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UGE International (TSXV:UGE) GF Value Rank : 0 (As of May. 15, 2024)


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What is UGE International GF Value Rank?

UGE International 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.

UGE International GF Value Rank Related Terms

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UGE International (TSXV:UGE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » UGE International Ltd (TSXV:UGE) » Definitions » GF Value Rank
Comparable Companies
TSXV:WEB TSX:SPG TSXV:GRB TSXV:WHE TSXV:RE TSXV:GIP TSXV:REVV NEOE:MOVE TSX:SXI TSXV:NKW.H ISX:BREN CEG WBO:VER XPRA:CEZ OCSE:ORSTED SHSE:600905 SHSE:600025 SZSE:001289 BOM:541450 XLIS:EDPR
Traded in Other Exchanges
UGEIF:USA 0UG1:Germany
Address
56 Temperance Street, 7th Floor, Toronto, ON, CAN
Website
https://www.ugei.com
UGE International Ltd is a turnkey commercial solar company, developing, building, and financing solar projects. UGE has over 600 projects and operates in three core markets: the US, Canada, and the Philippines. The company provides a complete turnkey approach, taking projects from conception all the way through to financing and operation, capturing greater margins and recurring revenue for shareholders, while delivering a superior experience to its clientele. It operates in one operating segment: Renewable energy solutions..
Executives
Nicolas Adrian Blitterswyk 10% Security Holder, Director, Senior Officer
Wendy Liu Director
Scot William Melland Director

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