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China Boqi Environmental (Holding) Co (HKSE:02377) GF Value Rank : 9 (As of May. 12, 2024)


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What is China Boqi Environmental (Holding) Co GF Value Rank?

China Boqi Environmental (Holding) Co has the GF Value Rank of 9.

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 China Boqi Environmental (Holding) Co's GF Value Rank

For the Pollution & Treatment Controls subindustry, China Boqi Environmental (Holding) Co'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.


China Boqi Environmental (Holding) Co's GF Value Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Boqi Environmental (Holding) Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where China Boqi Environmental (Holding) Co's GF Value Rank falls into.



China Boqi Environmental (Holding) Co GF Value Rank Related Terms

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China Boqi Environmental (Holding) Co (HKSE:02377) Business Description

Traded in Other Exchanges
N/A
Address
No. Jia 8, Xinglongzhuang, Floor 2, Guoben Culture Building, Chaoyang District, Beijing, CHN, 100123
China Boqi Environmental (Holding) Co Ltd is an investment holding company. It operates in four segments: Environmental protection facilities, mainly including EPC, which consists of project design, procurement of equipment and materials, project construction and equipment installment, and testing services; Operation & maintenance segment comprises of operation service and regular maintenance service for desulfurization and denitrification facilities and dust removal facilities; Concession operations segment includes the construction of infrastructure or acquisition of existing infrastructure from the grantor and operation and maintenance of flue gas treatment project; and Others segment consists of the sale of by-products and others. The group primarily operates in the PRC.

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