Nevada King Valuation
| NKG Stock | CAD 0.28 0.01 3.45% |
Nevada King seems to be overvalued based on Macroaxis valuation methodology. Our model forecasts the value of Nevada King Gold from analyzing the firm fundamentals such as Shares Owned By Insiders of 35.82 %, current valuation of 109.18 M, and Return On Equity of -0.63 as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Nevada King's valuation include:
Price Book 7.6523 | Enterprise Value 109.2 M | Enterprise Value Ebitda (6.02) |
Overvalued
Today
Please note that Nevada King's price fluctuation is out of control at this time. Calculation of the real value of Nevada King Gold is based on 3 months time horizon. Increasing Nevada King'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 Nevada stock is determined by what a typical buyer is willing to pay for full or partial control of Nevada King Gold. Since Nevada King is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nevada Stock. However, Nevada King'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 0.28 | Real 0.26 | Hype 0.29 | Naive 0.31 |
The intrinsic value of Nevada King'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 Nevada King'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 Nevada King Gold helps investors to forecast how Nevada 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 Nevada King more accurately as focusing exclusively on Nevada King'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 Nevada King's intrinsic value based on its ongoing forecasts of Nevada King's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Nevada King's closest peers.
Nevada King Cash |
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Nevada Valuation Trend
Analysing the historical paterns of Nevada King's enterprise value and its market capitalization is a good way to estimate and gauge the value of Nevada King Gold over time and is usually enough for investors to make rational market timing decisions.
Nevada King Total Value Analysis
Nevada King Gold is now estimated to have takeover price of 109.18 M with market capitalization of 111.54 M, debt of 755.27 K, and cash on hands of 987.7 K. 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 Nevada King fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
109.18 M | 111.54 M | 755.27 K | 987.7 K |
Nevada King Asset Utilization
One of the ways to look at asset utilization of Nevada is to check how much profit was generated for every dollar of assets it reports. Nevada King Gold secures a negative usage of assets of -0.39 %, losing C$0.003922 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 Nevada King Gold shows how discouraging it operates for each dollar spent on its assets.Nevada King Ownership Allocation
Nevada King Gold maintains a total of 378.1 Million outstanding shares. Nevada King 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. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. 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.Nevada King Profitability Analysis
Net Loss for the year was (27.01 M) with profit before overhead, payroll, taxes, and interest of 0.About Nevada King Valuation
Our relative valuation model uses a comparative analysis of Nevada King. We calculate exposure to Nevada King's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nevada King's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | -45.5 K | -43.2 K | |
| Pretax Profit Margin | (1.80) | (1.71) | |
| Operating Profit Margin | (0.48) | (0.46) | |
| Net Loss | (1.45) | (1.38) | |
| Gross Profit Margin | 0.61 | 0.75 |
Additional Tools for Nevada Stock Analysis
When running Nevada King's price analysis, check to measure Nevada King'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 Nevada King is operating at the current time. Most of Nevada King's value examination focuses on studying past and present price action to predict the probability of Nevada King's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nevada King's price. Additionally, you may evaluate how the addition of Nevada King to your portfolios can decrease your overall portfolio volatility.