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SportsTek Acquisition (SportsTek Acquisition) GF Value Rank : 0 (As of Jun. 05, 2024)


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What is SportsTek Acquisition GF Value Rank?

SportsTek Acquisition 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.

SportsTek Acquisition GF Value Rank Related Terms

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SportsTek Acquisition (SportsTek Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SportsTek Acquisition Corp (NAS:SPTKU) » Definitions » GF Value Rank
Comparable Companies
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Traded in Other Exchanges
N/A
Address
2200 S. Utica Place, Suite 450, Tulsa, OK, USA, 74114
Website
SportsTek Acquisition Corp is a blank check company.
Executives
Timothy W Clark director, officer: CFO, COO C/O SPORTSTEK ACQUISITION CORP., 2200 S. UTICA PLACE, SUITE 450, TULSA OK 74114
Jeffrey Luhnow director, officer: Co-CEO C/O SPORTSTEK ACQUISITION CORP., 2200 S. UTICA PLACE, SUITE 450, TULSA OK 74114
Jtjt Partners Llc 10 percent owner 2200 S UTICA PLACE, SUITE 450, TULSA OK 74114
Carl Tavo Hellmund director, officer: Co-CEO C/O SPORTSTEK ACQUISITION CORP., 2200 S. UTICA PLACE, SUITE 450, TULSA OK 74114
Sashi Brown director C/O SPORTSTEK ACQUISITION CORP., 2200 S UTICA PLACE, SUITE 450, TULSA OK 74114
Sebastian Park director C/O SPORTSTEK ACQUISITION CORP., 2200 S UTICA PLACE, SUITE 450, TULSA OK 74114
Endre Holen director 2200 S UTICA PLACE SUITE 450, TULSA OK 74114
Joyce Johnson director 8251 S LUELLA AVENUE, CHICAGO IL 60617