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Northfield Bancorp (Northfield Bancorp) GF Value Rank : 10 (As of May. 08, 2024)


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What is Northfield Bancorp GF Value Rank?

Northfield Bancorp has the GF Value Rank of 10.

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 Northfield Bancorp's GF Value Rank

For the Banks - Regional subindustry, Northfield Bancorp'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.


Northfield Bancorp's GF Value Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Northfield Bancorp's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Northfield Bancorp's GF Value Rank falls into.



Northfield Bancorp GF Value Rank Related Terms

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


Northfield Bancorp (Northfield Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
581 Main Street, Suite 810, Woodbridge, NJ, USA, 07095
Northfield Bancorp Inc is the holding company for Northfield Bank. Its subsidiary provides banking services to individuals and corporate customers in Richmond and Kings Counties in New York, and Hunterdon, Mercer, Union and Middlesex counties in New Jersey. The bank attracts deposits and offers credit and other banking services.
Executives
Patrick Louis Ryan director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Vickie Tomasello officer: EVP/Chief Risk Officer 581 MAIN STREET, WOODBRIDGE NJ 07095
Steven M Klein officer: COO and CFO 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
David Fasanella officer: EVP 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
William R. Jacobs officer: SVP and PAO 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Robin Lefkowitz officer: EVP 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Frank P. Patafio director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Gil Chapman director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Connors John P Jr director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Gualberto Medina director 581 MAIN STREET, WOODBRIDGE NJ 07095
Tara L French officer: EVP/Chief Admin. Officer 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Paul Stahlin director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Michael J Widmer officer: EVP 1410 ST. GEORGES AVENUE, AVENEL NJ 07001
Annette Catino director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
John Wade Alexander director, officer: President and CEO 1410 ST. GEORGES AVENUE, AVENEL NJ 07001