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Norandaome Fund (Norandaome Fund) Growth Rank : 3 (As of May. 26, 2024)


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What is Norandaome Fund Growth Rank?

Norandaome Fund has the Growth Rank of 3.

GuruFocus Growth Rank measures the growth of a company in terms of its revenue and profitability. Historically, the companies with the highest growth ranks performed the best over the long term. It is calculated using the following criteria:

1. 5-year revenue growth rate, the higher, the better.
2. 3-year revenue growth rate, the higher, the better.
3. 5-year EBITDA growth rate, the higher, the better.
4. The predictability of 5-year revenue. The most consistent it is, the higher the rank.

GuruFocus found that the Growth Rank is the second of the two most-sensitive parameters among the five parameters checked. Please click GF Score to see more details on GF Score's 5 Key Aspects of Analysis.

Please note that we are using the five-year EBITDA growth rate as a parameter, so the company needs to have had positive growth over that time. The reason we use EBITDA instead of earnings per share is that with EBITDA, we can rank a lot more companies since a company may have positive EBITDA but negative EPS. Since we are looking at the growth here, EBITDA gives us a pretty clear picture about the growth in the company's business operations.


Competitive Comparison of Norandaome Fund's Growth Rank

For the Other Industrial Metals & Mining subindustry, Norandaome Fund's Growth Rank, along with its competitors' market caps and Growth 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.


Norandaome Fund's Growth Rank Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Norandaome Fund's Growth Rank distribution charts can be found below:

* The bar in red indicates where Norandaome Fund's Growth Rank falls into.



Norandaome Fund Growth Rank Related Terms

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


Norandaome Fund (Norandaome Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, First Canadian Place, Suite 6900, P.O. Box 403, Toronto, ON, CAN, M5X 1E3
Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.

Norandaome Fund (Norandaome Fund) Headlines

From GuruFocus

Noranda Income Fund Announces Court Approval of Acquisition by Glencore

By GlobeNewswire GlobeNewswire 03-03-2023

Noranda Income Fund Annual General Meeting Voting Results

By GlobeNewswire GlobeNewswire 06-16-2022

Noranda Income Fund Announces Class Action Settlement Agreement

By GlobeNewswire GlobeNewswire 08-19-2020

Noranda Income Fund Announces Fourth Quarter and Fiscal 2021 Results

By GlobeNewswire GlobeNewswire 02-25-2022

Noranda Income Fund Announces First Quarter 2022 Results

By GlobeNewswire GlobeNewswire 04-29-2022

Noranda Income Fund Receives Unitholder Meeting Requisition

By GlobeNewswire GlobeNewswire 11-25-2022