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Micropac Industries (Micropac Industries) GF Value Rank : 7 (As of May. 01, 2024)


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What is Micropac Industries GF Value Rank?

Micropac Industries has the GF Value Rank of 7.

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 Micropac Industries's GF Value Rank

For the Electronic Components subindustry, Micropac Industries'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.


Micropac Industries's GF Value Rank Distribution in the Hardware Industry

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

* The bar in red indicates where Micropac Industries's GF Value Rank falls into.



Micropac Industries GF Value Rank Related Terms

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


Micropac Industries (Micropac Industries) Business Description

Traded in Other Exchanges
N/A
Address
905 East Walnut Street, Garland, TX, USA, 75040
Micropac Industries Inc manufactures and distributes a range of hybrid microelectronic circuits, solid-state relays (SSRs), power controllers, and optoelectronic components and assemblies. Its products are used as components in a range of military, space, and industrial systems, including aircraft instrumentation and navigation systems, power supplies, electronic controls, computers, medical devices, and high-temperature products. The company's core technology is the packaging and interconnecting of multi-chip microelectronics modules. Other technologies include light-emitting, and light-sensitive materials and products, including light-emitting diodes (LEDs) and silicon phototransistors used in the company's optoelectronic components and assemblies.
Executives
Mark W King director, officer: Chief Executive Officer 2905 WYNDHAM LANE, RICHARDSON TX 75082
Richard K Hoesterey director 7852 LA COSA DRIVE, DALLAS TX 75248
Eugene A. Robinson director 1200 LAKE POINT CIRCLE, MCKINNEY TX 75070
Heinz-werner Hempel director, 10 percent owner AM WALL 127 D-281951, BREMEN 2M 00000
Micropac Industries, Inc. 10 percent owner AM WALL 127 D-281951 1, BREMEN 2M 00000
Patrick Cefalu officer: CFO 8706 ARBORSIDE, ROWLETT TX 75089
Wood Connie J. director 877 FM 2948, COMO TX 75431
H. Kent Hearn director 1409 BRIAR HOLLOW, GARLAND TX 75043

Micropac Industries (Micropac Industries) Headlines

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