FLYHT Aerospace Solutions (FLYHT Aerospace Solutions) GF Value Rank : 0 (As of Jun. 21, 2024)

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

What is FLYHT Aerospace Solutions GF Value Rank?

FLYHT Aerospace Solutions 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.

FLYHT Aerospace Solutions GF Value Rank Related Terms

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

FLYHT Aerospace Solutions (FLYHT Aerospace Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » FLYHT Aerospace Solutions Ltd (OTCPK:FLYLF) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

FLY:Canada

Address

1212 – 31 Avenue Northeast, Suite 500, Calgary, AB, CAN, T2E 7S8

Website

https://www.flyht.com

FLYHT Aerospace Solutions Ltd provides airlines with Actionable Intelligence to transform operational insight into immediate, quantifiable action, and delivers industry leading solutions to improve aviation safety, efficiency, and profitability. This unique capability is driven by a suite of patented aircraft-certified hardware products, including AFIRS, the AFIRS Edge, TAMDAR and FLYHT-WVSS-II. The company's product and services include SaaS, Hardware, Licensing and Technical Services. Geographically, the company operates in United States & Mexico, Asia, China, Middle East, Canada, Australia, Africa, Europe and South/Central America.