NH Investment & Securities Co (XKRX:005940) GF Value Rank : 1 (As of Jun. 08, 2024)

View and export this data going back to 1975. Start your Free Trial

What is NH Investment & Securities Co GF Value Rank?

NH Investment & Securities 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 NH Investment & Securities Co's GF Value Rank

For the Capital Markets subindustry, NH Investment & Securities 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.

NH Investment & Securities Co's GF Value Rank Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, NH Investment & Securities Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where NH Investment & Securities Co's GF Value Rank falls into.

NH Investment & Securities Co GF Value Rank Related Terms

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

NH Investment & Securities Co (XKRX:005940) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » NH Investment & Securities Co Ltd (XKRX:005940) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

005945:Korea

Address

Yeoeuido-dong 60, Yeoeuidae-ro, Yeongdeungpo-gu, Seoul, KOR

Website

https://www.nhqv.com

NH Investment & Securities Co Ltd is a Korea-based financial-services provider that focuses on investment banking and securities markets. The company is engaged in the businesses of brokerage and wealth management, sales and trading, and investment banking. The brokerage and wealth management business provides wealth management services through brokerage and customized financial products. The sales and trading business provides client-tailored structured products. The investment banking business provides financial solutions that include business consulting, mergers and acquisitions, as well as advisory services.

NH Investment & Securities Co (XKRX:005940) Headlines

No Headlines