China Fineblanking Technology Co (ROCO:1586) GF Value Rank : 4 (As of Jun. 23, 2024)

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What is China Fineblanking Technology Co GF Value Rank?

China Fineblanking Technology Co has the GF Value Rank of 4.

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 China Fineblanking Technology Co's GF Value Rank

For the Metal Fabrication subindustry, China Fineblanking Technology Co'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.

China Fineblanking Technology Co's GF Value Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Fineblanking Technology Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where China Fineblanking Technology Co's GF Value Rank falls into.

China Fineblanking Technology Co GF Value Rank Related Terms

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China Fineblanking Technology Co (ROCO:1586) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Fineblanking Technology Co Ltd (ROCO:1586) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.40, Xinggong Road, Shengang Township, Changhua County, Chang Hua, TWN, 51648

Website

https://www.cftc-hc.com.tw

China Fineblanking Technology Co Ltd is engaged in the processing and manufacturing of various types of electronic and automotive parts. It is also engaged in on-electrolytic nickel plating surface treatment, double grinding, heat treatment, CNC machining, and gear machining. The Group has three reportable segments: HDD parts, Vehicle parts, and, Management and operation. The key revenue generator is the Vehicle Parts segment. It produces and sells vehicle parts.

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