Delta Manufacturing (BOM:504286) GF Value Rank : 6 (As of May. 25, 2024)

View and export this data going back to 1991. Start your Free Trial

What is Delta Manufacturing GF Value Rank?

Delta Manufacturing has the GF Value Rank of 6.

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 Delta Manufacturing's GF Value Rank

For the Specialty Industrial Machinery subindustry, Delta Manufacturing'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.

Delta Manufacturing's GF Value Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Delta Manufacturing's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Delta Manufacturing's GF Value Rank falls into.

Delta Manufacturing GF Value Rank Related Terms

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

Delta Manufacturing (BOM:504286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Delta Manufacturing Ltd (BOM:504286) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

DELTAMAGNT:India

Address

Tardeo Road, Bayside Mall, 2nd Floor, Opposite Sobo Central Mall, Haji Ali, Mumbai, MH, IND, 400 034

Website

https://www.deltamagnetsgroup.com

Delta Manufacturing Ltd is a manufacturer of hard ferrite magnets. The company along with its subsidiaries manufactures ceramic magnets used in the automotive sector; soft ferrites that serve the electronics and automotive sector and also has a distribution house that deals in various kinds of magnets and magnet materials that are useful for various industries including electronics, retail, non-conventional energy, aerospace and automotive. Its operating segment includes Hard ferrites; Soft ferrites; Textiles and MagDev. The majority of the revenue is derived from the Textiles segment.

Delta Manufacturing (BOM:504286) Headlines

No Headlines