Altius Minerals (TSX:ALS) GF Value Rank : 1 (As of Dec. 12, 2024)

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What is Altius Minerals GF Value Rank?

Altius Minerals has the GF Value Rank of 1.

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.

Competitive Comparison of Altius Minerals's GF Value Rank

For the Other Industrial Metals & Mining subindustry, Altius Minerals's GF Value Rank, along with its competitors' market caps and GF Value Rank 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.

Altius Minerals's GF Value Rank Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Altius Minerals's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Altius Minerals's GF Value Rank falls into.

Altius Minerals GF Value Rank Related Terms

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Altius Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Altius Minerals Corp (TSX:ALS) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

ATUSF:USA 0UHC:UK VTM:Germany

Address

38 Duffy Place, 2nd Floor, St. John\'s, NL, CAN, A1B 4M5

Website

https://www.altiusminerals.com

Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, nickel, cobalt, lithium, potash, and iron ore. The corporation also holds other pre-development stage royalty interests and various earlier-stage royalties. It is engaged in the operating segments of Mineral Royalties, Renewable Royalties, and Project Generation. It generates the majority of its revenue from Mineral Royalties.

Executives

André Gaumond	Director
Frederick James Mifflin	Director
Brian Dalton	Director, Senior Officer
James Digby Ronald Strauss	Director
Altius Minerals Corporation	Issuer
Chad Wells	Senior Officer
Stephen Lawrence Winter	Senior Officer
Benjamin Gerard Lewis	Senior Officer
Teresa Conway	Director
Donald James Warr	Director
Anna Stylianides	Director

Altius Minerals Headlines

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