Fujian Start Group Co (SHSE:600734) GF Value Rank : 0 (As of Jun. 09, 2024)

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What is Fujian Start Group Co GF Value Rank?

Fujian Start Group Co 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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Fujian Start Group Co (SHSE:600734) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fujian Start Group Co Ltd (SHSE:600734) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 67 Hongshanyuan Road, Gulou District, Fuzhou, CHN, 350002

Website

http://www.start.com.cn

Fujian Start Group Co Ltd is a China based company engaged in the business of offering security services, logistics services, data services, community services like providing PTZ network camera, and terminal products. The terminal products includes payment terminal and mobile intelligent service robot. It comprises Image enhancement technology, Composite detection and tracking technology, and the Internet of Things integrated control and control platform.

Executives

Fan Shui Zhao	Supervisors
Li Chun Yu	Director
Zhu Guo Liang	senior management

Fujian Start Group Co (SHSE:600734) Headlines

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