Nabors Energy Transition (Nabors Energy Transition) GF Value Rank : 0 (As of May. 01, 2024)

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What is Nabors Energy Transition GF Value Rank?

Nabors Energy Transition 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.

Nabors Energy Transition GF Value Rank Related Terms

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Nabors Energy Transition (Nabors Energy Transition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Nabors Energy Transition Corp (NYSE:NETC) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

515 West Greens Road, Suite 1200, Houston, TX, USA, 77067

Website

https://www.nabors-etcorp.com

Nabors Energy Transition Corp is a blank check company.

Executives

John Yearwood	director	HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL
Maria S. Dreyfus	director	125 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019
Anthony G Petrello	director, 10 percent owner, officer: President, CEO and Secretary	NABORS CORP SERVICES, 515 W GREENS RD SUITE 1200`, HOUSTON TX 77067
William J Restrepo	officer: Chief Financial Officer	P.O. BOX 60068, HOUSTON TX 77205-0068
Guillermo Sierra	officer: VP, Energy Transition	C/O USD PARTNERS LP, 811 MAIN STREET, SUITE 2800, HOUSTON TX 77002
Jennifer Gill Roberts	director	C/O SEVIN ROSEN FUNDS, 13455 NOEL ROAD, SUITE 1670, DALLAS TX 75240
Calhoun Colleen	director	515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Siggi Meissner	officer: President, Eng. & Tech.	515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Nabors Energy Transition Sponsor Llc	10 percent owner	515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Greens Road Energy Llc	10 percent owner	515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Nabors Lux 2 S.a.r.l.	10 percent owner	8-10 AVENUE DE LA GARE, LUXEMBOURG CITY N4 L-1610