Northern Dynasty Minerals Ltd.

NYSEAM:NAK Stock Report

Market Cap: US$246.2m

Northern Dynasty Minerals Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

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

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

Key Valuation Metric

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

Key metric: As NAK 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 NAK. This is calculated by dividing NAK's market cap by their current book value.
What is NAK's PB Ratio?
PB Ratio3.1x
BookCA$112.43m
Market CapCA$344.16m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for NAK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average16.6x
REEM.F Rare Element Resources
6.4xn/aUS$202.1m
EUBG Entrepreneur Universe Bright Group
42.9xn/aUS$362.2m
IDR Idaho Strategic Resources
4.8x30.3%US$161.9m
USGO U.S. GoldMining
12.2xn/aUS$139.4m
NAK Northern Dynasty Minerals
3.1xn/aUS$344.2m

Price-To-Book vs Peers: NAK is good value based on its Price-To-Book Ratio (3.1x) compared to the peer average (16.6x).

Price to Book Ratio vs Industry

How does NAK's PB Ratio compare vs other companies in the US Metals and Mining Industry?

9 CompaniesPrice / BookEstimated GrowthMarket Cap
NEVD.Q Nevada Copper
0.1xn/aUS$26.02m
VITF.F Victoria Gold
0.06xn/aUS$23.43m
GORO Gold Resource
0.2xn/aUS$14.96m
BMXI Brookmount Explorations
0.2xn/aUS$5.00m
NAK 3.1xIndustry Avg. 1.8xNo. of Companies15PB012345+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: NAK is expensive based on its Price-To-Book Ratio (3.1x) compared to the US Metals and Mining industry average (1.7x).

Price to Book Ratio vs Fair Ratio

What is NAK'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.

NAK PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio3.1x
Fair PB Ration/a

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