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Newton Resources (HKSE:01231) GF Score : 77/100 (As of May. 14, 2024)


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What is Newton Resources GF Score?

Newton Resources has the GF Score of 77, which implies that the company is Likely to have average performance.

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:

1. Financial Strength : 7/10
2. Profitability Rank : 4/10
3. Growth Rank : 8/10
4. GF Value Rank : 4/10
5. Momentum Rank : 6/10

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 Newton Resources is Likely to have average performance.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Newton Resources's GF Score

For the Steel subindustry, Newton 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.


Newton Resources's GF Score Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Newton Resources's GF Score distribution charts can be found below:

* The bar in red indicates where Newton Resources's GF Score falls into.



Newton Resources  (HKSE:01231) 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)
91 - 100Highest outperformance potential
81 - 90Good outperformance potential
71 - 80Likely to have average performance
51 - 70Poor future performance potential
0 - 50Worst future performance potential, or not enough data

(1) These are some simple examples. You can access our GF Score filter under All-in-One Screener’s Fundamental tab.


Newton Resources GF Score Related Terms

Thank you for viewing the detailed overview of Newton Resources's GF Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Newton Resources (HKSE:01231) Business Description

Traded in Other Exchanges
N/A
Address
248 Queen's Road East, Units 4204-05, 42/Floor, Dah Sing Financial Centre, Wan Chai, HKG
Newton Resources Ltd is engaged in trading of iron ore and other commodities. The company recognized revenue derived from sales of iron ore products and other commodities from Mainland China and Other countries.

Newton Resources (HKSE:01231) Headlines

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