GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Altus Group Ltd (OTCPK:ASGTF) » Definitions » GF Value Rank

Altus Group (Altus Group) GF Value Rank : 7 (As of Apr. 28, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Altus Group GF Value Rank?

Altus Group has the GF Value Rank of 7.

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 Altus Group's GF Value Rank

For the Real Estate Services subindustry, Altus Group'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.


Altus Group's GF Value Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Altus Group's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Altus Group's GF Value Rank falls into.



Altus Group GF Value Rank Related Terms

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


Altus Group (Altus Group) Business Description

Traded in Other Exchanges
Address
33 Yonge Street, Suite 500, Toronto, ON, CAN, M5E 1G4
Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Property Tax, Analytics; and under CRE Consulting services, and Appraisals and Development Advisory. It generates maximum revenue from the Analytics; and under CRE Consulting services segment. A part of its revenue is also derived from the United States, Europe, and the Asia Pacific.

Altus Group (Altus Group) Headlines

From GuruFocus

Altus Establishes Automatic Share Purchase Plan

By GlobeNewswire GlobeNewswire 06-29-2022

Altus Group Announces Second Quarter 2020 Dividend

By GlobeNewswire GlobeNewswire 06-18-2020

Altus Group Announces Disposition of Real Matters Shares

By GlobeNewswire GlobeNewswire 09-20-2018

Altus Group Announces Second Quarter 2023 Dividend

By GlobeNewswire GlobeNewswire 06-19-2023

Altus Group Announces Management Update

By GlobeNewswire GlobeNewswire 01-08-2020

Altus Group to Hold an Investor Update Conference Call on June 26, 2019

By GlobeNewswire GlobeNewswire 06-21-2019

Altus Group CEO Jim Hannon Added to Power Proptech List

By GlobeNewswire GlobeNewswire 10-26-2022

Altus Group Announces C$150 Million Bought Deal Financing

By GlobeNewswire GlobeNewswire 09-14-2021

Altus Group Announces CEO Transition

By GlobeNewswire GlobeNewswire 09-15-2020