Clean Air Metals (TSXV:AIR) GF Value Rank : 0 (As of Dec. 15, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Clean Air Metals GF Value Rank?

Clean Air Metals 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.

Clean Air Metals GF Value Rank Related Terms

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

Clean Air Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Clean Air Metals Inc (TSXV:AIR) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

CLRMF:USA

Address

100 King Street West, Suite 3400, Toronto, ON, CAN, M5X 1A4

Website

https://www.cleanairmetals.ca

Clean Air Metals Inc is engaged in mineral exploration and evaluation. The projects of the company include Thunder Bay North Property, Located approximately 50km northeast of the city of Thunder Bay, within the Thunder Bay Mining Division, in Ontario, Canada, and Triple Flag Net Smelter Royalty.

Executives

Mike Lawrence Garbutt	Senior Officer
Stephen House	Director or Senior Officer of 10% Security Holder
Maryann Elizabeth Crichton	Director
James Elvin Gallagher	Director
Dean Ronald Chambers	Director
Abraham Peter Drost	Director, Senior Officer
Stephen Stares	Director or Senior Officer of 10% Security Holder
Evan Asselstine	Director or Senior Officer of 10% Security Holder
1832 Asset Management L.p.	10% Security Holder