Nouveau Monde Graphite Inc. (NMG) Fair Value 2026

NMG · Other Industrial Metals & Mining ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

5.0 /10

32 fundamental signals · 2 models active

Value Trap Risk

LOW (30/100)

Quick Summary — As of 2026-08-28, Nouveau Monde Graphite Inc. (NMG) trades at $1.44, versus a $3.60 median fair value across its 2 active models — 150.3% above the current price. QOC: 5.0/10. Value Trap Risk: 30/100 (LOW). 2/13 models active.

Key Facts

Ticker
NMG
Price
$1.44
Quality Score
5.0/10
Value Trap Risk
30/100
Models Active
2/13
Last Updated
Strength: FTNN Topology suggests +393.4% upside with 4% confidence
Risk: Below-average Quality Score of 5.0/10 signals weak fundamentals

Is Nouveau Monde Graphite Inc. (NMG) Undervalued or Overvalued in 2026?

According to CirclFi’s 2-model valuation engine, Nouveau Monde Graphite Inc. (NMG) appears undervalued as of : the median of 2 independent fair value estimates is $3.60, 150.3% above the current price of $1.44. Estimates range from $0.10 to $7.11. NMG scores 5.0/10 on fundamental quality and 30/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.4% versus its own 13-model consensus, across 3,809 rated companies as of 2026-08-28. NMG’s +150.3% gap is wider than that market norm, and the Other Industrial Metals & Mining sector median is -44.1%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Nouveau Monde Graphite Inc. Stock in 2026? →

What Fair Value Does Each Model Give NMG?

2 Intrinsic Value Models vs. Current Price ($1.44)

Core Models (Unlocked)
Model Fair Value Upside
Asset-Based · Medium Conviction
 $0.10 -92.9%
Relative · Low Conviction
 $7.11 +393.4%

All Models Active

All 2 models are displayed above.

What Is Nouveau Monde Graphite Inc. (NMG) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Nouveau Monde Graphite Inc.'s intrinsic value is estimated at $3.60, presenting a divided outlook at the current price of $1.44. With a median implied return of +150.3% across a split 1–1 (bull–bear) consensus, the model spread of +486.3% underscores analytical uncertainty. Notably, FTNN sees the most upside at +393.4% (fair value: $7.11), while Dynamic NAV is the most conservative at -92.9% ($0.10). The spread between these extremes — +486.3% — reveals how different analytical frameworks can reach starkly different conclusions.

What Do the Models Say About NMG?

2 of 13 models are currently active for NMG. Of these, 1 model suggests upside while 1 model suggests overvaluation. Taken together, their median fair value for NMG is $3.60 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does NMG Rank in Other Industrial Metals & Mining?

Among 65 Other Industrial Metals & Mining stocks, NMG ranks #28 by Quality of Company score. CirclFi's QOC score of 5.0/10 evaluates 32 fundamental signals. A score of 5.0 reflects mixed fundamentals.

See all Most Undervalued Other Industrial Metals & Mining Stocks →

The Other Industrial Metals & Mining sector introduces analytical considerations specific to manufacturing company businesses. For Nouveau Monde Graphite Inc., metrics like book-to-bill ratio provide important context that general-purpose valuation models may underweight.

Is NMG a Value Trap?

CirclFi's Value Trap algorithm assigns NMG a score of 30/100 (LOW). This indicates low risk. The financial profile does not exhibit typical value trap warning signs. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

2 of 13 models are active for Nouveau Monde Graphite Inc.. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, Nouveau Monde Graphite Inc. earns a quality score of 5.0/10. This mixed rating reflects the company's standing across 32 fundamental signals spanning profitability, growth consistency, balance sheet strength, and capital allocation efficiency.

The gap between the most bullish and bearish model spans +486.3% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every NMG valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across NMG's 2 active models, average confidence is 22%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Nouveau Monde Graphite Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Other Industrial Metals & Mining Stocks Should You Also Analyze?

11 related Other Industrial Metals & Mining stocks with 13-model coverage

XPLSolitario Resources Corp.QOC 5.0GROBrazil Potash Corp.QOC 4.9ATLXAtlas Lithium CorporationQOC 5.0NEXMNexMetals Mining Corp.QOC 4.9CHNRChina Natural Resources, Inc.QOC 5.0ELVRElevra Lithium LimitedQOC 4.8ELBMElectra Battery Materials CorporationQOC 4.0LGOLargo Inc.QOC 2.6ALMAlmonty Industries Inc.QOC 5.5MTRNMaterion CorporationQOC 8.9BHPBHP Group LimitedQOC 8.3

Read investment analysis: XPL · GRO · ATLX · NEXM · CHNR · ELVR · ELBM · LGO · ALM · MTRN · BHP

Which Other Stocks Have a Similar Quality Score to NMG?

7 companies across all industries closest to NMG’s Quality of Company score of 5.0/10.

TCRTAlaunos Therapeutics, Inc.QOC 5.0GNTAGenenta Science S.p.A.QOC 5.0DHCDiversified Healthcare TrustQOC 5.0PALXPalomino Laboratories Inc.QOC 5.0KODKodiak Sciences Inc.QOC 5.0DEFTDeFi Technologies Inc.QOC 5.0NVDANVIDIA CorporationQOC 10.0

Read investment analysis: TCRT · GNTA · DHC · PALX · KOD · DEFT · NVDA

Where Does NMG Sit in CirclFi's Other Industrial Metals & Mining Rankings?

NMG is ranked against every other Other Industrial Metals & Mining stock CirclFi covers in each of these screens.

See all Other Industrial Metals & Mining stocks ranked →

What Else Do Investors Ask About Nouveau Monde Graphite Inc.’s Valuation?

What is Nouveau Monde Graphite Inc.'s intrinsic value in 2026?

CirclFi puts Nouveau Monde Graphite Inc. (NMG)'s intrinsic value at $3.60 — the median of 2 independent model estimates as of 2026-08-28, ranging from $0.10 to $7.11. The Quality of Company score is 5.0/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is NMG overvalued or undervalued right now?

At $1.44, 1 of 2 active models suggest NMG may be undervalued, while 1 indicate potential overvaluation. The median of all 2 fair value estimates is $3.60, 150.3% above the current price of $1.44 — a consensus view that NMG is undervalued. The assessment depends on which methodology best fits Nouveau Monde Graphite Inc.'s business model in Other Industrial Metals & Mining.

What does a Quality of Company score of 5.0 mean for NMG?

Nouveau Monde Graphite Inc.'s QOC of 5.0/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores between 5-7 reflect moderate fundamentals with areas for improvement.

How many valuation models does CirclFi run on NMG?

CirclFi analyzes NMG with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 2 of 13 are active for this stock. Read the full methodology →

Is NMG a value trap in 2026?

Nouveau Monde Graphite Inc.'s Value Trap score is 30/100 (LOW). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap. Browse stocks by value-trap risk →

Cite this analysis — “According to CirclFi’s 2-model valuation engine, Nouveau Monde Graphite Inc. (NMG) has a median fair value of $3.60 — 150.3% above the current price of $1.44 — as of 2026-08-28.” Source: circlfi.com/stock/NMG/ · Methodology
Primary sources for this NMG valuation
  • Financial statements: Nouveau Monde Graphite Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0001649752) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for NMG as of ; valuations recomputed .