Indigo Star Holdings (HKSE:08373) GF Value Rank : 0 (As of Dec. 13, 2024)

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What is Indigo Star Holdings GF Value Rank?

Indigo Star Holdings 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.

Indigo Star Holdings GF Value Rank Related Terms

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Indigo Star Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Indigo Star Holdings Ltd (HKSE:08373) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Upper Aljunied Link, No. 03-08 Quartz Industrial Building, Singapore, SGP, 367903

Website

https://www.indigostar.sg

Indigo Star Holdings Ltd is a subcontractor specializing in providing reinforced concrete works. The company offers structural reinforced and concrete works in general building and civil engineering works. It offers steel reinforcement works, formwork erection, and concrete works. It provides such services either individually or as a total package comprising all three, depending on the requirements of the customers. The group is involved in different types of general building and civil engineering projects, which include residential housing, offices, commercial, industrial, and institutional developments, special purpose constructions, MRT stations, and infrastructure. It has two segments Construction contract and Sales of tiles. All its revenue is derived from Singapore.

Executives

Chan Ming	2201 Interest of corporation controlled by you
Splendor Investment Limited	2101 Beneficial owner
Claudia International Limited	2101 Beneficial owner
Chan Wai Kin	2201 Interest of corporation controlled by you
Amber Capital Holdings Limited	2101 Beneficial owner
Goh Cheng Seng	2101 Beneficial owner
Tan So Kuan	2101 Beneficial owner

Indigo Star Holdings Headlines

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