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Emirates NBD PJSC (DFM:EMIRATESNBD) GF Value Rank : 10 (As of May. 14, 2024)


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What is Emirates NBD PJSC GF Value Rank?

Emirates NBD PJSC has the GF Value Rank of 10.

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 Emirates NBD PJSC's GF Value Rank

For the Banks - Regional subindustry, Emirates NBD PJSC'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.


Emirates NBD PJSC's GF Value Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Emirates NBD PJSC's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Emirates NBD PJSC's GF Value Rank falls into.



Emirates NBD PJSC GF Value Rank Related Terms

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


Emirates NBD PJSC (DFM:EMIRATESNBD) Business Description

Traded in Other Exchanges
N/A
Address
Baniyas Road, Deira, P.O. Box 777, Dubai, ARE
Emirates NBD PJSC provides banking services. The company's operating segment includes Corporate and Institutional Banking; Retail Banking and Wealth Management; Global Markets and Treasury activities; Islamic banking activities; DenizBank and others. It generates maximum revenue from Retail Banking and Wealth Management segment. The Retail Banking and Wealth Management segment represents retail loans and deposits, private banking and wealth management, equity broking services, asset management, and consumer financing primarily in the UAE and Egypt.

Emirates NBD PJSC (DFM:EMIRATESNBD) Headlines

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