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China Vanadium Titano-Magnetite Mining Co (HKSE:00893) GF Value Rank : 0 (As of Jun. 08, 2024)


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What is China Vanadium Titano-Magnetite Mining Co GF Value Rank?

China Vanadium Titano-Magnetite Mining Co 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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China Vanadium Titano-Magnetite Mining Co (HKSE:00893) Business Description

Traded in Other Exchanges
Address
1 Matheson Street, 31st Floor, Tower Two Times Square, Causeway Bay, Hong Kong, HKG
China Vanadium Titano-Magnetite Mining Co Ltd is engaged in mining and ore processing; sale of self-produced products; trading of steels; management of strategic investments; and rendering of specialized mining services. Its segments include the High-Fe Mining operation segment comprises the operation of the sale of self-produced high-grade iron concentrates within the range of 65% TFe to 72% TFe and the provision of consultancy and management services; the Trading segment comprises the operation of the sale of traded products; and the Corporate and others segment covers the nonoperating activities supporting the group which includes the central functions such as the functional costs that have not been allocated to the other segments.
Executives
Erie Investments Limited 2101 Beneficial owner
Jiang Hua 2202 Interest of your spouse
Zou Hua 2201 Interest of corporation controlled by you
Kingston Grand Limited 2201 Interest of corporation controlled by you
Li Hesheng 2401 A concert party to an agreement to buy shares
Long Sino International Limited 2201 Interest of corporation controlled by you
Shi Yinjun 2401 A concert party to an agreement to buy shares
Trisonic International Limited 2101 Beneficial owner
Wang Jin 2201 Interest of corporation controlled by you
Wu Wendong 2401 A concert party to an agreement to buy shares
Yang Xianlu 2401 A concert party to an agreement to buy shares
Zhang Yuangui 2401 A concert party to an agreement to buy shares
Si Chuan Xin Tuo You Xian Gong Si 2106 Person having a security interest in shares

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