Nordic Waterproofing Holding AB (OSTO:NWG) GF Value Rank : 6 (As of Jun. 18, 2024)

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What is Nordic Waterproofing Holding AB GF Value Rank?

Nordic Waterproofing Holding AB has the GF Value Rank of 6.

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 Nordic Waterproofing Holding AB's GF Value Rank

For the Building Products & Equipment subindustry, Nordic Waterproofing Holding 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.

Nordic Waterproofing Holding AB's GF Value Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nordic Waterproofing Holding AB's GF Value Rank distribution charts can be found below:

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

Nordic Waterproofing Holding AB GF Value Rank Related Terms

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Nordic Waterproofing Holding AB (OSTO:NWG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nordic Waterproofing Holding AB (OSTO:NWG) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

9ZQ:Germany

Address

Ronnowsgatan 12, Helsingborg, SWE, SE-252 25

Website

https://www.nordicwaterproofing.com

Nordic Waterproofing Holding AB is a producer and supplier of waterproofing products and services for buildings and infrastructure. The company operates in two segments: Products & Solutions, and Installation Services. It offers roofing products, building products, EPDM products (ethylene, propylene, diene, monomer) and various installation services. The company is well known in the market through brands such as AL-Katot, Hetag Tagmaterialer, Kerabit, KerabitPro, Mataki, Nortett, Phonix Tag Materialer, SealEco, and Trebolit. Geographically, it operates in Sweden, Noway, Denmark, Finland, Europe, and the Rest of the World. The majority of the company's revenue gets derived from the Products & Solutions segment.