EVA Precision Industrial Holdings (HKSE:00838) GF Value Rank : 9 (As of May. 27, 2024)

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What is EVA Precision Industrial Holdings GF Value Rank?

EVA Precision Industrial Holdings has the GF Value Rank of 9.

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 EVA Precision Industrial Holdings's GF Value Rank

For the Metal Fabrication subindustry, EVA Precision Industrial 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.

EVA Precision Industrial Holdings's GF Value Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, EVA Precision Industrial Holdings's GF Value Rank distribution charts can be found below:

* The bar in red indicates where EVA Precision Industrial Holdings's GF Value Rank falls into.

EVA Precision Industrial Holdings GF Value Rank Related Terms

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EVA Precision Industrial Holdings (HKSE:00838) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » EVA Precision Industrial Holdings Ltd (HKSE:00838) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 1 Science Museum Road, Unit 8, 6th Floor, Greenfield Tower, Concordia Plaza, Kowloon, Hong Kong, HKG

Website

http://www.eva-group.com

EVA Precision Industrial Holdings Ltd is an investment holding company. The Group is a vertically integrated precision manufacturing service provider. The Group's existing services include mainly i) design and fabrication of precision metal stamping and plastic injection moulds; ii) manufacturing of precision metal and plastic components by using tailor-made moulds and other sophisticated manufacturing processes; iii) lathing of metal components The company's operating segment includes Office automation equipment and Automotive components. It generates maximum revenue from the Office automation equipment segment. Geographically, it derives a majority of revenue from The People's Republic of China.

Executives

Shen Chan Jie Lin	2202 Interest of your spouse
Zhang Hwo Jie	2101 Beneficial owner
Jiang Lu	2202 Interest of your spouse
Zhang Yaohua	2101 Beneficial owner
Prosper Empire Limited	2101 Beneficial owner

EVA Precision Industrial Holdings (HKSE:00838) Headlines

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