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NGE Capital Limited (NGE) Fair Value & Analysis

Financial Services · AU · Market cap A$42.9M

NC NGE Capital Limited NGE · AU
PriceA$1.31
Fair ValueA$1.48
Upside+13.4%
Quality65/100
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Mixed Growth
Low debt · generates free cash flow
Mixed vs. peers (6/11)
Narrow moat 41/100
Evidence: High Range A$1.11 – A$1.85 Share as image

Fair value as of: Aug 13, 2026

From 2 valuation models · updated yesterday

Fair value updated Aug 13, 2026, revised from A$2.50 to A$1.48 (−40.8%) since Jul 16, 2026. Share price +4.4% over the past month.

A solid business, screening 13% undervalued on our models.

What matters now

  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
  • Our model range runs from A$1.11 (bear) to A$1.85 (bull), base A$1.48. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 65/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

A$1.45 A$0.0020 Fair Value A$1.48 Jun 2011 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range A$0.0020 – A$1.45 · fair‑value band A$1.11 – A$1.85 · the A$1.31 price screens below the A$1.48 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

NGE Capital Limited (NGE) currently trades at A$1.31, while our model-based Fair Value estimate is A$1.48, implying the stock looks roughly 13.4% undervalued today. The Quality Score stands at 65/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Trailing-twelve-month revenue stands at A$933K. Revenue declined 80.3% year over year. It earns a return on equity of 22.1%. The balance sheet holds a net cash position of A$7.3M. Fundamentals as of Aug 13, 2026

Our scenario range runs from A$1.11 (bear case) to A$1.85 (bull case); at A$1.31, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 10% below its 52-week high and 20% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -33% fair-value upside, at 13%, NGE screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
P/B Multiple A$1.11 A$1.48 A$1.85 55
NCAV (Graham) A$0.8700 A$1.17 A$1.75 50
All 2 models by family
Multiples
P/B Multiple A$1.11 A$1.48 A$1.85 55
Asset-Based
NCAV (Graham) A$0.8700 A$1.17 A$1.75 50

Widest divergence: Multiples (A$1.48) versus Asset-Based (A$1.17). Highest evidence: P/B Multiple (55).

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Key figures & financial health

Revenue (TTM) A$933K
Revenue growth (YoY) -80.3%
Net margin 1,288%
Return on equity 22.1%
Free cash flow A$2.7M FY2025
P/E ratio 3.7
More key figures
Operating margin -163%
EPS (TTM) A$0.3500
EPS growth (YoY) +2,032%
Net cash A$7.3M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 65/100

Of which business quality 69 · Market factors (momentum, volatility) 59

Profitability 55
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 75
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 36
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 52
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

NGE Capital Limited operates as an investment company in Australia. It invests in listed and unlisted securities. The company was formerly known as New Guinea Energy Limited and changed its name to NGE Capital Limited in June 2017. NGE Capital Limited was founded in 2005 and is based in Melbourne, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

NGE Capital Limited reported revenue of A$933K in FY2025 versus A$693K in FY2021, a compound +7.7%/yr. Reported net income was A$12.0M in FY2025, compounding +13.1%/yr from FY2021.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
A$933K
Avg. growth/yr (3Y) 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.
+65.4%
Avg. growth/yr (5Y) 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.
−6.4%
Avg. growth/yr (18Y) 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.
+36.9%
Revenue +7.7%/yr
FY21 A$693K
FY22 A$741K
FY23 A$4.2M
FY24 A$3.1M
FY25 A$933K
Net income +13.1%/yr
FY21 A$7.3M
FY22 −A$1.9M
FY23 A$8.9M
FY24 A$4.8M
FY25 A$12.0M

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Cite: Fair Value Calculator (2026). "NGE Capital Limited Fair Value". https://www.fairvalue-calculator.com/stock/NGE

Peer Group

Asset Management · 690 stocks

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.

Quality Score 65 · Above median
Fair Value upside +13% · Above median
Return on equity (TTM) 22% · Top 25%
Return on assets -1% · Bottom 25%
Operating margin (TTM) -163% · Bottom 25%
Revenue growth -80% · Bottom 25%

Valuation Multiples vs Asset Management median · lower = cheaper

P/E (TTM) 3.7× · Cheaper than 75% of peers
P/B 0.51× · Cheaper than 75% of peers
P/S (TTM) 32.54× · Pricier than 75% of peers
P/FCF 11.3× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 51 · sector 38
FUTURE 0 · sector 14
PAST 88 · sector 25
HEALTH 100 · sector 95
DIVIDEND 0 · sector 68

Insider activity: 45/100

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

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AB Industrivärden INDUA kr 544.00 kr 375.93 -31%
ICICIAMC ICICIAMC ₹3,077 ₹1,132 -63%
Jio Financial Services Limited JIOFIN ₹256.05 ₹171.84 -33%
Hedef Holding HEDEF 267.25 TRY 321.44 TRY +20%
Bajaj Holdings BAJAJHLDNG ₹11,579 ₹11,257 -3%
HDFC Asset Management Company HDFCAMC ₹2,490 ₹866.78 -65%
Nippon Life Asset Management Limited NAMINDIA ₹1,182 ₹311.00 -74%

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Frequently asked questions

Is NGE Capital Limited (NGE) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of A$1.48 versus a price of A$1.31, about +13% (undervalued).
What is the fair value of NGE?
Our model-based fair value for NGE Capital Limited is A$1.48 (as of Aug 13, 2026), built from audited fundamentals. The current price is A$1.31.
What is the quality score of NGE?
NGE Capital Limited has a Quality Score of 65/100. 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 revenue of NGE Capital Limited (NGE)?
NGE Capital Limited reported trailing-twelve-month revenue of about A$933K (latest available figure, as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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