Coxon Precise Industrial Co (TPE:3607) GF Value Rank : 5 (As of Jun. 18, 2024)

View and export this data going back to 2009. Start your Free Trial

What is Coxon Precise Industrial Co GF Value Rank?

Coxon Precise Industrial Co has the GF Value Rank of 5.

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 Coxon Precise Industrial Co's GF Value Rank

For the Packaging & Containers subindustry, Coxon Precise Industrial 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.

Coxon Precise Industrial Co's GF Value Rank Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Coxon Precise Industrial Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Coxon Precise Industrial Co's GF Value Rank falls into.

Coxon Precise Industrial Co GF Value Rank Related Terms

Thank you for viewing the detailed overview of Coxon Precise Industrial Co's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Coxon Precise Industrial Co (TPE:3607) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Coxon Precise Industrial Co Ltd (TPE:3607) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 48, Lane 1274, Zhongzheng Road, Zhongli District, Taoyuan City, TWN, 320

Website

http://www.coxongroup.com

Coxon Precise Industrial Co Ltd is engaged in the plastic molding and electronic industry. Its business scope includes manufacturing industrial plastic products, mold, cable and wireless communications equipment and apparatus, electronic components, optical instruments, electrical and electronic appliances, as well as motor vehicles and parts. The other activities are retail of electronic, automobile, and motorcycles parts; and international trade. The business is carried out in Asia, Europe, and America. Its plastic components are applied in the manufacture of mobile phone cases, notebook (NB) computers, digital cameras, game consoles, and headset shells. Its geographical segment comprises Taiwan and South China, South China, Shanghai, Changshu, and others.

Coxon Precise Industrial Co (TPE:3607) Headlines

No Headlines