ZignSec AB (OSTO:ZIGN) GF Value Rank : 4 (As of May. 26, 2024)

View and export this data going back to 2019. Start your Free Trial

What is ZignSec AB GF Value Rank?

ZignSec AB 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 ZignSec AB's GF Value Rank

For the Software - Infrastructure subindustry, ZignSec AB'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.

ZignSec AB's GF Value Rank Distribution in the Software Industry

For the Software industry and Technology sector, ZignSec AB's GF Value Rank distribution charts can be found below:

* The bar in red indicates where ZignSec AB's GF Value Rank falls into.

ZignSec AB GF Value Rank Related Terms

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

ZignSec AB (OSTO:ZIGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ZignSec AB (OSTO:ZIGN) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

Z6C:Germany

Address

Gävlegatan 12 B, Stockholm, SWE, 113 30

Website

https://www.zignsec.com

ZignSec AB is a technology group in the fast-growing RegTech industry. The company provides SaaS platform with digital real-time solutions for customer due diligence and ID verification. The solutions are used by companies that in turn can optimize their processes for onboarding both corporate customers and consumers. The company solutions ensure compliance with ever-changing local and regulatory requirements for KYC and AML (Anti Money Laundering).

ZignSec AB (OSTO:ZIGN) Headlines

No Headlines