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Northgold AB
STO:NG

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Northgold AB
STO:NG
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Price: 0.562 SEK 5.64% Market Closed
Market Cap: kr12.8m

P/B

0.4
Current
62%
Cheaper
vs 3-y average of 1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.4
=
Market Cap
kr12.8m
/
Total Equity
kr32.4m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.4
=
Market Cap
kr12.8m
/
Total Equity
kr32.4m

Valuation Scenarios

Northgold AB is trading below its 3-year average

If P/B returns to its 3-Year Average (1), the stock would be worth kr1.48 (164% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+451%
Average Upside
265%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.4 kr0.56
0%
3-Year Average 1 kr1.48
+164%
5-Year Average 1.3 kr1.82
+224%
Industry Average 1.3 kr1.81
+222%
Country Average 2.2 kr3.1
+451%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
SE
Northgold AB
STO:NG
12.8m SEK 0.4 -0.5
RU
Polyus PJSC
LSE:PLZL
70.4T USD 13 054 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
636.8B ZAR 4.6 10.9
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
163.4B ZAR 3.1 10
CN
Zijin Mining Group Co Ltd
SSE:601899
876.1B CNY 4.7 14.2
US
Newmont Corporation
NYSE:NEM
119.7B USD 3.5 16.5
CA
Agnico Eagle Mines Ltd
TSX:AEM
129.4B CAD 3.7 20.6
CA
Barrick Gold Corp
TSX:ABX
89.7B CAD 2.4 12.9
CA
Barrick Mining Corp
F:ABR0
55.9B EUR 2.5 13.1
CA
Wheaton Precious Metals Corp
TSX:WPM
80.4B CAD 6.4 38
HK
Zijin Gold International Co Ltd
HKEX:2259
407.3B HKD 6.2 32.5

Market Distribution

Lower than 97% of companies in Sweden
Percentile
3nd
Based on 1 382 companies
3nd percentile
0.4
Low
0 — 1.2
Typical Range
1.2 — 3.7
High
3.7 —
Distribution Statistics
Sweden
Min 0
30th Percentile 1.2
Median 2.2
70th Percentile 3.7
Max 283.3

Northgold AB
Glance View

Market Cap
12.8m SEK
Industry
Metals & Mining

Northgold AB operates as a gold exploration and development company. The company is headquartered in Stockholm, Stockholm. The company went IPO on 2022-03-24. The firm was founded in 2020 and is located in Stockholm, Sweden.

NG Intrinsic Value
0.112 SEK
Overvaluation 80%
Intrinsic Value
Price kr0.562
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