Nordic Mining Valuation

Is NOMO 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-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

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

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

Key Valuation Metric

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

Key metric: As NOMO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NOMO. This is calculated by dividing NOMO's market cap by their current earnings.
What is NOMO's PE Ratio?
PE Ratio	2x
Earnings	NOK 223.87m
Market Cap	NOK 447.44m

NOMO key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	-1.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does NOMO's PE Ratio compare to its peers?

The above table shows the PE ratio for NOMO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	12x
KOD Kodal Minerals	2.5x	-46.5%	UK£66.8m
ARCM Arc Minerals	2.2x	n/a	UK£18.8m
MTL Metals Exploration	0.9x	-60.3%	UK£99.4m
LEX Lexington Gold	42.7x	n/a	UK£12.9m
NOMO Nordic Mining	2x	n/a	NOK 447.4m

Price-To-Earnings vs Peers: NOMO is good value based on its Price-To-Earnings Ratio (2x) compared to the peer average (10.3x).

Price to Earnings Ratio vs Industry

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

10 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	21.8%
NOMO Nordic Mining	2x	n/a	US$45.44m
ENPL En+ Group International	2.2x	8.0%	US$4.67b
NLMK Novolipetsk Steel	0.8x	n/a	US$4.08b

10 Companies		Estimated Growth	Market Cap
Industry Avg.	n/a	21.8%
NOMO Nordic Mining	2x	n/a	US$45.44m

No more companies

Price-To-Earnings vs Industry: NOMO is good value based on its Price-To-Earnings Ratio (2x) compared to the UK Metals and Mining industry average (9.1x).

Price to Earnings Ratio vs Fair Ratio

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

NOMO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NOMO's Price-To-Earnings 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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