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NextSource Materials (NextSource Materials) GF Value Rank : 0 (As of Jun. 09, 2024)


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What is NextSource Materials GF Value Rank?

NextSource Materials has the GF Value Rank of 0.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


NextSource Materials GF Value Rank Related Terms

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NextSource Materials (NextSource Materials) Business Description

Traded in Other Exchanges
Address
130 King Street West, Exchange Tower, Suite 1940, Toronto, ON, CAN, M5X 2A2
NextSource Materials Inc is a strategic materials development company based in Toronto, Canada. The company's Molo graphite project in Madagascar is one of the largest known and highest-quality graphite deposits globally, and contains SuperFlake graphite. The company also holds an interest in Green Giant Vanadium Project.
Executives
Marc Johnson officer: Chief Financial Officer 2709-25 CAPREOL COURT, TORONTO A6 M5V3Z7
Robin Borley director PO BOX 7377, SECUNDA T3 2302
Dino Arduino Comand director 131 GARDEN AVENUE, ANCASTER A6 L9G4V9
Dalton Leroy Larson director 3629 CANTERBURY DRIVE, SURREY A1 V3Z 0X5
Vr Capital Holdings Ltd. 10 percent owner C/O INTERTRUST CORPORATE SVCS (CAYMAN), 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Vr Capital Participation Ltd. 10 percent owner C/O INTERTRUST CORPORATE SVCS (CAYMAN), 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Richard Deitz 10 percent owner NIDDRY LODGE, 51 HOLLAND STREET, LONDON X0 W8 7JB
Vr Capital Group Ltd. 10 percent owner DUBAI INTERNATIONAL FINANCIAL CENTRE, GATE VILLAGE BLDG. 4, SUITE 402, DUBAI C0 506755
Vr Global Partners, L.p. 10 percent owner INTERTRUST CORPORATE SERVICES (CAYMAN), 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Vr Advisory Services Ltd 10 percent owner INTERTRUST CORPORATE SERVICES (CAYMAN), ONE NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9005
Thiess Albert Adolph Jr. director 8 LAWSON'S POND, BLUFFTON SC 29910
De Bruin Johann K. director 1283 DUNWOODIE AVENUE, WAVERLEY T3 XXXXX
Richard Quesnel director SUITE 520, 141 ADELAIDE STREET WEST, TORONTO A6 M5H 3L5
Peter D Liabotis officer: VP Finance SUITE 520, 141 ADELAIDE STREET WEST, TORONTO A6 M5H 3L5
Craig S Scherba director, officer: VP - Exploration SUITE 520, 141 ADELAIDE STREET WEST, TORONTO A6 M5H 3L5