XTG.TO Fair Value

27.27 %

Upside

As of 2023-11-28, the Fair Value of Xtra Gold Resources Corp (XTG.TO) is 1.18 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 0.93 CAD, the upside of Xtra Gold Resources Corp is 27.27%.

0.93 CAD

Stock Price

1.18 CAD

Fair Price

FAIR VALUE CALCULATION

XTG.TO Fair Value

Peter Lynch's formula is:

XTG.TO Fair Value

= Earnings Growth Rate x TTM EPS

XTG.TO Fair Value

= 25.00 x 0.03

XTG.TO Fair Value

= 1.18

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 TTM EPS is negative, we do not compute Peter Lynch's formula for that stock. 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%.

	Historical Earnings

	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	5Y Avg
Net income	1.31	2.25	1.86	0.84	0.63	1.38
YoY growth	263.89%	71.76%	-17.33%	-55.05%	-24.43%	47.77%

XTG.TO Fair Value - Key Data

Market Cap (mil)	43.04
P/E	19.64x
Forward P/E	49.48x

EPS	0.03
Avg earnings growth rate	47.77%
TTM earnings	1.61