New Hope Service Holdings (HKSE:03658) GF Value Rank : 6 (As of Jun. 22, 2024)

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What is New Hope Service Holdings GF Value Rank?

New Hope Service Holdings has the GF Value Rank of 6.

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 New Hope Service Holdings's GF Value Rank

For the Real Estate Services subindustry, New Hope Service 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.

New Hope Service Holdings's GF Value Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New Hope Service Holdings's GF Value Rank distribution charts can be found below:

* The bar in red indicates where New Hope Service Holdings's GF Value Rank falls into.

New Hope Service Holdings GF Value Rank Related Terms

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New Hope Service Holdings (HKSE:03658) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New Hope Service Holdings Ltd (HKSE:03658) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 366 Jinshi Road, 16th Floor, Building 2, New Hope Zhongding International, Jinjiang District, Chengdu, Sichuan, CHN, 610000

Website

https://www.newhopeservice.com.cn

New Hope Service Holdings Ltd is a Chinese comprehensive property management and livelihood service operator, providing property management services, nonprofit Owner's value-added services, commercial operation services, and life services.

Executives

Li Wei	2202 Interest of your spouse
Chen Jing	2201 Interest of corporation controlled by you
Zhang Minggui	2201 Interest of corporation controlled by you
Wu Min	2201 Interest of corporation controlled by you
Tmf Trust (hk) Limited	2301 Trustee
New Voyage Development Limited	2101 Beneficial owner
New Range Development Limited	2201 Interest of corporation controlled by you
Jiang Mengjun	2201 Interest of corporation controlled by you
Huang Kun	2201 Interest of corporation controlled by you
Adventure Way Pte. Ltd.	2501 Other
Vistra Trust (singapore) Pte. Limited	2301 Trustee
Sea Glory Developments Limited	2201 Interest of corporation controlled by you
New Prosperity Development Limited	2201 Interest of corporation controlled by you
Medea Investments Limited	2201 Interest of corporation controlled by you
Liu Yonghao	2201 Interest of corporation controlled by you

New Hope Service Holdings (HKSE:03658) Headlines

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