Summit Financial Group (Summit Financial Group) GF Value Rank : 7 (As of Apr. 27, 2024)

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What is Summit Financial Group GF Value Rank?

Summit Financial Group has the GF Value Rank of 7.

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 Summit Financial Group's GF Value Rank

For the Banks - Regional subindustry, Summit Financial Group'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.

Summit Financial Group's GF Value Rank Distribution in the Banks Industry

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

* The bar in red indicates where Summit Financial Group's GF Value Rank falls into.

Summit Financial Group GF Value Rank Related Terms

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

Summit Financial Group (Summit Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Summit Financial Group Inc (NAS:SMMF) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 North Main Street, Moorefield, WV, USA, 26836

Website

http://www.summitfgi.com

Summit Financial Group Inc is a financial holding company. The company provides community banking services in the Eastern Panhandle, Southern, and North Central regions of West Virginia and the Northern, Shenandoah Valley, and Southwestern regions of Virginia. It provides a wide range of community banking services, including demand, savings, and time deposits; commercial, real estate, and consumer loans; trust and wealth management services; and cash management services.

Executives

Gary L Hinkle	director	PO BOX 65, CIRCLEVILLE WV 26804
Jill S Upson	director	336 PEBBLE BEACH DRIVE, CHARLES TOWN WV 25414
Scott C Jennings	director, officer: Senior VP/ COO	PO BOX 438, MOOREFIELD WV 26836
Oscar M Bean	director	PO BOX 179, MOOREFIELD WV 26836
Joseph Hager	officer: EVP & Chief Risk Officer	221 HAYES AVENUE, CHARLESTON WV 25314
Patricia L Owens	officer: Ex. VP & Chief Banking Officer	9328 EAGEL CT, MANASSAS PARK VA 20111
Danyl R Freeman	officer: EVP & Chief Human Resources Of	388 VALLEY VIEW ROAD, MOOREFIELD WV 26836
Angela R Zirk	officer: EVP & Chief Experience Officer	PO BOX 23, OLD FIELDS WV 26845
Lauren N. Kimlel	officer: EVP & Chief Banking Officer	22453 INDIAN POINT ROAD, BOZMAN MD 21612
David Wilson	director	POST OFFICE BOX 2707, EASTON MD 21601
John H Shott	director	PO BOX 407, BLUEFIELD WV 24701
Jason A Kitzmiller	director	8070 LUNICE CREEK, MAYSVILLE WV 26833
Charles Pieirillo	director	PO BOX 38, MADISON WV 25130
James M Cookman	director	PO BOX 179, MOOREFIELD WV 26836
Georgette R. George	director	PO BOX 8523, CHARLESTON WV 25303