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Inner Mongolia Xingye Silver & Tin Mining Co (SZSE:000426) GF Value Rank : 9 (As of May. 12, 2024)


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What is Inner Mongolia Xingye Silver & Tin Mining Co GF Value Rank?

Inner Mongolia Xingye Silver & Tin Mining Co has the GF Value Rank of 9.

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 Inner Mongolia Xingye Silver & Tin Mining Co's GF Value Rank

For the Other Industrial Metals & Mining subindustry, Inner Mongolia Xingye Silver & Tin Mining Co'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.


Inner Mongolia Xingye Silver & Tin Mining Co's GF Value Rank Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Inner Mongolia Xingye Silver & Tin Mining Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Xingye Silver & Tin Mining Co's GF Value Rank falls into.



Inner Mongolia Xingye Silver & Tin Mining Co GF Value Rank Related Terms

Thank you for viewing the detailed overview of Inner Mongolia Xingye Silver & Tin Mining Co's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Inner Mongolia Xingye Silver & Tin Mining Co (SZSE:000426) Business Description

Traded in Other Exchanges
N/A
Address
No. 76 Yulong Street, Xincheng District, Inner Mongolia, Chifeng, CHN, 024000
Inner Mongolia Xingye Silver & Tin Mining Co Ltd is a China-based company engages in the mining and smelting of non-ferrous and precious metals. Its products include lead, zinc, copper, iron, bismuth, tungsten, silver, tin, and other non-ferrous and black metals. Geographically the company mainly operates its business in the domestic market.

Inner Mongolia Xingye Silver & Tin Mining Co (SZSE:000426) Headlines

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