New Found Valuation
| NFG Stock | CAD 2.38 0.12 5.31% |
Based on Macroaxis valuation methodology, the firm appears to be overvalued. New Found Gold secures a last-minute Real Value of C$2.17 per share. The latest price of the firm is C$2.38. Our model forecasts the value of New Found Gold from analyzing the firm fundamentals such as Return On Equity of -1.1, shares owned by insiders of 44.04 %, and Current Valuation of 432.9 M as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting New Found's valuation include:
Price Book 5.9992 | Enterprise Value 432.9 M | Enterprise Value Ebitda (11.02) |
Overvalued
Today
Please note that New Found's price fluctuation is very risky at this time. Calculation of the real value of New Found Gold is based on 3 months time horizon. Increasing New Found'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 Found Gold. Since New Found is currently traded on the exchange, buyers and sellers on that exchange determine the market value of New Stock. However, New Found'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 2.38 | Real 2.17 | Hype 2.35 |
The intrinsic value of New Found'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 Found'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.
Estimating the potential upside or downside of New Found Gold 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 Found more accurately as focusing exclusively on New Found's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use New Found's intrinsic value based on its ongoing forecasts of New Found's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against New Found's closest peers.
New Found Cash |
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New Valuation Trend
Analysing the historical paterns of New Found's enterprise value and its market capitalization is a good way to estimate and gauge the value of New Found Gold over time and is usually enough for investors to make rational market timing decisions.
New Found Total Value Analysis
New Found Gold is now estimated to have takeover price of 432.9 M with market capitalization of 473.4 M, debt of 19.08 M, and cash on hands of 62.91 M. 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 Found fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
432.9 M | 473.4 M | 19.08 M | 62.91 M |
New Found 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 Found Gold secures a negative usage of assets of -0.66 %, losing C$0.006586 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 Found Gold shows how discouraging it operates for each dollar spent on its assets.New Found Ownership Allocation
New Found Gold maintains a total of 198.91 Million outstanding shares. New Found Gold holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. 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 Found Profitability Analysis
Net Loss for the year was (79.89 M) with profit before overhead, payroll, taxes, and interest of 0.About New Found Valuation
Our relative valuation model uses a comparative analysis of New Found. We calculate exposure to New Found's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of New Found's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | -940.2 K | -893.2 K |
Additional Tools for New Stock Analysis
When running New Found's price analysis, check to measure New Found'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 Found is operating at the current time. Most of New Found's value examination focuses on studying past and present price action to predict the probability of New Found'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 Found's price. Additionally, you may evaluate how the addition of New Found to your portfolios can decrease your overall portfolio volatility.