MHTZF (Manhattan Gold) Intrinsic Value: Projected FCF: $-0.13 (As of Aug. 31, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

What is Manhattan Gold Intrinsic Value: Projected FCF?

Manhattan Gold MHTZF Intrinsic Value: Projected FCF is $-0.13 as of Aug. 31, 2026. Among 653 Metals & Mining companies, Manhattan Gold ranks worse than 153139.2% 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 (2026-08-31), Manhattan Gold's Intrinsic Value: Projected FCF is $-0.13. The stock price of Manhattan Gold is $0.0555. Therefore, Manhattan Gold's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Manhattan Gold's Intrinsic Value: Projected FCF or its related term are showing as below:

MHTZF's Price-to-Projected-FCF is not ranked *
in the Metals & Mining industry.
Industry Median: 2.4
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Manhattan Gold  (OTCPK:MHTZF) 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.

Manhattan Gold's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.0555/-0.042261682497725
=

* 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.


Manhattan Gold Intrinsic Value: Projected FCF Related Terms


Manhattan Gold Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Manhattan Gold'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.

Manhattan Gold Intrinsic Value: Projected FCF Chart

Manhattan Gold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 -0.11 -0.12 -0.64 -0.09

Manhattan Gold Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Intrinsic Value: Projected 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 Premium Member Only 0.00 -0.64 0.00 -0.09 0.00

MHTZF vs NEM, AU: Intrinsic Value: Projected FCF Comparison

For the Gold subindustry, Manhattan Gold'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.


Manhattan Gold Price-to-Projected-FCF vs Metals & Mining Industry

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

* The bar in red indicates where Manhattan Gold's Price-to-Projected-FCF falls into.



Manhattan Gold 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.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Manhattan Gold's Free Cash Flow(6 year avg) = $-1.37.

Manhattan Gold's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun25)*0.8)/Shares Outstanding (Diluted Average)
=(11.455297782575*-1.3664285714286+8.473*0.8)/209.988
=-0.04

* 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 $-0.13 mean?
Manhattan Gold (MHTZF) has a Intrinsic Value: Projected FCF of $-0.13 as of Aug. 31, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Manhattan Gold and its competitors. According to the industry distribution chart, Manhattan Gold ranks #999999 out of 653 companies in the Metals & Mining industry.
Is Manhattan Gold's Intrinsic Value: Projected FCF too high?
Manhattan Gold's current Intrinsic Value: Projected FCF is $-0.13. Based on the distribution chart, Manhattan Gold ranks #999999 out of 653 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Manhattan Gold's Intrinsic Value: Projected FCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Manhattan Gold ranks #999999 out of 653 companies for Intrinsic Value: Projected FCF. This places Manhattan Gold in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 2.40. 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. 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 Manhattan Gold 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. Manhattan Gold's current Intrinsic Value: Projected FCF is $-0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manhattan Gold stock overvalued right now?
Manhattan Gold (MHTZF) has a current Intrinsic Value: Projected FCF of $-0.13. The current Intrinsic Value: Projected FCF is $-0.13. 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 Manhattan Gold (MHTZF), the current Intrinsic Value: Projected FCF is $-0.13 as of Aug. 31, 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.

Manhattan Gold Business Description

Other Exchanges MHC:Australia
Address 35 Richardson Street, Level 1, West Perth, Perth, WA, AUS, 6005
Manhattan Gold Corp Ltd is an explorer focused on growing shareholder value through project acquisition, exploration and ore discovery. It is focused on Hook Lake Project, Tibooburra Gold Project, Ponton Uranium Project, and L3 Project.