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NeoMedia Technologies (NeoMedia Technologies) GF Value Rank : 0 (As of Jun. 24, 2024)


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What is NeoMedia Technologies GF Value Rank?

NeoMedia Technologies 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.


NeoMedia Technologies GF Value Rank Related Terms

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NeoMedia Technologies (NeoMedia Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1515 Walnut Street, Suite 100, Boulder, CO, USA, 80302
NeoMedia Technologies Inc is a U.S based company engaged in the development of two dimensional (2D) mobile barcode technology and services solutions that enable the mobile barcode ecosystem around the world. With the company's technology, mobile devices with cameras become barcode scanners, enabling a range of practical applications, including mobile marketing and mobile commerce.
Executives
Jeff J Huitt officer: Chief Financial Officer 10651 WEST 34TH PLACE, WHEAT RIDGE CO 80033
Patrick Soon-shiong 10 percent owner 9922 JEFFERSON BOULEVARD, CULVER CITY CA 90232
J Michael Cline 10 percent owner 51 MADISON AVENUE, 31ST FL, NEW YORK NY 10010
Sarah Ann Fay director 5 GORHAN AVENUE, BROOKLINE MA 02445
Cornell Capital Partners Lp 10 percent owner 101 HUDSON STREET, SUITE 3606, JERSEY CITY NJ 07302
Marc Angelo 10 percent owner 101 HUDSON STREET, JERSEY CITY NJ 07302
Yorkville Advisors Llc 10 percent owner 101 HUDSON STREET, JERSEY CITY NJ 07302

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