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Guangdong Hoshion Aluminium Co (SZSE:002824) GF Value Rank : 4 (As of Jun. 07, 2024)


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What is Guangdong Hoshion Aluminium Co GF Value Rank?

Guangdong Hoshion Aluminium Co has the GF Value Rank of 4.

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 Guangdong Hoshion Aluminium Co's GF Value Rank

For the Aluminum subindustry, Guangdong Hoshion Aluminium 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.


Guangdong Hoshion Aluminium Co's GF Value Rank Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Guangdong Hoshion Aluminium Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Guangdong Hoshion Aluminium Co's GF Value Rank falls into.



Guangdong Hoshion Aluminium Co GF Value Rank Related Terms

Thank you for viewing the detailed overview of Guangdong Hoshion Aluminium Co's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangdong Hoshion Aluminium Co (SZSE:002824) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Meiyuan Road, Qianyu Industrial Zone, Sanxiang Town, Guangdong Province, Zhongshan, CHN, 528463
Guangdong Hoshion Aluminium Co Ltd is an industrial aluminum manufacturer. The firm research, produce, and develop aluminum casting, anodizing, tooling, extrusion, and other products. It offers consumer electronics, such as OPC and driven rollers for copier printers; power bank housing products; aluminum for TV frames; electronic products extrusion materials; arm of computer hard disc; seamless pipes for lens; and photographic equipment. It also provides automobile anti-collision beams; high precision large sectional rectangle pipes; colied pipesinner thread pipes; and forging parts. In addition, the firm offers seamless pipes for baseball bars; kitchen and bathroom components; aluminum used lighting and snow shoes; electric heating tubes; and conditioner frames.
Executives
Zhang Hong Independent director
Jin Jiong Directors, executives
Li Jian Xiang Director
Chen Hua Ping Executives
Li Jiang Secretary, Director
Huang Jia Hui Director
Zhou Feng Hui Supervisors

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