Anritsu (TSE:6754) GF Value Rank : 4 (As of May. 03, 2024)

View and export this data going back to 1961. Start your Free Trial

What is Anritsu GF Value Rank?

Anritsu 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 Anritsu's GF Value Rank

For the Electronic Components subindustry, Anritsu'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.

Anritsu's GF Value Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Anritsu's GF Value Rank distribution charts can be found below:

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

Anritsu GF Value Rank Related Terms

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

Anritsu (TSE:6754) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Anritsu Corp (TSE:6754) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

AITUY:USA AN1:Germany

Address

5-1-1 Onna, Atsugi-shi, Kanagawa, JPN, 243-8555

Website

http://www.anritsu.com

Anritsu Corp is an electronic components manufacturer. The company has three business segments: Measurement, Products Quality Assurance, and Others. The Measurement segment offers measuring devices for mobile phone acceptance testing by mobile phone operators. The Product Quality Assurance Segment offers automatic electronic weighing equipment and contaminant detectors for food, cosmetics, and pharmaceutical industries, and x-ray detectors for contaminants. Anritsu's x-ray machines can detect and remove metal fragments. The Other business segment has a variety of interests, including telecommunication equipment, logistics, and real estate. The company earns the vast majority of its revenue in Japan.

Anritsu (TSE:6754) Headlines

No Headlines