Yan Tat Group Holdings (HKSE:01480) GF Value Rank : 3 (As of May. 13, 2024)

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What is Yan Tat Group Holdings GF Value Rank?

Yan Tat Group Holdings has the GF Value Rank of 3.

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 Yan Tat Group Holdings's GF Value Rank

For the Electronic Components subindustry, Yan Tat Group Holdings'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.

Yan Tat Group Holdings's GF Value Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Yan Tat Group Holdings's GF Value Rank distribution charts can be found below:

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

Yan Tat Group Holdings GF Value Rank Related Terms

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Yan Tat Group Holdings (HKSE:01480) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Yan Tat Group Holdings Ltd (HKSE:01480) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Yantat Road (West Gate), 81 Lijing South Road (East Main Gate), Pingshan New District, Shenzhen, CHN

Website

https://www.yantat.com

Yan Tat Group Holdings Ltd is engaged in the manufacture and sale of printed circuit boards (PCB). The company's conventional and special material PCBs comprise three product categories, Single-sided, Double-sided, and Multi-layered. Its products are principally used in sectors such as communication, automobile, industrial automation, consumer electronics, and medicine. In addition, it is also involved in the property holding business. The company has a business presence in Mainland China, Europe, Hong Kong, North America, Asia, Africa, Oceania, and South America, of which key revenue is generated from Mainland China.

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