GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hyprop Investments Ltd (STU:Q57) » Definitions » GF Value Rank

Hyprop Investments (STU:Q57) GF Value Rank : 10 (As of Jun. 23, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Hyprop Investments GF Value Rank?

Hyprop Investments has the GF Value Rank of 10.

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 Hyprop Investments's GF Value Rank

For the REIT - Retail subindustry, Hyprop Investments'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.


Hyprop Investments's GF Value Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hyprop Investments's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Hyprop Investments's GF Value Rank falls into.



Hyprop Investments GF Value Rank Related Terms

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


Hyprop Investments (STU:Q57) Business Description

Traded in Other Exchanges
Address
21 Cradock Avenue, 2nd Floor, Cradock Heights, Rosebank, Johannesburg, GT, ZAF, 2196
Hyprop Investments Ltd is a South Africa-based real estate investment trust that mainly invests in retail properties. The company's portfolio consists of shopping centers located in major metropolitan areas, mostly in South Africa, with the others in sub-Saharan Africa and Southeastern Europe. Hyprop Investments generates the majority of revenue from leasing properties to its tenants, which include supermarkets, entertainment venues, fashion and accessory stores, and general retailers. The company also owns a small proportion of office properties and development projects. Hyprop Investments' operating segments include shopping centres, value centres, stand-alone offices, and properties sold.

Hyprop Investments (STU:Q57) Headlines

No Headlines