Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
West African ResourcesASX:WAF -0.26%96 3-Year Book Growth Rate is 30.00% as of Dec. 2025, which is at its 10-year median of 30.00. GuruFocus rates ASX:WAF with a GF Score™ of 96/100 and a GF Value™ of A$4.67 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,179 Metals & Mining companies, West African Resources ranks better than 88.66% on this metric.
During the past 12 months, West African Resources's average Book Value per Share Growth Rate was 37.70% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 30.00% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 44.50% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of West African Resources was 122.40% per year. The lowest was -45.00% per year. And the median was 30.00% per year.
West African Resources (ASX:WAF) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
West African Resources 3-Year Book Growth Rate Related Terms
ASX:WAF vs NEM, AU: 3-Year Book Growth Rate Comparison
For the Gold subindustry, West African Resources's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.
West African Resources 3-Year Book Growth Rate vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, West African Resources's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where West African Resources's 3-Year Book Growth Rate falls into.
West African Resources 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 30.00% mean?
West African Resources (ASX:WAF) has a 3-Year Book Growth Rate of 30.00% as of Dec. 2025. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for West African Resources and its competitors. This is near median its historical median of 30.00. According to the industry distribution chart, West African Resources ranks #247 out of 2179 companies in the Metals & Mining industry, placing it in the top 11.3%.
Is West African Resources' 3-Year Book Growth Rate too high?
West African Resources' current 3-Year Book Growth Rate of 30.00% is near median its 10-year median of 30.00. Based on the distribution chart, West African Resources ranks #247 out of 2179 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, West African Resources has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does West African Resources' 3-Year Book Growth Rate compare to NEM and AU?
According to the Metals & Mining industry distribution chart, West African Resources ranks #247 out of 2179 companies for 3-Year Book Growth Rate. This places West African Resources in the top 11% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a Metals & Mining company?
A good 3-Year Book Growth Rate depends on the Metals & Mining industry context. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for West African Resources and its competitors. West African Resources's current 3-Year Book Growth Rate is 30.00%, which is near median its own 10-year median of 30.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West African Resources stock overvalued right now?
Based on GuruFocus' analysis, West African Resources (ASX:WAF) is currently considered Modestly Undervalued. The stock's GF Value™ is A$4.67, compared to a current price of A$3.90 — trading 16.5% below its estimated fair value. The current 3-Year Book Growth Rate is 30.00%, which is near median its 10-year median of 30.00. West African Resources' overall GF Score™ is 96/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For West African Resources (ASX:WAF), the current 3-Year Book Growth Rate is 30.00% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is West African Resources (ASX:WAF) Overvalued in 2026?
Based on GuruFocus' analysis, West African Resources stock appears to be undervalued.
The current stock price of A$3.90 is trading 16.5% below its estimated GF Value™ of A$4.67.
GuruFocus considers West African Resources to be Modestly Undervalued.
Key valuation signals for ASX:WAF:
3-Year Book Growth Rate: 30.00% (near median its 10-year median of 30.00)
GF Value™: A$4.67 vs. price of A$3.90 (16.5% below fair value)
No single metric tells the full story. See the ASX:WAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
West African Resources Ltd is engaged in mineral exploration in Burkina Faso. It focuses on the development of the Sanbrado Gold Project. The Group's mineral portfolio also includes gold and copper-gold exploration permits in Burkina Faso. The operating segments of the Company that includes Mining Operations: comprise the Sanbrado Gold Project operation located in Burkina Faso. Construction and E&E segment comprises mines under construction andexploration and evaluation (E&E) projects in locations other than Sanbrado.
96GF Score
Get the complete analysis for ASX:WAF
3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:WAF has been successfully added to your 
