Asia Financial Holdings (HKSE:00662) GF Value Rank : 7 (As of Dec. 14, 2024)

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What is Asia Financial Holdings GF Value Rank?

Asia Financial Holdings has the GF Value Rank of 7.

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 Asia Financial Holdings's GF Value Rank

For the Insurance - Life subindustry, Asia Financial 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.

Asia Financial Holdings's GF Value Rank Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Asia Financial Holdings's GF Value Rank distribution charts can be found below:

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

Asia Financial Holdings GF Value Rank Related Terms

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Asia Financial Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Asia Financial Holdings Ltd (HKSE:00662) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Des Voeux Road Central, 16th Floor, Worldwide House, Hong Kong, HKG

Website

https://www.afh.hk

Asia Financial Holdings Ltd operates in the financial services industry of Hong Kong. Its key offering is comprised of insurance products ranging from general insurance to life insurance, which is provided through its subsidiaries of China. The company's segment include the Insurance segment engages in the provision of the underwriting of general and life insurance; the Corporate segment engages in securities trading and holding and other businesses. Majority of the revenue is derived from Insurance segment. Its revenue is derived from operations carried out in Hong Kong, Macau and Mainland China.

Executives

Cosmos Investments Inc.
Claremont Capital Holdings Ltd
Chan Bernard Charnwut	2201 Interest of corporation controlled by you
Chan Yau Hing, Robin	2201 Interest of corporation controlled by you
Bangkok Bank Public Company Limited	2101 Beneficial owner
Sompo Holdings, Inc.	2201 Interest of corporation controlled by you
Sompo Japan Insurance Inc. (formerly Known As Sompo Japan Nipponkoa Insurance Inc.)	2101 Beneficial owner

Asia Financial Holdings Headlines

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