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Jiangmen Kanhoo Industry Co (SZSE:300340) GF Value Rank : 3 (As of Dec. 14, 2024)


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What is Jiangmen Kanhoo Industry Co GF Value Rank?

Jiangmen Kanhoo Industry Co has the GF Value Rank of 3.

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 Jiangmen Kanhoo Industry Co's GF Value Rank

For the Specialty Chemicals subindustry, Jiangmen Kanhoo 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.


Jiangmen Kanhoo Industry Co's GF Value Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangmen Kanhoo Industry Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Jiangmen Kanhoo Industry Co's GF Value Rank falls into.



Jiangmen Kanhoo Industry Co GF Value Rank Related Terms

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Jiangmen Kanhoo Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No.22, South Jiaotou Jiaoxing, Jianghai District, Jiangmen, CHN, 529040
Jiangmen Kanhoo Industry Co Ltd is engaged in the manufacturing and distribution of rare earth luminescent materials. It offers lithium cathode materials, color phosphor products, LED phosphor products, catalytic materials, and agricultural conversion films.
Executives
Fan Jiang Directors, executives
Xu Yu Xiang Directors, Directors, and Executives
Tang Xiu Lei Secretary, Director
Wu Juan Director
Wan Guo Jiang Directors, executives
Cheng Jian Jun Director
Yang Chi Bing Securities Affairs Representative
Wu Jian Hua Executives
Li Zi Ming Supervisors
Tang Wei Directors, executives
Ye Wei Qing Securities Affairs Representative
Zhu Yong Kang Director
Hu Xue Fang Director
Feng Bao Ai Director
Chen Bo Director

Jiangmen Kanhoo Industry Co Headlines

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