Toro Energy (Toro Energy) GF Value Rank : 0 (As of Jun. 11, 2024)

View and export this data going back to 2006. Start your Free Trial

What is Toro Energy GF Value Rank?

Toro Energy 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.

Toro Energy GF Value Rank Related Terms

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

Toro Energy (Toro Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Toro Energy Ltd (OTCPK:TOEYF) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

T4W:Germany TOE:Australia

Address

60 Havelock Street, West Perth, Perth, WA, AUS, 6005

Website

https://www.toroenergy.com.au

Toro Energy Ltd is a uranium development and exploration company with projects in Western Australia. Its operating areas are Evaluation and Exploration. The company's Wiluna Uranium Project comprises of Centipede, Millipede, Lake Maitland, and Lake Way deposits, Dusty Nickel Project, Yandal Gold Project, and Theseus Uranium Project.

Toro Energy (Toro Energy) Headlines

No Headlines