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Nova Lithium (XCNQ:NVLI) EV-to-FCF : 7.22 (As of Jun. 16, 2024)


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What is Nova Lithium EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Nova Lithium's Enterprise Value is C$1.72 Mil. Nova Lithium's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 was C$0.24 Mil. Therefore, Nova Lithium's EV-to-FCF for today is 7.22.

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

XCNQ:NVLI' s EV-to-FCF Range Over the Past 10 Years
Min: -19.06   Med: 0   Max: 24.99
Current: 7.22

During the past 3 years, the highest EV-to-FCF of Nova Lithium was 24.99. The lowest was -19.06. And the median was 0.00.

XCNQ:NVLI's EV-to-FCF is ranked better than
71.14% of 447 companies
in the Metals & Mining industry
Industry Median: 15.4 vs XCNQ:NVLI: 7.22

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 (2024-06-16), Nova Lithium's stock price is C$0.08. Nova Lithium's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.019. Therefore, Nova Lithium's PE Ratio for today is At Loss.


Nova Lithium EV-to-FCF Historical Data

The historical data trend for Nova Lithium'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.

Nova Lithium EV-to-FCF Chart

Nova Lithium Annual Data
Trend Jun21 Jun22 Jun23
EV-to-FCF
- - -16.44

Nova Lithium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -19.07 -16.44 20.85 13.75 8.95

Competitive Comparison of Nova Lithium's EV-to-FCF

For the Other Industrial Metals & Mining subindustry, Nova Lithium'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.


Nova Lithium's EV-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Nova Lithium's EV-to-FCF falls into.



Nova Lithium EV-to-FCF Calculation

Nova Lithium's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1.719/0.238
=7.22

Nova Lithium's current Enterprise Value is C$1.72 Mil.
Nova Lithium's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.24 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.


Nova Lithium  (XCNQ:NVLI) 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.

Nova Lithium's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.08/-0.019
=At Loss

Nova Lithium's share price for today is C$0.08.
Nova Lithium's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.019.

* 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.


Nova Lithium EV-to-FCF Related Terms

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Nova Lithium (XCNQ:NVLI) Business Description

Traded in Other Exchanges
Address
1110 Hamilton Street, Suite 306, Vancouver, BC, CAN, V6B 2S2
Nova Lithium Corp is engaged in the exploration and evaluation of resource properties. The company is predominantly engaged in the acquisition, exploration and development of lithium brine and lithium clay properties. It holds 100% interest in Deer Musk West Project.

Nova Lithium (XCNQ:NVLI) Headlines

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