EuroEyes International Eye Clinic (HKSE:01846) GF Value Rank : 7 (As of Jun. 23, 2024)

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What is EuroEyes International Eye Clinic GF Value Rank?

EuroEyes International Eye Clinic 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 EuroEyes International Eye Clinic's GF Value Rank

For the Medical Care Facilities subindustry, EuroEyes International Eye Clinic'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.

EuroEyes International Eye Clinic's GF Value Rank Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EuroEyes International Eye Clinic's GF Value Rank distribution charts can be found below:

* The bar in red indicates where EuroEyes International Eye Clinic's GF Value Rank falls into.

EuroEyes International Eye Clinic GF Value Rank Related Terms

Thank you for viewing the detailed overview of EuroEyes International Eye Clinic's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

EuroEyes International Eye Clinic (HKSE:01846) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » EuroEyes International Eye Clinic Ltd (HKSE:01846) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Valentinskamp 90, Hamburg, DEU, 20355

Website

https://www.euroeyes.hk

EuroEyes International Eye Clinic Ltd is a laser eye surgery clinic. The firm's operating segments are the Provision of vision correction services, sales of pharmaceutical products, and Rental of ophthalmic equipment and operating spaces, Rendering of training service and Interest income. Its geographical segments are Germany, China, Denmark and UK. The Group's services include treatment of myopia, treatment of high myopia, treatment of presbyopia, and treatment of cataracts. The company generates a majority of its revenue from the provision of correction services in Germany.

Executives

Jørgensen Jørn Slot	2101 Beneficial owner
Jørgensen Susanne	2202 Interest of your spouse
Jørgensen Jørn Slot	2101 Beneficial owner
Jørgensen Susanne	2202 Interest of your spouse

EuroEyes International Eye Clinic (HKSE:01846) Headlines

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