Visionox Technology (SZSE:002387) GF Value Rank : 7 (As of Oct. 09, 2024)

View and export this data going back to 2010. Start your Free Trial

What is Visionox Technology GF Value Rank?

Visionox Technology has the GF Value Rank of 7.

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 Visionox Technology's GF Value Rank

For the Electronic Components subindustry, Visionox Technology'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.

Visionox Technology's GF Value Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Visionox Technology's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Visionox Technology's GF Value Rank falls into.

Visionox Technology GF Value Rank Related Terms

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

Visionox Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Visionox Technology Inc (SZSE:002387) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1,Longteng Road, Kunshan Economic&Technological Development Zone, Jiangsu, Shanghai, CHN, 215300

Website

http://www.visionox.com

Visionox Technology Inc is engaged in OLED technology development. The products of the company include AMOLED displays, PMOLED displays, and displays for industrial use. The company also provides after sales service.

Executives

Zhang De Qiang	Directors, executives
Yan Ruo Yuan	Directors, executives
Lin Xiu Hai	Directors, executives
Lin Xiu Hao	Director
He Wen Biao	Independent director
Huang Xun Cai	Supervisors
Chen Ru	Director
Huang Shu Zhong	Director, Director Secretary
He Yu Long	Directors, executives
Deng Chan Yu	Supervisors
Lin Shao Ping	Supervisors
Wu Di Nian	Directors, executives
Chen Ke Mei	Executives
Yao Li Chang	Director
Lin Xi Qin	Executives

Visionox Technology Headlines

No Headlines