Canada Nickel Stock Current Valuation
| CNC Stock | CAD 0.98 0.01 1.03% |
Valuation analysis of Canada Nickel helps investors to measure Canada Nickel's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value is likely to climb to about 197.3 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (13.36) in 2024. Fundamental drivers impacting Canada Nickel's valuation include:
Price Book 0.8814 | Enterprise Value 172.8 M | Enterprise Value Ebitda (95.68) |
Overvalued
Today
Please note that Canada Nickel's price fluctuation is dangerous at this time. Calculation of the real value of Canada Nickel is based on 3 months time horizon. Increasing Canada Nickel'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 Canada stock is determined by what a typical buyer is willing to pay for full or partial control of Canada Nickel. Since Canada Nickel is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Canada Stock. However, Canada Nickel'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 0.98 | Real 0.86 | Hype 0.98 | Naive 0.94 |
The intrinsic value of Canada Nickel'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 Canada Nickel'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 Canada Nickel helps investors to forecast how Canada 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 Canada Nickel more accurately as focusing exclusively on Canada Nickel's fundamentals will not take into account other important factors: Canada Nickel Company Current Valuation Analysis
Canada Nickel's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Canada Nickel Current Valuation | 172.79 M |
Most of Canada Nickel's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Canada Nickel is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Canada Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Canada Nickel is extremely important. It helps to project a fair market value of Canada Stock properly, considering its historical fundamentals such as Current Valuation. Since Canada Nickel's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Canada Nickel's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Canada Nickel's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Canada Nickel has a Current Valuation of 172.79 M. This is 98.49% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current valuation for all Canada stocks is 98.96% higher than that of the company.
Canada Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canada Nickel's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canada Nickel could also be used in its relative valuation, which is a method of valuing Canada Nickel by comparing valuation metrics of similar companies.Canada Nickel is currently under evaluation in current valuation category among its peers.
Canada Fundamentals
| Return On Equity | -0.0484 | ||||
| Return On Asset | -0.0388 | ||||
| Current Valuation | 172.79 M | ||||
| Shares Outstanding | 181.21 M | ||||
| Shares Owned By Insiders | 14.82 % | ||||
| Shares Owned By Institutions | 0.59 % | ||||
| Number Of Shares Shorted | 662.42 K | ||||
| Price To Earning | (8.57) X | ||||
| Price To Book | 0.88 X | ||||
| EBITDA | (11.16 M) | ||||
| Net Income | (13 M) | ||||
| Cash And Equivalents | 791.85 K | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 16.88 M | ||||
| Debt To Equity | 13.70 % | ||||
| Current Ratio | 3.21 X | ||||
| Book Value Per Share | 1.11 X | ||||
| Cash Flow From Operations | (7.39 M) | ||||
| Short Ratio | 3.22 X | ||||
| Earnings Per Share | (0.05) X | ||||
| Target Price | 3.23 | ||||
| Beta | 2.31 | ||||
| Market Capitalization | 177.58 M | ||||
| Total Asset | 183.07 M | ||||
| Retained Earnings | (29.22 M) | ||||
| Working Capital | (4.39 M) | ||||
| Net Asset | 183.07 M |
About Canada Nickel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canada Nickel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canada Nickel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canada Nickel based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Canada Stock Analysis
When running Canada Nickel's price analysis, check to measure Canada Nickel'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 Canada Nickel is operating at the current time. Most of Canada Nickel's value examination focuses on studying past and present price action to predict the probability of Canada Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Nickel's price. Additionally, you may evaluate how the addition of Canada Nickel to your portfolios can decrease your overall portfolio volatility.