Niocorp Developments Ltd Stock Current Valuation
| NIOBW Stock | 0.1 0.01 13.64% |
Valuation analysis of NioCorp Developments helps investors to measure NioCorp Developments' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. At this time, NioCorp Developments' Cash is fairly stable compared to the past year. Begin Period Cash Flow is likely to climb to about 2.9 M in 2024, whereas Free Cash Flow is likely to drop (12.3 M) in 2024.
Overvalued
Today
Please note that NioCorp Developments' price fluctuation is out of control at this time. Calculation of the real value of NioCorp Developments is based on 3 months time horizon. Increasing NioCorp Developments' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the NioCorp stock is determined by what a typical buyer is willing to pay for full or partial control of NioCorp Developments Ltd. Since NioCorp Developments is currently traded on the exchange, buyers and sellers on that exchange determine the market value of NioCorp Stock. However, NioCorp Developments' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 0.095 | Real 0.0895 | Hype 0.06 |
The intrinsic value of NioCorp Developments' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence NioCorp Developments' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of NioCorp Developments Ltd helps investors to forecast how NioCorp stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of NioCorp Developments more accurately as focusing exclusively on NioCorp Developments' fundamentals will not take into account other important factors: NioCorp Developments Ltd Company Current Valuation Analysis
NioCorp Developments' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
NioCorp Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for NioCorp Developments is extremely important. It helps to project a fair market value of NioCorp Stock properly, considering its historical fundamentals such as Current Valuation. Since NioCorp Developments' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NioCorp Developments' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NioCorp Developments' interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, NioCorp Developments Ltd has a Current Valuation of 0.0. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The current valuation for all United States stocks is 100.0% higher than that of the company.
NioCorp Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NioCorp Developments' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NioCorp Developments could also be used in its relative valuation, which is a method of valuing NioCorp Developments by comparing valuation metrics of similar companies.NioCorp Developments is currently under evaluation in current valuation category among its peers.
NioCorp Fundamentals
| Number Of Shares Shorted | 38.52 K | ||||
| EBITDA | (8.02 M) | ||||
| Net Income | (11.44 M) | ||||
| Total Debt | 7.66 M | ||||
| Cash Flow From Operations | (11.73 M) | ||||
| Total Asset | 20.07 M | ||||
| Retained Earnings | (161.91 M) | ||||
| Working Capital | (9.04 M) | ||||
| Net Asset | 20.07 M |
About NioCorp Developments Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NioCorp Developments Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NioCorp Developments using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NioCorp Developments Ltd based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for NioCorp Stock Analysis
When running NioCorp Developments' price analysis, check to measure NioCorp Developments' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NioCorp Developments is operating at the current time. Most of NioCorp Developments' value examination focuses on studying past and present price action to predict the probability of NioCorp Developments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NioCorp Developments' price. Additionally, you may evaluate how the addition of NioCorp Developments to your portfolios can decrease your overall portfolio volatility.