Nolato AB (Nolato AB) GF Value Rank : 9 (As of May. 16, 2024)

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What is Nolato AB GF Value Rank?

Nolato AB has the GF Value Rank of 9.

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 Nolato AB's GF Value Rank

For the Conglomerates subindustry, Nolato AB'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.

Nolato AB's GF Value Rank Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nolato AB's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Nolato AB's GF Value Rank falls into.

Nolato AB GF Value Rank Related Terms

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Nolato AB (Nolato AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Nolato AB (OTCPK:NLTBF) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

NOLA B:Sweden

Address

Nolatovagen 32, Torekov, SWE, SE-269 78

Website

https://www.nolato.com

Nolato AB is a Swedish company that develops and manufactures plastic, silicone, and thermoplastic elastomer products. The firm's operations are organized into three segments based on end market: Medical, which develops complex product systems, components, and packaging solutions for pharmaceuticals and supplements; Integrated, which develops subsystems for mobile phones; and Industrial, which develops systems for the automotive, hygiene, packaging, and furniture industries. Roughly a third of the firm's revenue is generated in the Rest of Europe.

Nolato AB (Nolato AB) Headlines

From GuruFocus

Nolato Q1 2019: Continued Strong Performance From Medical Solutions

By PRNewswire PRNewswire • 05-08-2019

Nolato Q1 2020: Strong Sales Growth for the Group

By PRNewswire PRNewswire • 05-04-2020

Nolato Q4 2019: Good Performance by all Business Areas

By PRNewswire PRNewswire • 02-10-2020

Nolato Q2 2019: Normalised Inventory Situation at Integrated Solutions

By PRNewswire PRNewswire • 07-18-2019

Nolato Q3 2020: Good performance and growth by all business areas

By PRNewswire PRNewswire • 10-23-2020

Nolato acquires US-based medtech manufacturer with annual sales of approximately SEK 1.8 billion

By PRNewswire PRNewswire • 08-06-2020

First quarter of 2021: All business areas achieve sales and profit growth

By PRNewswire PRNewswire • 05-04-2021

Nolato: Invitation to Webcast Conference Call on 8 May

By PRNewswire PRNewswire • 05-02-2019