Nevado Resources Corporation

TSXV:VDO.H Stock Report

Market Cap: CA$488.8k

Nevado Resources Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 VDO.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 VDO.H's fair value for valuation analysis.

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

Key Valuation Metric

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

Key metric: As VDO.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 VDO.H. This is calculated by dividing VDO.H's market cap by their current book value.
What is VDO.H's PB Ratio?
PB Ratio1.1x
BookCA$444.92k
Market CapCA$488.76k

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for VDO.H vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average15.1x
DEEP Deeprock Minerals
50.8xn/aCA$507.0k
GDN Golden Age Exploration
5.7xn/aCA$515.0k
VYC.H Vanity Capital
4xn/aCA$525.1k
SNS Select Sands
0.09xn/aCA$442.8k
VDO.H Nevado Resources
1.1xn/aCA$488.8k

Price-To-Book vs Peers: VDO.H is good value based on its Price-To-Book Ratio (1.1x) compared to the peer average (15.1x).

Price to Book Ratio vs Industry

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

87 CompaniesPrice / BookEstimated GrowthMarket Cap
S Sherritt International
0.1xn/aUS$49.45m
WM Wallbridge Mining
0.2xn/aUS$46.78m
NCU Nevada Copper
0.1xn/aUS$31.56m
ELR Eastern Platinum
0.3xn/aUS$26.05m
VDO.H 1.1xIndustry Avg. 1.4xNo. of Companies163PB01.22.43.64.86+
87 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: VDO.H is good value based on its Price-To-Book Ratio (1.1x) compared to the Canadian Metals and Mining industry average (1.4x).

Price to Book Ratio vs Fair Ratio

What is VDO.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.

VDO.H PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1.1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate VDO.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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