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Banca Ifis (MIL:IF) GF Value Rank : 3 (As of Apr. 27, 2024)


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What is Banca Ifis GF Value Rank?

Banca Ifis has the GF Value Rank of 3.

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 Banca Ifis's GF Value Rank

For the Banks - Regional subindustry, Banca Ifis'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.

Banca Ifis's GF Value Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banca Ifis's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Banca Ifis's GF Value Rank falls into.


Banca Ifis GF Value Rank Related Terms

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Banca Ifis (MIL:IF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banca Ifis (MIL:IF) » Definitions » GF Value Rank
Comparable Companies
MIL:BDB MIL:ILTY MIL:DOV MIL:PRO MIL:BST MIL:BPSO MIL:CE MIL:BGN NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 XPAR:BNP NSE:SBIN ISX:BBCA USB MIC:SBER SGX:D05 MIL:ISP SAU:1180
Traded in Other Exchanges
0NBX:UK 0I6:Germany
Address
Via Terraglio, 63, Mestre, Venice, ITA, 30174
Website
https://www.bancaifis.it
Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The group's earning assets are split nearly evenly between loans to customers and debt and equity securities available for sale. The group's net revenue is net interest income.