Nouveau Monde Graphite Inc (NMG) fair value: what the stock is really worth
As of Oct 23, 2026: fair value (intrinsic value) of Nouveau Monde Graphite Inc stock $0.10, price $0.94, upside -89.2%, quality 25 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Fair value above price?No
Good quality?No
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 26, 2026.
How to read this chart
60‑month range $0.8892 – $9.33 · fair‑value band $0.0765 – $0.1445 · the $0.9420 price screens above the $0.1020 fair value. Dashed = 300-day average. As of Oct 26, 2026.
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Nouveau Monde Graphite Inc. engages in the acquisition, exploration, development, and evaluation of mineral properties in Quebec, Canada. It primarily explores for graphite.
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The company's flagship property is the 100% owned Matawinie graphite property including 176 mining claims covering an area of 9,264 hectares located in Quebec. It also involved in the real estate and trading activities, as well as active anode material operations.
The company was formerly known as Nouveau Monde Mining Enterprises Inc. and changed its name to Nouveau Monde Graphite Inc. in February 2017. The company was founded in 2012 and is headquartered in Saint-Michel-Des-Saints, Canada.
Stock analysis
Nouveau Monde Graphite Inc (NMG) currently trades at $0.9420, while our model-based Fair Value estimate is $0.1020, 89.2% 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 96/100, which puts the data coverage at low.
Scenario range: $0.0765 (bear) to $0.1445 (bull), the price of $0.9420 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 25/100 (below-average quality), in the Basic Materials sector.
Nouveau Monde Graphite Inc reported revenue of C$0 in FY2025 versus C$0 in FY2021. Reported net income was −C$105M in FY2025.
Key figures
Market cap $310M Small · EPS (TTM) $−0.3100 · Return on equity −21.7% · Return on assets (EBIT) −16.9% · Free cash flow −$58.5M · Net cash $55.1M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 5 out of 100 (medium confidence).
What moves the price
The share trades about 71% below its 52-week high and 6% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at 10% fair-value upside, at −89%, NMG screens richer than that median.
Fair Value models
Bear$0.0765Fair Value $0.1020Bull$0.1445
Price $0.9420 · Upside -89.2%
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)$0.0900$0.1200$0.170054
All 1 models by family
Asset-Based
NCAV (Graham)$0.0900$0.1200$0.170054
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 (94 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 Nouveau Monde Graphite Inc with another stock
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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 · 384 stocks
Beats the industry median on 1/7 measures
Overall it trails its industry peers.
Valuation
Quality Score25 · Bottom 25%
Fair Value upside−89.2% · Bottom 25%
Profitability
Return on assets−60.3% · Bottom 25%
Operating margin (12 months)0.0% · Below median
Growth and dividend
Revenue growth (quarter YoY)0.0% · Below median
Balance sheet
Debt / equity0.01× · Lowest 25%
Valuation Multiplesvs Other Industrial Metals & Mining median · lower = cheaper
P/B3.89× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 76
PAST (return on equity)0· sector 0
HEALTH (low debt)100· sector 95
DIVIDEND (yield)0· sector 33
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). "Nouveau Monde Graphite Inc Fair Value". https://www.fairvalue-calculator.com/stock/NMG.US
Frequently asked questions
Is Nouveau Monde Graphite Inc (NMG) overvalued or undervalued?
As of Oct 26, 2026, our model estimates a fair value of $0.1020 versus a price of $0.9420, about −89% upside (overvalued).
What is the fair value of NMG?
Our model-based fair value for Nouveau Monde Graphite Inc is $0.1020 (as of Oct 26, 2026), built from audited fundamentals. The current price: $0.9420.
What is the quality score of NMG?
Nouveau Monde Graphite Inc has a Quality Score of 25/100. 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 Nouveau Monde Graphite Inc (NMG)?
Our model-based price target is the fair value of $0.1020 (as of Oct 26, 2026) from 1 valuation models. Cautious scenario $0.0765, optimistic scenario $0.1445. It is a calculation from audited fundamentals, not an analyst target.
What is the Nouveau Monde Graphite Inc stock forecast for 2026?
Our models put fair value at $0.1020, about −89% upside versus a price of $0.9420 (overvalued). Cautious scenario $0.0765, optimistic scenario $0.1445. The calculation is refreshed regularly with new filings.
What is the intrinsic value of Nouveau Monde Graphite Inc (NMG)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Nouveau Monde Graphite Inc it is $0.1020 per share (as of Oct 26, 2026), against a price of $0.9420. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Nouveau Monde Graphite Inc stock overvalued or undervalued in 2026?
As of Oct 26, 2026, NMG trades above its calculated fair value: price $0.9420, fair value $0.1020, a gap of about −89% (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 NMG?
No. The price is what the market pays today ($0.9420); the fair value is what the company's own numbers justify ($0.1020). For Nouveau Monde Graphite Inc the two are $0.8400 per share apart. That gap is exactly why we show both numbers side by side.
How much is Nouveau Monde Graphite Inc worth?
The market values Nouveau Monde Graphite Inc at about $310M (market capitalisation, as of Oct 26, 2026). Per share that is $0.9420; our models calculate a fair value of $0.1020 per share.
What do the bullish and bearish scenarios say about NMG?
Our models span a range for Nouveau Monde Graphite Inc: cautious scenario $0.0765, base $0.1020, optimistic $0.1445 per share (as of Oct 26, 2026, price $0.9420). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Nouveau Monde Graphite Inc (NMG)?
Balance-sheet figures for Nouveau Monde Graphite Inc (as of Oct 26, 2026): return on equity −21.7%, debt of 0.01 per unit of equity. They feed the Quality Score of 25/100, which measures business quality independently of the share price.
How far is NMG from its 52-week high?
Nouveau Monde Graphite Inc trades at $0.9420, about 71% below its 52-week high of $3.21 and 6% above the low of $0.8892 (as of Oct 23, 2026). Distance from the high says nothing about value: that is what the fair value of $0.1020 is for.
Which stocks are comparable to Nouveau Monde Graphite Inc?
From the same area (Basic Materials) we also value Saudi Arabian Mining Company, CMOC Group, Hindustan Zinc Limited, China Tungsten And Hightech Materials Co, 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 Nouveau Monde Graphite Inc stock attractive at the current price?
The data as of Oct 26, 2026: price $0.9420, calculated fair value $0.1020 (−89%), Quality Score 25/100, 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 NMG calculated?
We run Nouveau Monde Graphite 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 $0.1020, 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 12.7 % above its aggregate fair value. Nouveau Monde Graphite 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 Nouveau Monde Graphite Inc (NMG)?
The closing price on Oct 23, 2026 was $0.9420. Our model-based fair value is $0.1020, about −89% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Nouveau Monde Graphite Inc right now?
The price sits above even our optimistic bull case ($0.1445). The favourable scenario is already priced in. Weak quality (25/100) 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 ($0.0765 to $0.1445) leaves room in how you read the outcome.
Key figures of Nouveau Monde Graphite Inc
How large is the market capitalisation of Nouveau Monde Graphite Inc (NMG)?
The market capitalisation of Nouveau Monde Graphite Inc is $310M. 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 Nouveau Monde Graphite Inc (NMG)?
Earnings per share at Nouveau Monde Graphite Inc are $−0.3100. Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of Nouveau Monde Graphite Inc (NMG)?
The return on equity (ROE) of Nouveau Monde Graphite Inc is −21.7% (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 Nouveau Monde Graphite Inc (NMG)?
On an EBIT basis the return on assets of Nouveau Monde Graphite Inc is −16.9% (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 Nouveau Monde Graphite Inc (NMG) generate?
The free cash flow of Nouveau Monde Graphite Inc is −$58.5M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Nouveau Monde Graphite Inc (NMG) hold?
Nouveau Monde Graphite Inc holds more cash than debt, $55.1M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Thin data
Oct 26, 2026