Golden Matrix Group (Golden Matrix Group) GF Value Rank : 4 (As of May. 05, 2024)

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What is Golden Matrix Group GF Value Rank?

Golden Matrix Group has the GF Value Rank of 4.

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 Golden Matrix Group's GF Value Rank

For the Electronic Gaming & Multimedia subindustry, Golden Matrix Group'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.

Golden Matrix Group's GF Value Rank Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Golden Matrix Group's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Golden Matrix Group's GF Value Rank falls into.

Golden Matrix Group GF Value Rank Related Terms

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Golden Matrix Group (Golden Matrix Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Golden Matrix Group Inc (NAS:GMGI) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

SE0C:Germany

Address

3651 Lindell Road, Suite D131, Las Vegas, NV, USA, 89103

Website

https://www.goldenmatrix.com

Golden Matrix Group Inc is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label social gaming platforms for its international customers, located in the Asia Pacific region. The company operates in two reportable segments; B2B and B2C. The B2C segment earns majority revenue. The company operates in UK, Asia Pacific and Latin America. It offers configurable and scalable iGaming platforms and operate some of the industry's iconic brands, including MexPlay, R Kings Competitions and GM-AG.

Executives

Philip Moyes	director	54 KINGS WHARF, QUAY 27, QUEENSWAY J1 GX11 1AA
Thomas Mcchesney	director	PO BOX 2910, TACOMA WA 98401-2910
Omar Jimenez	officer: CFO & Chief Compliance Officer	C/O MONAKER GROUP INC., 2690 WESTON ROAD, SUITE 200, WESTON FL 33331
Aaron Richard Johnston	director	3851 LINDELL RD, STE D131, LAS VEGAS NV 89103
Murray George Smith	director	11920 SOUTHERN HIGHLANDS PARKWAY,, SUITE 200, LAS VEGAS NV 89141
Luxor Capital Llc	10 percent owner	3651 LINDELL RD STE D131, LAS VEGAS NV 89103
Anthony Brian Goodman	director, 10 percent owner, officer: CEO	3651 LINDELL RD STE D131, LAS VEGAS NV 89103
Weiting Feng	director, officer: CFO	3651 LINDELL RD STE D131, LAS VEGAS NV 89103