BEC World PCL (BKK:BEC) GF Value Rank : 8 (As of May. 23, 2024)

View and export this data going back to 1996. Start your Free Trial

What is BEC World PCL GF Value Rank?

BEC World PCL 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 BEC World PCL's GF Value Rank

For the Broadcasting subindustry, BEC World PCL'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.

BEC World PCL's GF Value Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, BEC World PCL's GF Value Rank distribution charts can be found below:

* The bar in red indicates where BEC World PCL's GF Value Rank falls into.

BEC World PCL GF Value Rank Related Terms

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

BEC World PCL (BKK:BEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » BEC World PCL (BKK:BEC) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

3199 Maleenont Tower Rama 4 Road, Floor 2,3,4,9,10,30-34 floors, Kwaeng Klongton, Khet Klongtoey, Bangkok, THA, 10110

Website

https://www.becworld.com

BEC World PCL is a television broadcast company based in Thailand. The company's primary business units include broadcast television and radio operations. It provides both free and subscription-based television services. The company's subsidiary is responsible for its television operations and the production of television shows, films. Its subsidiary also owns record labels and promotes and organizes concerts through a concert ticket retail operation. The firm also operates and distributes a variety of multimedia content in genres that include news, sports, drama, and children's content. It generates the vast majority of its revenue in Thailand.

BEC World PCL (BKK:BEC) Headlines

No Headlines