Lee Kee Holdings (HKSE:00637) GF Value Rank : 0 (As of Jun. 20, 2024)

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What is Lee Kee Holdings GF Value Rank?

Lee Kee Holdings 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.

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Lee Kee Holdings (HKSE:00637) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lee Kee Holdings Ltd (HKSE:00637) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Dai Fat Street, Tai Po Industrial Estate, New Territories, Hong Kong, HKG

Website

https://www.leekeegroup.com

Lee Kee Holdings Ltd is involved in the production and distribution of metals, along with quality assurance and testing, technical consultancy, and futures brokerage services. The company is engaged in the trading of zinc, zinc alloy, nickel, nickel-related products, aluminum, aluminum alloy, stainless steel, and other electroplating chemical products. Geographically, it derives a majority of its revenue from Mainland China and also has a presence in Hong Kong.

Executives

Chan Ka Chun Patrick	2501 Other
Okusako Chan Pui Shan Lillian	2501 Other

Lee Kee Holdings (HKSE:00637) Headlines

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