M.C.S. Steel PCL (BKK:MCS) GF Value Rank : 7 (As of Jun. 05, 2024)

View and export this data going back to 2005. Start your Free Trial

What is M.C.S. Steel PCL GF Value Rank?

M.C.S. Steel PCL has the GF Value Rank of 7.

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 M.C.S. Steel PCL's GF Value Rank

For the Steel subindustry, M.C.S. Steel 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.

M.C.S. Steel PCL's GF Value Rank Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, M.C.S. Steel PCL's GF Value Rank distribution charts can be found below:

* The bar in red indicates where M.C.S. Steel PCL's GF Value Rank falls into.

M.C.S. Steel PCL GF Value Rank Related Terms

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

M.C.S. Steel PCL (BKK:MCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » M.C.S. Steel PCL (BKK:MCS) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

70 Moo 2, Changyai, Bangsai, Ayutthaya, THA, 13290

Website

http://www.mcssteel.com

M.C.S. Steel PCL operating as a fabricating company in Thailand engages in building high-rise steel structures, power plants, bridges, and general steelworks. It provides and exports steel structure works for various projects. The company's services include engineering design, parts, and quality control. Company product and services portfolio includes Fabrication and sale of structural steel of which substantial income is earned, Fabrication including installation of structural steel, Real estate and Rendering of services. The business operates in three geographical segments being Thailand Japan and China. Key revenue is earned from domestic sales.