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Beijing Capital International Airport Co (HKSE:00694) GF Value Rank : 8 (As of Jun. 16, 2024)


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What is Beijing Capital International Airport Co GF Value Rank?

Beijing Capital International Airport Co has the GF Value Rank of 8.

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 Beijing Capital International Airport Co's GF Value Rank

For the Airports & Air Services subindustry, Beijing Capital International Airport Co'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.


Beijing Capital International Airport Co's GF Value Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Beijing Capital International Airport Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Beijing Capital International Airport Co's GF Value Rank falls into.



Beijing Capital International Airport Co GF Value Rank Related Terms

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Beijing Capital International Airport Co (HKSE:00694) Business Description

Traded in Other Exchanges
Address
979 King’s Road, 37th Floor, One Taikoo Place, Hong Kong, Hong Kong, HKG
Beijing Capital International Airport Co Ltd is primarily engaged in operating and managing aeronautical and nonaeronautical businesses at Beijing Capital Airport. The Company's aeronautical business includes provision of aircraft landings and take-offs and passenger service facilities, ground support services, and firefighting services for domestic and foreign air transportation enterprises. The Company's non-aeronautical business includes ground handling agent services supplied for domestic and foreign airliners; in-flight catering services; duty free and other retail shops in the terminals.
Executives
Mitsubishi Ufj Financial Group, Inc. 2201 Interest of corporation controlled by you
Blackrock, Inc. 2201 Interest of corporation controlled by you
Employees Provident Fund Board 2101 Beneficial owner
Invesco Asset Management Limited 2102 Investment manager
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
Causeway Capital Management Llc 2102 Investment manager
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
T. Rowe Price Associates, Inc. And Its Affiliates 2101 Beneficial owner
Citigroup Inc. 2502 Approved lending agent
Gic Private Limited 2102 Investment manager
Brown Brothers Harriman & Co. 2502 Approved lending agent
Jiang Jinzhi 2201 Interest of corporation controlled by you
Hermes Investment Funds Plc 2101 Beneficial owner
Aberdeen Asset Management Plc And Its Associates 2102 Investment manager

Beijing Capital International Airport Co (HKSE:00694) Headlines

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