Co-operative Bank of Kenya (NAI:COOP) GF Value Rank : 5 (As of May. 24, 2024)

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What is Co-operative Bank of Kenya GF Value Rank?

Co-operative Bank of Kenya has the GF Value Rank of 5.

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 Co-operative Bank of Kenya's GF Value Rank

For the Banks - Regional subindustry, Co-operative Bank of Kenya'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.

Co-operative Bank of Kenya's GF Value Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Co-operative Bank of Kenya's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Co-operative Bank of Kenya's GF Value Rank falls into.

Co-operative Bank of Kenya GF Value Rank Related Terms

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Co-operative Bank of Kenya (NAI:COOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Co-operative Bank of Kenya Ltd (NAI:COOP) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Haile Selassie Avenue, Co-operative Bank House, P.O. Box 48231, L.R. No. 209/4290 (IR No. 27596), Nairobi, KEN, 00100

Website

https://www.co-opbank.co.ke

Co-operative Bank of Kenya Ltd is engaged in corporate banking, retail banking, investment and asset management services in Kenya. The Bank is organized into two main operating segments based on products and services as, Retail Banking which includes loans deposits and other transactions and balances with retail customers, and Wholesale Banking which includes loans deposits and other transactions and balances with corporate and institutional customers. It generates the majority of its revenue from Retail Banking. The group's operations are within the two geographical segments of Kenya and South Sudan.