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New Found Gold (New Found Gold) EV-to-FCF : -8.91 (As of Apr. 29, 2024)


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What is New Found Gold EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, New Found Gold's Enterprise Value is $668.25 Mil. New Found Gold's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $-74.98 Mil. Therefore, New Found Gold's EV-to-FCF for today is -8.91.

The historical rank and industry rank for New Found Gold's EV-to-FCF or its related term are showing as below:

NFGC' s EV-to-FCF Range Over the Past 10 Years
Min: -354.61   Med: 0   Max: 0
Current: -9.03

NFGC's EV-to-FCF is ranked worse than
100% of 437 companies
in the Metals & Mining industry
Industry Median: 14 vs NFGC: -9.03

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-29), New Found Gold's stock price is $3.75. New Found Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.326. Therefore, New Found Gold's PE Ratio for today is At Loss.


New Found Gold EV-to-FCF Historical Data

The historical data trend for New Found Gold's EV-to-FCF 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.

New Found Gold EV-to-FCF Chart

New Found Gold Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-FCF
- -36.33 -24.95 -10.83 -8.07

New Found Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-FCF 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 -10.83 -12.32 -11.88 -9.77 -8.07

Competitive Comparison of New Found Gold's EV-to-FCF

For the Gold subindustry, New Found Gold's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


New Found Gold's EV-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, New Found Gold's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where New Found Gold's EV-to-FCF falls into.



New Found Gold EV-to-FCF Calculation

New Found Gold's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=668.248/-74.978
=-8.91

New Found Gold's current Enterprise Value is $668.25 Mil.
New Found Gold's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-74.98 Mil.

* 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.


New Found Gold  (AMEX:NFGC) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

New Found Gold's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3.75/-0.326
=At Loss

New Found Gold's share price for today is $3.75.
New Found Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.326.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


New Found Gold EV-to-FCF Related Terms

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New Found Gold (New Found Gold) Business Description

Traded in Other Exchanges
Address
1600 - 595 Burrard Street, Vancouver, BC, CAN, V6C 2V6
New Found Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in the Provinces of Newfoundland and Labrador and Ontario, Canada. The Company's exploration is focused on discovering and delineating gold resources. The Company has one material property: the Queensway Project located in Newfoundland, Canada (the Queensway Project).