GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PhosCo Ltd (ASX:PHO) » Definitions » GF Value Rank

PhosCo (ASX:PHO) GF Value Rank : 0 (As of Dec. 11, 2024)


View and export this data going back to 2009. Start your Free Trial

What is PhosCo GF Value Rank?

PhosCo 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.

PhosCo GF Value Rank Related Terms

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

PhosCo Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PhosCo Ltd (ASX:PHO) » Definitions » GF Value Rank
Comparable Companies
ASX:PAT ASX:CUF ASX:GTR ASX:ANX ASX:SLB ASX:MRR ASX:ASE ASX:AKO ASX:ITM ASX:OD6 ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL MEX:GMEXICOB MIC:GMKN
Traded in Other Exchanges
N/A
Address
96-100 Albert Road, Level 4, South Melbourne, Melbourne, VIC, AUS, 3205
Website
https://www.phosco.com.au
PhosCo Ltd is focused on the exploration and development of resource projects in North Africa. Its projects include the Chaketma Phosphate project in Tunisia, which is a phosphate project with the potential to be an integrated fertilizer operation; and Djebba and Zeflana Zinc projects for base metals deposits. The Group operates in one geographic segment: Tunisia.

PhosCo Headlines