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Marcus & Millichap (Marcus & Millichap) GF Value Rank : 1 (As of May. 04, 2024)


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What is Marcus & Millichap GF Value Rank?

Marcus & Millichap has the GF Value Rank of 1.

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 Marcus & Millichap's GF Value Rank

For the Real Estate Services subindustry, Marcus & Millichap'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.


Marcus & Millichap's GF Value Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Marcus & Millichap's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Marcus & Millichap's GF Value Rank falls into.



Marcus & Millichap GF Value Rank Related Terms

Thank you for viewing the detailed overview of Marcus & Millichap's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Marcus & Millichap (Marcus & Millichap) Business Description

Traded in Other Exchanges
Address
23975 Park Sorrento, Suite 400, Calabasas, CA, USA, 91302
Marcus & Millichap Inc is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research, and advisory services. The company offers three primary services to its clients: commercial real estate investment brokerage, financing, and ancillary services, including other research, advisory, and consulting services. The company generates revenues by collecting fees on the sale and financing of commercial properties. These fees consist of commissions collected upon the sale of a property and fees collected from the placement of loans.
Executives
Richard D. Matricaria officer: EVP & COO - Western Division C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, CALABASAS CA 91302
Gregory A. Laberge officer: Chief Administrative Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Don C. Watters director C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
John David Parker officer: EVP & COO - Eastern Division C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Hessam Nadji officer: Chief Strategy Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
English Dixon Collete director C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
George M Marcus director 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Phoenix Investments Holdings Llc 10 percent owner 777 S. CALIFORNIA AVENUE, PALO ALTO CA 94304
Martin E. Louie officer: Chief Financial Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Steven F. Degennaro officer: EVP and CFO C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, CALABASAS CA 91302
Lauralee Martin director JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
Mitchell R Labar officer: Executive VP and COO C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, CALABASAS CA 91302
George T Shaheen director
William E. Hughes officer: SVP Marcus & Millichap Capital C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Kurt Henry Schwarz officer: Chief Accounting Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302