GWAV (Greenwave Technology Solutions) GF Value Rank : 2 (As of Dec. 12, 2024)

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What is Greenwave Technology Solutions GF Value Rank?

Greenwave Technology Solutions 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 Greenwave Technology Solutions's GF Value Rank

For the Waste Management subindustry, Greenwave Technology Solutions'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.

Greenwave Technology Solutions's GF Value Rank Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Greenwave Technology Solutions's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Greenwave Technology Solutions's GF Value Rank falls into.

Greenwave Technology Solutions GF Value Rank Related Terms

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Greenwave Technology Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Greenwave Technology Solutions Inc (NAS:GWAV) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

4016 Raintree Road, Suite 300, Chesapeake, VA, USA, 23321

Website

https://www.greenwavetechnologysolutions.com

Greenwave Technology Solutions Inc through its subsidiary, is an operator of several metal recycling facilities in Virginia and North Carolina. At these facilities, the company is involved in collecting, classifying, and processing raw scrap metal (ferrous and nonferrous) for recycling. The company's products are selling ferrous metal, which is used in the recycling and production of finished steel. It is categorized into heavy melting steel, plate and structural, and shredded scrap. and it also processes nonferrous metals such as aluminum, copper, stainless steel, nickel, brass, titanium, alloys, and mixed metal products.

Executives

Henry Iii Sicignano	director	8201 MAIN STREET, SUITE 6, WILLIAMSVILLE NY 14221
Jason T Adelman	director	900 PARK AVENUE, APARTMENT 15A, NEW YORK NY 10021
Danny Meeks	director, other: Chairman of the BOD	1560 BROADWAY, SUITE 17-105, DENVER CO 80202
Ashley Elizabeth Sickles	officer: Chief Financial Officer	531 FOXGATE QUARTER, CHESAPEAKE VA 23322
John Bryan Plumlee	director	277 SUBURBAN DRIVE, SUFFOLK VA 23434
Howard Jordan	officer: Chief Financial Officer	277 SUBURBAN DRIVE, SUFFOLK VA 23434
Cheryl Elizabeth Lanthorn	director	277 SUBURBAN DRIVE, SUFFOLK VA 23434
John D. Wood	director	520 BUSHNELL DRIVE, VIRGINIA BEACH VA 23451
Isaac Dietrich	director, officer: Chief Executive Officer	1624 MARKET STREET, SUITE 201, DENVER CO 80202
Charles Blum	director	1505 UPLAND HILLS DRIVE NORTH, UPLAND CA 91784
Jesus Quintero	officer: Chief Financial Officer	16860 SOUTHWEST 1ST STREET, PEMBROKE PINES FL 33027
Graham Farrar	director	2420 17TH STREET, OFFICE 3118, DENVER CO 80202
Cecil Bond Kyte	director	5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601
Scott C Kveton	officer: Chief Executive Officer	1624 MARKET STREET, SUITE 201, DENVER CO 80202
Osborn Steven Lee Ii	officer: Chief Technology Officer	761 SE 65TH PL, HILLSBORO OR 97123