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NexTier Oilfield Solutions has the GF Value Rank of 6.
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.
For the Oil & Gas Equipment & Services subindustry, NexTier Oilfield Solutions'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.
For the Oil & Gas industry and Energy sector, NexTier Oilfield Solutions's GF Value Rank distribution charts can be found below:
* The bar in red indicates where NexTier Oilfield Solutions's GF Value Rank falls into.
Thank you for viewing the detailed overview of NexTier Oilfield Solutions's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.
Drummond Robert Wayne Jr | director, officer: Chief Executive Officer | 1301 MCKINNEY ST, STE 1800, HOUSTON TX 77010 |
Kevin M Mcdonald | officer: Exec. VP, GC and Sec. | 600 TRAVIS, SUITE 5800, HOUSTON TX 77002 |
Oladipo Iluyomade | officer: Chief Accounting Officer | 3990 ROGERDALE RD, HOUSTON TX 77042 |
Leslie Ann Beyer | director | C/O NATURAL GAS SERVICES GROUP., INC., 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705 |
James Carl Stewart | director, officer: Chairman and CEO | 1800 POST OAK BLVD., SUITE 450, HOUSTON TX 77056 |
Kenneth Pucheu | officer: CFO | 3990 ROGERDALE, HOUSTON TX 77042 |
Keane Investor Holdings Llc | 10 percent owner | 2121 SAGE ROAD, SUITE 370, HOUSTON TX 77056 |
Michael Joseph Mckie | officer: Pres., Alamo Pressure Pumping | 3990 ROGERDALE RD, HOUSTON TX 77042 |
Bernardo Rodriguez | director | 3990 ROGERDALE RD, HOUSTON TX 77042 |
Burns Lamphung Ngo | officer: Chief Accounting Officer | 5285 NORTH SAM HOUSTON PARKWAY WEST, SUITE 600, HOUSTON TX 77086 |
Alamo Frac Holdings, Llc | 10 percent owner | 1101 N. LITTLE SCHOOL ROAD, ARLINGTON TX 76017 |
Matthew Gillard | officer: Chief Operating Officer | 3990 ROGERDALE RD., HOUSTON TX 77042 |
Sterling Renshaw | officer: SVP, Well Services | 3990 ROGERDALE RD., HOUSTON TX 77042 |
Amy H Nelson | director | 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056 |
Stuart M Brightman | director | 25025 INTERSTATE 45 NORTH, SUITE 600, THE WOODLANDS TX 77380 |
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