Athena Resources (ASX:AHN) Valuation Rank


What is Athena Resources Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.

Athena Resources Valuation Rank Related Terms

Athena Resources Business Description

Address 1 Spring Street, Level 33, Mia Yellagonga Tower 3, Perth, WA, AUS, 6000
Athena Resources Ltd is a Western Australian mineral exploration company focused on acquiring and developing projects for mining operations. The Company's flagship is the Byro Magnetite Project located in Western Australia. The Byro Iron Ore Project is near proposed infrastructure that supports resource development and aims to produce high-grade magnetite concentrate for industrial applications. Its activities focus predominantly in the Midwest region of Western Australia. The company operated principally in one business segment, being mineral exploration within Australia.