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Accelerate Resources (ASX:AX8) Valuation Rank


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What is Accelerate 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.

Accelerate Resources Valuation Rank Related Terms

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Accelerate Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Accelerate Resources Ltd (ASX:AX8) » Definitions » Valuation Rank
Comparable Companies
ASX:EM2 ASX:LPM ASX:FLG ASX:PR2 ASX:REE ASX:IND ASX:GRE ASX:BCA ASX:FL1 ASX:SUM ASX:BHP ASX:RIO LSE:RIO SAU:1211 LSE:GLEN BSP:VALE3 MEX:GMEXICOB LSE:AAL ASX:FMG MIC:GMKN
Traded in Other Exchanges
N/A
Address
16 Ord Street, Suite 1, Ground Floor, Unit G1, West Perth, Perth, WA, AUS, 6005
Website
https://www.ax8.com.au
Accelerate Resources Ltd is an Australia-based company engaged in the business of investment in the resources sector. It focuses on Manganese, lithium and other minerals exploration. The company's projects include Comet gold project, Pilbara lithium project, Braeside West and Ripon Hills East Manganese Projects and Mt Read Project. The Group has organised its operations into one reportable segment being: Exploration and evaluation assets, which includes assets that are associated with the determination and assessment of the existence of commercial economic reserves.