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Northern Star Resources Ltd
ASX:NST

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Northern Star Resources Ltd
ASX:NST
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Price: 21.86 AUD -3.49% Market Closed
Market Cap: AU$31.3B

P/OCF

11.5
Current
19%
More Expensive
vs 3-y average of 9.6

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
11.5
=
Market Cap
AU$43.5B
/
Operating Cash Flow
AU$2.7B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
11.5
=
Market Cap
AU$43.5B
/
Operating Cash Flow
AU$2.7B

Valuation Scenarios

Northern Star Resources Ltd is trading above its 3-year average

If P/OCF returns to its 3-Year Average (9.6), the stock would be worth AU$18.39 (16% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-20%
Maximum Upside
+15%
Average Downside
6%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 11.5 AU$21.86
0%
3-Year Average 9.6 AU$18.39
-16%
5-Year Average 9.1 AU$17.4
-20%
Industry Average 11.3 AU$21.5
-2%
Country Average 13.2 AU$25.21
+15%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
AU
Northern Star Resources Ltd
ASX:NST
31.3B AUD 11.5 20.2
RU
Polyus PJSC
LSE:PLZL
70.4T USD 34 229.6 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
653.6B ZAR 10.6 11.2
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
171.1B ZAR 6.5 10.5
CN
Zijin Mining Group Co Ltd
SSE:601899
914.7B CNY 10.1 14.8
US
Newmont Corporation
NYSE:NEM
131.4B USD 12.6 18.6
CA
Agnico Eagle Mines Ltd
TSX:AEM
136.2B CAD 14.6 22.4
CA
Barrick Gold Corp
TSX:ABX
92.2B CAD 9 13.8
CA
Barrick Mining Corp
F:ABR0
57.1B EUR 9 13.8
CA
Wheaton Precious Metals Corp
TSX:WPM
88.1B CAD 32.9 42.5
HK
Zijin Gold International Co Ltd
HKEX:2259
428.5B HKD 62.5 34.2

Market Distribution

In line with most companies in Australia
Percentile
44th
Based on 1 393 companies
44th percentile
11.5
Low
0.2 — 8.9
Typical Range
8.9 — 19.2
High
19.2 —
Distribution Statistics
Australia
Min 0.2
30th Percentile 8.9
Median 13.2
70th Percentile 19.2
Max 8 864.3

Northern Star Resources Ltd
Glance View

Northern Star Resources Ltd., a prominent player in the gold mining industry, embarked on its journey from humble beginnings in 2003, evolving into one of Australia's largest gold producers. The company's strategic vision and adept management have facilitated its growth through a combination of organic expansion and well-calculated acquisitions, such as the highly significant purchase of the Jundee and Kalgoorlie operations. This approach allowed Northern Star to bolster its production capabilities and resource base, positioning itself as a leader in the gold mining sector. The backbone of its operations lies in extracting gold from its carefully managed and environmentally conscious mining projects spread across prolific mining regions in Australia and North America. At the heart of Northern Star's business model is its commitment to efficient and sustainable gold production. The company harnesses advanced mining technologies and methodologies, which optimize ore recovery and ensure cost-effective operations. By strategically reinvesting profits into exploration and development, Northern Star continually rejuvenates its resource pipeline, securing its future production potential. In addition to mining, the company benefits from vertical integration through its ownership of processing facilities, allowing it to refine and sell high-purity gold products directly to the market. This end-to-end production capability not only enhances Northern Star's margins but also strengthens its resilience against market volatility, anchoring its reputation as a robust and forward-thinking enterprise in the global mining industry.

NST Intrinsic Value
24.64 AUD
Undervaluation 11%
Intrinsic Value
Price AU$21.86
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