NMG Relative Valuation - New Murchison Gold Ltd

Watchlist Manager

Watchlist

Price: 0.042 AUD -2.33% Market Closed

Market Cap: AU$456.3m

	New Murchison Gold Ltd ASX:NMG	AU
	Kaizen Discovery Inc XTSX:KZD	CA

Relative Value

The Relative Value of one NMG stock under the Base Case scenario is 0.018 AUD. Compared to the current market price of 0.042 AUD, New Murchison Gold Ltd is Overvalued by 57%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

What is Relative Valuation?

How is Relative Value calculated?

NMG Relative Value

Base Case

Overvaluation 57%

Relative Value

Price

Worst Case

Base Case

Best Case

Valuation Multiples

View Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
AU		New Murchison Gold Ltd ASX:NMG	456.3m AUD	25.4	95.2	99	99
RU	P	Polyus PJSC LSE:PLZL	70.4T USD	11 233.1	34 959.7	19 286.2	22 132.2
ZA	G	Gold Fields Ltd JSE:GFI	596.4B ZAR	4.2	10.4	6.4	7.5
ZA	H	Harmony Gold Mining Company Ltd JSE:HAR	145.9B ZAR	1.8	9	4.5	5.4
CN		Zijin Mining Group Co Ltd SSE:601899	841.2B CNY	2.6	18.5	15.1	15.1
US		Newmont Corporation NYSE:NEM	104.3B USD	4.7	15.1	7.7	9.5
AU	G	Greatland Gold PLC ASX:GGP	133.6B AUD	40.4	109.3	69.6	77.7
CA		Agnico Eagle Mines Ltd TSX:AEM	124.2B CAD	7.7	20.6	11.2	14.1
CA		Barrick Gold Corp TSX:ABX	85.4B CAD	3.7	12.7	6.2	7.6
CA		Barrick Mining Corp F:ABR0	53.6B EUR	3.8	12.8	6.2	7.7
HK	Z	Zijin Gold International Co Ltd HKEX:2259	462.1B HKD	19.8	122.7	42	59.5

				Revenue Growth	P/S to Growth
AU		New Murchison Gold Ltd ASX:NMG	Average P/S: 1 031.6 25.4	N/A	N/A
RU	P	Polyus PJSC LSE:PLZL	11 233.1	N/A	N/A
ZA	G	Gold Fields Ltd JSE:GFI	4.2	13%	0.3
ZA	H	Harmony Gold Mining Company Ltd JSE:HAR	1.8	20%	0.1
CN		Zijin Mining Group Co Ltd SSE:601899	2.6	16%	0.2
US		Newmont Corporation NYSE:NEM	4.7	10%	0.5
AU	G	Greatland Gold PLC ASX:GGP	40.4	-11%	N/A
CA		Agnico Eagle Mines Ltd TSX:AEM	7.7	11%	0.7
CA		Barrick Gold Corp TSX:ABX	3.7	15%	0.2
CA		Barrick Mining Corp F:ABR0	3.8	15%	0.3
HK	Z	Zijin Gold International Co Ltd HKEX:2259	19.8	48%	0.4

				Earnings Growth	PEG
AU		New Murchison Gold Ltd ASX:NMG	Average P/E: 3 216.9 95.2	N/A	N/A
RU	P	Polyus PJSC LSE:PLZL	34 959.7	N/A	N/A
ZA	G	Gold Fields Ltd JSE:GFI	10.4	14%	0.7
ZA	H	Harmony Gold Mining Company Ltd JSE:HAR	9	51%	0.2
CN		Zijin Mining Group Co Ltd SSE:601899	18.5	35%	0.5
US		Newmont Corporation NYSE:NEM	15.1	16%	0.9
AU	G	Greatland Gold PLC ASX:GGP	109.3	N/A	N/A
CA		Agnico Eagle Mines Ltd TSX:AEM	20.6	13%	1.6
CA		Barrick Gold Corp TSX:ABX	12.7	17%	0.7
CA		Barrick Mining Corp F:ABR0	12.8	17%	0.8
HK	Z	Zijin Gold International Co Ltd HKEX:2259	122.7	97%	1.3

				EBITDA Growth	EV/EBITDA to Growth
AU		New Murchison Gold Ltd ASX:NMG	Average EV/EBITDA: 1 777.6 99	N/A	N/A
RU	P	Polyus PJSC LSE:PLZL	19 286.2	N/A	N/A
ZA	G	Gold Fields Ltd JSE:GFI	6.4	16%	0.4
ZA	H	Harmony Gold Mining Company Ltd JSE:HAR	4.5	34%	0.1
CN		Zijin Mining Group Co Ltd SSE:601899	15.1	45%	0.3
US		Newmont Corporation NYSE:NEM	7.7	11%	0.7
AU	G	Greatland Gold PLC ASX:GGP	69.6	-5%	N/A
CA		Agnico Eagle Mines Ltd TSX:AEM	11.2	14%	0.8
CA		Barrick Gold Corp TSX:ABX	6.2	21%	0.3
CA		Barrick Mining Corp F:ABR0	6.2	21%	0.3
HK	Z	Zijin Gold International Co Ltd HKEX:2259	42	69%	0.6

				EBIT Growth	EV/EBIT to Growth
AU		New Murchison Gold Ltd ASX:NMG	Average EV/EBIT: 2 039.6 99	N/A	N/A
RU	P	Polyus PJSC LSE:PLZL	22 132.2	N/A	N/A
ZA	G	Gold Fields Ltd JSE:GFI	7.5	11%	0.7
ZA	H	Harmony Gold Mining Company Ltd JSE:HAR	5.4	37%	0.1
CN		Zijin Mining Group Co Ltd SSE:601899	15.1	38%	0.4
US		Newmont Corporation NYSE:NEM	9.5	17%	0.6
AU	G	Greatland Gold PLC ASX:GGP	77.7	-3%	N/A
CA		Agnico Eagle Mines Ltd TSX:AEM	14.1	17%	0.8
CA		Barrick Gold Corp TSX:ABX	7.6	23%	0.3
CA		Barrick Mining Corp F:ABR0	7.7	23%	0.3
HK	Z	Zijin Gold International Co Ltd HKEX:2259	59.5	78%	0.8

New Murchison Gold Ltd
ASX:NMG

Relative Value

Valuation Multiples

Multiples Across Competitors

NMG Competitors Multiples
New Murchison Gold Ltd Competitors

See Also

Company

Help

Tools

Stocks

New Murchison Gold Ltd ASX:NMG

Relative Value

Valuation Multiples

Multiples Across Competitors

NMG Competitors Multiples New Murchison Gold Ltd Competitors

See Also

Company

Help

Tools

Stocks

New Murchison Gold Ltd
ASX:NMG

NMG Competitors Multiples
New Murchison Gold Ltd Competitors