IMAX China Holding (HKSE:01970) GF Value Rank : 6 (As of May. 28, 2024)

View and export this data going back to 2015. Start your Free Trial

What is IMAX China Holding GF Value Rank?

IMAX China Holding has the GF Value Rank of 6.

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 IMAX China Holding's GF Value Rank

For the Entertainment subindustry, IMAX China Holding'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.

IMAX China Holding's GF Value Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, IMAX China Holding's GF Value Rank distribution charts can be found below:

* The bar in red indicates where IMAX China Holding's GF Value Rank falls into.

IMAX China Holding GF Value Rank Related Terms

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

IMAX China Holding (HKSE:01970) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » IMAX China Holding Inc (HKSE:01970) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

IMXCF:USA IMK:Germany

Address

No. 128 West Nanjing Road, 7th Floor, Verdant Place, Huangpu District, Shanghai, CHN, 200003

Website

http://www.imax.cn

IMAX China Holding Inc is an investment holding company that operates in the Entertainment industry in China. The company, a subsidiary of IMAX Corporation, creates and distributes proprietary cinema presentation technology. It operates in the following segments: IMAX Technology Network, which earns revenue based on contingent box office receipts and includes the IMAX DMR films segment and contingent rent from the revenue sharing arrangements segment; IMAX Technology Sales and Maintenance, which includes results from IMAX Systems, IMAX Maintenance, and Other Theatre Business, as well as upfront fees from the revenue sharing arrangements; and New Business Initiatives and Other, which includes activities related to the exploration of new lines of business.

Executives

Imax (barbados) Holdings, Inc.
Imax Corporation

IMAX China Holding (HKSE:01970) Headlines

No Headlines