29Metals Valuation
| 29M Stock | 0.37 0.01 2.78% |
29Metals seems to be overvalued based on Macroaxis valuation methodology. Our model approximates the value of 29Metals from inspecting the entity fundamentals such as Shares Outstanding of 702.07 M, price to book of 0.80 X, and Profit Margin of (0.53) % as well as reviewing its technical indicators and probability of bankruptcy.
Price Book 0.8007 | Enterprise Value 425.5 M | Enterprise Value Ebitda (1.96) | Price Sales 0.5598 | Forward PE 71.9424 |
Overvalued
Today
Please note that 29Metals' price fluctuation is out of control at this time. Calculation of the real value of 29Metals is based on 3 months time horizon. Increasing 29Metals' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
29Metals' intrinsic value may or may not be the same as its current market price of 0.37, 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 0.37 | Real 0.34 | Hype 0.37 | Naive 0.36 |
The intrinsic value of 29Metals' 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 29Metals' 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 29Metals helps investors to forecast how 29Metals 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 29Metals more accurately as focusing exclusively on 29Metals' fundamentals will not take into account other important factors: 29Metals Cash |
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29Metals Total Value Analysis
29Metals is presently expected to have takeover price of 425.48 M with market capitalization of 256.26 M, debt of 271.33 M, and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the 29Metals fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
425.48 M | 256.26 M | 271.33 M |
29Metals Investor Information
About 14.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 0.8. In the past many companies with similar price-to-book ratios have beat the market. 29Metals recorded a loss per share of 0.33. The entity last dividend was issued on the 15th of September 2022. Based on the key indicators related to 29Metals' liquidity, profitability, solvency, and operating efficiency, 29Metals is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in December.29Metals Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. 29Metals has an asset utilization ratio of 46.26 percent. This implies that the Company is making USD0.46 for each dollar of assets. An increasing asset utilization means that 29Metals is more efficient with each dollar of assets it utilizes for everyday operations.29Metals Ownership Allocation
29Metals holds a total of 702.07 Million outstanding shares. The majority of 29Metals outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in 29Metals to benefit from reduced commissions. Hence, institutional investors are subject to a different set of regulations than regular investors in 29Metals. Please pay attention to any change in the institutional holdings of 29Metals as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.29Metals Profitability Analysis
The company reported the revenue of 453.88 M. Net Loss for the year was (440.46 M) with profit before overhead, payroll, taxes, and interest of 3.89 M.About 29Metals Valuation
The stock valuation mechanism determines 29Metals' current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of 29Metals based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of 29Metals. We calculate exposure to 29Metals's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of 29Metals's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | -94.6 M | -89.9 M |
Additional Tools for 29Metals Stock Analysis
When running 29Metals' price analysis, check to measure 29Metals' 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 29Metals is operating at the current time. Most of 29Metals' value examination focuses on studying past and present price action to predict the probability of 29Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 29Metals' price. Additionally, you may evaluate how the addition of 29Metals to your portfolios can decrease your overall portfolio volatility.