NovaGold Resources Valuation
| NG Stock | USD 3.42 0.14 4.27% |
At this time, the firm appears to be overvalued. NovaGold Resources secures a last-minute Real Value of $2.81 per share. The latest price of the firm is $3.42. Our model forecasts the value of NovaGold Resources from analyzing the firm fundamentals such as Current Valuation of 1.15 B, shares owned by insiders of 26.46 %, and Return On Equity of -17.91 as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting NovaGold Resources' valuation include:
Overvalued
Today
Please note that NovaGold Resources' price fluctuation is unstable at this time. Calculation of the real value of NovaGold Resources is based on 3 months time horizon. Increasing NovaGold Resources' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the NovaGold stock is determined by what a typical buyer is willing to pay for full or partial control of NovaGold Resources. Since NovaGold Resources is currently traded on the exchange, buyers and sellers on that exchange determine the market value of NovaGold Stock. However, NovaGold Resources' intrinsic value may or may not be the same as its current market price, 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 3.42 | Real 2.81 | Target 7.5 | Hype 3.42 | Naive 3.5 |
The real value of NovaGold Stock, also known as its intrinsic value, is the underlying worth of NovaGold Resources Company, which is reflected in its stock price. It is based on NovaGold Resources' financial performance, growth prospects, management team, or industry conditions. The intrinsic value of NovaGold Resources' 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, or news.
Estimating the potential upside or downside of NovaGold Resources helps investors to forecast how NovaGold 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 NovaGold Resources more accurately as focusing exclusively on NovaGold Resources' fundamentals will not take into account other important factors: When choosing an evaluation method for NovaGold Resources, ensure it is appropriate for the firm given its current financial situation and market classification. If more than one evaluation category is relevant, we suggest using all methods to arrive at a better estimate.
NovaGold Resources Cash |
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NovaGold Valuation Trend
Comparing NovaGold Resources' enterprise value against its market capitalization is a good way to estimate the value of NovaGold Resources uage its performance over time. This information may sometimes be enough for investors to make reasonable market timing decisions.
NovaGold Resources Total Value Analysis
NovaGold Resources is now forecasted to have takeover value of 1.15 B with market capitalization of 1.11 B, debt of 152.45 M, and cash on hands of 63.88 M. Please note that takeover value may be misleading and is a subject to accounting mistakes. We encourage investors to methodically examine all of the NovaGold Resources fundamentals before making investment evaluation based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
1.15 B | 1.11 B | 152.45 M | 63.88 M |
NovaGold Resources Asset Utilization
One of the ways to look at asset utilization of NovaGold is to check how much profit was generated for every dollar of assets it reports. NovaGold Resources secures a negative usage of assets of -0.12 %, losing $0.001205 for each dollar of assets held by the firm. Inadequate asset utilization conveys that the company is being less effective with each dollar of assets it secures. Strictly speaking, asset utilization of NovaGold Resources shows how discouraging it operates for each dollar spent on its assets.NovaGold Resources Ownership Allocation
NovaGold Resources maintains a total of 334.57 Million outstanding shares. Over half of NovaGold Resources' outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.NovaGold Resources Profitability Analysis
Annual Net Loss to common stockholders was (25.84 M) with gross profit of 0.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates NovaGold Resources' worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in NovaGold Resources and how it compares across the competition.
About NovaGold Resources Valuation
The stock valuation mechanism determines NovaGold Resources' current worth on a weekly basis. Our valuation model uses a comparative analysis of NovaGold Resources. We calculate exposure to NovaGold Resources's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of NovaGold Resources's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | -19.8 K | -20.8 K | |
| Pretax Profit Margin | (566.52) | (538.19) | |
| Operating Profit Margin | (261.44) | (248.37) | |
| Net Loss | (439.22) | (417.26) | |
| Gross Profit Margin | 0.51 | 0.54 |
NovaGold Resources Growth Indicators
Investing in growth stocks can be very risky. If the company such as NovaGold Resources does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 334.5 M |
NovaGold Resources Current Valuation Indicators
Valuation refers to the process of determining the present value of NovaGold Resources and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value NovaGold we look at many different elements of the entity such as NovaGold's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as NovaGold Resources, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use NovaGold Resources' valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes NovaGold Resources' worth.Complementary Tools for NovaGold Stock analysis
When running NovaGold Resources' price analysis, check to measure NovaGold Resources' 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 NovaGold Resources is operating at the current time. Most of NovaGold Resources' value examination focuses on studying past and present price action to predict the probability of NovaGold Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NovaGold Resources' price. Additionally, you may evaluate how the addition of NovaGold Resources to your portfolios can decrease your overall portfolio volatility.
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