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Paramount Gold Nevada (Paramount Gold Nevada) Intrinsic Value: DCF (Dividends Based) : $ (As of Apr. 27, 2024)


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What is Paramount Gold Nevada Intrinsic Value: DCF (Dividends Based)?

As of today (2024-04-27), Paramount Gold Nevada's intrinsic value calculated from the Discounted Dividend model is $.

Note: Discounted Dividend model is only suitable for companies who have a consistant distribution history. If the company's dividends does not remain steady over a long period, results may not be accurate due to the low consistency. The model is also only suitable for predictable companies (Business Predictability Rank higher than 1-Star) with dividend payments. If the company's Predictability Rank is 1-Star or Not Rated, or if the company does not pay dividend, the data will not be stored into our database.

Paramount Gold Nevada's Predictability Rank is 1-Star. Thus, this page is only used for demonstration purposes and the DCF related results in the screener and portfolio will appear as zero.

Margin of Safety % (DCF Dividends Based) using Discounted Dividend Model for Paramount Gold Nevada is

The historical rank and industry rank for Paramount Gold Nevada's Intrinsic Value: DCF (Dividends Based) or its related term are showing as below:

PZG's Price-to-DCF (Dividends Based) is not ranked *
in the Metals & Mining industry.
Industry Median: 1.24
* Ranked among companies with meaningful Price-to-DCF (Dividends Based) only.

Paramount Gold Nevada Intrinsic Value: DCF (Dividends Based) Historical Data

The historical data trend for Paramount Gold Nevada's Intrinsic Value: DCF (Dividends Based) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Paramount Gold Nevada Intrinsic Value: DCF (Dividends Based) Chart

Paramount Gold Nevada Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Intrinsic Value: DCF (Dividends Based)
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Paramount Gold Nevada Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Intrinsic Value: DCF (Dividends Based) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Paramount Gold Nevada's Intrinsic Value: DCF (Dividends Based)

For the Gold subindustry, Paramount Gold Nevada's Price-to-DCF (Dividends Based), along with its competitors' market caps and Price-to-DCF (Dividends Based) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Paramount Gold Nevada's Price-to-DCF (Dividends Based) Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Paramount Gold Nevada's Price-to-DCF (Dividends Based) distribution charts can be found below:

* The bar in red indicates where Paramount Gold Nevada's Price-to-DCF (Dividends Based) falls into.



Paramount Gold Nevada Intrinsic Value: DCF (Dividends Based) Calculation

This is the intrinsic value calculated from the Discounted Dividend Model with default parameters. The calculation method is the same as Discounted Cash Flow model except adjusted dividend are used in the calculation instead of free cash flow. This is the default method of calculation with GuruFocus DCF calculator.

Usually a two-stage model is used in calculating the intrinsic value with discounted cash flow model. The first stage is called growth stage; the second is called the terminal stage. In the growth stage the company grows at a faster rate. Because it cannot grow at that rate forever, a lower rate is used for the terminal stage.

GuruFocus DDM calculator is a two-stage model. The default values are defined as:

1. Discount Rate: d = 11%
A reasonable discount rate assumption should be at least the long term average return of the stock market, which can be estimated from risk free rate plus risk premium of stock market. GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate and rounded up to the nearest integer. It is updated daily. The current risk-free rate is 4.66%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default. Then we added a risk premium of 6% to get the estimated discount rate. Some investors use their expected rate of return, which is also reasonable. A typical discount rate can be anywhere between 6% - 20%.

2. Dividend Growth Rate in the growth stage: g1 = %
The Growth Rate in the growth stage is initially set as the default 10-Year Dividend Growth Rate. In cases where the 10-year growth rate is unavailable, it defaults to using the 5-Year Dividend Growth Rate. If both the 10-year and 5-year growth rates are unavailable, the system defaults to the 3-Year Dividend Growth Rate.
However, it's important to note that there is a growth rate range. If the calculated growth rate exceeds 20%, it will be capped at 20%. Conversely, if the calculated growth rate falls below 5%, it will be adjusted to 5% to maintain a reasonable range.
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3. Years of Growth Stage: y1 = 10

4. Terminal Growth Rate: g2 = 4%

5. Dividends per Share: adjusted dividends per share = $.
GuruFocus uses adjusted dividends per share by default to ensure that the valuation reflects the total value of the company, as the actual dividend is only a portion of the total value.

All of the default settings can be changed in the DCF calculator and the results are calculated automatically.

Paramount Gold Nevada's Intrinsic Value: DCF (Dividends Based) for today is calculated as:

Intrinsic Value: DCF (Dividends Based)=Dividends per Share*{[(1+g1)/(1+d)+(1+g1)^2/(1+d)^2+...+(1+g1)^10/(1+d)^10]
+(1+g1)^10/(1+d)^10*[(1+g2)/(1+d)+(1+g2)^2/(1+d)^2+...+(1+g2)^10/(1+d)^10]}

set x = (1+g1)/(1+d) = (1+)/(1+0.11) =
and y = (1+g2)/(1+d) = (1+)/(1+0.11) =

Intrinsic Value: DCF (Dividends Based)=Dividends per Share*{[x+x^2+...+x^10]+x^10*[y+y^2+...+y^10]}
=Dividends per Share*[x*(1-x^10)/(1-x)+x^10*y*(1-y^10)/(1-y)]
=*
=

Margin of Safety % (DCF Dividends Based) = (Intrinsic Value: DCF (Dividends Based)-Current Price) /Intrinsic Value: DCF (Dividends Based)
= ( - 0.4438) /

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Paramount Gold Nevada  (AMEX:PZG) Intrinsic Value: DCF (Dividends Based) Explanation

Unlike valuation methods such as Net Current Asset Value, Tangible Book per Share, Graham Number, Median PS Value etc, discounted Dividends model evaluates the companies based on their power of future dividend distribution instead of their assets.


Be Aware

What you need to know about Discounted Dividends model:

1. The Discounted Dividends model evaluates a company based on its future dividends distribution power
2. Dividend growth is taken into account; therefore a company with a higher dividend growth rate is worth more if everything else is the same.
3. Since we are projecting future growth, it is assumed that the company will grow at the same rate as it did during the past 10 years. Therefore this model works better for the companies with consistently steady dividends distributed.
4. The Discounted Dividends model works poorly for inconsistent dividends distributor like high growth companies.
5. Your expected return from the investment is a reasonable discount rate assumption.
6. A larger margin of safety should be required for companies with less dividends distributed.

You can screen for stocks that trade below their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) and Intrinsic Value: DCF (Dividends Based) with the GuruFocus All-in-One Screener. Companies with a high Predictability Rank that trade at a discount to their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) can be found in the screen of Undervalued Predictable Companies.


Paramount Gold Nevada Intrinsic Value: DCF (Dividends Based) Related Terms

Thank you for viewing the detailed overview of Paramount Gold Nevada's Intrinsic Value: DCF (Dividends Based) provided by GuruFocus.com. Please click on the following links to see related term pages.


Paramount Gold Nevada (Paramount Gold Nevada) Business Description

Traded in Other Exchanges
Address
665 Anderson Street, Winnemucca, NV, USA, 89445
Paramount Gold Nevada Corp is an exploration-stage mining company. Together with its subsidiaries, it is engaged in the business of acquiring, exploring, and developing precious metal projects in the United States. Also, it explores for gold and silver. It enhances the value of projects by implementing exploration and engineering programs that are likely to expand and upgrade known mineralized material to reserves. Paramount tries to realize the value of its projects by selling its projects to producers; joint venturing its projects with other companies; or building and operating small mines on its own. Its projects include sleeper gold, grassy mountain gold, frost project; other non-material, and mineral resources.
Executives
Fcmi Parent Co. 10 percent owner 181 BAY STREET, SUITE 250, TORONTO A6 M5J 2T3
Charitable Foundation Buckingham 10 percent owner 467 LYTTON BLVD., TORONTO A6 M5N 1S5
Samantha Jane Espley director 102 HIDDEN RIDGE COURT, SUDBURY A6 P3E 0G1
Rachel Louise Goldman director, officer: Chief Executive Officer 4721 CIRCLE ROAD, MONTREAL A8 H3W 1Z2
Christopher J. Reynolds director 40 UNIVERSITY AVE., SUITE 102, TORONTO A6 L6J 2K6
John Carden director 925 NORTH HOMESTEAD DR., LIBERTY LAKE WA 99019
John W. Seaberg director C/O KLONDEX MINES LTD, 1055 WEST HASTINGS ST., SUITE 200, VANCOUVER A1 V6C 2E9
Van Treek Glen Alex director, officer: President VIRGINIA 7556 VITACURA, SANTIAGO F3 7630340
Rudi Fronk director 33 LOMBARD STREET #4503, TORONTO A6 M5C 3H8
Carlo Buffone officer: Chief Financial Officer 346 WAVERLEY STREET, OTTAWA A6 K2P0K6
David Stewart Smith director 2997 ROSEBERY AVE, WEST VANCOUVER A1 V7V3A8
Pierre Clement Pelletier director 911 KENNEDY AVE., NORTH VANCOUVER A1 V7R1L4
Fcmi Financial Corp Et Al 10 percent owner BCE PLACE, 181 BAY STREET SUITE 250, TORONTO CANADA A6
Albert Friedberg 10 percent owner
Eliseo Gonzalez-urien director 10911 CORP RANCH, ASHLAND OR 97520