Wiselink Co (ROCO:8932) GF Value Rank : 1 (As of May. 25, 2024)

View and export this data going back to 2001. Start your Free Trial

What is Wiselink Co GF Value Rank?

Wiselink Co 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 Wiselink Co's GF Value Rank

For the Apparel Manufacturing subindustry, Wiselink Co'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.

Wiselink Co's GF Value Rank Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wiselink Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Wiselink Co's GF Value Rank falls into.

Wiselink Co GF Value Rank Related Terms

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

Wiselink Co (ROCO:8932) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wiselink Co Ltd (ROCO:8932) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

7F, No. 196, Joutz Street, Neihu District, Taipei, TWN, 11493

Website

https://www.maxzip.com.tw

Wiselink Co Ltd, formerly Max Zipper Co Ltd is engaged in the production and sales of zippers in Taiwan. It offers a variety of zippers including nylon zippers, Delrin zippers, invisible zippers, metal zippers, zipper accessories, sliders, and other specialized zippers. The reportable segment of the company includes Taiwan and Mainland. The Taiwan segment and the Mainland segment were mainly engaged in the manufacturing, processing, and trading of pulling products and parts, while the other segments were mainly engaged in professional investment. The majority of revenue is derived from the Taiwan segment.

Wiselink Co (ROCO:8932) Headlines

No Headlines