CA 95051
Jeffrey Rittichier	officer: Chief Executive Officer	2015 CHESTNUT ST, ALHAMBRA CA 91803
Stephen L Domenik	director	C/O SEVIN ROSEN FUNDS, 13455 NOEL RD #1670, DALLAS TX 75240
Noel Heiks	director	C/O EMCORE CORPORATION, 2015 CHESTNUT ST., ALHAMBRA CA 91803
Thomas P. Minichiello	officer: Chief Financial Officer	750 N. COMMONS DRIVE, AURORA IL 60504
Bruce Grooms	director	C/O EMCORE CORPORATION, 2015 CHESTNUT ST., ALHAMBRA CA 91803
Mark A Gordon	officer: Intrm Princ Fin and Acc Offcr	2015 CHESTNUT STREET, ALHAMBRA CA 91803
Iain Black	officer: SVP, Operations	2015 CHESTNUT STREET, ALHAMBRA CA 91803
David Gregory Wojciechowski	officer: Vice President, Sales	2015 CHESTNUT STREET, ALHAMBRA CA 91803
Jikun Kim	officer: Chief Financial Officer	181 W. HUNTINGTON DRIVE, SUITE 202, MONROVIA CA 91016
Albert Lu	officer: Sr. V.P. of Engineering	2015 CHESTNUT STREET, ALHAMBRA CA 91803
Coringrato Edward J Jr.	director	301 1ST STREET, SW, SUITE 200, ROANOKE VA 24011
Mark Weinswig	officer: Chief Financial Officer	EMCORE CORP, 10420 RESEARCH ROAD, SE, ALBUQUERQUE NM 87123
Steven R Becker	director, other: See Remarks	5525 NAKOMA DRIVE, DALLAS TX 75209