Group Eleven Resources Stock Current Valuation
| ZNG Stock | CAD 0.18 0.01 5.26% |
Valuation analysis of Group Eleven Resources helps investors to measure Group Eleven's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value is likely to climb to about 28.4 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (10.99) in 2024. Fundamental drivers impacting Group Eleven's valuation include:
Price Book 6.655 | Enterprise Value 35.6 M | Enterprise Value Ebitda (17.29) |
Undervalued
Today
Please note that Group Eleven's price fluctuation is out of control at this time. Calculation of the real value of Group Eleven Resources is based on 3 months time horizon. Increasing Group Eleven's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Group Eleven Resources is useful when determining the fair value of the Group stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Group Eleven. Since Group Eleven is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Group Stock. However, Group Eleven's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 0.18 | Real 0.0 | Hype 0.0 |
The real value of Group Stock, also known as its intrinsic value, is the underlying worth of Group Eleven Resources Company, which is reflected in its stock price. It is based on Group Eleven's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Group Eleven's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Group Eleven's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Group Eleven Resources helps investors to forecast how Group stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Group Eleven more accurately as focusing exclusively on Group Eleven's fundamentals will not take into account other important factors: Group Eleven Resources Company Current Valuation Analysis
Group Eleven's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Group Eleven Current Valuation | 35.59 M |
Most of Group Eleven's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Group Eleven Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Group Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Group Eleven is extremely important. It helps to project a fair market value of Group Stock properly, considering its historical fundamentals such as Current Valuation. Since Group Eleven's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Group Eleven's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Group Eleven's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Group Eleven Resources has a Current Valuation of 35.59 M. This is 99.69% lower than that of the Metals & Mining sector and 99.82% lower than that of the Materials industry. The current valuation for all Canada stocks is 99.79% higher than that of the company.
Group Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Group Eleven's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Group Eleven could also be used in its relative valuation, which is a method of valuing Group Eleven by comparing valuation metrics of similar companies.Group Eleven is currently under evaluation in current valuation category among related companies.
Group Eleven Current Valuation Drivers
We derive many important indicators used in calculating different scores of Group Eleven from analyzing Group Eleven's financial statements. These drivers represent accounts that assess Group Eleven's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Group Eleven's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.8M | 8.3M | 15.1M | 10.1M | 30.4M | 31.9M | |
| Enterprise Value | 3.0M | 6.0M | 14.2M | 9.0M | 27.1M | 28.4M |
Group Fundamentals
| Return On Equity | -0.24 | |||
| Return On Asset | -0.14 | |||
| Current Valuation | 35.59 M | |||
| Shares Outstanding | 200.44 M | |||
| Shares Owned By Insiders | 35.21 % | |||
| Shares Owned By Institutions | 1.43 % | |||
| Number Of Shares Shorted | 522 | |||
| Price To Book | 6.66 X | |||
| EBITDA | (2.59 M) | |||
| Net Income | (2.49 M) | |||
| Cash And Equivalents | 919.3 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 40 K | |||
| Current Ratio | 3.82 X | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (2.13 M) | |||
| Short Ratio | 0.19 X | |||
| Earnings Per Share | (0.02) X | |||
| Beta | 1.43 | |||
| Market Capitalization | 36.08 M | |||
| Total Asset | 12.34 M | |||
| Retained Earnings | (17.58 M) | |||
| Working Capital | 2.53 M | |||
| Net Asset | 12.34 M |
About Group Eleven Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Group Eleven Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Group Eleven using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Group Eleven Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Group Eleven in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Group Eleven's short interest history, or implied volatility extrapolated from Group Eleven options trading.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Group Eleven Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Group Stock analysis
When running Group Eleven's price analysis, check to measure Group Eleven's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Group Eleven is operating at the current time. Most of Group Eleven's value examination focuses on studying past and present price action to predict the probability of Group Eleven's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Group Eleven's price. Additionally, you may evaluate how the addition of Group Eleven to your portfolios can decrease your overall portfolio volatility.
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