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NEW FOUND GOLD CORP (NFG.CA) Stock Fundamental Analysis

TSX-V:NFG - TSX Venture Exchange - CA64440N1033 - Common Stock - Currency: CAD

2.49  -0.08 (-3.11%)

Fundamental Rating

2

NFG gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 822 industry peers in the Metals & Mining industry. The financial health of NFG is average, but there are quite some concerns on its profitability. NFG does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

NFG had negative earnings in the past year.
NFG had a negative operating cash flow in the past year.
NFG had negative earnings in each of the past 5 years.
In the past 5 years NFG always reported negative operating cash flow.
NFG.CA Yearly Net Income VS EBIT VS OCF VS FCFNFG.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 -20M -40M -60M -80M -100M

1.2 Ratios

Looking at the Return On Assets, with a value of -64.02%, NFG is doing worse than 66.67% of the companies in the same industry.
With a Return On Equity value of -72.75%, NFG is not doing good in the industry: 60.36% of the companies in the same industry are doing better.
Industry RankSector Rank
ROA -64.02%
ROE -72.75%
ROIC N/A
ROA(3y)-69.99%
ROA(5y)-59.43%
ROE(3y)-90.35%
ROE(5y)-72.11%
ROIC(3y)N/A
ROIC(5y)N/A
NFG.CA Yearly ROA, ROE, ROICNFG.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 -50 -100 -150 -200

1.3 Margins

NFG does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
NFG.CA Yearly Profit, Operating, Gross MarginsNFG.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023

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2. Health

2.1 Basic Checks

The number of shares outstanding for NFG has been increased compared to 1 year ago.
NFG has more shares outstanding than it did 5 years ago.
NFG has a worse debt/assets ratio than last year.
NFG.CA Yearly Shares OutstandingNFG.CA Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 50M 100M 150M
NFG.CA Yearly Total Debt VS Total AssetsNFG.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 50M 100M

2.2 Solvency

NFG has an Altman-Z score of 21.81. This indicates that NFG is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of NFG (21.81) is better than 84.12% of its industry peers.
NFG has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of NFG (0.00) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 21.81
ROIC/WACCN/A
WACCN/A
NFG.CA Yearly LT Debt VS Equity VS FCFNFG.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 0 50M -50M 100M -100M

2.3 Liquidity

A Current Ratio of 4.36 indicates that NFG has no problem at all paying its short term obligations.
With a decent Current ratio value of 4.36, NFG is doing good in the industry, outperforming 74.06% of the companies in the same industry.
NFG has a Quick Ratio of 4.36. This indicates that NFG is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 4.36, NFG is in the better half of the industry, outperforming 75.03% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 4.36
Quick Ratio 4.36
NFG.CA Yearly Current Assets VS Current LiabilitesNFG.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M

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3. Growth

3.1 Past

NFG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 38.30%, which is quite impressive.
EPS 1Y (TTM)38.3%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%53.85%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

NFG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.87% yearly.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y41.31%
EPS Next 2Y25.73%
EPS Next 3Y1.38%
EPS Next 5Y14.87%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
NFG.CA Yearly Revenue VS EstimatesNFG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500K 1M 1.5M
NFG.CA Yearly EPS VS EstimatesNFG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 -0.1 -0.2 -0.3 -0.4

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4. Valuation

4.1 Price/Earnings Ratio

NFG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year NFG is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
NFG.CA Price Earnings VS Forward Price EarningsNFG.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
NFG.CA Per share dataNFG.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 -0.2

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y25.73%
EPS Next 3Y1.38%

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5. Dividend

5.1 Amount

No dividends for NFG!.
Industry RankSector Rank
Dividend Yield N/A

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NEW FOUND GOLD CORP

TSX-V:NFG (3/7/2025, 7:00:00 PM)

2.49

-0.08 (-3.11%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-12 2024-11-12/bmo
Earnings (Next)03-19 2025-03-19/amc
Inst Owners5.26%
Inst Owner ChangeN/A
Ins Owners3.61%
Ins Owner ChangeN/A
Market Cap499.15M
Analysts83.33
Price Target10.3 (313.65%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-29.45%
Min EPS beat(2)-29.45%
Max EPS beat(2)-29.45%
EPS beat(4)1
Avg EPS beat(4)-32.15%
Min EPS beat(4)-94.17%
Max EPS beat(4)24.49%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-80%
EPS NY rev (1m)0%
EPS NY rev (3m)-6.52%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 6.33
P/tB 6.33
EV/EBITDA N/A
EPS(TTM)-0.29
EYN/A
EPS(NY)-0.18
Fwd EYN/A
FCF(TTM)-0.33
FCFYN/A
OCF(TTM)-0.32
OCFYN/A
SpS0
BVpS0.39
TBVpS0.39
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -64.02%
ROE -72.75%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-69.99%
ROA(5y)-59.43%
ROE(3y)-90.35%
ROE(5y)-72.11%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 385.82%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 4.36
Quick Ratio 4.36
Altman-Z 21.81
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)588.32%
Cap/Depr(5y)1089.36%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)38.3%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%53.85%
EPS Next Y41.31%
EPS Next 2Y25.73%
EPS Next 3Y1.38%
EPS Next 5Y14.87%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y41.06%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year72.36%
EBIT Next 3Y1.67%
EBIT Next 5Y14.87%
FCF growth 1Y10.66%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y4.4%
OCF growth 3YN/A
OCF growth 5YN/A