Menang (M) Bhd (XKLS:1694) GF Value Rank : 0 (As of Dec. 12, 2024)

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What is Menang (M) Bhd GF Value Rank?

Menang (M) Bhd has the GF Value Rank of 0.

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.

Menang (M) Bhd GF Value Rank Related Terms

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Menang (M) Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Menang Corp (M) Bhd (XKLS:1694) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Kuchai Maju 5, Wisma OZ, No. 11-1, Jalan Kuchai Lama, Kuchai Entrepreneurs Park, Wilayah Persekutuan, Kuala Lumpur, MYS, 58200

Website

https://www.menangcorporation.com

Menang Corp (M) Bhd is a property development and management company. The company has three reportable segments; the Property Development segment, which is engaged in the development of residential and commercial properties; the Investment Holding segment is involved in investment holding and provision of management services; and the Concession Arrangements segment is involved in the construction and maintenance of facilities and infrastructure. The company generates maximum revenue from the Concession Arrangements segment. Its activities are conducted principally in Malaysia.

Menang (M) Bhd Headlines

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