GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Equatorial Resources Ltd (ASX:EQX) » Definitions » Valuation Rank

Equatorial Resources (ASX:EQX) Valuation Rank


View and export this data going back to 1987. Start your Free Trial

What is Equatorial 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.

Equatorial Resources Valuation Rank Related Terms

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

Equatorial Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Equatorial Resources Ltd (ASX:EQX) » Definitions » Valuation Rank
Comparable Companies
ASX:EQN ASX:PLG ASX:M4M ASX:GWR ASX:IRD NUE BOM:500228 STLD NSE:TATASTEEL TSE:5401 SHSE:600019 XAMS:MT RS XKRX:005490 SHSE:600010 BOM:532286 TPE:2002 MIC:CHMF X SZSE:000708
Traded in Other Exchanges
N/A
Address
28 The Esplanade, Level 9, BGC Centre, Perth, WA, AUS, 6000
Website
https://www.equatorialresources.com.au
Equatorial Resources Ltd is an iron ore exploration and development company. The company's iron ore projects are located in the Republic of Congo (ROC). The company focuses on advancing its existing mineral resource assets in Africa, as well as searching for new opportunities in the resources sector. It operates the Badondo Iron Project located in the northwest region of the Republic of Congo. Central & West Africa hosts a regional distribution of undeveloped world-class high-grade iron ore deposits. It is comprised of the same rock type and similar geological formation as the Carajas System in South America.