Avantax (Avantax) GF Value Rank : 7 (As of Apr. 27, 2024)

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What is Avantax GF Value Rank?

Avantax 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 Avantax's GF Value Rank

For the Asset Management subindustry, Avantax'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.

Avantax's GF Value Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Avantax's GF Value Rank distribution charts can be found below:

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

Avantax GF Value Rank Related Terms

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

Avantax (Avantax) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Avantax Inc (NAS:AVTA) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

3200 Olympus Boulevard, Suite 100, Dallas, TX, USA, 75019

Website

https://www.avantax.com

Avantax Inc is a provider of integrated tax-focused wealth management services and software, assisting consumers, small business owners, tax professionals, financial professionals, and certified public accounting firms. The firm has two distinct models in business: the independent Financial Professional model and the employee-based model. It refers to the independent Financial Professional model as Avantax Wealth Management offering services through its registered broker-dealer, registered investment advisor (RIA), and insurance agency subsidiaries. The employee-based model refers to Avantax Planning Partners offering services through its RIA and insurance agency by partnering with CPA firms to provide their consumer and small-business clients with financial planning and advisory services.

Executives

Stacy Murray	officer: Principal Accounting Officer	C/O FOGO DE CHAO, INC., 14881 QUORUM DR, SUITE 750, DALLAS TX 75254
Tabitha Bailey	officer: Chief Legal Officer & Corp Sec	16803 DALLAS PARKWAY, ADDISON TX 75001
Kanayalal Amritlal Kotecha	director	3200 OLYMPUS BLVD, SUITE 100, DALLAS TX 75019
Leaman J Richard Iii	director	C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Mark A Ernst	director	255 FISERV DRIVE, BROOKFIELD WI 53045
Georganne Proctor	director	1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
Marc Mehlman	officer: Chief Financial Officer	6333 NORTH STATE HIGHWAY 161, 4TH FLOOR, C/O BLUCORA, INC., IRVING TX 75038
Christopher William Walters	director	10900 NE 8TH STREET, SUITE 800, BELLEVUE WA 98004
Tina Perry	director	3200 OLYMPUS BLVD, SUITE 100, DALLAS TX 75019
Karthik Rao	director	3200 OLYMPUS BLVD, SUITE 100, DALLAS TX 75019
Carol Hayles	director	C/O CIT GROUP, 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Steven Aldrich	director	C/O GODADDY INC., 14455 N. HAYDEN RD. #219, SCOTTSDALE AZ 85260
John Macilwaine	director	71 STEVENSON STREET, #300, SAN FRANCISCO CA 94105
Mimi Carsley	officer: Interim CFO	6333 N. STATE HWY 161, 6TH FLOOR, IRVING TX 75038
Jana R Schreuder	director	50 S LA SALLE ST, CHICAGO IL 60675