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Anhui Guofeng New Materials Co (SZSE:000859) GF Value Rank : 8 (As of Jun. 04, 2024)


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What is Anhui Guofeng New Materials Co GF Value Rank?

Anhui Guofeng New Materials 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 Anhui Guofeng New Materials Co's GF Value Rank

For the Chemicals subindustry, Anhui Guofeng New Materials 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.


Anhui Guofeng New Materials Co's GF Value Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Anhui Guofeng New Materials Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Anhui Guofeng New Materials Co's GF Value Rank falls into.



Anhui Guofeng New Materials Co GF Value Rank Related Terms

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Anhui Guofeng New Materials Co (SZSE:000859) Business Description

Traded in Other Exchanges
N/A
Address
No. 1000, Mingchuan Road, High-tech Zone, Anhui Province, Hefei, CHN, 230088
Anhui Guofeng New Materials Co Ltd formerly Anhui Guofeng Plastic Industry Co Ltd is a China-based company engaged in the manufacturing and sale of plastic products. Its product offerings include plastic film and ancillary products, plastic building materials, nonmetal materials, wood-plastic new materials, engineering plastics and sapphire.
Executives
Cheng Qian Supervisors
Zhu Yi Bin Executives
Hu Jing Directors, Directors, and Executives
Li Feng Kui Directors, executives
Huang Qiong Yi Director
Wang Li Ya Supervisors
Chen Zhu Hong Directors, executives
Guo Jing Supervisors
Yu Jing Lin Independent director
Zhao Wen Wu Director
Qian Jun Feng Directors, executives
Yang Zhi Yuan Director
Xia Shou Hao Supervisors
Du Shu Hua Supervisors
Zhang Ji Feng Director

Anhui Guofeng New Materials Co (SZSE:000859) Headlines

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