NEW GOLD INC (NGD.CA) Stock Fundamental Analysis
Canada - TSX:NGD - CA6445351068 - Common Stock
9.07 CAD
+0.01 (+0.11%)
Taking everything into account, NGD scores 5 out of 10 in our fundamental rating. NGD was compared to 805 industry peers in the Metals & Mining industry. NGD has an excellent profitability rating, but there are concerns on its financial health. NGD is evaluated to be cheap and growing strongly. This does not happen too often!
1. Profitability
1.1 Basic Checks
NGD had positive earnings in the past year.
NGD had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: NGD reported negative net income in multiple years.
In the past 5 years NGD always reported a positive cash flow from operatings.
1.2 Ratios
NGD has a better Return On Assets (5.89%) than 90.43% of its industry peers.
The Return On Equity of NGD (13.15%) is better than 93.29% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.04%, NGD belongs to the top of the industry, outperforming 95.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.89% | ||
| ROE | 13.15% | ||
| ROIC | 10.04% |
ROA(3y)-0.23%
ROA(5y)0.29%
ROE(3y)-1.79%
ROE(5y)-0.14%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of NGD (14.04%) is better than 92.92% of its industry peers.
In the last couple of years the Profit Margin of NGD has declined.
With an excellent Operating Margin value of 27.28%, NGD belongs to the best of the industry, outperforming 94.16% of the companies in the same industry.
In the last couple of years the Operating Margin of NGD has grown nicely.
The Gross Margin of NGD (83.76%) is better than 99.38% of its industry peers.
In the last couple of years the Gross Margin of NGD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.28% | ||
| PM (TTM) | 14.04% | ||
| GM | 83.76% |
OM growth 3Y2.5%
OM growth 5YN/A
PM growth 3Y-16.2%
PM growth 5YN/A
GM growth 3Y1.61%
GM growth 5Y2.32%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NGD is creating some value.
Compared to 1 year ago, NGD has more shares outstanding
The number of shares outstanding for NGD has been increased compared to 5 years ago.
The debt/assets ratio for NGD is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.70, we must say that NGD is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.70, NGD perfoms like the industry average, outperforming 46.34% of the companies in the same industry.
NGD has a Debt/Equity ratio of 0.50. This is a healthy value indicating a solid balance between debt and equity.
NGD has a worse Debt to Equity ratio (0.50) than 73.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.7 |
ROIC/WACC1.2
WACC8.33%
2.3 Liquidity
NGD has a Current Ratio of 0.89. This is a bad value and indicates that NGD is not financially healthy enough and could expect problems in meeting its short term obligations.
NGD has a Current ratio of 0.89. This is in the lower half of the industry: NGD underperforms 63.35% of its industry peers.
A Quick Ratio of 0.62 indicates that NGD may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.62, NGD is doing worse than 66.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
NGD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 366.67%, which is quite impressive.
The Earnings Per Share has been growing by 16.55% on average over the past years. This is quite good.
NGD shows a strong growth in Revenue. In the last year, the Revenue has grown by 27.24%.
NGD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.95% yearly.
EPS 1Y (TTM)366.67%
EPS 3Y16.55%
EPS 5YN/A
EPS Q2Q%450%
Revenue 1Y (TTM)27.24%
Revenue growth 3Y7.44%
Revenue growth 5Y7.95%
Sales Q2Q%41.34%
3.2 Future
NGD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.82% yearly.
The Revenue is expected to grow by 16.67% on average over the next years. This is quite good.
EPS Next Y168.45%
EPS Next 2Y120.11%
EPS Next 3Y64.89%
EPS Next 5Y24.82%
Revenue Next Year49.54%
Revenue Next 2Y48.87%
Revenue Next 3Y25.92%
Revenue Next 5Y16.67%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 23.26, which indicates a rather expensive current valuation of NGD.
Based on the Price/Earnings ratio, NGD is valued cheaply inside the industry as 91.06% of the companies are valued more expensively.
NGD's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.89.
With a Price/Forward Earnings ratio of 7.03, the valuation of NGD can be described as very cheap.
Based on the Price/Forward Earnings ratio, NGD is valued cheaper than 95.65% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of NGD to the average of the S&P500 Index (22.99), we can say NGD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.26 | ||
| Fwd PE | 7.03 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NGD indicates a rather cheap valuation: NGD is cheaper than 94.04% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.64 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
NGD has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as NGD's earnings are expected to grow with 64.89% in the coming years.
PEG (NY)0.14
PEG (5Y)N/A
EPS Next 2Y120.11%
EPS Next 3Y64.89%
5. Dividend
5.1 Amount
No dividends for NGD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:NGD (10/24/2025, 7:00:00 PM)
9.07
+0.01 (+0.11%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners64.79%
Inst Owner ChangeN/A
Ins Owners3.76%
Ins Owner ChangeN/A
Market Cap7.18B
Revenue(TTM)1.03B
Net Income(TTM)144.90M
Analysts78.46
Price Target8.27 (-8.82%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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)2
Avg EPS beat(2)67.89%
Min EPS beat(2)4.72%
Max EPS beat(2)131.06%
EPS beat(4)4
Avg EPS beat(4)61.24%
Min EPS beat(4)4.72%
Max EPS beat(4)131.06%
EPS beat(8)7
Avg EPS beat(8)102.11%
EPS beat(12)9
Avg EPS beat(12)61.78%
EPS beat(16)11
Avg EPS beat(16)50.02%
Revenue beat(2)1
Avg Revenue beat(2)9.71%
Min Revenue beat(2)-4.85%
Max Revenue beat(2)24.28%
Revenue beat(4)1
Avg Revenue beat(4)3.79%
Min Revenue beat(4)-4.85%
Max Revenue beat(4)24.28%
Revenue beat(8)4
Avg Revenue beat(8)2.57%
Revenue beat(12)7
Avg Revenue beat(12)2.03%
Revenue beat(16)9
Avg Revenue beat(16)0.46%
PT rev (1m)2.1%
PT rev (3m)16.06%
EPS NQ rev (1m)-7.02%
EPS NQ rev (3m)6%
EPS NY rev (1m)0%
EPS NY rev (3m)32.03%
Revenue NQ rev (1m)-0.07%
Revenue NQ rev (3m)1.84%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)9.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.26 | ||
| Fwd PE | 7.03 | ||
| P/S | 4.96 | ||
| P/FCF | N/A | ||
| P/OCF | 10.07 | ||
| P/B | 4.65 | ||
| P/tB | 4.65 | ||
| EV/EBITDA | 10.64 |
EPS(TTM)0.39
EY4.3%
EPS(NY)1.29
Fwd EY14.23%
FCF(TTM)-0.14
FCFYN/A
OCF(TTM)0.9
OCFY9.93%
SpS1.83
BVpS1.95
TBVpS1.95
PEG (NY)0.14
PEG (5Y)N/A
Graham Number4.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.89% | ||
| ROE | 13.15% | ||
| ROCE | 13.94% | ||
| ROIC | 10.04% | ||
| ROICexc | 11.35% | ||
| ROICexgc | 11.35% | ||
| OM | 27.28% | ||
| PM (TTM) | 14.04% | ||
| GM | 83.76% | ||
| FCFM | N/A |
ROA(3y)-0.23%
ROA(5y)0.29%
ROE(3y)-1.79%
ROE(5y)-0.14%
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
ROICexgc growth 3Y11.53%
ROICexgc growth 5YN/A
ROICexc growth 3Y11.53%
ROICexc growth 5YN/A
OM growth 3Y2.5%
OM growth 5YN/A
PM growth 3Y-16.2%
PM growth 5YN/A
GM growth 3Y1.61%
GM growth 5Y2.32%
F-Score7
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.05 | ||
| Cap/Depr | 245.02% | ||
| Cap/Sales | 56.71% | ||
| Interest Coverage | 6.72 | ||
| Cash Conversion | 97.69% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 1.7 |
F-Score7
WACC8.33%
ROIC/WACC1.2
Cap/Depr(3y)123.96%
Cap/Depr(5y)128.72%
Cap/Sales(3y)37.2%
Cap/Sales(5y)37.79%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)366.67%
EPS 3Y16.55%
EPS 5YN/A
EPS Q2Q%450%
EPS Next Y168.45%
EPS Next 2Y120.11%
EPS Next 3Y64.89%
EPS Next 5Y24.82%
Revenue 1Y (TTM)27.24%
Revenue growth 3Y7.44%
Revenue growth 5Y7.95%
Sales Q2Q%41.34%
Revenue Next Year49.54%
Revenue Next 2Y48.87%
Revenue Next 3Y25.92%
Revenue Next 5Y16.67%
EBIT growth 1Y327.01%
EBIT growth 3Y10.12%
EBIT growth 5YN/A
EBIT Next Year415.73%
EBIT Next 3Y101.88%
EBIT Next 5Y38.55%
FCF growth 1Y-4.63%
FCF growth 3Y16.79%
FCF growth 5Y64.19%
OCF growth 1Y151.09%
OCF growth 3Y6.66%
OCF growth 5Y8.31%
NEW GOLD INC / NGD.CA FAQ
What is the ChartMill fundamental rating of NEW GOLD INC (NGD.CA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to NGD.CA.
What is the valuation status for NGD stock?
ChartMill assigns a valuation rating of 7 / 10 to NEW GOLD INC (NGD.CA). This can be considered as Undervalued.
What is the profitability of NGD stock?
NEW GOLD INC (NGD.CA) has a profitability rating of 7 / 10.
What is the earnings growth outlook for NEW GOLD INC?
The Earnings per Share (EPS) of NEW GOLD INC (NGD.CA) is expected to grow by 168.45% in the next year.