Ansarada Group (ASX:AND) GF Value Rank : 5 (As of May. 27, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Ansarada Group GF Value Rank?

Ansarada Group has the GF Value Rank of 5.

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 Ansarada Group's GF Value Rank

For the Software - Application subindustry, Ansarada 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.

Ansarada Group's GF Value Rank Distribution in the Software Industry

For the Software industry and Technology sector, Ansarada Group's GF Value Rank distribution charts can be found below:

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

Ansarada Group GF Value Rank Related Terms

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

Ansarada Group (ASX:AND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ansarada Group Ltd (ASX:AND) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 George Street, Level 2, The Rocks, Sydney, NSW, AUS, 2000

Website

https://www.ansarada.com

Ansarada Group Ltd formerly thedocyard Ltd develops and provides cloud-based software for legal and finance organizations. It operates as a Software as a Service (SaaS) model with its clients being organizations that undertake complex transactions such as legal and accounting firms, corporate and financial advisers, financial institutions, and listed or multinational companies. Some services provided are Workflow management, Collaboration, Secure document management, and Project Management. Geographically, the majority of the business is done in the Australian market. The Group derives its revenue from subscription or transactional usage fees from customers for access to its cloud-based SaaS platform.

Ansarada Group (ASX:AND) Headlines

From GuruFocus

Wall Street Red on Wednesday as Fed Cuts Rates

By Omar Venerio Omar Venerio • 07-31-2019