(NMG) Nouveau Monde Graphite - Overview
Stock: Graphite, Mining, Exploration, Development, Claims
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 154% |
| Relative Tail Risk | -26.4% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.43 |
| Alpha | -13.58 |
| Character TTM | |
|---|---|
| Beta | 0.822 |
| Beta Downside | 0.316 |
| Drawdowns 3y | |
|---|---|
| Max DD | 78.47% |
| CAGR/Max DD | -0.36 |
Description: NMG Nouveau Monde Graphite December 31, 2025
Nouveau Monde Graphite Inc. (NYSE: NMG) focuses on acquiring, exploring, and developing mineral assets in Quebec, Canada, with a primary emphasis on graphite. Its flagship asset is the 100 % owned Matawinie graphite property, which comprises 176 mining claims over 9,264 ha. The company also conducts ancillary real-estate and trading activities and rebranded from Nouveau Monde Mining Enterprises Inc. in February 2017.
According to the most recent public disclosure (2023 technical update), Matawinie hosts an inferred graphite resource measured in the low-single-digit million-tonne range, though the exact tonnage and grade remain unverified by an independent third party. The firm has yet to commence commercial production, and capital-raising efforts to fund a pilot plant are ongoing.
Graphite demand is being driven by the rapid expansion of electric-vehicle (EV) battery manufacturing and the growing market for high-performance anodes, which together account for roughly 30 % of global graphite consumption. Supply constraints in China-a dominant exporter-have heightened interest in North-American projects that can offer lower-carbon, “near-shoring” sources, a macro trend that could benefit companies like Nouveau Monde if they achieve commercial scale.
For a data-rich, independent assessment of NMG’s valuation metrics and peer comparison, consider checking ValueRay’s analyst dashboard.
Piotroski VR‑10 (Strict, 0-10) 0.0
| Net Income: error (cannot be calculated; needs Net Income TTM and Revenue TTM) |
| FCF/TA: -0.40 > 0.02 and ΔFCF/TA -1.86 > 1.0 |
| NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev) |
| CFO/TA -0.30 > 3% & CFO -48.4m > Net Income -132.1m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 0.62 > 1.5 & < 3 |
| Outstanding Shares: last quarter (153.9m) vs 12m ago 35.80% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 0.0% > 50% (prev 0.0%; Δ 0.0% > 0%) |
| Interest Coverage Ratio: -98.52 > 6 (EBITDA TTM -122.8m / Interest Expense TTM 1.33m) |
Altman Z'' -15.00
| A: -0.26 (Total Current Assets 67.3m - Total Current Liabilities 109.0m) / Total Assets 161.3m |
| B: -2.50 (Retained Earnings -404.0m / Total Assets 161.3m) |
| C: -0.84 (EBIT TTM -130.6m / Avg Total Assets 154.6m) |
| D: 0.11 (Book Value of Equity 12.4m / Total Liabilities 112.4m) |
| Altman-Z'' Score: -15.42 = D |
What is the price of NMG shares?
Over the past week, the price has changed by -10.68%, over one month by -25.89%, over three months by -19.92% and over the past year by +1.46%.
Is NMG a buy, sell or hold?
- StrongBuy: 0
- Buy: 3
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the NMG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 5.6 | 168.4% |
| Analysts Target Price | 5.6 | 168.4% |
| ValueRay Target Price | 1.7 | -19.6% |
NMG Fundamental Data Overview February 03, 2026
P/B = 11.9174
Revenue TTM = 0.0 CAD
EBIT TTM = -130.6m CAD
EBITDA TTM = -122.8m CAD
Long Term Debt = 567.0k CAD (from longTermDebt, last quarter)
Short Term Debt = 18.0m CAD (from shortTermDebt, last quarter)
Debt = 19.8m CAD (from shortLongTermDebtTotal, last quarter)
Net Debt = -42.0m CAD (from netDebt column, last quarter)
Enterprise Value = 474.3m CAD (516.3m + Debt 19.8m - CCE 61.8m)
Interest Coverage Ratio = -98.52 (Ebit TTM -130.6m / Interest Expense TTM 1.33m)
EV/FCF = -7.38x (Enterprise Value 474.3m / FCF TTM -64.3m)
FCF Yield = -13.55% (FCF TTM -64.3m / Enterprise Value 474.3m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 11.4m) / Revenue TTM)
Tobins Q-Ratio = 2.94 (Enterprise Value 474.3m / Total Assets 161.3m)
Interest Expense / Debt = 1.43% (Interest Expense 282.9k / Debt 19.8m)
Taxrate = 21.0% (US default 21%)
NOPAT = -103.2m (EBIT -130.6m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.62 (Total Current Assets 67.3m / Total Current Liabilities 109.0m)
Debt / Equity = 0.40 (Debt 19.8m / totalStockholderEquity, last quarter 49.0m)
Debt / EBITDA = 0.34 (negative EBITDA) (Net Debt -42.0m / EBITDA -122.8m)
Debt / FCF = 0.65 (negative FCF - burning cash) (Net Debt -42.0m / FCF TTM -64.3m)
Total Stockholder Equity = 118.0m (last 4 quarters mean from totalStockholderEquity)
RoA = -85.41% (Net Income -132.1m / Total Assets 161.3m)
RoE = -112.0% (Net Income TTM -132.1m / Total Stockholder Equity 118.0m)
RoCE = -110.2% (out of range, set to none) (EBIT -130.6m / Capital Employed (Equity 118.0m + L.T.Debt 567.0k))
RoIC = -76.17% (negative operating profit) (NOPAT -103.2m / Invested Capital 135.5m)
WACC = 8.65% (E(516.3m)/V(536.1m) * Re(8.94%) + D(19.8m)/V(536.1m) * Rd(1.43%) * (1-Tc(0.21)))
Discount Rate = 8.94% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 58.96%
Fair Price DCF = unknown (Cash Flow -64.3m)
EPS Correlation: 11.56 | EPS CAGR: -38.27% | SUE: -3.44 | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: 0.0% | SUE: 0.0 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.10 | Chg30d=-0.020 | Revisions Net=-1 | Analysts=2
EPS next Year (2026-12-31): EPS=-0.27 | Chg30d=-0.050 | Revisions Net=-2 | Growth EPS=+66.7% | Growth Revenue=+0.0%