Zhejiang Reclaim Construction Group Co (SZSE:002586) GF Value Rank : 2 (As of Jun. 08, 2024)

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What is Zhejiang Reclaim Construction Group Co GF Value Rank?

Zhejiang Reclaim Construction Group Co has the GF Value Rank of 2.

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 Zhejiang Reclaim Construction Group Co's GF Value Rank

For the Engineering & Construction subindustry, Zhejiang Reclaim Construction Group 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.

Zhejiang Reclaim Construction Group Co's GF Value Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhejiang Reclaim Construction Group Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Zhejiang Reclaim Construction Group Co's GF Value Rank falls into.

Zhejiang Reclaim Construction Group Co GF Value Rank Related Terms

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Zhejiang Reclaim Construction Group Co (SZSE:002586) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang Reclaim Construction Group Co Ltd (SZSE:002586) » Definitions » GF Value Rank

Traded in Other Exchanges

N/A

Address

No. 1009, Guangxian Road, Yinzhou District, Zhejiang, Ningbo, CHN, 315040

Website

http://www.zjwh.com.cn

Zhejiang Reclaim Construction Group Co Ltd is engaged in water conservancy and hydropower project construction, port and waterway engineering, urban flood control works, reservoir engineering, housing construction, municipal engineering construction, and blasting and dismantling.

Executives

Yin Hang Jun	Executives
Zhang Chen Wang	Director
Wang Zhi Qiang	Supervisors
Yu Yuan Hong	Executives
Huang Xian Mei	Independent director
Zhong Cheng Rong	Director
Qian Hao	Executives
Yu Jian Hong	Executives
Tong Ben Li	Independent director
Zhang Zi He	Director
Chen Meng Lu	Supervisors, securities affairs representatives
Su Xiao Bing	Supervisors
Wang Zhang Quan	Directors, executives
Xu Li Jun	Supervisors
Cheng Di Long	Secretary Dong

Zhejiang Reclaim Construction Group Co (SZSE:002586) Headlines

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