Published on 30 Sep 2023 on Simply Wall St. via Yahoo Finance
A Look At The Intrinsic Value Of Newcrest Mining Limited (ASX:NCM)
Key Insights
The projected fair value for Newcrest Mining is AU$21.56 based on 2 Stage Free Cash Flow to EquityNewcrest Mining's AU$24.52 share price indicates it is trading at similar levels as its fair value estimate The US$27.74 analyst price target for NCM is 29% more than our estimate of fair value
Does the October share price for Newcrest Mining Limited (ASX:NCM) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by projecting its future cash flows and then discounting them to today's value. We will take advantage of the Discounted Cash Flow (DCF) model for this purpose. Models like these may appear beyond the comprehension of a lay person, but they're fairly easy to follow.