IG Acquisition (IG Acquisition) GF Value Rank : 0 (As of Jun. 14, 2024)

View and export this data going back to 2020. Start your Free Trial

What is IG Acquisition GF Value Rank?

IG Acquisition 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.

IG Acquisition GF Value Rank Related Terms

Thank you for viewing the detailed overview of IG Acquisition's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

IG Acquisition (IG Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » IG Acquisition Corp (NAS:IGACU) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

251 Park Avenue South, 8th Floor, New York, NY, USA, 10010

Website

http://www.igacquisition.com

IG Acquisition Corp is a blank check company.

Executives

Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
G1 Execution Services, Llc	10 percent owner	175 W. JACKSON BLVD., SUITE 1700, 501 PLAZA 2, CHICAGO IL 60604
Susquehanna Securities, Llc	10 percent owner	401 CITY AVENUE, SUITE 220, BALA CYNWYD PA 19004
Ig Sponsor Llc	10 percent owner	251 PARK AVENUE SOUTH 8TH FLOOR, NEW YORK NY 10010
Christian Goode	director, officer: Chief Executive Officer	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Abigail May	director	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Bradley Tusk	director, 10 percent owner	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Farrell Edward Martin Jr.	officer: Chief Financial Officer	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10105
Catharine Dockery	director	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Kenneth Kweku	director	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Peter Ward	director	251 PARK AVENUE SOUTH 8TH FLOOR, NEW YORK NY 10010

IG Acquisition (IG Acquisition) Headlines

From GuruFocus

IG Acquisition Corp. Announces Closing of $300 Million Initial Public Offering

By PRNewswire PRNewswire • 10-06-2020

IG Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing November 23, 2020

By Marketwired Marketwired • 11-20-2020