McMillan Shakespeare (McMillan Shakespeare) GF Value Rank : 5 (As of Jun. 10, 2024)

View and export this data going back to 2012. Start your Free Trial

What is McMillan Shakespeare GF Value Rank?

McMillan Shakespeare 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 McMillan Shakespeare's GF Value Rank

For the Staffing & Employment Services subindustry, McMillan Shakespeare'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.

McMillan Shakespeare's GF Value Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, McMillan Shakespeare's GF Value Rank distribution charts can be found below:

* The bar in red indicates where McMillan Shakespeare's GF Value Rank falls into.

McMillan Shakespeare GF Value Rank Related Terms

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

McMillan Shakespeare (McMillan Shakespeare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » McMillan Shakespeare Ltd (OTCPK:MCSLF) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

MMS:Australia

Address

360 Elizabeth Street, Floor 21, Melbourne, VIC, AUS, 3000

Website

https://www.mmsg.com.au

McMillan Shakespeare Ltd is a provider of salary packaging, novated leasing, disability plan management and support coordination, asset management, and related financial products and services. It also cross-sells its salary packaging services to private entities via its asset management business in Australia and New Zealand, and it has acquired asset management businesses in the U.K. McMillan's asset management businesses provide motor vehicle leasing and fleet management services. The group has three operating segments: Group Remuneration Services, Asset Management Services, and Plan and Support Services. The prime revenue is generated from Asset Management segment.

McMillan Shakespeare (McMillan Shakespeare) Headlines

From GuruFocus

Half Year 2024 McMillan Shakespeare Ltd Earnings Presentation Transcript

By GuruFocus Research • 02-28-2024