Kangda New Materials (Group) Co (SZSE:002669) GF Value Rank : 10 (As of May. 31, 2024)

View and export this data going back to 2012. Start your Free Trial

What is Kangda New Materials (Group) Co GF Value Rank?

Kangda New Materials (Group) Co 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 Kangda New Materials (Group) Co's GF Value Rank

For the Specialty Chemicals subindustry, Kangda New Materials (Group) 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.

Kangda New Materials (Group) Co's GF Value Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kangda New Materials (Group) Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Kangda New Materials (Group) Co's GF Value Rank falls into.

Kangda New Materials (Group) Co GF Value Rank Related Terms

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

Kangda New Materials (Group) Co (SZSE:002669) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kangda New Materials (Group) Co Ltd (SZSE:002669) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.655, Qingda Road, Pudong New Area, Shanghai, CHN, 201201

Website

http://www.kangda-sh.com

Shanghai Kangda New Materials Co Ltd is mainly engaged in the research, development, production, and sale of adhesive and sealant products. The company provides more than 200 kinds of products, including epoxy adhesive, polyurethane adhesive, acrylate AB adhesive (SGA), cyanoacrylate adhesive, UV curing adhesive, silicon rubber, anaerobic adhesive, butyl hot melt adhesive, industrial repair putty, spray polyurea and others. The products are widely used in the fields of loudspeaker assembling, energy power plants, transportation, anti-corrosion, ports and mines, military equipment, mechanical equipment, electronic appliances, and construction reinforcement.

Executives

Yao Qi Sheng	Directors, executives
Lu Wei	Executives
Wu Ming	Supervisors
Xu Hong Shan	Executives
Wen Dong Hua	Independent director
Wang Zhi Hua	Executives

Kangda New Materials (Group) Co (SZSE:002669) Headlines

No Headlines