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NeXR Technologies SE (FRA:NXR) GF Value Rank : 0 (As of May. 24, 2024)


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What is NeXR Technologies SE GF Value Rank?

NeXR Technologies SE 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.

NeXR Technologies SE GF Value Rank Related Terms

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NeXR Technologies SE (FRA:NXR) Business Description

Industry
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Traded in Other Exchanges
NXR:Germany
Address
Charlottenstrasse 4, Berlin, DEU, 10969
Website
https://www.nexr-technologies.com
NeXR Technologies SE is a technology company. The company is engaged in two business areas: 3D scanner systems and VR experience worlds. It develops and produces complex 3D photogrammetry scanner systems that can be used for both professional studio purposes and end-user applications. The company is also developing and producing digital VR worlds for prominent companies and stars from the sports, music, and entertainment industries as a provider of agency services.

NeXR Technologies SE (FRA:NXR) Headlines