SOCAM Development (HKSE:00983) GF Value Rank : 4 (As of May. 25, 2024)

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What is SOCAM Development GF Value Rank?

SOCAM Development has the GF Value Rank of 4.

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 SOCAM Development's GF Value Rank

For the Real Estate - Development subindustry, SOCAM Development'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.

SOCAM Development's GF Value Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SOCAM Development's GF Value Rank distribution charts can be found below:

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

SOCAM Development GF Value Rank Related Terms

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

SOCAM Development (HKSE:00983) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » SOCAM Development Ltd (HKSE:00983) » Definitions » GF Value Rank

Traded in Other Exchanges

N/A

Address

6-8 Harbour Road, 34th Floor, Shui On Centre, Hong Kong, HKG

Website

https://www.socam.com

SOCAM Development Ltd is an investment holding company. The company along with its subsidiaries is principally engaged in property segment which includes Property development and construction and maintenance segment includes contracting ,renovation and fitting out, smart facilities management and Other businesses segment includes venture capital investment and others. The group's majority of the revenue comes from Construction and maintenance segment in which Hongkong is the major contributor when it comes to revenue.

Executives

Lo Hong Sui	2307 Founder of a discretionary trust who can infl
Lo Bo Yue, Stephanie	2501 Other
Bosrich Holdings (ptc) Inc.	2301 Trustee
Hsbc International Trustee Limited	2301 Trustee
Shui On Company Limited	2101 Beneficial owner
Chu Loletta	2202 Interest of your spouse
Right Ying Holdings Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Sun Yinhuan	2307 Founder of a discretionary trust who can infl

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