# Northcliff Resources Ltd. (NCF.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Basic Materials / Metals & Mining. Price C$0.39, market value C$246 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Northcliff Resources Ltd. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / book: 9.8×**. The shares trade at 9.8× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: -3.8%** (5-yr avg -22.4%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Return on equity: -5.3%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -1.4%**. Return on all capital, debt included, is -1.4%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -1.4%**. Each dollar of assets produces -1.4% of profit.

## Growth
- **EPS growth (1 yr): 38.9%**. Earnings per share rose 38.9%.

## Financial health
- **Debt to equity: 0.14**. Debt is 0.14 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Northcliff Resources Ltd. holds more cash than debt.
- **Interest coverage: -1.6×**. Operating profit covers interest only -1.6×: fragile.
- **Current ratio: 0.97** (quick 0.97). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 29.12**. A Z-score of 29.12 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Northcliff Resources Ltd. does not currently pay a dividend, but it returned -0.5% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): 116.7%** (YTD 59.2%, 3-mo 32.2%). The shares are up 116.7% over twelve months including dividends.
- **From 52-week high: -40.9%** (225.0% above the low). Trading 41% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 69**. An RSI of 69 is neutral.
- **Beta (1 yr): 3.27** (volatility 214%). Beta of 3.27 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NCF.TO · Page: https://foliofundamentals.com/stocks/ncf.to

Not investment advice.