New Found Valuation
| NFGC Stock | USD 3.13 0.21 6.29% |
At this time, the firm appears to be overvalued. New Found Gold secures a last-minute Real Value of $2.91 per share. The latest price of the firm is $3.13. Our model forecasts the value of New Found Gold from analyzing the firm fundamentals such as Current Valuation of 1.08 B, return on equity of -0.51, and Shares Owned By Insiders of 32.41 % as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting New Found's valuation include:
Overvalued
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 3.13 | Real 2.91 | Target 5.0 | Hype 3.13 | Naive 3.34 |
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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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 | -732.3 K | -768.9 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 | |
| Forward Price Earnings | 11.7509 |
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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