ChampionX (ChampionX) GF Value Rank : 5 (As of Apr. 25, 2024)

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What is ChampionX GF Value Rank?

ChampionX has the GF Value Rank of 5.

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 ChampionX's GF Value Rank

For the Oil & Gas Equipment & Services subindustry, ChampionX'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.

ChampionX's GF Value Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ChampionX's GF Value Rank distribution charts can be found below:

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

ChampionX GF Value Rank Related Terms

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

ChampionX (ChampionX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ChampionX Corp (NAS:CHX) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

X9P:Germany

Address

2445 Technology Forest Boulevard, Building 4, 12th Floor, The Woodlands, TX, USA, 77381

Website

https://www.championx.com

ChampionX provides chemical solutions and equipment for onshore and offshore oil and gas production. Its engineering expertise spans the well life cycle, but the firm maintains a particular focus on the production phase. Key offerings include artificial lift services and drilling technologies, specializing in polycrystalline diamond cutter inserts. ChampionX was formed after Apergy acquired its chemical technologies business from Ecolab in 2020.

Executives

Deric D. Bryant	officer: See remarks	1 ECOLAB PLACE, ST. PAUL MN 55102
Sivasankaran Somasundaram	director, officer: President & CEO	C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
William Jr. O'dell	officer: See remarks	2445 TECHNOLOGY FOREST BOULEVARD, BUILDING 4, 12TH FLOOR, THE WOODLANDS TX 77381
Elaine M Pickle	director	ONE ENERGY PLAZA, DETROIT MI 48226
Fierro A Carlos	director	910 LOUISIANA STREET, HOUSTON TX 77002
Paul E Mahoney	officer: See Remarks	C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Antoine Marcos	officer: VP, Corp Controller, CAO	2445 TECHNOLOGY FOREST BOULEVARD, BUILDING 4, 12TH FLOOR, THE WOODLANDS TX 77381
Stephen M. Todd	director	C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 606515
Julia Wright	officer: Senior VP, GC & Secretary	C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Heidi S Alderman	director	C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Stuart D Porter	director	200 CLARENDON ST, 25TH FLOOR, BOSTON MA 02116
Jordan Zweig	officer: SVP & Chief HR Officer	2445 TECHNOLOGY FOREST BOULEVARD, BUILDING 4, 12TH FLOOR, THE WOODLANDS TX 77381
Syed Raza	officer: SVP & Chief Digital Officer	C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Amy Thompson Broussard	officer: Senior VP & Chief HR Officer	C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Shankar Annamalai	officer: Senior VP Operations	C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381