GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Park-Ohio Holdings Corp (NAS:PKOH) » Definitions » GF Value Rank

Park-Ohio Holdings (Park-Ohio Holdings) GF Value Rank : 3 (As of May. 04, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Park-Ohio Holdings GF Value Rank?

Park-Ohio Holdings has the GF Value Rank of 3.

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 Park-Ohio Holdings's GF Value Rank

For the Specialty Industrial Machinery subindustry, Park-Ohio Holdings'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.


Park-Ohio Holdings's GF Value Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Park-Ohio Holdings's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Park-Ohio Holdings's GF Value Rank falls into.



Park-Ohio Holdings GF Value Rank Related Terms

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


Park-Ohio Holdings (Park-Ohio Holdings) Business Description

Traded in Other Exchanges
N/A
Address
6065 Parkland Boulevard, Cleveland, OH, USA, 44124
Park-Ohio Holdings Corp is a company, engaged in industrial supply chain logistics and diversified manufacturing business. It operates in three business segments namely Supply Technologies, Assembly Components and Engineered Products. Geographically, the business of the group is amplifying across the region of the United States, Asia, Europe, Canada, Mexico and others. The company derives most of the revenue from the Supply Technologies segment which provides the customer with total supply management services such as engineering and design support, supplier selection, quality assurance, barcoding, product packaging and tracking, just-in-time and point-of-use delivery and electronic billing services for a range of production components.
Executives
James W Wert director
Patrick W Fogarty officer: Director Corporate Development
Robert D Vilsack officer: Secretary & General Counsel
Moore Dan T Iii director
Hanna Howard W Iv director 6065 PARKLAND BLVD., CLEVELAND OH 44124
Matthew V Crawford director, 10 percent owner, officer: President & COO
Edward F Crawford director, 10 percent owner, officer: CEO, COB
Patrick V Auletta director 23000 EUCLID AVE, EUCLID OH 44117
Steven H Rosen director 6065 PARKLAND BOULEVARD, MAYFIELD HEIGHTS OH 44124
John D Grampa director MATERION CORPORATION, 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Ronna Romney director
Mixon Aaron Malachi Iii director 800 SUPERIOR AVENUE, SUITE 1800, CLEVELAND OH 44107
W Scott Emerick officer: VP & CFO 29400 LAKELAND BOULEVARD, WICKLIFFE OH 44092
Kevin R Greene director
Jeffrey L Rutherford officer: Vice President & CFO 15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799

Park-Ohio Holdings (Park-Ohio Holdings) Headlines

From GuruFocus

ParkOhio Announces Quarterly Dividend

By Business Wire 11-03-2023

ParkOhio Set to Join Russell 3000� Index

By Business Wire Business Wire 06-06-2023

ParkOhio Announces Quarterly Dividend

By Business Wire Business Wire 01-27-2023

ParkOhio Announces Quarterly Dividend

By Business Wire Business Wire 07-22-2022

ParkOhio Announces Second Quarter 2021 Results Conference Call

By Business Wire Business Wire 07-28-2021

ParkOhio Announces Ratings Upgrade from Moody's

By Business Wire 11-20-2023

ParkOhio Announces Quarterly Dividend

By Business Wire Business Wire 01-28-2022