Thai Metal Drum Manufacturing PCL (BKK:TMD) GF Value Rank : 1 (As of May. 30, 2024)

View and export this data going back to 1989. Start your Free Trial

What is Thai Metal Drum Manufacturing PCL GF Value Rank?

Thai Metal Drum Manufacturing PCL has the GF Value Rank of 1.

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 Thai Metal Drum Manufacturing PCL's GF Value Rank

For the Packaging & Containers subindustry, Thai Metal Drum Manufacturing 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.

Thai Metal Drum Manufacturing PCL's GF Value Rank Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thai Metal Drum Manufacturing PCL's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Thai Metal Drum Manufacturing PCL's GF Value Rank falls into.

Thai Metal Drum Manufacturing PCL GF Value Rank Related Terms

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

Thai Metal Drum Manufacturing PCL (BKK:TMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Thai Metal Drum Manufacturing PCL (BKK:TMD) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

193/142 Rachadapisek Road, 35th Floor, Lake Rajada Office Complex, Klongtoey, Bangkok, THA, 10110

Website

https://www.thaimetaldrum.com

Thai Metal Drum Manufacturing PCL is a Thailand based metal drum manufacturing company. The firm is mainly engaged in the manufacturing and distribution of nearly 200-litre steel drums. Its products include Steel Drum, tight head drum and open head drum. It is also engaged in the manufacturing and distribution of Preform tubes, PET bottles, and Polypropylene (PP) corrugated sheets. The business operating segment includes Productions and Sales of Metal drums, Production and Sales of Plastic Products, Rental and service income and Others. Majority of revenue is generated from Productions and Sales of Metal drums. Substantial revenue is generated from Productions and Sales of Metal drums.

Thai Metal Drum Manufacturing PCL (BKK:TMD) Headlines

No Headlines