GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tunghsu Azure Renewable Energy Co Ltd (SZSE:000040) » Definitions » GF Value Rank

Tunghsu Azure Renewable Energy Co (SZSE:000040) GF Value Rank : 1 (As of May. 25, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Tunghsu Azure Renewable Energy Co GF Value Rank?

Tunghsu Azure Renewable Energy 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 Tunghsu Azure Renewable Energy Co's GF Value Rank

For the Utilities - Renewable subindustry, Tunghsu Azure Renewable Energy 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.


Tunghsu Azure Renewable Energy Co's GF Value Rank Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tunghsu Azure Renewable Energy Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Tunghsu Azure Renewable Energy Co's GF Value Rank falls into.



Tunghsu Azure Renewable Energy Co GF Value Rank Related Terms

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


Tunghsu Azure Renewable Energy Co (SZSE:000040) Business Description

Traded in Other Exchanges
N/A
Address
25-27th Floor Hongji Building, No 1011 Dong Men Zhong Road, Guangdong, Shenzhen, CHN, 518001
Tunghsu Azure Renewable Energy Co Ltd is engaged in the business of new energy and ecological protection. It offers smart energy with multi-complementary, integrated distribution, and cogeneration of cold and heat, through environmental protection. The company also provides a package of green development solution. Its business scope covers ecological comprehensive management, water environment restoration and operation, soil and mine restoration, and hazardous waste/solid waste treatment. In addition, it provides local governments with planning and design in the fields of infrastructure construction and eco-environmental protection, investment, construction, operations, management, and other life cycle solutions.
Executives
Chen Wei Director
Li Dong Ming Executives
You Ming Tian Supervisors
Chen Han Zhong Executives
Luo Wei Guang Executives
Yan Jin Hui Director
Qiu Sheng Kai Executives
Huang Xu Hui Executives
Deng Xue Qin Director
Shen Shu Jiang Executives
Lin Yin Fu Supervisors
Zhou Ke Tian Director

Tunghsu Azure Renewable Energy Co (SZSE:000040) Headlines

No Headlines