New Found Valuation
| NFGC Stock | USD 1.74 0.09 5.45% |
Based on Macroaxis valuation methodology, the firm appears to be undervalued. New Found Gold secures a last-minute Real Value of $2.38 per share. The latest price of the firm is $1.74. Our model forecasts the value of New Found Gold from analyzing the firm fundamentals such as Current Valuation of 365.58 M, shares owned by insiders of 40.43 %, and Return On Equity of -0.75 as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting New Found's valuation include:
Undervalued
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.
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 1.74 | Real 2.38 | Target 5.0 | Hype 1.44 | Naive 1.79 |
The real value of New Stock, also known as its intrinsic value, is the underlying worth of New Found Gold Company, which is reflected in its stock price. It is based on New Found's financial performance, 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, or news.
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. If more than one evaluation category is relevant for New Found we suggest using both methods to arrive at a better estimate.
New Found Cash |
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New Valuation Trend
Comparing New Found's enterprise value against its market capitalization is a good way to estimate the value of New Found Gold uage its performance over time. This information may sometimes be enough for investors to make reasonable market timing decisions.
New Found Total Value Analysis
New Found Gold is now forecasted to have valuation of 365.58 M with market capitalization of 380.79 M, debt of 123.1 K, and cash on hands of 80.73 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the New Found fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
365.58 M | 380.79 M | 123.1 K | 80.73 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 -0.47 %, losing $0.004676 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 229.74 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. 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 (50.27 M) with profit before overhead, payroll, taxes, and interest of 0.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 New Found's current worth on a weekly basis. Our 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 | -813.7 K | -773 K |
New Found Growth Indicators
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
| Common Stock Shares Outstanding | 194 M | |
| Quarterly Earnings Growth Y O Y | -0.778 |
New Found Current Valuation Indicators
Valuation refers to the process of determining the present value of New Found Gold and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value New we look at many different elements of the entity such as New's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as New Found, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use New Found's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes New Found's worth.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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