Nex Metals Exploration (ASX:NME) Valuation Rank


What is Nex Metals Exploration 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.

Nex Metals Exploration Valuation Rank Related Terms

Nex Metals Exploration Business Description

Address 45 Guthrie Street, Osborne Park, Perth, WA, AUS, 6017
Nex Metals Exploration Ltd engages in the exploration and mining of mineral properties in Western Australia. It explores for gold, copper, and nickel. The company holds an interest in the Kookynie Gold Project, Yundamindra Gold Project, and Kookynie Tailings Research Project. The company generates majority of the revenue from Australia.