Newcore Gold Valuation
| NCAU Stock | CAD 0.32 0.01 3.23% |
Newcore Gold seems to be overvalued based on Macroaxis valuation methodology. Our model forecasts the value of Newcore Gold from analyzing the firm fundamentals such as Shares Owned By Insiders of 18.33 %, return on equity of -0.0394, and Current Valuation of 57.47 M as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Newcore Gold's valuation include:
Price Book 1.2141 | Enterprise Value 57.5 M | Enterprise Value Ebitda (10.59) |
Overvalued
Today
Please note that Newcore Gold's price fluctuation is out of control at this time. Calculation of the real value of Newcore Gold is based on 3 months time horizon. Increasing Newcore Gold'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 Newcore stock is determined by what a typical buyer is willing to pay for full or partial control of Newcore Gold. Since Newcore Gold is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Newcore Stock. However, Newcore Gold'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 0.32 | Real 0.28 | Hype 0.32 | Naive 0.33 |
The intrinsic value of Newcore Gold'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 Newcore Gold'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 Newcore Gold helps investors to forecast how Newcore 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 Newcore Gold more accurately as focusing exclusively on Newcore Gold'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 Newcore Gold's intrinsic value based on its ongoing forecasts of Newcore Gold's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Newcore Gold's closest peers.
Newcore Gold Cash |
|
Newcore Valuation Trend
Analysing the historical paterns of Newcore Gold's enterprise value and its market capitalization is a good way to estimate and gauge the value of Newcore Gold over time and is usually enough for investors to make rational market timing decisions.
Newcore Gold Total Value Analysis
Newcore Gold is now forecasted to have takeover price of 57.47 M with market capitalization of 65.7 M, debt of 170.25 K, and cash on hands of 13.21 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 Newcore Gold fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
57.47 M | 65.7 M | 170.25 K | 13.21 M |
Newcore Gold Asset Utilization
One of the ways to look at asset utilization of Newcore is to check how much profit was generated for every dollar of assets it reports. Newcore Gold secures a negative usage of assets of -0.0193 %, losing C$1.93E-4 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 Newcore Gold shows how discouraging it operates for each dollar spent on its assets.Newcore Gold Ownership Allocation
Newcore Gold maintains a total of 208.58 Million outstanding shares. 30% of Newcore Gold outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. 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.Newcore Gold Profitability Analysis
Net Loss for the year was (2.42 M) with profit before overhead, payroll, taxes, and interest of 0.About Newcore Gold Valuation
Our relative valuation model uses a comparative analysis of Newcore Gold. We calculate exposure to Newcore Gold's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Newcore Gold's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | -11.3 K | -10.7 K |
Additional Tools for Newcore Stock Analysis
When running Newcore Gold's price analysis, check to measure Newcore Gold'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 Newcore Gold is operating at the current time. Most of Newcore Gold's value examination focuses on studying past and present price action to predict the probability of Newcore Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newcore Gold's price. Additionally, you may evaluate how the addition of Newcore Gold to your portfolios can decrease your overall portfolio volatility.