As of 2025-12-17, the Fair Value of Novo Resources Corp (NVO.TO) is -0.22 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 0.11 CAD, the upside of Novo Resources Corp is -300.81%.
With the market price of 0.11 CAD and our fair value calculation, Novo Resources Corp (NVO.TO) is not a good investment. Investing in NVO.TO stocks now will result in a potential loss of 300.81%.
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 | ||||||
| 2020-01-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 5Y Avg | |
| Net income | -11.96 | -17.42 | -0.70 | -105.42 | -127.81 | -52.66 |
| YoY growth | 21.83% | -45.65% | 95.96% | -14,874.15% | -21.24% | -2,964.65% |
| Market Cap (mil) | 39.01 |
| P/E | |
| Forward P/E |
| EPS | -0.04 |
| Avg earnings growth rate | -2,964.65% |
| TTM earnings | -15.67 |