GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Logicom Public Ltd (LTS:0F4G) » Definitions » GF Value Rank

Logicom Public (LTS:0F4G) GF Value Rank : 5 (As of May. 28, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Logicom Public GF Value Rank?

Logicom Public has the GF Value Rank of 5.

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 Logicom Public's GF Value Rank

For the Electronics & Computer Distribution subindustry, Logicom Public'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.


Logicom Public's GF Value Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Logicom Public's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Logicom Public's GF Value Rank falls into.



Logicom Public GF Value Rank Related Terms

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


Logicom Public (LTS:0F4G) Business Description

Traded in Other Exchanges
Address
Stasinou 26, Ayia Paraskevi Strovolos, Nicosia, CYP, 2003
Logicom Public Ltd is engaged in the distribution of technology products and services. In addition, it is also involved in the provision of integrated information technology networking, telecom, and business software solutions, and the execution of infrastructure projects in the areas of water, power, and gas. The company operates through two segments namely the Distribution segment and the Services segment. The Distribution segment includes the distribution of its technology products in the European, United Arab Emirates, and Saudi Arabia markets. The Services segment operates in the provision of solutions and services for networks and telecommunications, and software to customers in Cyprus and abroad.

Logicom Public (LTS:0F4G) Headlines

No Headlines