Next Fuel (Next Fuel) GF Value Rank : 0 (As of May. 07, 2024)

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What is Next Fuel GF Value Rank?

Next Fuel 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.

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Next Fuel (Next Fuel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Next Fuel Inc (GREY:NXFI) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

821 Frank Street, Sheridan, WY, USA, 82801

Website

http://www.next-fuel.com

Next Fuel Inc is a United States-based technology provider and service company. It assists owners of oil and natural gas production resources to increase the efficiency of their operations by providing technology and technical support services. The firm is focused on treating produced water and frac flow-backwaters in the oil and gas industry and thus is engaged in marketing and implementation of the Integra Disc Filter system. The Integra Disc Filtration System is a water treatment technology that is designed to remove concentrations of suspended solids from the industrial water streams. The company's target markets include power plants, tomato packing plants, PVC pipe manufacturers, oil and gas companies, computer chip manufacturers, and breweries.

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