As of 2025-06-02, the Fair Value of New Found Gold Corp (NFG.V) is -1.15 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 2.19 CAD, the upside of New Found Gold Corp is -152.34%.
With the market price of 2.19 CAD and our fair value calculation, New Found Gold Corp (NFG.V) is not a good investment. Investing in NFG.V stocks now will result in a potential loss of 152.34%.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 5Y Avg | |
| Net income | -32.53 | -50.64 | -89.99 | -79.89 | -50.27 | -60.66 |
| YoY growth | -709.31% | -55.65% | -77.70% | 11.22% | 37.08% | -158.87% |
| Market Cap (mil) | 439.66 |
| P/E | |
| Forward P/E |
| EPS | -0.23 |
| Avg earnings growth rate | -158.87% |
| TTM earnings | -46.02 |