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NextPlay Technologies (NextPlay Technologies) GF Value Rank : 0 (As of May. 29, 2024)


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What is NextPlay Technologies GF Value Rank?

NextPlay 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.


NextPlay Technologies GF Value Rank Related Terms

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NextPlay Technologies (NextPlay Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1560 Sawgrass Corporate Parkway, Suite 130, Sunrise, FL, USA, 33323
NextPlay Technologies Inc is building a technology solutions company, offering games, in-game advertising, digital asset products and services, connected TV and travel booking services to consumers and corporations within a growing digital ecosystem. Its engaging products and services utilize advertising technology, Artificial Intelligence, and financial technology (FinTech) solutions to leverage the strengths and channels of its existing and acquired technologies. NextPlay is organized into 3 divisions NextMedia, its Interactive Digital Media Division (the Media Division); NextFinTech, its Finance and Technology (FinTech) Division; and NextTrip, its Travel Division.
Executives
Timothy James Sikora officer: Chief Information Officer 133 N POMPANO BEACH BLVD, #1401, POMPANO BEACH FL 33062
Nutthaphol Rungsakhon officer: Interim CFO 1560 SAWGRASS CORPORATE PARKWAY, 4TH FLOOR, SUNRISE FL 33323
Red Anchor Trading Corp. 10 percent owner MORGAN & MORGAN BUILDING, PASEA ESTATE, PO BOX 958, ROAD TOWN, TORTOLA D8 00000
Nextplay Holdings Llc other: Group 1013 CENTRE STREET, SUITE 403-B 87-1942169, WILMINGTON DE 19805
Nithinan Boonyawattanapisut director, 10 percent owner, officer: Co-CEO 999/194 MOOBAAN KESINEE VILLE, PRACHA UTIT ROAD, BANGKOK W1 10310
John Todd Bonner director 999/194 MOOBAAN KESINEE VILLE, PRACHA UTIT ROAD, BANGKOK W1 10310
Found Side Ltd other: Group PGCS LTD., 2ND FLOOR, THE QUADRANT, MANGLIER STREET, VICTORIA, MAHE T2 00000
Cern One Ltd other: Group MORGAN & MORGAN BUILDING, PASEA ESTATE, PO BOX 958, ROAD TOWN, TORTOLA D8 00000
Gardner Edward Terrence Jr. director 1560 SAWGRASS CORPORATE PARKWAY, SUITE 130, SUNRISE FL 33323
Farooq Moosa director 1560 SAWGRASS CORPORATE PARKWAY, SUITE 130, SUNRISE FL 33323
Yoshihiro Obata director 4-9-34-303 MINAMIAZABU, MINATO-KU, TOKYOI M0 106-0047
Carmen L Diges director 150 KING ST. WEST, SUITE 2800, TORONTO A6 M5H 1J9
Thanin Pornsiritivet other: Part of 10% owner group 5/150 WATCHARAPHON ROAD, THA RENG SUBDISTRICT, BANG KHEN DISTRICT, BANGKOK W1 10220
Andrew James Greaves officer: Chief Operating Officer HALLFARM, WINGERWORTH, CHESTERFIELD X0 S42 6PL
Stacey Donna Riddell director 3210 S OCEAN BLVD., APT 602, HIGHLAND BEACH FL 33487

NextPlay Technologies (NextPlay Technologies) Headlines

From GuruFocus

NextPlay Technologies Completes Separation of NextTrip Group, LLC

By Stock market mentor Stock market mentor 01-31-2023