Wang On Group (HKSE:01222) GF Value Rank : 0 (As of Jun. 08, 2024)

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What is Wang On Group GF Value Rank?

Wang On 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.

Wang On Group GF Value Rank Related Terms

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Wang On Group (HKSE:01222) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Wang On Group Ltd (HKSE:01222) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Wang Kwong Road, Suite 3202, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.wangon.com

Wang On Group Ltd is an investment holding company engaged in property development businesses. It operates in five business segments. The Property Development segment is engaged in the development of properties. The Property Investment segment is engaged in investment in industrial and commercial premises and residential units for rental or for sale. The Fresh markets segment is engaged in the management and sub-licensing of fresh markets and butchery business. The Pharmaceutical segment engages in the production and sale of pharmaceutical and health food products. The Treasury management segment engages in the provision of finance and investments in debt and other securities which earn interest income.

Executives

Alpadis Trust (hk) Limited
Caister Limited
Yau Yuk Yin	2202 Interest of your spouse
Tang Ching Ho	2201 Interest of corporation controlled by you
Esseiva Alain
Alpadis Group Holding Ag
Wai Yuen Tong Medicine Holdings Limited	2201 Interest of corporation controlled by you
Heer Krinya	2202 Interest of your spouse
Teo Wei Lee	2202 Interest of your spouse
Heer Dominik Philipp	2201 Interest of corporation controlled by you
Teo Wei Lee	2202 Interest of your spouse
Total Smart Investments Limited	2201 Interest of corporation controlled by you
Hearty Limited	2101 Beneficial owner
Esseiva Alain	2201 Interest of corporation controlled by you
Pioneer Season Limited	2201 Interest of corporation controlled by you

Wang On Group (HKSE:01222) Headlines

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