GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hung Hing Printing Group Ltd (HKSE:00450) » Definitions » GF Value Rank

Hung Hing Printing Group (HKSE:00450) GF Value Rank : 0 (As of Jun. 09, 2024)


View and export this data going back to 1992. Start your Free Trial

What is Hung Hing Printing Group GF Value Rank?

Hung Hing Printing Group 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.


Hung Hing Printing Group GF Value Rank Related Terms

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


Hung Hing Printing Group (HKSE:00450) Business Description

Traded in Other Exchanges
Address
17-19 Dai Hei Street, Hung Hing Printing Centre, Tai Po Industrial Estate, New Territories, Hong Kong, HKG
Hung Hing Printing Group Ltd is a Hong Kong-based company. The company operates in various business segments which are Book and Package Printing, Consumer Product Packaging, Corrugated Box, and Paper Trading. The Book and Package Printing segment generate maximum revenue for the company. Geographically, the company offers its services to the United States of America, the PRC, the U.K., Hong Kong, and other countries, of which prime revenue is derived from Hong Kong.
Executives
Yum Chak Ming Matthew 2101 Beneficial owner

Hung Hing Printing Group (HKSE:00450) Headlines

No Headlines