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Global Tech Industries Group (Global Tech Industries Group) GF Value Rank : 0 (As of Apr. 29, 2024)


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What is Global Tech Industries Group GF Value Rank?

Global Tech Industries Group 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.


Global Tech Industries Group GF Value Rank Related Terms

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Global Tech Industries Group (Global Tech Industries Group) Business Description

Traded in Other Exchanges
N/A
Address
511 Sixth Avenue, Suite 800, New York, NY, USA, 10011
Global Tech Industries Group Inc currently has no operations. It is seeking opportunities to utilize its intellectual properties and relationships with valued business associates.
Executives
David I Reichman director, officer: CEO and President 511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011
Frank Benintendo director 11 SEAMAN COURT, OLD BRIDGE NJ 08857
Don Harold Gilbert director PO BOX 090122, STATEN ISLAND NY 10309
Kathy M Griffin director, officer: President 98 BLACK ROCK DRIVE, HINGHAM MA 02043
Global Tech Industries Group, Inc. director, 10 percent owner, officer: Chief Executive Officer 511 SIXTH AVENUE, SUITE 800, NEW YORK NY 10011
Tree Top Industries, Inc. Profit Sharing Plan Trust other: Employee Trust 40 CENTRAL PARK SOUTH, 8H, NEW YORK NY 10019
Robert Hantman director 511 SIXTH AVENUE, SUITE 800, NEW YORK NY 10011
Michael Valle director 511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011
L G Davis 10 percent owner 511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011
Justine Reichman 10 percent owner 511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011
Trisha Woods 10 percent owner, officer: President of Wholly-Owned Sub. 1041 N. FORMOSA AVE., WRITERS' BLDG 2 & 3, WEST HOLLYWOOD CA 90046
James Black 10 percent owner 1041 N. FORMOSA AVE., WRITERS' BLDG 2 & 3, WEST HOLLYWOOD CA 90046

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