Luna Innovations (Luna Innovations) GF Value Rank : 2 (As of May. 07, 2024)

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What is Luna Innovations GF Value Rank?

Luna Innovations has the GF Value Rank of 2.

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 Luna Innovations's GF Value Rank

For the Scientific & Technical Instruments subindustry, Luna Innovations'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.

Luna Innovations's GF Value Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Luna Innovations's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Luna Innovations's GF Value Rank falls into.

Luna Innovations GF Value Rank Related Terms

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Luna Innovations (Luna Innovations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Luna Innovations Inc (NAS:LUNA) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

301 1st Street South West, Suite 200, Roanoke, VA, USA, 24011

Website

https://www.lunainc.com

Luna Innovations Inc is engaged in optical technology, providing high-performance fiber optic test, measurement, and control products for the telecommunications, and photonics industries, and distributed fiber optic sensing solutions that measure and monitor materials and structures for applications in aerospace, automotive, oil, and gas, security, and infrastructure. Its Lightwave segment develops, manufactures, and markets optical measurements technologies like Sensing including short, medium, and long-range distributed fiber optic sensing solutions and Terahertz measurement products, and Communications test and photonic control including test equipment for communications devices and networks and specialty laser and photonic components. It derives a majority of its revenue from the U.S.

Executives

George Gomez-quintero	officer: Chief Financial Officer	LUNA INNOVATIONS INCORPORATED, 301 FIRST STREET SW, SUITE 200, ROANOKE VA 24011
Pamela L Coe	director	C/O EXPEDIA, INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Brian Soller	officer: Chief Operating Officer	301 1ST STREET, SW, SUITE 200, ROANOKE VA 24011
Gene Nestro	officer: Chief Financial Officer	C/O LUNA INNOVATIONS, INC., 301 1ST STREET, SW, SUITE 200, ROANOKE VA 24011
Clinic Carilion	10 percent owner	EDWARD MURPHY, M.D., 213 SOUTH JEFFERSON STREET, SUITE 807, ROANOKE VA 24011
Mary Beth Vitale	director	821 17TH STREET, DENVER CO 80202
Dale E Messick	officer: Chief Financial Officer	LUNA INNOVATIONS INCORPORATED, 2851 COMMERCE STREET, BLACKSBURG VA 24060
Scott A Graeff	officer: CFO, Executive VP Corp. Dev.	LUNA INNOVATIONS INCORPORATED, 2851 COMMERCE STREET, BLACKSBURG VA 24060
Barry Phelps	director	26750 AGOURA RD, CALABASAS CA 91302
Michael W. Wise	director	C/O LUNA INNOVATIONS INCORPORATED, 1 RIVERSIDE CIRCLE, SUITE 400, ROANOKE VA 24016
Richard Roedel	director	164 WEST RD, NEW CANAAN CT 06840
Donald Pastor	director	2925 BOARDWALK, ANN ARBOR MI 48104
Gary Spiegel	director
Coringrato Edward J Jr.	director	301 1ST STREET, SW, SUITE 200, ROANOKE VA 24011
Wilkin Neil D Jr	director