Abiomed (Abiomed) GF Value Rank : 3 (As of Apr. 26, 2024)

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What is Abiomed GF Value Rank?

Abiomed 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 Abiomed's GF Value Rank

For the Medical Devices subindustry, Abiomed'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.

Abiomed's GF Value Rank Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Abiomed's GF Value Rank distribution charts can be found below:

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

Abiomed GF Value Rank Related Terms

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

Abiomed (Abiomed) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Abiomed Inc (NAS:ABMD) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Cherry Hill Drive, Danvers, MA, USA, 01923

Website

https://www.abiomed.com

Abiomed Inc provides temporary mechanical circulatory support devices that are primarily used by interventional cardiologists and heart surgeons. The firm's products are used for patients in need of hemodynamic support before, during, or after angioplasty and heart surgery procedures. Abiomed receives the majority of revenue from its Impella product portfolio, which includes percutaneous micro heart pumps with integration motors and sensors and percutaneous catheter-based axial flow pumps. Abiomed generates the majority of its revenue in the United States.

Executives

Matthew T. Plano	officer: VP, GLOBAL OPERATIONS	C/O ABIOMED, INC., 22 CHERRY HILL DRIVE, DANVERS MA 01923
Martin P Sutter	director	2170 BUCKTHORNE PLACE, SUITE 170, THE WOODLAND TX 77380
David M Weber	officer: Chief Operating Officer	2341 ROMANO CIRCLE, PLEASANTON CA 94566
Todd A Trapp	officer: Vice President, CFO	C/O WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
Michael R Minogue	director, officer: President & CEO	22 CHERRY HILL DR, C/O ABIOMED INC, DANVERS MA 01923
Paul Thomas	director	ONE MILLENNIUM WAY, BRANCHBURG NJ 08876
Paula A Johnson	director	22 CHERRY HILL DRIVE, DANVERS MA 01923
Myron L Rolle	director	1 NASHUA STREET, APARTMENT 1701, BOSTON MA 02114-1625
Dorothy E Puhy	director	DANA FARBER CANCER INSTITUTE, 44 BINNEY STREET, RM. D1632, BOSTON MA 02115
Andrew J Greenfield	officer: VP Healthcare Solutions	14 HILLSIDE DRIVE, GEORGETOWN MA 01833
Marc A Began	officer: VP & General Counsel	C/O ABIOMED, INC., 22 CHERRY HILL DRIVE, DANVERS MA 01923
Michael G Howley	officer: Vice President	22 CHERRY HILL DRIVE, DANVERS MA 01923
William J Bolt	officer: SVP, DA and QA	C/O ABIOMED INC, 22 CHERRY HILL DRIVE, DANVERS MA 01923
Rose Eric A Md	director	161 FORT WASHINGTON AVENUE, 7TH FLOOR, NEW YORK NY 10032
Henri A Termeer	director	ONE KENDALL SQUARE, CAMBRIDGE MA 02139