High uncertainty:The valuation methods show significant disagreement (>100% spread). Treat the range as a rough guide rather than a precise estimate.
Fair Value Range
Bear Case (25th pct.)
$16.56
-4.7% vs price
Base Case (Median)
$32.78
88.6% vs price
Bull Case (75th pct.)
$33.79
94.4% vs price
$16.56$32.78$33.79
◇ = Current price | |Bear |Base | Bull
Method Breakdown
Method
Est. Value
vs Price
Weight
DCF (Discounted Cash Flow)
$0.34
-98.1%
High (40%)
PE Comparable
$34.80
100.2%
Medium (25%)
Graham Number
$32.78
88.6%
Low (10%)
Interpretation
Based on 3 out of 8 methods, NREF appears fairly valued at the current price of $17.38. The base case fair value of $32.78 implies 88.6% upside.
Bear/base/bull cases represent the 25th, 50th, and 75th percentile of available method estimates. This is not financial advice. Valuation is inherently uncertain.
