CorEnergy Infrastructure Trust (FRA:YJEB) GF Value Rank : 2 (As of May. 25, 2024)

View and export this data going back to 2017. Start your Free Trial

What is CorEnergy Infrastructure Trust GF Value Rank?

CorEnergy Infrastructure Trust has the GF Value Rank of 2.

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 CorEnergy Infrastructure Trust's GF Value Rank

For the REIT - Specialty subindustry, CorEnergy Infrastructure Trust'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.

CorEnergy Infrastructure Trust's GF Value Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CorEnergy Infrastructure Trust's GF Value Rank distribution charts can be found below:

* The bar in red indicates where CorEnergy Infrastructure Trust's GF Value Rank falls into.

CorEnergy Infrastructure Trust GF Value Rank Related Terms

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

CorEnergy Infrastructure Trust (FRA:YJEB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CorEnergy Infrastructure Trust Inc (FRA:YJEB) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

CORRL.PFD:USA CORR:USA

Address

1100 Walnut, Suite 3350, Kansas, MO, USA, 64106

Website

https://www.corenergy.reit

CorEnergy Infrastructure Trust Inc is primarily focused on acquiring and financing midstream and downstream real estate assets within the U.S. energy infrastructure sector. The company also provides other types of capital, including loans secured by energy infrastructure assets. It owns assets, such as pipelines, storage terminals, and transmission and distribution assets. Its assets include Crimson Midstream Holding, MoGas Pipeline System, and Omega Pipeline. The majority of the revenue is generated from the lease received.

CorEnergy Infrastructure Trust (FRA:YJEB) Headlines

No Headlines