This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Nova Minerals's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0. Nova Minerals's 10-Year median PS Ratio is . Therefore, the Median PS Value for today is $0.00.
As of today (2024-06-09), Nova Minerals's share price is $0.21. Nova Minerals's Median PS Value is $0.00. Therefore, Nova Minerals's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for Nova Minerals's Median PS Value or its related term are showing as below:
NVAAF's Price-to-Median-PS-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 1.02 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
Nova Minerals Median PS Value Historical Data
The historical data trend for Nova Minerals's Median PS Value 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.
Competitive Comparison of Nova Minerals's Median PS Value
For the Other Industrial Metals & Mining subindustry, Nova Minerals's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Minerals's Price-to-Median-PS-Value Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nova Minerals's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Nova Minerals's Price-to-Median-PS-Value falls into.
Nova Minerals Median PS Value Calculation
Nova Minerals's Median PS Value for today is calculated as
10-Year Median PS Ratio is .
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nova Minerals's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.
* 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 Minerals (OTCPK:NVAAF) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Nova Minerals's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.21
/
0.00
=
* 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 Minerals Median PS Value Related Terms
Thank you for viewing the detailed overview of Nova Minerals's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Nova Minerals (Nova Minerals) Business Description
Nova Minerals Ltd is a minerals explorer and developer focused on gold and lithium projects in North America. It has a diversified portfolio of projects across the US, Canada, and Australia. Its key projects include Nova's 6.2Moz Estelle Gold Project on Korbel Main and RPM in Alaska, which holds some of North America's largest gold deposits, and the company's majority-owned Snow Lakes Resources, a proposed zero carbon lithium spodumene project in Canada ideally located on rail access to the US Auto Alley. Nova aims to provide shareholders with diversification through exposure to base and precious metals and to capitalize on the growing demand for lithium-based energy storage.
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