NEW GOLD INC (NGD.CA) Stock Fundamental Analysis
TSX:NGD - Toronto Stock Exchange - CA6445351068 - Common Stock - Currency: CAD
NGD gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 808 industry peers in the Metals & Mining industry. NGD has an excellent profitability rating, but there are some minor concerns on its financial health. NGD has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination!
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.
Each year in the past 5 years NGD had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 6.11%, NGD belongs to the best of the industry, outperforming 90.72% of the companies in the same industry.
NGD has a Return On Equity of 12.52%. This is amongst the best in the industry. NGD outperforms 92.70% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.26%, NGD belongs to the top of the industry, outperforming 92.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.11% | ||
| ROE | 12.52% | ||
| ROIC | 7.26% |
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
With an excellent Profit Margin value of 13.74%, NGD belongs to the best of the industry, outperforming 93.07% of the companies in the same industry.
In the last couple of years the Profit Margin of NGD has declined.
With an excellent Operating Margin value of 20.45%, NGD belongs to the best of the industry, outperforming 92.57% of the companies in the same industry.
In the last couple of years the Operating Margin of NGD has grown nicely.
With an excellent Gross Margin value of 80.58%, NGD belongs to the best of the industry, outperforming 99.13% of the companies in the same industry.
NGD's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.45% | ||
| PM (TTM) | 13.74% | ||
| GM | 80.58% |
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) below the Cost of Capital (WACC), NGD is destroying value.
NGD has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, NGD has more shares outstanding
NGD has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.33, we must say that NGD is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.33, NGD is in line with its industry, outperforming 51.98% of the companies in the same industry.
NGD has a debt to FCF ratio of 3.18. This is a good value and a sign of high solvency as NGD would need 3.18 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 3.18, NGD belongs to the best of the industry, outperforming 91.96% of the companies in the same industry.
A Debt/Equity ratio of 0.49 indicates that NGD is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.49, NGD is not doing good in the industry: 73.02% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 3.18 | ||
| Altman-Z | 1.33 |
ROIC/WACC0.91
WACC8.01%
2.3 Liquidity
NGD has a Current Ratio of 1.68. This is a normal value and indicates that NGD is financially healthy and should not expect problems in meeting its short term obligations.
NGD has a Current ratio (1.68) which is in line with its industry peers.
NGD has a Quick Ratio of 1.16. This is a normal value and indicates that NGD is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of NGD (1.16) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.68 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
NGD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 216.67%, which is quite impressive.
Measured over the past years, NGD shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.55% on average per year.
The Revenue has grown by 21.17% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 7.95% on average over the past years.
EPS 1Y (TTM)216.67%
EPS 3Y16.55%
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)21.17%
Revenue growth 3Y7.44%
Revenue growth 5Y7.95%
Sales Q2Q%8.85%
3.2 Future
The Earnings Per Share is expected to grow by 44.49% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 12.73% on average over the next years. This is quite good.
EPS Next Y103.33%
EPS Next 2Y90.12%
EPS Next 3Y50.66%
EPS Next 5Y44.49%
Revenue Next Year36.74%
Revenue Next 2Y39.44%
Revenue Next 3Y22.65%
Revenue Next 5Y12.73%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 26.04, which means the current valuation is very expensive for NGD.
Based on the Price/Earnings ratio, NGD is valued cheaply inside the industry as 89.23% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.15, NGD is valued at the same level.
A Price/Forward Earnings ratio of 7.22 indicates a rather cheap valuation of NGD.
Based on the Price/Forward Earnings ratio, NGD is valued cheaply inside the industry as 94.18% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of NGD to the average of the S&P500 Index (21.60), we can say NGD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.04 | ||
| Fwd PE | 7.22 |
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 92.45% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NGD indicates a rather cheap valuation: NGD is cheaper than 92.82% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.47 | ||
| EV/EBITDA | 9.34 |
4.3 Compensation for Growth
NGD's 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.
NGD's earnings are expected to grow with 50.66% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.25
PEG (5Y)N/A
EPS Next 2Y90.12%
EPS Next 3Y50.66%
5. Dividend
5.1 Amount
No dividends for NGD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:NGD (6/30/2025, 7:00:00 PM)
6.77
+0.24 (+3.68%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners64.48%
Inst Owner ChangeN/A
Ins Owners3.76%
Ins Owner ChangeN/A
Market Cap5.36B
Analysts78.46
Price Target4.89 (-27.77%)
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)74.05%
Min EPS beat(2)17.03%
Max EPS beat(2)131.06%
EPS beat(4)4
Avg EPS beat(4)63.35%
Min EPS beat(4)13.15%
Max EPS beat(4)131.06%
EPS beat(8)7
Avg EPS beat(8)102.23%
EPS beat(12)9
Avg EPS beat(12)62.01%
EPS beat(16)11
Avg EPS beat(16)51.21%
Revenue beat(2)1
Avg Revenue beat(2)10.96%
Min Revenue beat(2)-2.37%
Max Revenue beat(2)24.28%
Revenue beat(4)2
Avg Revenue beat(4)5.21%
Min Revenue beat(4)-2.37%
Max Revenue beat(4)24.28%
Revenue beat(8)5
Avg Revenue beat(8)3.19%
Revenue beat(12)7
Avg Revenue beat(12)1.09%
Revenue beat(16)10
Avg Revenue beat(16)0.85%
PT rev (1m)-19.26%
PT rev (3m)-4.05%
EPS NQ rev (1m)0%
EPS NQ rev (3m)23.33%
EPS NY rev (1m)0%
EPS NY rev (3m)15.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)12.73%
Revenue NY rev (1m)0%
Revenue NY rev (3m)10.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.04 | ||
| Fwd PE | 7.22 | ||
| P/S | 4.17 | ||
| P/FCF | 24.47 | ||
| P/OCF | 8.81 | ||
| P/B | 3.8 | ||
| P/tB | 3.8 | ||
| EV/EBITDA | 9.34 |
EPS(TTM)0.26
EY3.84%
EPS(NY)0.94
Fwd EY13.85%
FCF(TTM)0.28
FCFY4.09%
OCF(TTM)0.77
OCFY11.35%
SpS1.62
BVpS1.78
TBVpS1.78
PEG (NY)0.25
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.11% | ||
| ROE | 12.52% | ||
| ROCE | 10.09% | ||
| ROIC | 7.26% | ||
| ROICexc | 8.21% | ||
| ROICexgc | 8.21% | ||
| OM | 20.45% | ||
| PM (TTM) | 13.74% | ||
| GM | 80.58% | ||
| FCFM | 17.04% |
ROA(3y)-0.23%
ROA(5y)0.29%
ROE(3y)-1.79%
ROE(5y)-0.14%
ROIC(3y)N/A
ROIC(5y)N/A
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 3Y11.53%
ROICexcg 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 Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 3.18 | ||
| Debt/EBITDA | 1.16 | ||
| Cap/Depr | 117.42% | ||
| Cap/Sales | 30.29% | ||
| Interest Coverage | 4.73 | ||
| Cash Conversion | 102.34% | ||
| Profit Quality | 123.96% | ||
| Current Ratio | 1.68 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 1.33 |
F-Score7
WACC8.01%
ROIC/WACC0.91
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)216.67%
EPS 3Y16.55%
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y103.33%
EPS Next 2Y90.12%
EPS Next 3Y50.66%
EPS Next 5Y44.49%
Revenue 1Y (TTM)21.17%
Revenue growth 3Y7.44%
Revenue growth 5Y7.95%
Sales Q2Q%8.85%
Revenue Next Year36.74%
Revenue Next 2Y39.44%
Revenue Next 3Y22.65%
Revenue Next 5Y12.73%
EBIT growth 1Y244.37%
EBIT growth 3Y10.12%
EBIT growth 5YN/A
EBIT Next Year336.51%
EBIT Next 3Y93.28%
EBIT Next 5Y56.11%
FCF growth 1Y265.53%
FCF growth 3Y16.79%
FCF growth 5Y64.19%
OCF growth 1Y142.83%
OCF growth 3Y6.66%
OCF growth 5Y8.31%