As of 2024-12-15, the Relative Valuation of Noranda Income Fund (NIF.UN.TO) is 6.05 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 1.97 CAD, the upside of Noranda Income Fund based on Relative Valuation is 207.1%.
The range of the Relative Valuation is 3.96 - 8.04 CAD.
| Range | Selected | |
| Trailing P/E multiples | 18.4x - 21.7x | 20.0x |
| Forward P/E multiples | 10.7x - 14.5x | 12.6x |
| Fair Price | 3.96 - 8.04 | 6.05 |
| Upside | 100.9% - 307.9% | 207.1% |
| Date | P/E |