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Jeol (TSE:6951) GF Value Rank : 10 (As of Apr. 26, 2024)


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What is Jeol GF Value Rank?

Jeol has the GF Value Rank of 10.

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 Jeol's GF Value Rank

For the Scientific & Technical Instruments subindustry, Jeol'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.


Jeol's GF Value Rank Distribution in the Hardware Industry

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

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



Jeol GF Value Rank Related Terms

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


Jeol (TSE:6951) Business Description

Traded in Other Exchanges
Address
1-2, Musashino 3-chome, Akishima, Tokyo, JPN, 196-8558
Jeol Ltd develops and manufactures scientific and metrology instruments, industrial equipment, and medical equipment. The scientific and metrology instruments segment contributes the majority of revenue. It sells electron optics instruments, analytical instruments, and measuring instruments, including electron microscopes, magnetic resonance systems, and mass spectrometers. The industrial equipment segment produces semiconductor equipment and industrial equipment. The medical equipment segment sells clinical chemistry analyzers, rack handlers, laboratory information systems, and amino acid analyzers. Jeol generates the largest proportion of its revenue in Japan, with the second- largest proportion of revenue generated in the United States.

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