HG Semiconductor (HKSE:06908) GF Value Rank : 4 (As of Jun. 04, 2024)

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What is HG Semiconductor GF Value Rank?

HG Semiconductor 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 HG Semiconductor's GF Value Rank

For the Electrical Equipment & Parts subindustry, HG Semiconductor'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.

HG Semiconductor's GF Value Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HG Semiconductor's GF Value Rank distribution charts can be found below:

* The bar in red indicates where HG Semiconductor's GF Value Rank falls into.

HG Semiconductor GF Value Rank Related Terms

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HG Semiconductor (HKSE:06908) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HG Semiconductor Ltd (HKSE:06908) » Definitions » GF Value Rank

Traded in Other Exchanges

N/A

Address

No. 8 Pinggong Er Road, 2nd Floor and North side, Nanping Technology Industrial Park, Zhuhai, CHN

Website

https://www.hg-semiconductor.com

HG Semiconductor Ltd is an investment holding company. It is engaged in the design, development, manufacturing, subcontracting, and sales of semiconductor products, which include light-emitting diode (LED) beads, next-generation semiconductor gallium nitride (GaN) chips, GaN devices, and their related applications, as well as fast charging products in China. The sales of LED beads generate maximum revenue for the company.

Executives

Zhan Haisu	2201 Interest of corporation controlled by you
Jovial Star International Limited	2101 Beneficial owner
Zhuang Chan Ling	2202 Interest of your spouse
First Global Limited	2101 Beneficial owner
Zhao Yi Wen	2201 Interest of corporation controlled by you
Qin Xiaolu	2101 Beneficial owner
Profit Act Limited	2101 Beneficial owner
Profit Times International Limited	2201 Interest of corporation controlled by you
Zhu Gongshan	2201 Interest of corporation controlled by you
Chiu Kwok Hung Justin	2101 Beneficial owner
Bigfair Enterprises Limited	2101 Beneficial owner
Chiu Kwai San	2201 Interest of corporation controlled by you
Wong Ching Ming	2202 Interest of your spouse
Qin Anqi	2201 Interest of corporation controlled by you
Wide Yield Investment Holding Limited	2101 Beneficial owner

HG Semiconductor (HKSE:06908) Headlines

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