Entyr (ASX:ETR) GF Value Rank : 0 (As of May. 26, 2024)

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What is Entyr GF Value Rank?

Entyr has the GF Value Rank of 0.

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.

Entyr GF Value Rank Related Terms

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Entyr (ASX:ETR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Entyr Ltd (ASX:ETR) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

63 Burnside Road, Unit 19, Stapylton, Gold Coast, QLD, AUS, 4207

Website

https://www.entyr.com.au

Entyr Ltd operates as a waste management company. The company applies thermal desorption technology to cleanly convert tyres into valuable secondary products. The product offering includes high-grade fuel oil, fine powder substance, energy, and clean rubber-free products which can be sold to recyclers worldwide and reused in the manufacturing and steel industries. Its operating segment includes Tyre processing and Manufacturing. The company generates maximum revenue from the Tyre processing segment.