Fiyta Precision Technology Co (SZSE:000026) GF Value Rank : 6 (As of May. 25, 2024)

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What is Fiyta Precision Technology Co GF Value Rank?

Fiyta Precision Technology Co has the GF Value Rank of 6.

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 Fiyta Precision Technology Co's GF Value Rank

For the Luxury Goods subindustry, Fiyta Precision Technology 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.

Fiyta Precision Technology Co's GF Value Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fiyta Precision Technology Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Fiyta Precision Technology Co's GF Value Rank falls into.

Fiyta Precision Technology Co GF Value Rank Related Terms

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Fiyta Precision Technology Co (SZSE:000026) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fiyta Precision Technology Co Ltd (SZSE:000026) » Definitions » GF Value Rank

Traded in Other Exchanges

200026:China

Address

Gaoxin South 1st Road, 20th Floor, FIYTA Hi-tech Building, Nanshan District, Shenzhen, CHN, 518057

Website

http://www.fiytagroup.com

Fiyta Precision Technology Co Ltd is a retailer of watches. Its activities include research, development, design, manufacturing, and retail for its self-own watch brands, and the retail business for watches. The sale of watches generates maximum revenue for the company. It also focuses on Precision Technology Business and Smart Wearable Business.

Executives

Liu Xiao Ming	Executives
Tang Hai Yuan	Executives
Lu Wan Jun	Executives
Li Ming	Executives
Huang Yong Feng	Director
Pan Bo	Executives
Lu Bing Qiang	Executives
Chen Zhuo	Executives
Chen Li Bin	Directors, executives

Fiyta Precision Technology Co (SZSE:000026) Headlines

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