EN DE
Watch Northern Graphite Corporation for free: we tell you when fair value or trend changes.
Data-driven stock valuation

Northern Graphite Corporation (NGC) fair value: what the stock is really worth

As of Nov 9, 2026: fair value (intrinsic value) of Northern Graphite Corporation stock C$0.06, price C$0.06, that is 3.5% below the price, quality 23 out of 100. Rating: fairly valued. The value is an estimate: none of our valuation models currently carries, it draws on revenue and assets compared with similar companies. Updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Basic Materials CA · ISIN CA66516A1057

NG Northern Graphite Corporation logo Thin data Nov 10, 2026

Northern Graphite Corporation

NGC · V
Fairly valued, weak quality

The stock costs about what our calculation considers fair.

Fair value C$0.0579 · Fairly valued
Mixed Growth (revenue 3y +27.7 %/yr in CAD)
Negative equity (buybacks among others)
Revenue last quarter 66% below a year ago.
Quality 23/100
Loss-making · -85.3% net margin (FY2025)
Negative free cash flow
Trails peers (2/7)
Narrow moat 8/100 · thin data
Thin data
⟳ CyclicalEstimate
Watch Northern Graphite Corporation for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

C$0.8800 C$0.0550 Fair Value C$0.0579 May 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 10, 2026.

How to read this chart

60‑month range C$0.0550 – C$0.8800 · fair‑value band C$0.0494 – C$0.0664 · the C$0.0600 price screens above the C$0.0579 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 10, 2026.

Follow Northern Graphite in your weekly email

Every Wednesday you see whether Northern Graphite is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Northern Graphite Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and production of graphite and other mineral properties in Canada and Namibia. The company offers natural flake graphite; and Porocarb, a porous hard carbon material.

Show moreShow less

It also provides lab services to third parties; and engages in battery materials business. The company operates The Lac des Iles Mine, The Okanjande Mine, and The Bissett Creek Project mines.

The company was formerly known as Industrial Minerals Canada Inc. and changed its name to Northern Graphite Corporation in March 2010. Northern Graphite Corporation was incorporated in 2002 and is headquartered in Ottawa, Canada.

Stock analysis

Northern Graphite Corporation (NGC) currently trades at C$0.0600, while our estimate is C$0.0579, so the stock looks roughly fairly valued today (gap 3.6%).

Show more

Valuation

None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.

Scenario range: C$0.0494 (bear) to C$0.0664 (bull), the price of C$0.0600 sits inside 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 23/100 (below-average quality), in the Basic Materials sector.

Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.

Northern Graphite Corporation reported revenue of C$25.0M in FY2025 versus C$3.7M in FY2021, a compound +61.3%/yr. Reported net income was −C$21.3M in FY2025.

Key figures

Market cap C$9.5M (≈ $6.7M) Micro · P/S ratio 1.22 · EPS (TTM) C$−0.1900 · Net margin −85.3% · Return on equity −331% · Return on assets (EBIT) −14.3% (5-year average) · Operating margin −141% · Revenue growth (YoY) −65.5%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 8 out of 100 (low confidence).

What moves the price

The share trades about 83% below its 52-week high and at its 52-week low, currently below its 200-day average.

For context, the median of 10 Basic Materials peers we cover trades at −21% fair-value upside, at −4%, NGC screens cheaper than that median.

Fair Value

Bear C$0.0494 Fair Value C$0.0579 Bull C$0.0664
Price C$0.0600 · Downside -3.5%
Estimate. None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.

Quality Score breakdown

Overall quality 23/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 5
How much profit the company makes from its sales and capital
Quality Growth 74
Are margins and returns getting better?
Cashflow 13
Do the profits arrive as real cash?
Financial strength 4
Debt, balance sheet and risk of trouble
Investment 75
Does it invest with discipline instead of growing at any price?
Low Volatility 50
How calm the share price moves, does not count
Price momentum 0
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 0
Distance to the 52-week high, does not count
New shares 0
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 29/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+3.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+27.7%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−99.1% (2021) → −47.8% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

Watch NGC, get fair value alerts →

Compare Northern Graphite Corporation with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

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 · 575 stocks

Beats the industry median on 2/7 measures
Overall it trails its industry peers.
Valuation
Quality Score 23 · Bottom 25%
Fair Value upside −3.5% · Top 25%
Profitability
Return on equity (12 months) Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Return on assets −29.5% · Bottom 25%
Net margin (12 months) −85.3% · Bottom 25%
Operating margin (12 months) −141.4% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) −65.5% · Bottom 25%
Balance sheet
Debt / equity Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.

Valuation Multiplesvs Other Industrial Metals & Mining median · lower = cheaper

P/B Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
P/S (12 months) 1.16× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)29 · sector 4
FUTURE (revenue growth)0 · sector 45
PAST (return on equity)0 · sector 0
HEALTH (low debt)0 · sector 96
DIVIDEND (yield)0 · sector 34

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Vedanta Limited VEDL ₹262.00 ₹334.17 +28% vs NGC
Saudi Arabian Mining Company 1211 57.00 SAR 64.24 SAR +13% vs NGC
Western Mining Co 601168 ¥28.25 ¥30.98 +10% vs NGC
Hindustan Zinc Limited HINDZINC ₹575.95 ₹624.91 +9% vs NGC
BHP Group BHP A$59.87 A$47.47 −21% vs NGC
Zhejiang Huayou Cobalt Co 603799 ¥32.69 ¥25.57 −22% vs NGC
Korea Zinc Company 010130 967,000 KRW 649,125 KRW −33% vs NGC
Xiamen Tungsten Co 600549 ¥37.34 ¥19.72 −47% vs NGC
CMOC Group 603993 ¥13.71 ¥6.82 −50% vs NGC
China Tungsten And Hightech Materials Co 000657 ¥40.90 ¥4.44 −89% vs NGC

Explore undervalued stocks

More undervalued Basic Materials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend StocksUndervalued 52-Week Low StocksStocks for 2027: Large Companies Below Fair Value

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Free calculator Peter Lynch Fair Value Formula &…Free calculator
Run the numbers yourself: free valuation calculators
DCF CalculatorP/E Ratio CalculatorPEG Ratio CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorIntrinsic ValueIntrinsic vs Extrinsic ValueP/E Ratio by Sector
For bloggers & editors: embed code + live data

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.

Northern Graphite Corporation: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Northern Graphite Corporation Fair Value". https://www.fairvalue-calculator.com/stock/NGC

Frequently asked questions

Is Northern Graphite Corporation (NGC) overvalued or undervalued?
As of Nov 10, 2026, our estimate of fair value is C$0.0579 versus a price of C$0.0600, about 4% lower (fairly valued).
What is the fair value of NGC?
Our estimate for Northern Graphite Corporation is C$0.0579 (as of Nov 10, 2026), built from audited fundamentals. The current price: C$0.0600.
What is the quality score of NGC?
Northern Graphite Corporation has a Quality Score of 23/100. 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 Northern Graphite Corporation (NGC)?
Our calculated price target is the estimate of C$0.0579 (as of Nov 10, 2026). Cautious scenario C$0.0494, optimistic scenario C$0.0664. It is an estimate from revenue and assets compared with similar companies, because none of our valuation models currently carries, not an analyst target.
What is the Northern Graphite Corporation stock forecast for 2026?
Our estimate puts fair value at C$0.0579, about 4% lower versus a price of C$0.0600 (fairly valued). Cautious scenario C$0.0494, optimistic scenario C$0.0664. The calculation is refreshed regularly with new filings.
What is the intrinsic value of Northern Graphite Corporation (NGC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Northern Graphite Corporation it is C$0.0579 per share (as of Nov 10, 2026), against a price of C$0.0600.
Is Northern Graphite Corporation stock overvalued or undervalued in 2026?
As of Nov 10, 2026, NGC trades above its calculated fair value: price C$0.0600, fair value C$0.0579, a gap of about −4% (fairly valued). 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 NGC?
No. The price is what the market pays today (C$0.0600); the fair value is what the company's own numbers justify (C$0.0579). For Northern Graphite Corporation the two are C$0.0021 per share apart. That gap is exactly why we show both numbers side by side.
How much is Northern Graphite Corporation worth?
The market values Northern Graphite Corporation at about C$9.5M (market capitalisation, as of Nov 10, 2026). Per share that is C$0.0600; our models calculate a fair value of C$0.0579 per share.
What do the bullish and bearish scenarios say about NGC?
Our models span a range for Northern Graphite Corporation: cautious scenario C$0.0494, base C$0.0579, optimistic C$0.0664 per share (as of Nov 10, 2026, price C$0.0600). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Northern Graphite Corporation (NGC)?
Balance-sheet figures for Northern Graphite Corporation (as of Nov 10, 2026): negative equity, so no return on equity and no debt-to-equity ratio. They feed the Quality Score of 23/100, which measures business quality independently of the share price.
How far is NGC from its 52-week high?
Northern Graphite Corporation trades at C$0.0600, about 83% below its 52-week high of C$0.3550 and at the low of C$0.0600 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of C$0.0579 is for.
Which stocks are comparable to Northern Graphite Corporation?
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 Northern Graphite Corporation stock attractive at the current price?
The data as of Nov 10, 2026: price C$0.0600, calculated fair value C$0.0579 (−4%), Quality Score 23/100. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
Is it still worth investing in stocks now?
The global stock market currently sits 15.2% above its aggregate fair value. Northern Graphite Corporation 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 Northern Graphite Corporation (NGC)?
The closing price on Nov 9, 2026 was C$0.0600. Our estimate is C$0.0579, about 4% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Northern Graphite Corporation right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Key figures of Northern Graphite Corporation

How large is the market capitalisation of Northern Graphite Corporation (NGC)?
The market capitalisation of Northern Graphite Corporation is C$9.5M (≈ $6.7M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Northern Graphite Corporation (NGC)?
The price-to-sales ratio of Northern Graphite Corporation is 1.22 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Northern Graphite Corporation (NGC)?
Earnings per share at Northern Graphite Corporation are C$−0.1900. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Northern Graphite Corporation (NGC)?
The net margin of Northern Graphite Corporation is −85.3% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Northern Graphite Corporation (NGC)?
The return on equity (ROE) of Northern Graphite Corporation is −331% (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 Northern Graphite Corporation (NGC)?
On an EBIT basis the return on assets of Northern Graphite Corporation is −14.3% (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.
What is the operating margin of Northern Graphite Corporation (NGC)?
The operating margin of Northern Graphite Corporation is −141% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Northern Graphite Corporation (NGC)?
Revenue at Northern Graphite Corporation is growing −65.5% versus a year earlier (3y avg +27.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Northern Graphite Corporation (NGC) generate?
The free cash flow of Northern Graphite Corporation is −C$1.5M (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 Northern Graphite Corporation (NGC) carry?
The net debt of Northern Graphite Corporation is C$44.6M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch Northern Graphite Corporation in the live analysis

One click puts Northern Graphite Corporation on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.