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Supernova Partners Acquisition Co III (Supernova Partners Acquisition Co III) GF Value Rank : 0 (As of May. 04, 2024)


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What is Supernova Partners Acquisition Co III GF Value Rank?

Supernova Partners Acquisition Co III 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.


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Supernova Partners Acquisition Co III (Supernova Partners Acquisition Co III) Business Description

Traded in Other Exchanges
N/A
Address
4301 50th Street NW, Suite 300 PMB 1044, Washington, DC, USA, 20016
Website
Supernova Partners Acquisition Co III Ltd is a blank check company.
Executives
Robert Reid director, officer: Chief Executive Officer 345 PARK AVENUE, NEW YORK NY 10154
James Lanzone director 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Kenneth A Fox director
Spencer M Rascoff director 212 26TH STREET, UNIT 317, SANTA MONICA CA 90402
Jan Singer director 2 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10016
Alexander Klabin director C/O ANCIENT MANAGEMENT LP, 512 WEST 22ND STREET, NEW YORK NY 10011
Michael S. Clifton director, officer: Chief Financial Officer C/O SUPERNOVA PARTNERS ACQUISITION CO., 4520 DEXTER STREET, N.W., WASHINGTON DC 20007
Gregg Renfrew director C/O SUPERNOVA PARTNERS ACQUISITION CO., 4520 DEXTER STREET, N.W., WASHINGTON DC 20007
Supernova Partners Iii Llc 10 percent owner 4301 50TH STREET, N.W., SUITE 300, PMB 1044, WASHINGTON DC 20007
Rajeev Singh director 6222 185TH AVENUE NE, REDMOND WA 98052

Supernova Partners Acquisition Co III (Supernova Partners Acquisition Co III) Headlines