IST (BOM:508807) GF Value Rank : 5 (As of May. 22, 2024)

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What is IST GF Value Rank?

IST 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 IST's GF Value Rank

For the Auto Parts subindustry, IST'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.

IST's GF Value Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, IST's GF Value Rank distribution charts can be found below:

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

IST GF Value Rank Related Terms

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

IST (BOM:508807) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » IST Ltd (BOM:508807) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

A-23, New Office Complex, Defence Colony, New Delhi, IND, 110024

Website

https://www.istindia.com

IST Ltd manufactures High precision auto components. The company operates in two segments: Manufacturing and SEZ. The firm's products includes automotive transmission parts, carburetor parts for two-wheelers, fuel injection parts for four-wheelers, high-precision mechanical electromechanical timers, precision components and assemblies, communication equipment and office products, consumer durables, and white goods, instrumentation, and engineering goods, and dental and orthopedic screws. It manufactures precision turned, milled, drilled components, and stampings for various industries. Geographically, the company operates in India.

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