Sanchez Midstream Partners LP (FRA:SHY1) GF Value Rank : 10 (As of May. 29, 2024)

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

What is Sanchez Midstream Partners LP GF Value Rank?

Sanchez Midstream Partners LP 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 Sanchez Midstream Partners LP's GF Value Rank

For the Oil & Gas Midstream subindustry, Sanchez Midstream Partners LP'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.

Sanchez Midstream Partners LP's GF Value Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sanchez Midstream Partners LP's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Sanchez Midstream Partners LP's GF Value Rank falls into.

Sanchez Midstream Partners LP GF Value Rank Related Terms

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

Sanchez Midstream Partners LP (FRA:SHY1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sanchez Midstream Partners LP (FRA:SHY1) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

SNMP:USA

Address

1360 Post Oak Boulevard, Suite 2400, Houston, TX, USA, 77056

Website

https://www.evolvetransition.com

Evolve Transition Infrastructure LP is focused on the acquisition, development, and ownership of infrastructure critical to the transition of energy supply to lower carbon sources. It owns natural gas gathering systems, pipelines, and processing facilities in South Texas and continues to pursue energy transition infrastructure opportunities. It generates revenue from Gathering and transportation lease revenues.

Sanchez Midstream Partners LP (FRA:SHY1) Headlines

No Headlines