New Destiny Valuation

NED Stock  CAD 0.03  0.01  25.00%   
New Destiny seems to be fairly valued based on Macroaxis valuation methodology. Our model forecasts the value of New Destiny Mining from analyzing the firm fundamentals such as Shares Outstanding of 22.61 M, number of shares shorted of 1.4 K, and Return On Asset of -19.8 as well as examining its technical indicators and probability of bankruptcy.
Price Book
36.957
Enterprise Value
699.1 K
Enterprise Value Ebitda
(2.70)
Fairly Valued
Today
0.03
Please note that New Destiny's price fluctuation is out of control at this time. Calculation of the real value of New Destiny Mining is based on 3 months time horizon. Increasing New Destiny's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the New stock is determined by what a typical buyer is willing to pay for full or partial control of New Destiny Mining. Since New Destiny is currently traded on the exchange, buyers and sellers on that exchange determine the market value of New Stock. However, New Destiny's 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  0.03 Real  0.0288 Hype  0.03 Naive  0.0375
The intrinsic value of New Destiny's 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 New Destiny's 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.
0.03
Real Value
6.62
Upside
Estimating the potential upside or downside of New Destiny Mining helps investors to forecast how New 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 New Destiny more accurately as focusing exclusively on New Destiny's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.030.050.07
Details
Hype
Prediction
LowEstimatedHigh
0.000.036.62
Details
Naive
Forecast
LowNext ValueHigh
0.00080.046.63
Details

New Destiny Cash

91.2

New Destiny Total Value Analysis

New Destiny Mining is now estimated to have takeover price of 699.14 K with market capitalization of 904.23 K, debt of 21.07 K, and cash on hands of 8.49 K. 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 New Destiny fundamentals before making investing decisions based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
699.14 K
904.23 K
21.07 K
8.49 K

New Destiny Asset Utilization

One of the ways to look at asset utilization of New is to check how much profit was generated for every dollar of assets it reports. New Destiny Mining secures a negative usage of assets of -19.8 %, losing C$0.2 for each dollar of assets held by the firm. Inadequate asset utilization conveys that the company is being less effective with each dollar of assets it secures. Strictly speaking, asset utilization of New Destiny Mining shows how discouraging it operates for each dollar spent on its assets.
 
Covid

New Destiny Ownership Allocation

New Destiny Mining maintains a total of 22.61 Million outstanding shares. Roughly 97.37 % of New Destiny outstanding shares are held by general public with 2.63 pct. owned by insiders and only 0.0 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.

New Destiny Profitability Analysis

Net Loss for the year was (740.64 K) with profit before overhead, payroll, taxes, and interest of 0.

About New Destiny Valuation

Our relative valuation model uses a comparative analysis of New Destiny. We calculate exposure to New Destiny's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of New Destiny's related companies.

Additional Tools for New Stock Analysis

When running New Destiny's price analysis, check to measure New Destiny's 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 New Destiny is operating at the current time. Most of New Destiny's value examination focuses on studying past and present price action to predict the probability of New Destiny's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Destiny's price. Additionally, you may evaluate how the addition of New Destiny to your portfolios can decrease your overall portfolio volatility.