GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Huangma Technology Co Ltd (SHSE:603181) » Definitions » GF Value Rank

Zhejiang Huangma Technology Co (SHSE:603181) GF Value Rank : 9 (As of May. 25, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Zhejiang Huangma Technology Co GF Value Rank?

Zhejiang Huangma Technology Co has the GF Value Rank of 9.

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 Zhejiang Huangma Technology Co's GF Value Rank

For the Specialty Chemicals subindustry, Zhejiang Huangma 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.


Zhejiang Huangma Technology Co's GF Value Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Huangma Technology Co's GF Value Rank distribution charts can be found below:

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



Zhejiang Huangma Technology Co GF Value Rank Related Terms

Thank you for viewing the detailed overview of Zhejiang Huangma Technology Co's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Huangma Technology Co (SHSE:603181) Business Description

Traded in Other Exchanges
N/A
Address
Zhangzhen Industrial New District, Shangyu District, Zhejiang Province, Shaoxing, CHN, 312363
Zhejiang Huangma Technology Co Ltd is focused on the development, production and sales of speciality surfactants. Its product offering includes more than 1,200 products in the chemical fibre Oil olate, printing and textile auxiliaries plate, lubricant and metalworking fluids plate, water reducing agent plate, coating plate, silicones surfactant plate, pesticide auxiliary plate, water treatment plate, personal care plate and other surfactant plates. The products are widely applied to silicone, lubricants and metal processing, environmentally friendly coatings, composite new materials, special fibres, agrochemical additives and other downstream areas.
Executives
Wang Xin Rong Directors, senior managers
Ma Xia Kun Directors, senior managers

Zhejiang Huangma Technology Co (SHSE:603181) Headlines

No Headlines