Kinergy (HKSE:03302) GF Value Rank : 0 (As of Jun. 14, 2024)

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What is Kinergy GF Value Rank?

Kinergy 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.

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Kinergy (HKSE:03302) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kinergy Corp Ltd (HKSE:03302) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Changi North Street 1, Lobby 2, Singapore, SGP, 498789

Website

https://www.kinergy.com.sg

Kinergy Corp Ltd is a contract manufacturer specialising in the manufacture of equipment, machines, sub-systems, precision tools, spare parts and components in the semiconductor equipment industry. The company reports three operating segments that are Electronics Manufacturing Services (EMS) for high-mix/low volume sub-systems and equipment, Original Design Manufacturing (ODM) which provides proprietary Kinergy brand of equipment, precision tools, spare parts and Investment division. It derives key revenue from the EMS business. Geographically, the company has a presence in Singapore, the United States, Japan, Mainland China, the Philippines and Other Countries.

Executives

Foo Kaw Jee	2202 Interest of your spouse
Lim Kuak Choi Leslie	2101 Beneficial owner
Lim Kuak Choi Leslie	2101 Beneficial owner
Foo Kaw Jee	2202 Interest of your spouse
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China Everbright Holdings Company Limited
China Everbright Limited
Zhong Guo Guang Da Ji Tuan Gu Fen Gong Si
Kerr Bradley Fraser
Kerr Joyce Soeryadjaya	2201 Interest of corporation controlled by you
China Everbright Venture Capital Limited
Datten Investments Limited
Diamond Wealth Global Limited
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Kinergy (HKSE:03302) Headlines

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