EA Technique (M) Bhd (XKLS:5259) GF Value Rank : 0 (As of May. 20, 2024)

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What is EA Technique (M) Bhd GF Value Rank?

EA Technique (M) Bhd has the GF Value Rank of 0.

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.

EA Technique (M) Bhd GF Value Rank Related Terms

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EA Technique (M) Bhd (XKLS:5259) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » EA Technique (M) Bhd (XKLS:5259) » Definitions » GF Value Rank

Traded in Other Exchanges

N/A

Address

No.2 Jalan Setiawangsa 11, Setiawangsa Business Suites, Unit C-3A-3A, Taman Setiawangsa, Kuala Lumpur, MYS, 54200

Website

https://www.eatechnique.com.my

EA Technique (M) Bhd is engaged in the business of marine transportation and offshore storage of oil & gas and provision of port marine services. The company is an owner and operator of marine vessels. The company is involved in the charter of various types of tankers for the transportation and offshore storage of oil & gas, the charter of marine support vessels for the provision of port marine services and charter of Offshore Support Vessels in the form of fast crew boats to transport personnel/light cargoes between shore and platform, platform and platform and other offshore facilities. The company has sole operating segment which is Charter hire segment. The group primarily operates in Malaysia.

EA Technique (M) Bhd (XKLS:5259) Headlines

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