China Nonferrous Gold Limited

AIM:CNG Stock Report

Market Cap: UK£5.0m

China Nonferrous Gold Valuation

Is CNG 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: CNG (£0.01) is trading above our estimate of fair value (£0)

Significantly Below Fair Value: CNG is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CNG?

Key metric: As CNG is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for CNG. This is calculated by dividing CNG's market cap by their current revenue.
What is CNG's PS Ratio?
PS Ratio0.09x
SalesUS$67.99m
Market CapUS$6.28m

Price to Sales Ratio vs Peers

How does CNG's PS Ratio compare to its peers?

The above table shows the PS ratio for CNG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1x
PRIM Primorus Investments
1.7xn/aUK£5.6m
GRL Goldstone Resources
2.1xn/aUK£7.5m
GDP Goldplat
0.2x-12.5%UK£10.7m
HUM Hummingbird Resources
0.2x75.7%UK£15.4m
CNG China Nonferrous Gold
0.09xn/aUK£5.0m

Price-To-Sales vs Peers: CNG is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (2.5x).

Price to Sales Ratio vs Industry

How does CNG's PS Ratio compare vs other companies in the GB Metals and Mining Industry?

14 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.2.0x1.5%
CNG China Nonferrous Gold
 0.09xn/aUS$6.28m
GLEN Glencore
0.3x-0.8%US$58.48b
NLMK Novolipetsk Steel
0.3xn/aUS$4.08b
CNG 0.1xIndustry Avg. 2.0xNo. of Companies14PS01.22.43.64.86+
14 CompaniesEstimated GrowthMarket Cap
Industry Avg.2.0x21.6%
CNG China Nonferrous Gold
 0.09xn/aUS$6.28m
No more companies

Price-To-Sales vs Industry: CNG is good value based on its Price-To-Sales Ratio (0.1x) compared to the UK Metals and Mining industry average (1.4x).

Price to Sales Ratio vs Fair Ratio

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

CNG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.09x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate CNG's Price-To-Sales 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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