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Shenzhen Kingkey Smart Agriculture Times Co (SZSE:000048) GF Value Rank : 8 (As of May. 03, 2024)


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What is Shenzhen Kingkey Smart Agriculture Times Co GF Value Rank?

Shenzhen Kingkey Smart Agriculture Times Co has the GF Value Rank of 8.

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 Shenzhen Kingkey Smart Agriculture Times Co's GF Value Rank

For the Farm Products subindustry, Shenzhen Kingkey Smart Agriculture Times 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.


Shenzhen Kingkey Smart Agriculture Times Co's GF Value Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shenzhen Kingkey Smart Agriculture Times Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Shenzhen Kingkey Smart Agriculture Times Co's GF Value Rank falls into.



Shenzhen Kingkey Smart Agriculture Times Co GF Value Rank Related Terms

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Shenzhen Kingkey Smart Agriculture Times Co (SZSE:000048) Business Description

Traded in Other Exchanges
N/A
Address
No. 5016, Shennan East Road, 71F, Block A, Jingji 100, Luohu District, Guangdong, Shenzhen, CHN, 518001
Shenzhen Kingkey Smart Agriculture Times Co Ltd operates in agricultural and sideline food processing industry. The businesses include breeding pigs, pig breeding and sales, breeding and broiler breeding and sales, pork, eggs, other agricultural product sales. Further the group is also involved in various other activities such as transportation, water supply, real estate development, property management, and financial investment.

Shenzhen Kingkey Smart Agriculture Times Co (SZSE:000048) Headlines

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