Yip's Chemical Holdings (HKSE:00408) GF Value Rank : 5 (As of Dec. 14, 2024)

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What is Yip's Chemical Holdings GF Value Rank?

Yip's Chemical Holdings has the GF Value Rank of 5.

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 Yip's Chemical Holdings's GF Value Rank

For the Specialty Chemicals subindustry, Yip's Chemical Holdings'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.

Yip's Chemical Holdings's GF Value Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yip's Chemical Holdings's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Yip's Chemical Holdings's GF Value Rank falls into.

Yip's Chemical Holdings GF Value Rank Related Terms

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Yip's Chemical Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Yip's Chemical Holdings Ltd (HKSE:00408) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

YIPCF:USA

Address

Nos. 77-79 Gloucester Road, 27th Floor, Fortis Tower, Wanchai, Hong Kong, HKG

Website

https://www.yipschemical.com

Yip's Chemical Holdings Ltd produces petrochemical products. It has four segments, coatings, inks, lubricants, and properties. The Coatings, Inks, and Lubricants segments are in the manufacturing and trading of coatings, inks, and lubricants-related products. The Properties segment includes property investment and holding of the Group's properties not used for production plants, central administration office, and not used for other operating segments, including but not limited to properties for rental.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
Yip Tsz Hin	2202 Interest of your spouse
Ip Chi Shing	2101 Beneficial owner
Ip Fung Kuen	2101 Beneficial owner
Fidelity Puritan Trust	2101 Beneficial owner

Yip's Chemical Holdings Headlines

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