SMC Electric (HKSE:02381) GF Value Rank : 0 (As of Dec. 13, 2024)

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What is SMC Electric GF Value Rank?

SMC Electric 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.

SMC Electric GF Value Rank Related Terms

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SMC Electric Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » SMC Electric Ltd (HKSE:02381) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Lee Chung Street, 1st Floor, Shell Industrial Building, Chai Wan, Hong Kong, HKG

Website

http://www.smcelectric.com.hk

SMC Electric Ltd is engaged in manufacturing and selling of electric tools and sourcing and selling of electric fans. The company sells a wide variety of products including, fans such as Ceiling fans, Wall-mounted fans, Stand up fans, Cordless fans and Orbital fans, Work lights, Vacuum cleaners and other electric tools. The operating segments of the group are SMC segment and Non-SMC segment. It derives key revenue from the Non-SMC segment which involves the development, designing, manufacturing and trading of electric tools and electric fans to customers under their respective brands. The group derives revenue from the Americas, Europe, Oceania, Africa and Asia.

Executives

Red Dynasty Investments Limited	2201 Interest of corporation controlled by you
Yung Kwok Kee Billy	2201 Interest of corporation controlled by you
Claudio Holdings Limited	2201 Interest of corporation controlled by you
Creator Holdings Limited	2201 Interest of corporation controlled by you
Hkc (holdings) Limited	2201 Interest of corporation controlled by you
Hong Kong Construction (hong Kong) Limited	2101 Beneficial owner
Oei Kang, Eric	2201 Interest of corporation controlled by you
Shell Electric Holdings Ltd	2101 Beneficial owner
Hsu Vivian	2202 Interest of your spouse

SMC Electric Headlines

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