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NioCorp Developments (TSX:NB) Intrinsic Value: Projected FCF : C$-3.19 (As of Jun. 06, 2024)


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What is NioCorp Developments Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-06-06), NioCorp Developments's Intrinsic Value: Projected FCF is C$-3.19. The stock price of NioCorp Developments is C$3.43. Therefore, NioCorp Developments's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for NioCorp Developments's Intrinsic Value: Projected FCF or its related term are showing as below:

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of NioCorp Developments was 86.67. The lowest was 35.59. And the median was 61.13.

TSX:NB's Price-to-Projected-FCF is not ranked *
in the Metals & Mining industry.
Industry Median: 1.33
* Ranked among companies with meaningful Price-to-Projected-FCF only.

NioCorp Developments Intrinsic Value: Projected FCF Historical Data

The historical data trend for NioCorp Developments's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NioCorp Developments Intrinsic Value: Projected FCF Chart

NioCorp Developments Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.46 -6.32 -6.44 -2.43 -3.77

NioCorp Developments Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.03 -3.77 -3.49 -3.27 -2.87

Competitive Comparison of NioCorp Developments's Intrinsic Value: Projected FCF

For the Other Industrial Metals & Mining subindustry, NioCorp Developments's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NioCorp Developments's Price-to-Projected-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, NioCorp Developments's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where NioCorp Developments's Price-to-Projected-FCF falls into.



NioCorp Developments Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get NioCorp Developments's Free Cash Flow(6 year avg) = C$-10.01.

NioCorp Developments's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar24)/0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-10.01136+-2.834/0.8)/34.0918
=-2.90

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NioCorp Developments  (TSX:NB) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

NioCorp Developments's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=3.43/-2.8996464590834
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NioCorp Developments Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of NioCorp Developments's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


NioCorp Developments (TSX:NB) Business Description

Traded in Other Exchanges
Address
7000 South Yosemite Street, Suite 115, Centennial, CO, USA, 80112
NioCorp Developments Ltd is a pure play critical minerals project in Nebraska that plans to produce niobium, scandium, titanium, and magnetic rare earths. The Elk Creek Project is the highest-grade Niobium project under development in North America and is the second largest indicated or rare earth Mineral Resource in the United States. All of NioCorp's planned products are designed as critical by the United States Government. All are vital to clean technologies and the global energy transition.
Executives
Anna Castner Wightman Director
Mark Smith Director, Senior Officer