Ikonics (Ikonics) GF Value Rank : 1 (As of May. 11, 2024)

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What is Ikonics GF Value Rank?

Ikonics has the GF Value Rank of 1.

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 Ikonics's GF Value Rank

For the Specialty Chemicals subindustry, Ikonics'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.

Ikonics's GF Value Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ikonics's GF Value Rank distribution charts can be found below:

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

Ikonics GF Value Rank Related Terms

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

Ikonics (Ikonics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ikonics Corp (NAS:IKNX) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

4832 Grand Avenue, Duluth, MN, USA, 55807

Website

https://www.ikonics.com

Ikonics Corp is engaged in the development, manufacturing, and selling of photosensitive liquids and films for the screen printing, awards and recognition industries. It has four segments. Chromaline, which is the key revenue driver, sells screen printing film, emulsions, and inkjet receptive film primarily to distributors and some end users. IKONICS Imaging sells photo resistant film, art supplies, glass, and related abrasive etching equipment. Advanced Material Solutions provides sound deadening and weight reduction technology to the aerospace industry and products for etched composites, ceramics, glass, and silicon wafers. Digital Texturing Technology includes products related to patented and proprietary inkjet technology used for mold texturing and prototyping.

Executives

William C Ulland	director, 10 percent owner
Joseph R Nerges	10 percent owner, other: Confidentiality agreement	1726 BUNDY ST, SCRANTON PA 18508
Kenneth D. Hegman	officer: Chief Operating Officer	2202 FREDERICK STREET, DULUTH MN 55803
Glenn Sandgren	director, officer: Chief Executive Officer	4832 GRAND AVENUE, DULUTH MN 55807
Darrell B Lee	director	C/O MOCON, INC., 7500 BOONE AVENUE NORTH, MINNEAPOLIS MN 55428
Harper Ernest M. Jr	director	3016 EMERSON AVE S, MINNEAPOLIS MN 55408
Gregory W. Jackson	director	4832 GRAND AVENUE, DULUTH MN 55807
Marianne Bohren	director	4832 GRAND AVENUE, DULUTH MN 55807
David O Harris	director
Gerald W Simonson	director	7260 COMMERCE CIRCLE EAST, MINNEAPOLIS MN 55432
D Jeffrey Engbrecht	director	4832 GRAND AVENUE, DULUTH MN 55807
Karl G. Shaw	officer: Chief Technology Officer	307 E. 3RD STREET, APT 74, DULUTH MN 55805
Rondi Erickson	director
H Leigh Severance	director	100 FILMORE ST, STE 300, DENVER CO 80206
Lockwood Carlson	director	4832 GRAND AVENUE, DULUTH MN 55807