Hangzhou Star Shuaier Electric Appliance Co (SZSE:002860) GF Value Rank : 2 (As of Jun. 24, 2024)

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What is Hangzhou Star Shuaier Electric Appliance Co GF Value Rank?

Hangzhou Star Shuaier Electric Appliance Co has the GF Value Rank of 2.

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 Hangzhou Star Shuaier Electric Appliance Co's GF Value Rank

For the Electrical Equipment & Parts subindustry, Hangzhou Star Shuaier Electric Appliance 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.

Hangzhou Star Shuaier Electric Appliance Co's GF Value Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Star Shuaier Electric Appliance Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Hangzhou Star Shuaier Electric Appliance Co's GF Value Rank falls into.

Hangzhou Star Shuaier Electric Appliance Co GF Value Rank Related Terms

Thank you for viewing the detailed overview of Hangzhou Star Shuaier Electric Appliance Co's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Hangzhou Star Shuaier Electric Appliance Co (SZSE:002860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Star Shuaier Electric Appliance Co Ltd (SZSE:002860) » Definitions » GF Value Rank

Traded in Other Exchanges

N/A

Address

No.99 Jiao Jie Ling.Shou Xiang Town, Fuyang, Zhejiang, Hangzhou, CHN, 311422

Website

http://www.hzstarshuaier.com

Hangzhou Star Shuaier Electric Appliance Co Ltd is a Chinese company engaged in manufacturing electrical machinery and equipment. Its product portfolio includes overload protectors for the compressor of refrigerators and air conditioners, starters, combined starter and overload protector, and starting relay. The company products are offered throughout the world.

Executives

Xia Qi Kui	Supervisors
Lou Yue Gen	Director
Ge Yan	Executives
Sun Jian	Executives
Zhang Yong	Executives
Tang Cheng	Executives
Gao Lin Feng	Executives
Sun Hua Min	Director
Lu Qun Feng	Secretary Dong
Lu Wen Cheng	Directors, executives
Sun Hai	Executives
Lou Yong Wei	Directors, executives
Xu Li Qun	Supervisors
Niu Jian Hua	Supervisors

Hangzhou Star Shuaier Electric Appliance Co (SZSE:002860) Headlines

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