29Metals Valuation

29M Stock   0.17  0.00  0.00%   
29Metals seems to be overvalued based on Macroaxis valuation methodology. Our model approximates the value of 29Metals from inspecting the entity fundamentals such as Price To Book of 0.54 X, profit margin of (0.32) %, and Shares Outstanding of 1.37 B as well as reviewing its technical indicators and probability of bankruptcy.
Price Book
0.5395
Enterprise Value
275.4 M
Enterprise Value Ebitda
(1.96)
Price Sales
0.4105
Forward PE
20.202
Overvalued
Today
0.17
Please note that 29Metals' price fluctuation is out of control at this time. Calculation of the real value of 29Metals is based on 3 months time horizon. Increasing 29Metals' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
29Metals' intrinsic value may or may not be the same as its current market price of 0.17, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  0.17 Real  0.16 Hype  0.16
The intrinsic value of 29Metals' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence 29Metals' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
0.16
Real Value
3.34
Upside
Estimating the potential upside or downside of 29Metals helps investors to forecast how 29Metals stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of 29Metals more accurately as focusing exclusively on 29Metals' fundamentals will not take into account other important factors:
Earnings
Estimates (0)
LowProjectedHigh
-0.19-0.11-0.06
Details
Hype
Prediction
LowEstimatedHigh
0.010.163.34
Details

29Metals Cash

187.4 Million

29Metals Total Value Analysis

29Metals is presently expected to have takeover price of 275.39 M with market capitalization of 226.2 M, debt of 271.33 M, and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the 29Metals fundamentals before making investing decisions based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
275.39 M
226.2 M
271.33 M

29Metals Investor Information

About 24.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 0.54. In the past many companies with similar price-to-book ratios have beat the market. 29Metals recorded a loss per share of 0.24. The entity last dividend was issued on the 15th of September 2022. Based on the key indicators related to 29Metals' liquidity, profitability, solvency, and operating efficiency, 29Metals is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in April.

29Metals Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. 29Metals has an asset utilization ratio of 46.26 percent. This implies that the Company is making USD0.46 for each dollar of assets. An increasing asset utilization means that 29Metals is more efficient with each dollar of assets it utilizes for everyday operations.
 
Covid

29Metals Ownership Allocation

29Metals holds a total of 1.37 Billion outstanding shares. 29Metals retains tangible amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.

29Metals Profitability Analysis

The company reported the revenue of 453.88 M. Net Loss for the year was (440.46 M) with loss before overhead, payroll, taxes, and interest of (11.56 M).

About 29Metals Valuation

The stock valuation mechanism determines 29Metals' current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of 29Metals based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of 29Metals. We calculate exposure to 29Metals's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of 29Metals's related companies.
Last ReportedProjected for Next Year
Gross Profit-85.1 M-80.9 M

Additional Tools for 29Metals Stock Analysis

When running 29Metals' price analysis, check to measure 29Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 29Metals is operating at the current time. Most of 29Metals' value examination focuses on studying past and present price action to predict the probability of 29Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 29Metals' price. Additionally, you may evaluate how the addition of 29Metals to your portfolios can decrease your overall portfolio volatility.