Icon Culture Global Co (HKSE:08500) GF Value Rank : 0 (As of Sep. 22, 2024)

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What is Icon Culture Global Co GF Value Rank?

Icon Culture Global Co 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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Icon Culture Global Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Icon Culture Global Co Ltd (HKSE:08500) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 62 Jinsui Road, 29th Floor, Kingold Century, Zhujiang New Town, Tianhe District, Guangzhou Province, CHN

Website

https://www.iconspace.com

Icon Culture Global Co Ltd is a multimedia advertising and marketing solution service provider in China. The company provides advertising and marketing solutions covering traditional offline media including both OOH and indoor advertising platforms; online media; public relations, marketing campaigns, and other services to its customers that consist of brand owners, state-owned entities in China, advertising agencies, and government authorities. Its integrated multimedia advertising and marketing solution services are focused on the formulation of advertising strategies for its customers and identifying and sourcing the appropriate advertising resources and formats to maximize the effectiveness of its customers' advertisements.

Executives

Chow Eric Tse To	2201 Interest of corporation controlled by you
Shining Icon (bvi) Limited	2101 Beneficial owner
Cai Xiaoshan	2201 Interest of corporation controlled by you
Focus Wonder Limited	2101 Beneficial owner
Lau Tung Hei Derek	2201 Interest of corporation controlled by you
Master Connection Limited	2101 Beneficial owner
China Hui Shang Enterpriser Association International Group Limited	2101 Beneficial owner
Capital Realm Financial Holdings Limited	2101 Beneficial owner
Sense One Limited	2101 Beneficial owner

Icon Culture Global Co Headlines

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