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NewAge (NewAge) GF Value Rank : 0 (As of May. 16, 2024)


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What is NewAge GF Value Rank?

NewAge 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.


NewAge GF Value Rank Related Terms

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NewAge (NewAge) Business Description

Traded in Other Exchanges
N/A
Address
2420 17th Street, Suite 220, Denver, CO, USA, 80202
NewAge Inc is engaged in the business of developing, marketing, selling, and distributing a portfolio of healthy products sold primarily through a direct to customer business model using a team of brand partners and distributors to help market and sell the portfolio of brands. Its Direct/Social Selling segment is engaged in the development, manufacturing, and marketing of a portfolio of healthy products in three core category platforms including health and wellness, healthy appearance, and nutritional performance all sold primarily via e-commerce and through a direct route to market. It has a business presence in the US, Japan, China and other countries.
Executives
Michele Crocker director 7158 FLSMIDTH DRIVE, SUITE 250 MIDVALE UT 84047
Judith Lynne Hammerschmidt director 3511 CAMBRIDGE ROAD, DURHAM 1W 27707-4509
Ed Brennan director 3018 WEST LAKE ROAD SKANEATELES NY 13152
Kevin Manion officer: Chief Financial Officer 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Fred W Cooper director 3838 W PARKWAY BLVD, C/O USANA HEALTH SCIENCES INC, SALT LAKE CITY UT 84120
Reginald Kapteyn director 16325 WEST WILLOW DRIVE SPRING LAKE MI 49456
Amy L. Kuzdowicz director 2376 TALL OAKS DRIVE TROY MI 48098
Gregory Fea director 1700 EAST 68TH AVENUE DENVER CO 80229
David Vanderveen officer: Chief Operating Officer 2420 17TH STREET, SUITE 220 DENVER CO 80202
Alicia Syrett director 2420 17TH STREET, SUITE 220, DENVER CO 80202
Timothy J Haas director ONE COCA COLA PLAZA ATLANTA GA 30313
Julie Garlikov officer: Chief Marketing Officer 2420 17TH STREET, SUITE 220, DENVER CO 80202
Brent D Willis director, officer: CEO 4211 W BOY SCOUT BLVD, SUITE 290, TAMPA FL 33607
Gregory A Gould officer: CFO 1111 MAIN STREET, SUITE 660, VANCOUVER WA 98660
Richard C Rife officer: See Remarks 1903 N HEATHER DRIVE OREM UT 84097

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