Eternity Investment (HKSE:00764) GF Value Rank : 0 (As of May. 26, 2024)

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What is Eternity Investment GF Value Rank?

Eternity Investment 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.

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Eternity Investment (HKSE:00764) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Eternity Investment Ltd (HKSE:00764) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Unit 1211, Shun Tak Centre, West Tower, Hong Kong, HKG

Website

http://www.eternityinv.com.hk

Eternity Investment Ltd is an investment holding company. The company along with its subsidiaries is engaged in the sale of jewelry products. It operates in four segments Property investment, Sale of financial assets, Moneylending, and Design and sale of jewelry products, and precious stones segment. It generates the highest revenue from the money lending business. The company has a global presence with the majority of the revenue generated from Hong Kong.

Executives

Chu Yuet Wah	2201 Interest of corporation controlled by you
Silver Pacific Development Limited	2201 Interest of corporation controlled by you
Twin Success International Limited	2101 Beneficial owner
Guan Jian	2201 Interest of corporation controlled by you
Lei Hong Wai	2101 Beneficial owner
Cheung Kwok Wai Elton	2101 Beneficial owner
Silver Pacific International Limited	2201 Interest of corporation controlled by you
Ample Cheer Limited	2201 Interest of corporation controlled by you
Kingston Finance Limited	2106 Person having a security interest in shares

Eternity Investment (HKSE:00764) Headlines

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