Noble Metal Group Incorporated

TSXV:NMG.H Stock Report

Market Cap: CA$630.5k

Noble Metal Group Valuation

Is NMG.H undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NMG.H when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate NMG.H's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate NMG.H's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for NMG.H?

Key metric: As NMG.H is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for NMG.H. This is calculated by dividing NMG.H's market cap by their current book value.
What is NMG.H's PB Ratio?
PB Ratio-0.1x
Book-CA$4.26m
Market CapCA$630.53k

Price to Book Ratio vs Peers

How does NMG.H's PB Ratio compare to its peers?

The above table shows the PB ratio for NMG.H vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2.3x
GIG XAU Resources
5.8xn/aCA$693.6k
QRO Quadro Resources
0.3xn/aCA$570.2k
HERC Hercules Resources
1.4xn/aCA$533.1k
AWR Aurwest Resources
1.9xn/aCA$522.6k
NMG.H Noble Metal Group
n/an/aCA$630.5k

Price-To-Book vs Peers: NMG.H has negative equity and a Price-To-Book Ratio (-0.1x) compared to the peer average (2.3x).


Price to Book Ratio vs Industry

How does NMG.H's PB Ratio compare vs other companies in the CA Metals and Mining Industry?

80 CompaniesPrice / BookEstimated GrowthMarket Cap
WM Wallbridge Mining
0.2xn/aUS$50.91m
S Sherritt International
0.1xn/aUS$48.23m
NCU Nevada Copper
0.1xn/aUS$31.56m
ELR Eastern Platinum
0.3xn/aUS$25.29m
NMG.H is unprofitableIndustry Avg. 1.4xNo. of Companies168PB01.22.43.64.86+
80 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: NMG.H has negative equity and a Price-To-Book Ratio (-0.1x) compared to the Canadian Metals and Mining industry average (1.4x).


Price to Book Ratio vs Fair Ratio

What is NMG.H's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NMG.H PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio-0.1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate NMG.H's Price-To-Book Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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