Dril-Quip (Dril-Quip) GF Value Rank : 8 (As of Apr. 29, 2024)

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What is Dril-Quip GF Value Rank?

Dril-Quip 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 Dril-Quip's GF Value Rank

For the Oil & Gas Equipment & Services subindustry, Dril-Quip'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.

Dril-Quip's GF Value Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dril-Quip's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Dril-Quip's GF Value Rank falls into.

Dril-Quip GF Value Rank Related Terms

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

Dril-Quip (Dril-Quip) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dril-Quip Inc (NYSE:DRQ) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

DQU:Germany

Address

2050 West Sam Houston Parkway S., Suite 1100, Houston, TX, USA, 77042

Website

https://www.dril-quip.com

Dril-Quip Inc. designs, manufactures, sells and services engineered drilling and production equipment for both offshore and onshore applications. The Company's revenues are generated from three sources, Product revenues are derived from the sale of drilling and production equipment. Service revenues are earned when the Company provides technical advisory assistance and rework and reconditioning services. Leasing revenues are derived from rental tools used during the installation and retrieval of the Company's products. The Company's operations are organized into three geographic segments, Western Hemisphere (including North and South America), Eastern Hemisphere (including Europe and Africa) and Asia-Pacific (including the Pacific Rim, Southeast Asia, Australia, India and the Middle East).

Executives

Terence Bartlett Jupp	director	6401 N. ELDRIDGE PARKWAY, HOUSTON TX 77041
James C. Webster	officer: VP - Gen Counsel & Secretary	13550 HEMPSTEAD HIGHWAY, HOUSTON TX 77040
Jeffrey J. Bird	officer: Vice President and CFO	10260 WESTHEIMER RD., HOUSTON TX 77042
Kyle Mcclure	officer: Vice President and CFO	10260 WESTHEIMER RD, SUITE 700, HOUSTON TX 77042
Donald M Underwood	officer: VP - Subsea Products	6401 NORTH ELDRIDGE PKWY, HOUSTON TX 77041
Carri A. Lockhart	director	6401 NORTH ELDRIDGE PKWY, HOUSTON TX 77041
A P Shukis	director	C/O CORPORATE STRATEGIES INC, 1170 ST JAMES PLACE SUITE 115, HOUSTON TX 77056
Blake T. Deberry	director, officer: President and CEO	13550 HEMPSTEAD HIGHWAY, HOUSTON TX 77040
Raj Kumar	officer: VP-Finance & Chief Acct. Off.	6401 N. ELDRIDGE PARKWAY, HOUSTON TX 77041
Darryl Keith Willis	director	2001 KIRBY DRIVE, SUITE 200, HOUSTON TX 77019
John Lovoi	director	3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Amy B Schwetz	director	701 MARKET STREET, ST. LOUIS MO 63101
James A. Gariepy	officer: SR V.P. and COO	13550 HEMPSTEAD HIGHWAY, HOUSTON TX 77040
Jerry M Brooks	officer: Chief Financial Officer
Robertson L H Dick	director	39 LAKESIDE DRIVE, STAR HARBOR, MALAKOFF TX 75148