Elecom Co (TSE:6750) GF Value Rank : 8 (As of Apr. 27, 2024)

View and export this data going back to 2013. Start your Free Trial

What is Elecom Co GF Value Rank?

Elecom Co has the GF Value Rank of 8.

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 Elecom Co's GF Value Rank

For the Computer Hardware subindustry, Elecom 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.

Elecom Co's GF Value Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Elecom Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Elecom Co's GF Value Rank falls into.

Elecom Co GF Value Rank Related Terms

Thank you for viewing the detailed overview of Elecom Co's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Elecom Co (TSE:6750) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Elecom Co Ltd (TSE:6750) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

9EL:Germany

Address

4-1-1 Fushimi-cho, Meiji Yasuda Life Osaka Midosuji Building 9th Floor, Chuo-ku, Osaka, JPN, 541-8765

Website

http://www.elecom.co.jp

Elecom Co Ltd is a Japan-based company which is engaged in the development, manufacture and sale of personal computer- and digital-equipment-related products through its subsidiaries. Its products portfolio includes personal computers, smartphones, televisions, digital photo frames, batteries, weight scales, digital cameras, digital video cameras, electronic dictionaries, speakers, game machines, light-emitting diode (LED) lighting devices, and others. The company also supplies peripherals, I/O devices, and PC accessories, such as mouse pads, mice and keyboards.

Elecom Co (TSE:6750) Headlines

No Headlines