Xiamen Itg Group (SHSE:600755) GF Value Rank : 1 (As of May. 29, 2024)

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What is Xiamen Itg Group GF Value Rank?

Xiamen Itg Group 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 Xiamen Itg Group's GF Value Rank

For the Industrial Distribution subindustry, Xiamen Itg Group'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.

Xiamen Itg Group's GF Value Rank Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Xiamen Itg Group's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Xiamen Itg Group's GF Value Rank falls into.

Xiamen Itg Group GF Value Rank Related Terms

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Xiamen Itg Group (SHSE:600755) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Xiamen Itg Group Corp Ltd (SHSE:600755) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hubin South Road, 8-18th International Trade Building, Fujian, Xiamen, CHN, 361004

Website

http://www.itg.com.cn

Xiamen Itg Group Corp Ltd is engaged in trading a variety of commodities like iron ores, other minerals, coal, steel, paper, textile, chemical products, farm produce, ships, tire, wood, and many others. It is also engaged in the real estate sector.

Executives

Cai Ying Bin	senior management
Fan Dan	senior management
Gao Shao Yong	Director
Wu Yun Xuan	Directors, senior managers
Zhu Da Xin	senior management
Wang Yong Qing	senior management
Yu Li Jie	senior management
Wang Xiao Feng	senior management
Ceng Yuan	senior management
Lu Zheng Jian	senior management
Xu Xiao Xi	Director
Bo Shu Ya	senior management
Xu Qiu Qin	Supervisors
Lin Chen Liang	Director

Xiamen Itg Group (SHSE:600755) Headlines

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