West African Resources has the GF Score of 97, which implies that the company
might have
Highest outperformance potential.
The GF Score is a stock performance ranking system developed by GuruFocus using five aspects of valuation, which has been found to be closely correlated to the long-term performances of stocks by backtesting from 2006 to 2021. The stocks with a higher GF Score generally generate higher returns than those with lower GF Scores. Therefore, when picking stocks, investors should invest in companies with high GF Scores. The GF Score ranges from 0 to 100, with 100 as the highest rank.
GF Score takes following five key aspects into consideration:
Each one of these components is ranked and the ranks also have positive correlation with the long term performances of stocks. The GF score is calculated using the five key aspects of analysis. Through backtesting, we know that each of these key aspects has a different impact on the stock price performance. Thus, they are weighted differently when calculating the total score. The Profitability Rank and the Growth Rank are weighted fully, while other parameters have less weight.
Based on research and backtesting result, GuruFocus believes West African Resources
might have
Highest outperformance potential.
Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.
West African Resources (ASX:WAF) GF Score Explanation
Based on the historical long-term performances among five valuation aspects, the GF Score is found to be closely correlated to the long-term performances of stocks. It ranges from 0 to 100, with 100 as the highest. GuruFocus divided GF Score into following 5 categories:
GF Score
Performance Potential and All-in-One Screener Examples (1)
(1) These are some simple examples. You can access our GF Score filter under All-in-One Screener’s Fundamental tab.
West African Resources GF Score Related Terms
ASX:WAF vs NEM, AU: GF Score Comparison
For the Gold subindustry, West African Resources's GF Score, along with its competitors' market caps and GF Score 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 GF Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, West African Resources's GF Score distribution charts can be found below:
* The bar in red indicates where West African Resources's GF Score falls into.
West African Resources (ASX:WAF) has a GF Score of 97 as of Jun. 28, 2026. GF Score is a stock performance ranking system developed by GuruFocus using five aspects of valuation. View historical data on West African Resources and its competitors. This is 185% above median its historical median of 34.00. Over the past decade, West African Resources' GF Score has ranged from 8.00 to 96.00.
Is West African Resources' GF Score too high?
West African Resources' current GF Score of 97 is 185% above median its 10-year median of 34.00. Over the past 10 years, this metric has ranged from a low of 8.00 to a high of 96.00. Overall, West African Resources has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does West African Resources' GF Score compare to NEM and AU?
West African Resources' GF Score of 97 can be compared against companies in the Metals & Mining industry. Historically, West African Resources' own GF Score has ranged from 8.00 to 96.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good GF Score for a Metals & Mining company?
A good GF Score depends on the Metals & Mining industry context. However, GF Score 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 GF Score mean?
A high GF Score can signal that a stock is expensive relative to its fundamentals. GF Score is a stock performance ranking system developed by GuruFocus using five aspects of valuation. View historical data on West African Resources and its competitors. West African Resources's current GF Score is 97, which is 185% above median its own 10-year median of 34.00. 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$3.32, compared to a current price of A$2.88 — trading 13.3% below its estimated fair value. The current GF Score is 97, which is 185% above median its 10-year median of 34.00. West African Resources' overall GF Score™ is 97/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is GF Score calculated?
GF Score is calculated from a company's financial statements. For West African Resources (ASX:WAF), the current GF Score is 97 as of Jun. 28, 2026. 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$2.88 is trading 13.3% below its estimated GF Value™ of A$3.32.
GuruFocus considers West African Resources to be Modestly Undervalued.
Key valuation signals for ASX:WAF:
GF Score: 97 (185% above median its 10-year median of 34.00)
GF Value™: A$3.32 vs. price of A$2.88 (13.3% 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.
97GF Score
Get the complete analysis for ASX:WAF
GF Score 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 