GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Advanex Inc (TSE:5998) » Definitions » Growth Rank

Advanex (TSE:5998) Growth Rank : 8 (As of May. 13, 2024)


View and export this data going back to 1964. Start your Free Trial

What is Advanex Growth Rank?

Advanex has the Growth Rank of 8.

GuruFocus Growth Rank measures the growth of a company in terms of its revenue and profitability. Historically, the companies with the highest growth ranks performed the best over the long term. It is calculated using the following criteria:

1. 5-year revenue growth rate, the higher, the better.
2. 3-year revenue growth rate, the higher, the better.
3. 5-year EBITDA growth rate, the higher, the better.
4. The predictability of 5-year revenue. The most consistent it is, the higher the rank.

GuruFocus found that the Growth Rank is the second of the two most-sensitive parameters among the five parameters checked. Please click GF Score to see more details on GF Score's 5 Key Aspects of Analysis.

Please note that we are using the five-year EBITDA growth rate as a parameter, so the company needs to have had positive growth over that time. The reason we use EBITDA instead of earnings per share is that with EBITDA, we can rank a lot more companies since a company may have positive EBITDA but negative EPS. Since we are looking at the growth here, EBITDA gives us a pretty clear picture about the growth in the company's business operations.


Competitive Comparison of Advanex's Growth Rank

For the Tools & Accessories subindustry, Advanex's Growth Rank, along with its competitors' market caps and Growth 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.


Advanex's Growth Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advanex's Growth Rank distribution charts can be found below:

* The bar in red indicates where Advanex's Growth Rank falls into.



Advanex Growth Rank Related Terms

Thank you for viewing the detailed overview of Advanex's Growth Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Advanex (TSE:5998) Business Description

Traded in Other Exchanges
N/A
Address
Asuka Tower Bldg. 6-1-1 Tabata, Kita-ku, Tokyo, JPN, 114-8581
Advanex Inc is a Japan-based wire springs company. It is mainly engaged in the manufacturing and sales of precision springs. Products offered by the company include wire spring, flat spring, deep drawing, insert molding, damper, tangles insert, among others. Its products are used in automobiles, aircraft, medical field, mobile phones, home appliances, and other industrial equipment.

Advanex (TSE:5998) Headlines

No Headlines