Hytera Communications (SZSE:002583) GF Value Rank : 8 (As of May. 27, 2024)

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What is Hytera Communications GF Value Rank?

Hytera Communications 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 Hytera Communications's GF Value Rank

For the Communication Equipment subindustry, Hytera Communications'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.

Hytera Communications's GF Value Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hytera Communications's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Hytera Communications's GF Value Rank falls into.

Hytera Communications GF Value Rank Related Terms

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Hytera Communications (SZSE:002583) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hytera Communications Corp Ltd (SZSE:002583) » Definitions » GF Value Rank

Traded in Other Exchanges

N/A

Address

North Ring Road, No. 9108 Hytera Building, Shenzhen Hi-Tech Industrial Park North, Nanshan District, Guangdong, Shenzhen, CHN, 518057

Website

http://www.hytera.com

Hytera Communications Corp Ltd designs & manufactures professional wireless communications equipment, offering customized communication solutions to government, utility, enterprises & businesses to help achieve higher organizational efficiency.

Executives

Jiang Ye Lin	Directors, executives
Zhu De You	Supervisors
Peng Jian Feng	Director
Chen Qing Zhou	Director
Wu Mei	Directors, executives
Tian Zhi Yong	Securities Affairs Representative
Deng Feng	Supervisors
Zhang Ju	Directors, Directors, and Executives
Li Shao Qian	Independent director
Zhang Yu Cheng	Supervisors
Tan Xue Zhi	Director
Ceng Hua	Directors, executives
Wang Zhuo	Supervisors
Fu Dong Hui	Supervisors
Zhang Yong	Securities Affairs Representative

Hytera Communications (SZSE:002583) Headlines

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