Source Capital (Source Capital) GF Value Rank : 0 (As of May. 15, 2024)

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What is Source Capital GF Value Rank?

Source Capital 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.

Source Capital GF Value Rank Related Terms

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Source Capital (Source Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Source Capital Inc (NYSE:SOR) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

11601 Wilshire Boulevard, Suite 1200, Los Angeles, CA, USA, 90025

Website

https://www.fpa.com

Source Capital Inc is a diversified, closed-end management investment company. The investment objective of the company is to seek maximum total return for Common shareholders from both capital appreciation and investment income to the extent consistent with the protection of invested capital. Its investment portfolio includes a wide range of securities with a primary emphasis on common stock.

Executives

Korey Bauer	officer: Vice President	2220 E. ROUTE 66, SUITE 226, GLENDORA CA 91740
Martin Dziura	officer: Chief Compliance Officer	309 WOODRIDGE LANE, MEDIA PA 19063
Rita Dam	officer: Treasurer	2220 EAST ROUTE 66, SUITE 226, GLENDORA CA 91740
Lyna Phan	officer: Assistant Treasurer	2220 EAST ROUTE 66, SUITE 226, GLENDORA CA 91740
Diane J Drake	officer: Secretary	2220 E. ROUTE 66, SUITE 226, GLENDORA CA 91740
Max Banhazl	officer: Vice President	2220 E. ROUTE 66, SUITE 226, GLENDORA CA 91740
Amy Centurioni	officer: Assistant Secretary	2220 E. ROUTE 66, SUITE 226, GLENDORA CA 91740
John Zader	director	11601 WISHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90025
Maureen A Quill	director	11601 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90025
Brian A. Selmo	other: Officer of inv co's inv adv	11400 W. OLYMPIC BLVD., STE. 1200, LOS ANGELES CA 90064
Mark L. Lipson	director	100 WILSHIRE BOULEVARD, SUITE 1200, SANTA MONICA CA 90401
Ryan A. Leggio	other: Officer of inv co's inv adv	11601 WILSHIRE BLVD, SUITE 1200, LOS ANGELES CA 90025
Robert F Goldrich	director	LEON LEVY FOUNDATION, ONE ROCKEFELLER PLAZA, 20TH FLOOR, NEW YORK NY 10020
Thomas H Atteberry	other: partner of inv co's inv adv	11400 W OLYMPIC BLVD, STE 1200, LOS ANGELES CA 90064
Mark Landecker	other: Officer of inv co's inv adv	11400 W. OLYMPIC BLVD., STE. 1200, LOS ANGELES CA 90064