NEW GOLD INC (NGD.CA) Fundamental Analysis & Valuation

TSX:NGD • CA6445351068

Current stock price

12.16 CAD
+0.39 (+3.31%)
Last:

This NGD.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. NGD.CA Profitability Analysis

1.1 Basic Checks

  • NGD had positive earnings in the past year.
  • 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.
  • Of the past 5 years NGD 4 years had a positive operating cash flow.
NGD.CA Yearly Net Income VS EBIT VS OCF VS FCFNGD.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -500M -1B

1.2 Ratios

  • The Return On Assets of NGD (10.52%) is better than 92.20% of its industry peers.
  • NGD has a better Return On Equity (20.11%) than 95.09% of its industry peers.
  • The Return On Invested Capital of NGD (15.96%) is better than 96.60% of its industry peers.
Industry RankSector 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
NGD.CA Yearly ROA, ROE, ROICNGD.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50 -100

1.3 Margins

  • NGD has a Profit Margin of 20.07%. This is amongst the best in the industry. NGD outperforms 93.33% 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 94.84% of its industry peers.
  • In the last couple of years the Operating Margin of NGD has grown nicely.
  • Looking at the Gross Margin, with a value of 86.65%, NGD belongs to the top of the industry, outperforming 99.37% of the companies in the same industry.
  • NGD's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
NGD.CA Yearly Profit, Operating, Gross MarginsNGD.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100 -150 -200

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. NGD.CA Health Analysis

2.1 Basic Checks

  • NGD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • There is no outstanding debt for NGD. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
NGD.CA Yearly Shares OutstandingNGD.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
NGD.CA Yearly Total Debt VS Total AssetsNGD.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.2 Solvency

  • An Altman-Z score of 3.50 indicates that NGD is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of NGD (3.50) is comparable to the rest of the 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.
  • NGD has a better Debt to FCF ratio (4.95) than 90.82% of its industry peers.
  • NGD has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
  • With a Debt to Equity ratio value of 0.32, NGD is not doing good in the industry: 70.06% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 4.95
Altman-Z 3.5
ROIC/WACC1.31
WACC12.16%
NGD.CA Yearly LT Debt VS Equity VS FCFNGD.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B

2.3 Liquidity

  • A Current Ratio of 0.88 indicates that NGD may have some problems paying its short term obligations.
  • NGD has a worse Current ratio (0.88) than 65.28% of its industry peers.
  • A Quick Ratio of 0.48 indicates that NGD may have some problems paying its short term obligations.
  • NGD's Quick ratio of 0.48 is on the low side compared to the rest of the industry. NGD is outperformed by 71.19% of its industry peers.
Industry RankSector Rank
Current Ratio 0.88
Quick Ratio 0.48
NGD.CA Yearly Current Assets VS Current LiabilitesNGD.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. NGD.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 273.68% over the past year.
  • Measured over the past years, NGD shows a very strong growth in Earnings Per Share. The EPS has been growing by 88.29% on average per year.
EPS 1Y (TTM)273.68%
EPS 3YN/A
EPS 5Y88.29%
EPS Q2Q%371.43%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%89.21%

3.2 Future

  • NGD is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.30% yearly.
  • The Revenue is expected to grow by 5.73% on average over the next years.
EPS Next Y82.69%
EPS Next 2Y28.57%
EPS Next 3Y8.58%
EPS Next 5Y2.3%
Revenue Next Year66.02%
Revenue Next 2Y23.39%
Revenue Next 3Y5.73%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
NGD.CA Yearly Revenue VS EstimatesNGD.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B 2B
NGD.CA Yearly EPS VS EstimatesNGD.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 0.2 0.4 0.6 0.8 1

More info and screens

Find the best growth stocksShow best growing peers

8

4. NGD.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 12.28, which indicates a correct valuation of NGD.
  • Based on the Price/Earnings ratio, NGD is valued cheaply inside the industry as 95.09% of the companies are valued more expensively.
  • NGD's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.78.
  • NGD is valuated cheaply with a Price/Forward Earnings ratio of 6.74.
  • Based on the Price/Forward Earnings ratio, NGD is valued cheaply inside the industry as 95.60% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of NGD to the average of the S&P500 Index (23.54), we can say NGD is valued rather cheaply.
Industry RankSector Rank
PE 12.28
Fwd PE 6.74
NGD.CA Price Earnings VS Forward Price EarningsNGD.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, NGD is valued cheaply inside the industry as 93.96% of the companies are valued more expensively.
  • NGD's Price/Free Cash Flow ratio is rather cheap when compared to the industry. NGD is cheaper than 91.07% of the companies in the same industry.
Industry RankSector Rank
P/FCF 86.2
EV/EBITDA 10.3
NGD.CA Per share dataNGD.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.5 1 1.5 2

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.
PEG (NY)0.15
PEG (5Y)0.14
EPS Next 2Y28.57%
EPS Next 3Y8.58%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. NGD.CA Dividend Analysis

5.1 Amount

  • NGD does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

NGD.CA Fundamentals: All Metrics, Ratios and Statistics

NEW GOLD INC

TSX:NGD (3/23/2026, 7:00:00 PM)

12.16

+0.39 (+3.31%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)03-20
Earnings (Next)04-27
Inst Owners70.15%
Inst Owner ChangeN/A
Ins Owners3.76%
Ins Owner ChangeN/A
Market Cap9.63B
Revenue(TTM)N/A
Net Income(TTM)249.30M
Analysts78
Price Target11.06 (-9.05%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)-16.44%
PT rev (3m)-5.17%
EPS NQ rev (1m)16.82%
EPS NQ rev (3m)8.7%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.62%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.67%
Valuation
Industry RankSector Rank
PE 12.28
Fwd PE 6.74
P/S 5.57
P/FCF 86.2
P/OCF 10.17
P/B 5.58
P/tB 5.58
EV/EBITDA 10.3
EPS(TTM)0.99
EY8.14%
EPS(NY)1.8
Fwd EY14.84%
FCF(TTM)0.14
FCFY1.16%
OCF(TTM)1.2
OCFY9.84%
SpS2.18
BVpS2.18
TBVpS2.18
PEG (NY)0.15
PEG (5Y)0.14
Graham Number6.96
Profitability
Industry RankSector 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 RankSector 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 3.5
F-Score7
WACC12.16%
ROIC/WACC1.31
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)273.68%
EPS 3YN/A
EPS 5Y88.29%
EPS Q2Q%371.43%
EPS Next Y82.69%
EPS Next 2Y28.57%
EPS Next 3Y8.58%
EPS Next 5Y2.3%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%89.21%
Revenue Next Year66.02%
Revenue Next 2Y23.39%
Revenue Next 3Y5.73%
Revenue Next 5YN/A
EBIT growth 1Y325.4%
EBIT growth 3Y10.12%
EBIT growth 5YN/A
EBIT Next Year452.23%
EBIT Next 3Y121.53%
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 Fundamental Analysis 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.


Can you provide the valuation status for NEW GOLD INC?

ChartMill assigns a valuation rating of 8 / 10 to NEW GOLD INC (NGD.CA). This can be considered as Undervalued.


How profitable is NEW GOLD INC (NGD.CA) stock?

NEW GOLD INC (NGD.CA) has a profitability rating of 7 / 10.


How financially healthy is NEW GOLD INC?

The financial health rating of NEW GOLD INC (NGD.CA) is 4 / 10.


What is the expected EPS growth for NEW GOLD INC (NGD.CA) stock?

The Earnings per Share (EPS) of NEW GOLD INC (NGD.CA) is expected to grow by 82.69% in the next year.