GoGold Resources Valuation
| GGD Stock | CAD 1.31 0.02 1.50% |
Today, the firm appears to be overvalued. GoGold Resources retains a regular Real Value of C$1.08 per share. The prevalent price of the firm is C$1.31. Our model calculates the value of GoGold Resources from examining the firm fundamentals such as Return On Equity of -0.0184, operating margin of (0.24) %, and Return On Asset of -0.0246 as well as evaluating its technical indicators and probability of bankruptcy. In general, most investors encourage obtaining undervalued assets and abandoning overvalued assets since, at some point in time, asset prices and their ongoing real values will come together. Key fundamental drivers impacting GoGold Resources' valuation include:
Price Book 1.216 | Enterprise Value 348.5 M | Enterprise Value Ebitda (92.99) | Price Sales 16.4415 | Forward PE 52.6316 |
Overvalued
Today
Please note that GoGold Resources' price fluctuation is dangerous at this time. Calculation of the real value of GoGold Resources is based on 3 months time horizon. Increasing GoGold Resources' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for GoGold Resources is useful when determining the fair value of the GoGold stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of GoGold Resources. Since GoGold Resources is currently traded on the exchange, buyers and sellers on that exchange determine the market value of GoGold Stock. However, GoGold Resources' 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 1.31 | Real 1.08 | Hype 1.31 | Naive 1.22 |
The real value of GoGold Stock, also known as its intrinsic value, is the underlying worth of GoGold Resources Company, which is reflected in its stock price. It is based on GoGold Resources' financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of GoGold Resources' 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 GoGold Resources' 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 GoGold Resources helps investors to forecast how GoGold 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 GoGold Resources more accurately as focusing exclusively on GoGold Resources' 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 GoGold Resources' intrinsic value based on its ongoing forecasts of GoGold Resources' financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against GoGold Resources' closest peers. When choosing an evaluation method for GoGold Resources, ensure it is appropriate for the firm given its current financial situation and market classification. If more than one evaluation category is relevant, we suggest using both methods to arrive at a better estimate.
GoGold Resources Investments |
|
GoGold Valuation Drivers Correlation
Many accounts on the financial statements of GoGold Resources are highly interrelated and sometimes correlated. Consequently, when conducting GoGold's valuation analysis, one should examine all of the accounts reported to obtain a complete picture of its financial situation. We provide a unique feature to present a conventional correlation table purposely composed against different valuation-related drivers of GoGold
Click cells to compare fundamentals
GoGold Valuation Trend
Knowing GoGold Resources' actual value is paramount for traders to make sound investment determinations. GoGold Resources' real value is not only important for the investor to make better decisions but also for a more accurate overall view of GoGold Resources' financial worth over time since having this information enables investors and analysts to forecast the earnings more efficiently. Using both GoGold Resources' enterprise value as well as its market capitalization is the best way to gauging the value of the company and is usually enough for investors to make market timing descisions.
GoGold Market Cap
GoGold Resources is one of the top stocks in market capitalization category among related companies. Market capitalization of Materials industry is currently estimated at about 1.07 Billion. GoGold Resources totals roughly 437.05 Million in market capitalization claiming about 41% of all equities under Materials industry.GoGold Resources Valuation Ratios as Compared to Competition
Comparative valuation techniques use various fundamental indicators to help in determining GoGold Resources's current stock value. Our valuation model uses many indicators to compare GoGold Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across GoGold Resources competition to find correlations between indicators driving GoGold Resources's intrinsic value. More Info.GoGold Resources is one of the top stocks in price to earning category among related companies. It is rated # 4 in price to book category among related companies fabricating about 0.91 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for GoGold Resources is roughly 1.10 . As of the 25th of April 2024, Price To Book Ratio is likely to grow to 1.78. Comparative valuation analysis is a catch-all model that can be used if you cannot value GoGold Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for GoGold Resources' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the GoGold Resources' earnings, one of the primary drivers of an investment's value.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates GoGold Resources' worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in GoGold Resources and how it compares across the competition.
About GoGold Resources Valuation
The stock valuation mechanism determines the current worth of GoGold Resources on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of GoGold Resources. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of GoGold Resources based exclusively on its fundamental and basic technical indicators. By analyzing GoGold Resources's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of GoGold Resources's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of GoGold Resources. We calculate exposure to GoGold Resources's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to GoGold Resources's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | -4.5 M | -4.3 M | |
| Pretax Profit Margin | (0.30) | (0.31) | |
| Operating Profit Margin | (0.35) | (0.33) | |
| Net Loss | (0.23) | (0.25) | |
| Gross Profit Margin | (0.15) | (0.14) |
8 Steps to conduct GoGold Resources' Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates GoGold Resources' potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct GoGold Resources' valuation analysis, follow these 8 steps:- Gather financial information: Obtain GoGold Resources' financial statements, including balance sheets, income statements, and cash flow statements.
- Determine GoGold Resources' revenue streams: Identify GoGold Resources' primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research GoGold Resources' industry and market trends, including the size of the market, growth rate, and competition.
- Establish GoGold Resources' growth potential: Evaluate GoGold Resources' management, business model, and growth potential.
- Determine GoGold Resources' financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate GoGold Resources' estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoGold Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the GoGold Resources information on this page should be used as a complementary analysis to other GoGold Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for GoGold Stock analysis
When running GoGold Resources' price analysis, check to measure GoGold Resources' 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 GoGold Resources is operating at the current time. Most of GoGold Resources' value examination focuses on studying past and present price action to predict the probability of GoGold Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoGold Resources' price. Additionally, you may evaluate how the addition of GoGold Resources to your portfolios can decrease your overall portfolio volatility.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |