Canada Nickel Company Inc (CNC) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Canada Nickel Company Inc stock C$0.48, price C$0.98, that is 50.6% below the price, quality 16 out of 100. Rating: strongly overvalued. Calculated from audited financials with one of our 26 valuation models and 37 quality factors, updated daily.
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Canada Nickel Company Inc., together with its subsidiaries, engages in the exploration, discovery, and development of nickel sulphide assets for electric vehicle, green energy, and stainless steel markets in Canada.
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Its flagship project is the Crawford Nickel project located in northern Ontario, Canada. The company also develops zero-carbon production of nickel, cobalt, and iron. Canada Nickel Company Inc. was incorporated in 2019 and is headquartered in Toronto, Canada.
Stock analysis
Canada Nickel Company Inc (CNC) currently trades at C$0.9800, while our model-based Fair Value estimate is C$0.4845, 51% below the price, so the stock looks overvalued today.
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Valuation
How firm this estimate is: it rests on 1 models at a data quality of 93/100, which puts the data coverage at low.
Scenario range: C$0.3655 (bear) to C$0.7310 (bull), the price of C$0.9800 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 16/100 (below-average quality), in the Basic Materials sector.
Canada Nickel Company Inc reported revenue of C$0 in FY2025 versus C$0 in FY2021. Reported net income was −C$26.2M in FY2025.
Key figures
Market cap C$264M (≈ $188M) Micro · EPS (TTM) C$−0.1100 · Return on equity −11.5% · Return on assets (EBIT) −7.5% · Free cash flow −C$5.1M · Net debt C$39.5M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 9 out of 100 (medium confidence).
What moves the price
The share trades about 61% below its 52-week high and 7% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −9% fair-value upside, at −51%, CNC screens richer than that median.
Fair Value models
BearC$0.3655Fair Value C$0.4845BullC$0.7310
Price C$0.9800 · Downside -50.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
NCAV (Graham)C$0.4300C$0.5700C$0.860054
All 1 models by family
Asset-Based
NCAV (Graham)C$0.4300C$0.5700C$0.860054
The fair value above starts from this blend and is adjusted for dilution from new shares.
News mood ⓘNews mood, the average tone of recent news (84 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
Compare Canada Nickel Company Inc with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Other Industrial Metals & Mining · 370 stocks
Beats the industry median on 2/7 measures
Overall it trails its industry peers.
Valuation
Quality Score16 · Bottom 25%
Fair Value upside−50.6% · Below median
Profitability
Return on assets−9.2% · Below median
Operating margin (12 months)0.0% · Below median
Growth and dividend
Revenue growth (quarter YoY)0.0% · Below median
Balance sheet
Debt / equity0.05× · Below median
Valuation Multiplesvs Other Industrial Metals & Mining median · lower = cheaper
P/B0.85× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 92
PAST (return on equity)0· sector 0
HEALTH (low debt)97· sector 95
DIVIDEND (yield)0· sector 34
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Canada Nickel Company Inc Fair Value". https://www.fairvalue-calculator.com/stock/CNC
Frequently asked questions
Is Canada Nickel Company Inc (CNC) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of C$0.4845 versus a price of C$0.9800, about 51% lower (overvalued).
What is the fair value of CNC?
Our model-based fair value for Canada Nickel Company Inc is C$0.4845 (as of Nov 3, 2026), built from audited fundamentals. The current price: C$0.9800.
What is the quality score of CNC?
Canada Nickel Company Inc has a Quality Score of 16/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Canada Nickel Company Inc (CNC)?
Our model-based price target is the fair value of C$0.4845 (as of Nov 3, 2026) from 1 valuation models. Cautious scenario C$0.3655, optimistic scenario C$0.7310. It is a calculation from audited fundamentals, not an analyst target.
What is the Canada Nickel Company Inc stock forecast for 2026?
Our models put fair value at C$0.4845, about 51% lower versus a price of C$0.9800 (overvalued). Cautious scenario C$0.3655, optimistic scenario C$0.7310. The calculation is refreshed regularly with new filings.
What is the intrinsic value of Canada Nickel Company Inc (CNC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Canada Nickel Company Inc it is C$0.4845 per share (as of Nov 3, 2026), against a price of C$0.9800. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Canada Nickel Company Inc stock overvalued or undervalued in 2026?
As of Nov 3, 2026, CNC trades above its calculated fair value: price C$0.9800, fair value C$0.4845, a gap of about −51% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CNC?
No. The price is what the market pays today (C$0.9800); the fair value is what the company's own numbers justify (C$0.4845). For Canada Nickel Company Inc the two are C$0.4955 per share apart. That gap is exactly why we show both numbers side by side.
How much is Canada Nickel Company Inc worth?
The market values Canada Nickel Company Inc at about C$264M (market capitalisation, as of Nov 3, 2026). Per share that is C$0.9800; our models calculate a fair value of C$0.4845 per share.
What do the bullish and bearish scenarios say about CNC?
Our models span a range for Canada Nickel Company Inc: cautious scenario C$0.3655, base C$0.4845, optimistic C$0.7310 per share (as of Nov 3, 2026, price C$0.9800). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Canada Nickel Company Inc (CNC)?
Balance-sheet figures for Canada Nickel Company Inc (as of Nov 3, 2026): return on equity −11.5%, debt of 0.05 per unit of equity. They feed the Quality Score of 16/100, which measures business quality independently of the share price.
How far is CNC from its 52-week high?
Canada Nickel Company Inc trades at C$0.9800, about 61% below its 52-week high of C$2.54 and 7% above the low of C$0.9200 (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of C$0.4845 is for.
Which stocks are comparable to Canada Nickel Company Inc?
From the same area (Basic Materials) we also value BHP Group, Saudi Arabian Mining Company, CMOC Group, Hindustan Zinc Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Canada Nickel Company Inc stock attractive at the current price?
The data as of Nov 3, 2026: price C$0.9800, calculated fair value C$0.4845 (−51%), Quality Score 16/100, from 1 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CNC calculated?
We run Canada Nickel Company Inc through 1 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of C$0.4845, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.5% above its aggregate fair value. Canada Nickel Company Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Canada Nickel Company Inc (CNC)?
The closing price on Nov 5, 2026 was C$0.9800. Our model-based fair value is C$0.4845, about 51% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Canada Nickel Company Inc right now?
The price sits above even our optimistic bull case (C$0.7310). The favourable scenario is already priced in. Weak quality (16/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (C$0.3655 to C$0.7310) leaves room in how you read the outcome.
Key figures of Canada Nickel Company Inc
How large is the market capitalisation of Canada Nickel Company Inc (CNC)?
The market capitalisation of Canada Nickel Company Inc is C$264M (≈ $188M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What are the earnings per share of Canada Nickel Company Inc (CNC)?
Earnings per share at Canada Nickel Company Inc are C$−0.1100. Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of Canada Nickel Company Inc (CNC)?
The return on equity (ROE) of Canada Nickel Company Inc is −11.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Canada Nickel Company Inc (CNC)?
On an EBIT basis the return on assets of Canada Nickel Company Inc is −7.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
How much free cash flow does Canada Nickel Company Inc (CNC) generate?
The free cash flow of Canada Nickel Company Inc is −C$5.1M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Canada Nickel Company Inc (CNC) carry?
The net debt of Canada Nickel Company Inc is C$39.5M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 3, 2026
