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Calpine (Calpine) GF Value Rank : 0 (As of Apr. 27, 2024)


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What is Calpine GF Value Rank?

Calpine 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.


Calpine GF Value Rank Related Terms

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Calpine (Calpine) Business Description

Traded in Other Exchanges
N/A
Address
Calpine is the largest natural gas power producer in the United States, with 3.0 GW of simple-cycle combustion turbines, 6.3 GW of combined-cycle cogeneration, and 15.8 GW of combined-cycle combustion turbines. It also owns 725 MW of geothermal generation in California geothermal generation and 4 MW of solar generation.
Executives
David C Merritt director CHARTER COMMUNICATIONS INC, 12405 POWERSCOURT DRIVE, ST LOUIS MO 63131
W. Thaddeus Miller officer: EVP, CLO and Secretary 717 TEXAS AVENUE, SUITE 1000, HOUSTON TX 77002
Jack A Fusco director C/O FOSTER WHEELER LTD., PERRYVILLE CORPORATE PARK, CLINTON NJ 08809
Frank Cassidy director
Thad Hill director, officer: President & CEO 717 TEXAS AVENUE, SUITE 1000, HOUSTON TX 77002
Mosbacher Robert A Jr director 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
W Benjamin Moreland director C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC., 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
Laurie Brlas director C/O ALBEMARLE CORPORATION, 4250 CONGRESS ST STE 900, CHARLOTTE NC 28209
Denise M Oleary director MEDTRONIC INC, 710 MEDTRONIC PKWY, MS LC310, MINNEAPOLIS MN 55432-5604
San Francisco Partners Lp 10 percent owner PO BOX 2722, C/O SPO PARTNERS & CO, SAN ANSELMO CA 94979
Spo Advisory Corp 10 percent owner PO BOX 2722, C/O SPO PARTNERS & CO, SAN ANSELMO CA 94979
Sf Advisory Partners Lp 10 percent owner 591 REDWOOD HIGHWAY STE 3215, C/O SPO PARTNERS & CO, MILL VALLEY CA 94941
Spo Partners Ii Lp 10 percent owner PO BOX 2722, C/O SPO PARTNERS & CO, SAN ANSELMO CA 94979
John H Scully 10 percent owner 591 REDWOOD HIGHWAY, SUITE 3215, MILL VALLEY CA 94941
Spo Advisory Partners Lp 10 percent owner 591 REDWOOD HIGHWAY, STE 3215, MILL VALLEY CA 94941

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