World Gold Trust - SPDR Gold MiniShares Trust

ARCA:GLDM Stock Report

Market Cap: US$9.3b

World Gold Trust - SPDR Gold MiniShares Trust Valuation

Is GLDM 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 GLDM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

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

Key Valuation Metric

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

Key metric: As GLDM 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 GLDM. This is calculated by dividing GLDM's market cap by their current book value.
What is GLDM's PB Ratio?
PB Ration/a
BookUS$0
Market CapUS$9.30b

Price to Book Ratio vs Peers

How does GLDM's PB Ratio compare to its peers?

Insufficient data to calculate this valuation analysis check
The above table shows the PB ratio for GLDM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Averagen/a
GLDM World Gold Trust - SPDR Gold MiniShares Trust
n/an/aUS$9.3b

Price-To-Book vs Peers: Insufficient data to calculate GLDM's Price-To-Book Ratio vs. peers for valuation analysis.

Price to Book Ratio vs Industry

How does GLDM's PB Ratio compare vs other companies in the US Capital Markets Industry?

8 CompaniesPrice / BookEstimated GrowthMarket Cap
GLDM is unprofitableIndustry Avg. 1.6xNo. of Companies11PB00.61.21.82.43+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: Insufficient data to calculate GLDM's Price-To-Book Ratio vs. industry for valuation analysis.

Price to Book Ratio vs Fair Ratio

What is GLDM'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.

GLDM PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ration/a
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate GLDM'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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