Max Sight Group Holdings (HKSE:08483) GF Value Rank : 0 (As of Jun. 01, 2024)

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What is Max Sight Group Holdings GF Value Rank?

Max Sight Group Holdings 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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Max Sight Group Holdings (HKSE:08483) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Max Sight Group Holdings Ltd (HKSE:08483) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

48 Yee Wo Street, 14th Floor, McDonald’s Building, Causeway Bay, Hong Kong, HKG

Website

http://www.maxsightgroup.com

Max Sight Group Holdings Ltd is principally engaged in the provision of photography services by supplying automatic identity photo booths in Hong Kong and Guangdong provinces. In addition, it is also engaged in the provision of medical services by operating medical centers in Hong Kong. It operates through three segments namely, Photography services in Hong Kong, Photography services in Mainland China, and Medical services in Hong Kong. The Hong Kong region generates maximum revenue for the company.

Executives

Cheung Kam Ting
Causeway Treasure Holding Limited
Photo-me International Plc.
Au-yeung Ying Ho
Chan Tien Kay Timmy
Chan Wing Chai Jamson

Max Sight Group Holdings (HKSE:08483) Headlines

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