GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Jieshun Science and Technology Industry Co Ltd (SZSE:002609) » Definitions » GF Value Rank

Shenzhen Jieshun Science and Technology Industry Co (SZSE:002609) GF Value Rank : 8 (As of May. 26, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Shenzhen Jieshun Science and Technology Industry Co GF Value Rank?

Shenzhen Jieshun Science and Technology Industry 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 Jieshun Science and Technology Industry Co's GF Value Rank

For the Scientific & Technical Instruments subindustry, Shenzhen Jieshun Science and Technology Industry 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 Jieshun Science and Technology Industry Co's GF Value Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Jieshun Science and Technology Industry Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Shenzhen Jieshun Science and Technology Industry Co's GF Value Rank falls into.



Shenzhen Jieshun Science and Technology Industry Co GF Value Rank Related Terms

Thank you for viewing the detailed overview of Shenzhen Jieshun Science and Technology Industry Co's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen Jieshun Science and Technology Industry Co (SZSE:002609) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Longwei Road, Meilin Street, Jieshun Technology, Futian District, Guangdong Province, Shenzhen, CHN, 518049
Shenzhen Jieshun Science and Technology Industry Co Ltd is a China-based access control and management company. It offers a full range of equipment and intelligent security system solutions. The company offers products in the categories of parking management system, parking guidance system, access control system, pedestrian gate, barrier gate, and road blocker. Its solutions portfolio includes all in one card solution, turnstile with ESD testing solution, biological recognition solution, and card retriever solution.
Executives
Wang Heng Bo Directors, executives
Zhao Yong Directors, executives
Tang Jian Director
Liu Cui Ying Directors, executives
An He Nan Independent director
Li Min Executives
Xu Zhao Lin Executives
He Jun Executives
Xiong Xiang Hua Executives
Xu Jian Sheng Supervisors
Huang Hua Yin Executives
Li Ran Executives
Zhou Yu Directors, executives
Ye Lei Executives
Chen Yi Lin Executives

Shenzhen Jieshun Science and Technology Industry Co (SZSE:002609) Headlines

No Headlines