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Loop Industries (Loop Industries) GF Value Rank : 0 (As of Jun. 08, 2024)


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What is Loop Industries GF Value Rank?

Loop Industries 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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Loop Industries (Loop Industries) Business Description

Traded in Other Exchanges
Address
480 Fernand-Poitras, Terrebonne, QC, CAN, J6Y 1Y4
Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). Its monomers are filtered, purified and repolymerized to create virgin-quality Loop branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives.
Executives
Fady Mansour officer: Chief Financial Officer 480 FERNAND POITRAS, TERREBONNE A8 J6Y 1Y4
Nicolas Lafond officer: Interim CFO 480 FERNAND-POITRAS, TERREBONNE A8 J6Y 1Y4
Yves Perron officer: VP, Engineering & Construction 480 FERNAND-POITRAS, TERREBONNE A8 J6Y 1Y4
Stephen Champagne officer: Chief Technology Officer 480, RUE FERNAND-POITRAS, TERREBONNE A8 J6Y 1Y4
Jonghyuk Lee director C/O SK GLOBAL CHEMICAL CO., LTD., 26, JONG-RO, JONGNO-GU, SEOUL M5 03188
Louise S Sams director C/O COSTAR GROUP, INC., 1331 L STREET NW, WASHINGTON DC 20005
Thomas Andrew Hickey officer: CFO 480, RUE FERNAND-POITRAS, TERREBONNE A8 J6Y 1Y4
Daniel Solomita director, 10 percent owner, officer: President, Secretary & Treas. 1999 AVENUE OF THE STARS, SUITE 2520, LOS ANGELES CA 90067
Nelson Gentiletti officer: COO and CFO 480 FERNAND-POITRAS, TERREBONE A8 J6Y 1Y4
Jay Howard Stubina director 480 FERNAND POITRAS, TERREBONE A8 J6Y 1Y4
Laurence G. Sellyn director 480 FERNAND POITRAS, TERREBONNE A8 J6Y 1Y4
Sheila Morin officer: CMO 480, RUE FERNAND-POITRAS, TERREBONNE A8 J6Y 1Y4
Northern Private Capital Fund I Non-resident Limited Partnership 10 percent owner 135 YORKVILLE AVENUE, 9TH FLOOR, TORONTO Z4 A6 M5R 0C7
Northern Private Capital Fund I Limited Partnership 10 percent owner 135 YORKVILLE AVENUE, 9TH FLOOR, TORONTO A6 M5R 0C7
Peter Kezios director 480, RUE FERNAND-POITRAS, TERREBONNE A8 J6Y 1Y4

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