Noront Resources Ltd
F:NQ1
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P/OCF
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Valuation Scenarios
If P/OCF returns to its Industry Average (15), the stock would be worth €-0.1 (113% downside from current price).
| Scenario | P/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | -116.8 | €0.79 |
0%
|
| Industry Average | 15 | €-0.1 |
-113%
|
| Country Average | 10.9 | €-0.07 |
-109%
|
Forward P/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | P/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
Noront Resources Ltd
F:NQ1
|
615m EUR | -116.8 | -9.4 | |
| AU |
|
BHP Group Ltd
ASX:BHP
|
284.9B AUD | 10.2 | 19.6 | |
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
278.6B AUD | 11.8 | 20 | |
| UK |
|
Rio Tinto PLC
LSE:RIO
|
119.4B GBP | 9.4 | 15.8 | |
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
1.6T MXN | 14.9 | 17.9 | |
| CH |
|
Glencore PLC
LSE:GLEN
|
64.8B GBP | 15.2 | 236.3 | |
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
248.9B SAR | 22.8 | 33.9 | |
| CN |
|
CMOC Group Ltd
SSE:603993
|
414.4B CNY | 19.9 | 20.4 | |
| UK |
|
Anglo American PLC
LSE:AAL
|
42.8B GBP | 10.3 | -15.1 | |
| CN |
C
|
China Molybdenum Co Ltd
OTC:CMCLF
|
52.2B USD | 17.2 | 17.7 | |
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
44.5B ZAR | 7.8 | 34.6 |
Market Distribution
| Min | 0.1 |
| 30th Percentile | 7.2 |
| Median | 10.9 |
| 70th Percentile | 17 |
| Max | 26 053.9 |
Other Multiples
Noront Resources Ltd
Glance View
Noront Resources Ltd. engages in the development, exploration, and acquisition mineral properties. The company is headquartered in Toronto, Ontario. The firm's assets consist of its flagship Eagle's Nest nickel-copper-platinum-palladium deposit, deposits of high grade chromite and copper-zinc volcanic massive sulphide (VMS) deposits which are part of the Company's McFauld's Lake Project. The assets are located primarily in Ring of Fire (ROF) in the James Bay Lowlands, Ontario. Eagle's Nest is the Company's most advanced mining project in the ROF. The firm holds a 75% interest in the Butler and Sanderson Properties located in the ROF. The firm also holds 100% interest in Blackbird chromite discovery, which is located less than one kilometers from Eagle’s Nest. Its Black Thor chromite deposit is located eight kilometers to the northeast of Eagle’s Nest.