Weigang Environmental Technology Holding Group (HKSE:01845) GF Value Rank : 0 (As of Jun. 23, 2024)

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What is Weigang Environmental Technology Holding Group GF Value Rank?

Weigang Environmental Technology Holding Group 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.

Weigang Environmental Technology Holding Group GF Value Rank Related Terms

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Weigang Environmental Technology Holding Group (HKSE:01845) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Weigang Environmental Technology Holding Group Ltd (HKSE:01845) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 181 Science Boulevard, 14-15 Floor, Block A4, Guangdong Province, Guangzhou, CHN

Website

http://www.gzweigang.com

Weigang Environmental Technology Holding Group Ltd is a comprehensive hazardous waste incineration turnkey solution provider in China. The company focuses on the research, design, integration, and commissioning of solid waste treatment systems, for hazardous waste incineration. It has registered patents and has pending registration in the PRC relating to hazardous waste incineration technologies and also owns registered software copyrights in the PRC relating to the monitoring and control of hazardous waste incineration systems. The operating segments of the group are hazardous waste incineration solutions, oilfield auxiliary services and thermal desorption of oil sludge, cement plant parallel kiln cotreatment services and pyrolysis solid waste treatment solutions.

Executives

Zhang Weiyang	2201 Interest of corporation controlled by you
Weigang Green Technology Limited	2201 Interest of corporation controlled by you
Weigang Technology Limited	2101 Beneficial owner
Zhou Wenying	2202 Interest of your spouse
Dhw Holdings Limited	2101 Beneficial owner
Cai Zhuhua	2201 Interest of corporation controlled by you
Huang Ying	2202 Interest of your spouse

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