NEW GOLD INC (NGD.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NGD - CA6445351068 - Common Stock
10.36 CAD
+0.12 (+1.17%)
NGD gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 796 industry peers in the Metals & Mining industry. NGD has an excellent profitability rating, but there are concerns on its financial health. An interesting combination arises when we look at growth and value: NGD is growing strongly while it also seems undervalued.
1. Profitability
1.1 Basic Checks
In the past year NGD was profitable.
In the past year NGD had a positive cash flow from operations.
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's Return On Assets of 10.52% is amongst the best of the industry. NGD outperforms 92.59% of its industry peers.
NGD has a better Return On Equity (20.11%) than 95.23% of its industry peers.
The Return On Invested Capital of NGD (15.96%) is better than 97.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.52% | ||
| ROE | 20.11% | ||
| ROIC | 15.96% |
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
NGD has a Profit Margin of 20.07%. This is amongst the best in the industry. NGD outperforms 93.84% of its industry peers.
In the last couple of years the Profit Margin of NGD has declined.
NGD's Operating Margin of 36.13% is amongst the best of the industry. NGD outperforms 95.60% of its industry peers.
In the last couple of years the Operating Margin of NGD has grown nicely.
NGD has a Gross Margin of 86.65%. This is amongst the best in the industry. NGD outperforms 99.50% of its industry peers.
In the last couple of years the Gross Margin of NGD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.13% | ||
| PM (TTM) | 20.07% | ||
| GM | 86.65% |
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so NGD is creating value.
The number of shares outstanding for NGD has been increased compared to 1 year ago.
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
An Altman-Z score of 2.91 indicates that NGD is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.91, NGD perfoms like the industry average, outperforming 52.01% of the companies in the same industry.
NGD has a debt to FCF ratio of 4.95. This is a neutral value as NGD would need 4.95 years to pay back of all of its debts.
The Debt to FCF ratio of NGD (4.95) is better than 90.08% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that NGD is not too dependend on debt financing.
The Debt to Equity ratio of NGD (0.32) is worse than 71.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 4.95 | ||
| Altman-Z | 2.91 |
ROIC/WACC1.86
WACC8.6%
2.3 Liquidity
A Current Ratio of 0.88 indicates that NGD may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.88, NGD is doing worse than 64.82% of the companies in the same industry.
NGD has a Quick Ratio of 0.88. This is a bad value and indicates that NGD is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.48, NGD is doing worse than 70.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.48 |
3. Growth
3.1 Past
NGD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 309.09%, which is quite impressive.
NGD shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.55% yearly.
The Revenue has grown by 44.19% in the past year. This is a very strong growth!
NGD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.95% yearly.
EPS 1Y (TTM)309.09%
EPS 3Y16.55%
EPS 5YN/A
EPS Q2Q%212.5%
Revenue 1Y (TTM)44.19%
Revenue growth 3Y7.44%
Revenue growth 5Y7.95%
Sales Q2Q%83.53%
3.2 Future
The Earnings Per Share is expected to grow by 32.56% on average over the next years. This is a very strong growth
Based on estimates for the next years, NGD will show a quite strong growth in Revenue. The Revenue will grow by 17.05% on average per year.
EPS Next Y200.64%
EPS Next 2Y151.16%
EPS Next 3Y80.16%
EPS Next 5Y32.56%
Revenue Next Year55.4%
Revenue Next 2Y57.47%
Revenue Next 3Y32.58%
Revenue Next 5Y17.05%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 16.19, NGD is valued correctly.
93.09% of the companies in the same industry are more expensive than NGD, based on the Price/Earnings ratio.
NGD is valuated rather cheaply when we compare the Price/Earnings ratio to 25.98, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 6.13, the valuation of NGD can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NGD indicates a rather cheap valuation: NGD is cheaper than 96.11% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.79, NGD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.19 | ||
| Fwd PE | 6.13 |
4.2 Price Multiples
94.60% of the companies in the same industry are more expensive than NGD, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, NGD is valued cheaper than 90.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 72.34 | ||
| EV/EBITDA | 8.7 |
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.
The decent profitability rating of NGD may justify a higher PE ratio.
A more expensive valuation may be justified as NGD's earnings are expected to grow with 80.16% in the coming years.
PEG (NY)0.08
PEG (5Y)N/A
EPS Next 2Y151.16%
EPS Next 3Y80.16%
5. Dividend
5.1 Amount
No dividends for NGD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:NGD (11/25/2025, 7:00:00 PM)
10.36
+0.12 (+1.17%)
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 Cap8.20B
Revenue(TTM)1.24B
Net Income(TTM)249.30M
Analysts78.46
Price Target10.9 (5.21%)
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)20.36%
Min EPS beat(2)4.72%
Max EPS beat(2)36%
EPS beat(4)4
Avg EPS beat(4)47.2%
Min EPS beat(4)4.72%
Max EPS beat(4)131.06%
EPS beat(8)7
Avg EPS beat(8)104.59%
EPS beat(12)10
Avg EPS beat(12)73.59%
EPS beat(16)11
Avg EPS beat(16)48.71%
Revenue beat(2)1
Avg Revenue beat(2)2.44%
Min Revenue beat(2)-4.85%
Max Revenue beat(2)9.74%
Revenue beat(4)2
Avg Revenue beat(4)6.7%
Min Revenue beat(4)-4.85%
Max Revenue beat(4)24.28%
Revenue beat(8)4
Avg Revenue beat(8)3.57%
Revenue beat(12)7
Avg Revenue beat(12)2.81%
Revenue beat(16)10
Avg Revenue beat(16)1.53%
PT rev (1m)31.72%
PT rev (3m)38.85%
EPS NQ rev (1m)6.8%
EPS NQ rev (3m)6.97%
EPS NY rev (1m)11.99%
EPS NY rev (3m)7.05%
Revenue NQ rev (1m)-0.28%
Revenue NQ rev (3m)1.48%
Revenue NY rev (1m)3.92%
Revenue NY rev (3m)4.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.19 | ||
| Fwd PE | 6.13 | ||
| P/S | 4.68 | ||
| P/FCF | 72.34 | ||
| P/OCF | 8.53 | ||
| P/B | 4.69 | ||
| P/tB | 4.69 | ||
| EV/EBITDA | 8.7 |
EPS(TTM)0.64
EY6.18%
EPS(NY)1.69
Fwd EY16.33%
FCF(TTM)0.14
FCFY1.38%
OCF(TTM)1.21
OCFY11.72%
SpS2.22
BVpS2.21
TBVpS2.21
PEG (NY)0.08
PEG (5Y)N/A
Graham Number5.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.52% | ||
| ROE | 20.11% | ||
| ROCE | 22.17% | ||
| ROIC | 15.96% | ||
| ROICexc | 17.01% | ||
| ROICexgc | 17.01% | ||
| OM | 36.13% | ||
| PM (TTM) | 20.07% | ||
| GM | 86.65% | ||
| FCFM | 6.46% |
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 Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 4.95 | ||
| Debt/EBITDA | 0.57 | ||
| Cap/Depr | 240.3% | ||
| Cap/Sales | 48.34% | ||
| Interest Coverage | 9.82 | ||
| Cash Conversion | 97.44% | ||
| Profit Quality | 32.21% | ||
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.48 | ||
| Altman-Z | 2.91 |
F-Score7
WACC8.6%
ROIC/WACC1.86
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)309.09%
EPS 3Y16.55%
EPS 5YN/A
EPS Q2Q%212.5%
EPS Next Y200.64%
EPS Next 2Y151.16%
EPS Next 3Y80.16%
EPS Next 5Y32.56%
Revenue 1Y (TTM)44.19%
Revenue growth 3Y7.44%
Revenue growth 5Y7.95%
Sales Q2Q%83.53%
Revenue Next Year55.4%
Revenue Next 2Y57.47%
Revenue Next 3Y32.58%
Revenue Next 5Y17.05%
EBIT growth 1Y325.4%
EBIT growth 3Y10.12%
EBIT growth 5YN/A
EBIT Next Year415.73%
EBIT Next 3Y101.88%
EBIT Next 5Y48.65%
FCF growth 1Y388.85%
FCF growth 3Y16.79%
FCF growth 5Y64.19%
OCF growth 1Y173.63%
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 6 / 10 to NGD.CA.
What is the valuation status for NGD stock?
ChartMill assigns a valuation rating of 9 / 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 200.64% in the next year.