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Tanyuan Technology Co (SHSE:603133) GF Value Rank : 2 (As of May. 26, 2024)


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What is Tanyuan Technology Co GF Value Rank?

Tanyuan Technology Co has the GF Value Rank of 2.

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 Tanyuan Technology Co's GF Value Rank

For the Electronic Components subindustry, Tanyuan 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.


Tanyuan Technology Co's GF Value Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tanyuan Technology Co's GF Value Rank distribution charts can be found below:

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



Tanyuan Technology Co GF Value Rank Related Terms

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Tanyuan Technology Co (SHSE:603133) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Lanxiang Road, Wujin Economic Development Zone, Jiangsu Province, Changzhou, CHN, 213000
Tanyuan Technology Co Ltd is a Chinese company involved in the research and development and production of high-heat graphite film and other related products. It offers single layer high thermal conductivity graphite film, multi-layer high thermal conductivity graphite film, and composite high thermal conductivity graphite film.
Executives
Tian Xiao Lin Director
Xu Shi Zhong Directors, senior managers
Liu Ying Directors, senior managers
Yan Zhong Yuan Directors, senior managers
Deng Xiang Ling Director
Zhou Sheng Guo Director
Feng Ning Director
Yan Chang Jie Supervisors
Lin Guang Shi Supervisors

Tanyuan Technology Co (SHSE:603133) Headlines

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