Noram Lithium Valuation

NRM Stock  CAD 0.13  0.01  8.33%   
Noram Lithium seems to be overvalued based on Macroaxis valuation methodology. Our model forecasts the value of Noram Lithium Corp from analyzing the firm fundamentals such as Shares Owned By Insiders of 12.39 %, return on equity of -0.53, and Current Valuation of 9.79 M as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Noram Lithium's valuation include:
Price Book
1.6894
Enterprise Value
9.8 M
Enterprise Value Ebitda
(0.88)
Overvalued
Today
0.13
Please note that Noram Lithium's price fluctuation is out of control at this time. Calculation of the real value of Noram Lithium Corp is based on 3 months time horizon. Increasing Noram Lithium'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 Noram stock is determined by what a typical buyer is willing to pay for full or partial control of Noram Lithium Corp. Since Noram Lithium is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Noram Stock. However, Noram Lithium'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  0.13 Real  0.12 Hype  0.13
The intrinsic value of Noram Lithium'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 Noram Lithium'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.
0.12
Real Value
4.75
Upside
Estimating the potential upside or downside of Noram Lithium Corp helps investors to forecast how Noram 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 Noram Lithium more accurately as focusing exclusively on Noram Lithium's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimatedHigh
0.010.134.76
Details
Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Noram Lithium's intrinsic value based on its ongoing forecasts of Noram Lithium's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Noram Lithium's closest peers.

Noram Lithium Cash

1.02 Million

Noram Valuation Trend

Analysing the historical paterns of Noram Lithium's enterprise value and its market capitalization is a good way to estimate and gauge the value of Noram Lithium Corp over time and is usually enough for investors to make rational market timing decisions.

Noram Lithium Total Value Analysis

Noram Lithium Corp is now estimated to have takeover price of 9.79 M with market capitalization of 11.14 M, debt of 55.68 K, and cash on hands of 110.84 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 Noram Lithium fundamentals before making investing decisions based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
9.79 M
11.14 M
55.68 K
110.84 K

Noram Lithium Asset Utilization

One of the ways to look at asset utilization of Noram is to check how much profit was generated for every dollar of assets it reports. Noram Lithium Corp secures a negative usage of assets of -0.35 %, losing C$0.003481 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 Noram Lithium Corp shows how discouraging it operates for each dollar spent on its assets.
 
Covid

Noram Lithium Ownership Allocation

Noram Lithium Corp maintains a total of 89.15 Million outstanding shares. Noram Lithium Corp secures 12.39 % of its outstanding shares held by insiders and 5.82 % owned by institutional investors. 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.

Noram Lithium Profitability Analysis

Net Loss for the year was (5.66 M) with profit before overhead, payroll, taxes, and interest of 0.

About Noram Lithium Valuation

Our relative valuation model uses a comparative analysis of Noram Lithium. We calculate exposure to Noram Lithium's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Noram Lithium's related companies.
Last ReportedProjected for Next Year
Gross Profit-56.7 K-53.9 K

Additional Tools for Noram Stock Analysis

When running Noram Lithium's price analysis, check to measure Noram Lithium'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 Noram Lithium is operating at the current time. Most of Noram Lithium's value examination focuses on studying past and present price action to predict the probability of Noram Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noram Lithium's price. Additionally, you may evaluate how the addition of Noram Lithium to your portfolios can decrease your overall portfolio volatility.