FingerTango (HKSE:06860) GF Value Rank : 0 (As of Jun. 11, 2024)

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What is FingerTango GF Value Rank?

FingerTango 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.

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FingerTango (HKSE:06860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » FingerTango Inc (HKSE:06860) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 248 Qiaotou Street, Building 5, Zone A, Huaxin Kechuang Island,, Haizhu District, Guangzhou, CHN

Website

https://www.fingertango.com

FingerTango Inc is a mobile gamer publisher in China with a focus on SLG games. The company and its subsidiaries are principally engaged in the development, operation, and publishing of mobile game business in the People's Republic of China. The company's main games include Tank Frontline, Three Heroes, Super Fleet, Romance of Stars, Wartime, The Age of Rome and My Duty. It markets its products throughout China.

Executives

Liu Jie	2201 Interest of corporation controlled by you
Zhu Yanbin	2201 Interest of corporation controlled by you
Lj Technology Holding Limited	2101 Beneficial owner
Zyb Holding Limited	2101 Beneficial owner
Wu Junjie	2201 Interest of corporation controlled by you
Acery Holding Limited	2101 Beneficial owner

FingerTango (HKSE:06860) Headlines

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