Belships ASA (OSL:BELCO) GF Value Rank : 1 (As of May. 25, 2024)

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What is Belships ASA GF Value Rank?

Belships ASA has the GF Value Rank of 1.

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 Belships ASA's GF Value Rank

For the Marine Shipping subindustry, Belships ASA'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.

Belships ASA's GF Value Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Belships ASA's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Belships ASA's GF Value Rank falls into.

Belships ASA GF Value Rank Related Terms

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Belships ASA (OSL:BELCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Belships ASA (OSL:BELCO) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

BELO:Sweden NS6:Germany

Address

Lilleakerveien 6D, 7th floor, Oslo, NOR, N-0283

Website

https://www.belships.com

Belships ASA is a fully integrated owner and operator of dry bulk ships. The company also provides commercial and technical ship management services. The Group is divided into the operating segments of dry bulk and technical management. The dry bulk segment is further divided into 2 reportable segments: own ships (owned or leased) and ships operating in the spot market and operation/commercial management. The operating segments have worldwide activities. Shipping, in general, offers a global service covering major global trade routes.

Belships ASA (OSL:BELCO) Headlines

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