Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) GF Value Rank : 0 (As of Jun. 08, 2024)

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What is Bahrain Car Parks Co (Amakin) BSC GF Value Rank?

Bahrain Car Parks Co (Amakin) BSC 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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Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building No.128 Government Avenue, Road No. 383, 2nd Floor Office No. 2009, P.O. Box 5298, Block No.316, Car Parks & Commercial Centre, Manama, BHR

Website

https://www.carparks.bh

Bahrain Car Parks Co (Amakin) BSC is engaged in the sale of other machinery equipment and parts, other marketing promotion activities, operation of car parks, and other activities. Its business segments include Car Park Services, which provides car parks for the public in return for parking charges; Property Rental Income, which is involved in the management, maintenance, and renting of properties; and Investment and Related Services, which include trading in the financial market and investing excess funds in the primary and secondary market; Sales of equipment, which involved in trading in car parks management equipment to the client. Its Property Rental Income segment generates maximum revenue for the company. Geographically the company provides its services only to the Bahrain market.

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