GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Artemis Gold Inc (OTCPK:ARGTF) » Definitions » GF Value Rank

Artemis Gold (Artemis Gold) GF Value Rank : 0 (As of May. 17, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Artemis Gold GF Value Rank?

Artemis Gold 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.

Artemis Gold GF Value Rank Related Terms

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

Artemis Gold (Artemis Gold) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Artemis Gold Inc (OTCPK:ARGTF) » Definitions » GF Value Rank
Comparable Companies
TSX:OSK TSXV:NFG TSX:WDO TSX:AAUC TSX:NGD TSX:TXG TSX:KNT TSX:FVI TSX:KRR TSX:OLA SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL SHSE:600547 ASX:NCM JSE:GFI
Traded in Other Exchanges
ARTG:Canada
Address
595 Burrard Street, Three Bentall Centre, Suite 3083, P.O. Box 49298, Vancouver, BC, CAN, V7X 1L3
Website
https://www.artemisgoldinc.com
Artemis Gold Inc is a Canadian-based company. It is a growth-oriented gold development company. The company holds interests in the GK project and Blackwater Gold Project located in British Columbia. It has one segment being the exploration and development of mineral properties.

Artemis Gold (Artemis Gold) Headlines