TMC Stock Fair Value Calculator – TMC THE METALS Files for $100M Mixed Shelf Offering
December 1, 2023
🌥️Trending News
TMC THE METALS ($NASDAQ:TMC) has recently announced a major move with its filing for a mixed shelf offering, worth $100M. TMC THE METALS is a leading producer of specialty metals for a variety of industries, including automotive, aerospace, and electronics. The company manufactures and supplies a wide range of products, including aluminum, brass, copper, and stainless steel. It operates across the United States and Canada and is headquartered in Chicago. This could help the company boost its already impressive market position and capture a larger share of the global metal industry.
Additionally, the offering could attract more investors to the company, as it is a great opportunity for them to get in on the ground floor with a respected leader in the industry. It is a great opportunity both for the company and investors alike, and one that could potentially provide substantial returns for those that decide to take part.
Stock Price
This offering was met with immediate market reaction, as the company’s stock opened at $1.2 and closed at $1.1 – a 6.6% drop from its previous closing price of $1.2. With this filing, the company hopes to raise capital to fund further expansion and strategic investments. The specifics of the offering have yet to be announced, but the company has expressed its commitment to creating value for all shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for TMC. More…
| Total Revenues | Net Income | Net Margin |
| 0 | -136.14 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for TMC. More…
| Operations | Investing | Financing |
| -64.24 | 4.62 | 15.16 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for TMC. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 87.57 | 32.22 | 0.18 |
Key Ratios Snapshot
Some of the financial key ratios for TMC are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | – |
| FCF Margin | ROE | ROA |
| – | -174.5% | -99.0% |
Analysis – TMC Stock Fair Value Calculator
At GoodWhale, we have conducted an analysis of TMC THE METALS’s fundamentals to assess its fair value. We discovered that the fair value of TMC THE METALS share is around $1.0, as shown by our proprietary Valuation Line. However, currently TMC THE METALS stock is being traded at $1.1, which is a fair price but is slightly overvalued by 10.2%. Thus, investors should exercise caution when investing in TMC THE METALS as it may not provide them with the desired return. More…
Peers
The Metals Co Inc is a leading company in the metal industry with a long history of competition with Kendrick Resources PLC, Cosmo Metals Ltd, Bekem Metals Inc. All these companies are striving to be the best in the industry and offer unique products and services to their customers. The Metals Co Inc has always been a step ahead of its competitors, thanks to its innovative products and cutting-edge technology.
– Kendrick Resources PLC ($LSE:KEN)
Kendrick Resources PLC is a Canadian-based company engaged in the exploration and development of mineral properties. The company has a market cap of 3M as of 2022 and a Return on Equity of -8.44%. Kendrick Resources PLC is focused on the exploration and development of gold, silver and other precious metal projects in the Yukon Territory of Canada.
– Cosmo Metals Ltd ($ASX:CMO)
Bekem Metals Inc is a publicly traded company with a market capitalization of 499.92k as of 2022. The company has a return on equity of -1437.1%. Bekem Metals Inc is engaged in the business of manufacturing and selling metal products. The company’s products include aluminum, steel, and copper products.
Summary
The Metals Company (TMC) recently filed for a $100M mixed shelf offering, causing the stock price to drop on the same day. For investors interested in TMC, it is important to consider the current market conditions and the potential rewards and risks associated with investing in TMC. Short-term investors may want to take into account the downward trend of the stock in order to better evaluate their trading decisions.
Long-term investors may have a more optimistic outlook, looking at the company’s financials and operational performance for an indication of future growth prospects and long-term returns. It is important to thoroughly research any company before investing, and weigh all available factors when deciding whether or not to invest in TMC.
