New Found Valuation
| NFG Stock | CAD 5.02 0.11 2.14% |
At this time, the firm appears to be fairly valued. New Found GoldCorp secures a last-minute Real Value of C$4.9 per share. The latest price of the firm is C$5.02. Our model forecasts the value of New Found GoldCorp from analyzing the firm fundamentals such as Return On Equity of -1.07, current valuation of 912.71 M, and Shares Owned By Insiders of 47.81 % as well as examining its technical indicators and probability of bankruptcy. In general, most investors recommend buying undervalued stocks and disposing overvalued stocks since, at some point, asset prices and their ongoing real values will merge together. Key fundamental drivers impacting New Found's valuation include:
Price Book 15.4144 | Enterprise Value 912.7 M | Enterprise Value Ebitda (12.07) |
Fairly Valued
Today
Please note that New Found's price fluctuation is slightly risky at this time. Calculation of the real value of New Found GoldCorp 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.
Our valuation method for New Found GoldCorp is useful when determining the fair value of the New stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of New Found. 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 5.02 | Real 4.9 | Hype 5.06 | Naive 5.1 |
The real value of New Stock, also known as its intrinsic value, is the underlying worth of New Found GoldCorp Company, which is reflected in its stock price. It is based on New Found's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. 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 GoldCorp 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. When choosing an evaluation method for New Found GoldCorp, 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.
New Found Investments |
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New Valuation Trend
Knowing New Found's actual value is paramount for traders to make sound investment determinations. New Found's real value is not only important for the investor to make better decisions but also for a more accurate overall view of New Found's financial worth over time since having this information enables investors and analysts to forecast the earnings more efficiently. Using both New Found's 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.
New Market Cap
New Found GoldCorp is considered to be number one stock in market capitalization category among related companies. Market capitalization of Materials industry is now estimated at about 977.1 Million. New Found totals roughly 971.8 Million in market capitalization claiming about 99% of all equities under Materials industry.New Found Valuation Ratios as Compared to Competition
Comparative valuation techniques use various fundamental indicators to help in determining New Found's current stock value. Our valuation model uses many indicators to compare New Found value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Found competition to find correlations between indicators driving New Found's intrinsic value. More Info.New Found GoldCorp is regarded second in price to book category among related companies. It is regarded third in beta category among related companies totaling about 0.04 of Beta per Price To Book. The ratio of Price To Book to Beta for New Found GoldCorp is roughly 27.77 . Comparative valuation analysis is a catch-all model that can be used if you cannot value New Found by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for New Found's 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 New Found's 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 New Found's 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 New Found and how it compares across the competition.
About New Found Valuation
The stock valuation mechanism determines the current worth of New Found GoldCorp on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of New Found GoldCorp. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of New Found GoldCorp based exclusively on its fundamental and basic technical indicators. By analyzing New Found'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 New Found'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 New Found. We calculate exposure to New Found's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to New Found's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | -940.2 K | -893.2 K | |
| Pretax Profit Margin | 0.00 | 0.00 | |
| Operating Profit Margin | 0.00 | 0.00 | |
| Net Profit Margin | 0.00 | 0.00 | |
| Gross Profit Margin | 0.00 | 0.00 |
8 Steps to conduct New Found's Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates New Found's 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 New Found's valuation analysis, follow these 8 steps:- Gather financial information: Obtain New Found's financial statements, including balance sheets, income statements, and cash flow statements.
- Determine New Found's revenue streams: Identify New Found's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research New Found's industry and market trends, including the size of the market, growth rate, and competition.
- Establish New Found's growth potential: Evaluate New Found's management, business model, and growth potential.
- Determine New Found's 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 New Found's 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Found GoldCorp. 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. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary 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.
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