Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) GF Value Rank : 8 (As of May. 14, 2024)

View and export this data going back to 2011. Start your Free Trial

What is Changzhou Xingyu Automotive Lighting Systems Co GF Value Rank?

Changzhou Xingyu Automotive Lighting Systems Co has the GF Value Rank of 8.

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 Changzhou Xingyu Automotive Lighting Systems Co's GF Value Rank

For the Auto Parts subindustry, Changzhou Xingyu Automotive Lighting Systems Co'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.

Changzhou Xingyu Automotive Lighting Systems Co's GF Value Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Changzhou Xingyu Automotive Lighting Systems Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Changzhou Xingyu Automotive Lighting Systems Co's GF Value Rank falls into.

Changzhou Xingyu Automotive Lighting Systems Co GF Value Rank Related Terms

Thank you for viewing the detailed overview of Changzhou Xingyu Automotive Lighting Systems Co's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Changzhou Xingyu Automotive Lighting Systems Co Ltd (SHSE:601799) » Definitions » GF Value Rank

Traded in Other Exchanges

N/A

Address

No. 182 Qinling Road, Xinbei District, Jiangsu, Changzhou, CHN, 213022

Website

http://www.en.xyl.cn

Changzhou Xingyu Automotive Lighting Systems Co Ltd specializes in the development, manufacturing, and sale of automotive lighting in China. The company has various type of equipment namely large injection molding machines, multicolor injection molding machines, plastic surface photo-curing lines, robot gluing and paining stations, vibration, and friction welding machines, vacuum aluminum plating machines and other.

Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) Headlines

No Headlines