ITC Properties Group (HKSE:00199) GF Value Rank : 0 (As of May. 26, 2024)

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What is ITC Properties Group GF Value Rank?

ITC Properties Group has the GF Value Rank of 0.

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.

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ITC Properties Group (HKSE:00199) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » ITC Properties Group Ltd (HKSE:00199) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Harcourt Road, 30th Floor, Bank of America Tower, Central, Hong Kong, HKG

Website

http://www.itcproperties.com

ITC Properties Group Ltd is an investment holding company principally engaged in the development, selling of, and investment in properties. Its operating segment includes Property; Hotel and leisure; Securities investments and Finance. It generates maximum revenue from the Property segment which includes the development, selling, and investment in properties. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Other Countries.

Executives

Fortune Crystal Holdings Limited
Record High Enterprises Limited
Galaxyway Investments Limited
Itc Holdings Limited
Chan Kwok Keung Charles
Ng Yuen Lan Macy
Cheung Hon Kit	2101 Beneficial owner

ITC Properties Group (HKSE:00199) Headlines

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