Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Nickel 28 CapitalCONXF +4.33%38 Intrinsic Value: Projected FCF is $0.27 as of Aug. 30, 2026. GuruFocus rates CONXF with a GF Score™ of 38/100. Among 653 Metals & Mining companies, Nickel 28 Capital ranks worse than 60.8% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-08-30), Nickel 28 Capital's Intrinsic Value: Projected FCF is $0.27. The stock price of Nickel 28 Capital is $0.8393. Therefore, Nickel 28 Capital's Price-to-Intrinsic-Value-Projected-FCF of today is 3.1.
The historical rank and industry rank for Nickel 28 Capital's Intrinsic Value: Projected FCF or its related term are showing as below:
CONXF'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 2.78 Med: 3.16 Max: 3.53
Current: 3.11
During the past 7 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Nickel 28 Capital was 3.53. The lowest was 2.78. And the median was 3.16.
CONXF's Price-to-Projected-FCF is ranked worse than 60.8% of 653
companies
in the Metals & Mining industry
Industry Median: 2.4
vs CONXF: 3.11
Nickel 28 Capital (OTCPK:CONXF) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Nickel 28 Capital's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
0.8393
/
0.25023799461982
=
3.35
* 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.
Nickel 28 Capital Intrinsic Value: Projected FCF Related Terms
Nickel 28 Capital Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Nickel 28 Capital's Intrinsic Value: Projected 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.
Nickel 28 Capital Intrinsic Value: Projected FCF Chart
Nickel 28 Capital Intrinsic Value: Projected FCF Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Nickel 28 Capital's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.
Nickel 28 Capital Price-to-Projected-FCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel 28 Capital's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Nickel 28 Capital's Price-to-Projected-FCF falls into.
Nickel 28 Capital Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of $0.27 mean?
Nickel 28 Capital (CONXF) has a Intrinsic Value: Projected FCF of $0.27 as of Aug. 30, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Nickel 28 Capital and its competitors. According to the industry distribution chart, Nickel 28 Capital ranks #397 out of 653 companies in the Metals & Mining industry, placing it in the top 60.8%.
Is Nickel 28 Capital's Intrinsic Value: Projected FCF too high?
Nickel 28 Capital's current Intrinsic Value: Projected FCF is $0.27. The Metals & Mining industry median Intrinsic Value: Projected FCF is 2.40. Nickel 28 Capital's value of $0.27 is 88.8% below this industry median. Based on the distribution chart, Nickel 28 Capital ranks #397 out of 653 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Nickel 28 Capital has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Nickel 28 Capital's Intrinsic Value: Projected FCF compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel 28 Capital ranks #397 out of 653 companies for Intrinsic Value: Projected FCF. This places Nickel 28 Capital in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 2.40. Nickel 28 Capital's value of $0.27 is 88.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Metals & Mining company?
The median Intrinsic Value: Projected FCF among Metals & Mining companies is 2.40, based on 653 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nickel 28 Capital's current Intrinsic Value: Projected FCF of $0.27 is 88.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Nickel 28 Capital and its competitors. For the Metals & Mining industry, the median Intrinsic Value: Projected FCF is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nickel 28 Capital's current Intrinsic Value: Projected FCF is $0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel 28 Capital stock overvalued right now?
Nickel 28 Capital (CONXF) has a current Intrinsic Value: Projected FCF of $0.27. The current Intrinsic Value: Projected FCF is $0.27 and 88.8% below the Metals & Mining industry median of 2.40. Nickel 28 Capital's overall GF Score™ is 38/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Nickel 28 Capital (CONXF), the current Intrinsic Value: Projected FCF is $0.27 as of Aug. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Nickel 28 Capital Corp is a base metals company offering direct exposure to nickel and cobalt. The Company holds a joint-venture interest in the producing Ramu Nickel-Cobalt Operation in Papua New Guinea and manages a portfolio of nickel and cobalt royalties in projects in Canada, Australia, and Papua New Guinea, including royalties in the Dumont nickel project in Quebec and the Turnagain nickel project in British Columbia. The Company is engaged in the management and acquisition of joint venture and royalty interests in the nickel and cobalt sectors. Its primary focus is on opportunities that could provide shareholders with near-term cash flow and royalties on production and exploration-stage nickel and/or cobalt properties. The Company operates in Canada and Asia Pacific.
38GF Score
Get the complete analysis for CONXF
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CONXF has been successfully added to your 
