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Noah Holdings GF Value Rank

: 4 (As of Today)
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Noah Holdings has the GF Value Rank of 4.

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

For the Asset Management subindustry, Noah Holdings'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.

   

Noah Holdings GF Value Rank Distribution

For the Asset Management industry and Financial Services sector, Noah Holdings's GF Value Rank distribution charts can be found below:

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



Noah Holdings GF Value Rank Related Terms

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Noah Holdings Business Description

Noah Holdings logo
Traded in Other Exchanges
Address
No. 1687 Changyang Road, Changyang Valley, Building 2, Shanghai, CHN, 200090
Noah Holdings Ltd is a wealth management service provider. It focuses on global wealth investment and asset allocation services for high net worth individuals and enterprises in China. The company operates through three segments: wealth management, asset management, and lending and other financial services. Its product offerings consist primarily of over-the-counter wealth management and OTC asset management products and mutual fund products. Portfolio of the group mostly includes fixed income products, private equity funds and securities investment funds. Most of the firm revenue is generated through one-time commissions and recurring service fees paid by third-party product providers.

Noah Holdings Headlines

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