NEW GOLD INC (NGD.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NGD - CA6445351068 - Common Stock
12.25 CAD
+0.78 (+6.8%)
NGD gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 814 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
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.
NGD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of NGD (10.52%) is better than 92.81% of its industry peers.
The Return On Equity of NGD (20.11%) is better than 95.42% of its industry peers.
With an excellent Return On Invested Capital value of 15.96%, NGD belongs to the best of the industry, outperforming 96.90% of the companies in the same industry.
| 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's Profit Margin of 20.07% is amongst the best of the industry. NGD outperforms 93.80% of its industry peers.
In the last couple of years the Profit Margin of NGD has declined.
Looking at the Operating Margin, with a value of 36.13%, NGD belongs to the top of the industry, outperforming 95.54% of the companies in the same industry.
NGD's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 86.65%, NGD belongs to the best of the industry, outperforming 99.38% of the companies in the same industry.
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 just above the Cost of Capital (WACC), so NGD is still creating some value.
NGD has more shares outstanding than it did 1 year ago.
NGD has more shares outstanding than it did 5 years ago.
NGD has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.56 indicates that NGD is not in any danger for bankruptcy at the moment.
With a Altman-Z score value of 3.56, NGD perfoms like the industry average, outperforming 51.67% of the companies in the same industry.
The Debt to FCF ratio of NGD is 4.95, which is a neutral value as it means it would take NGD, 4.95 years of fcf income to pay off all of its debts.
NGD has a better Debt to FCF ratio (4.95) than 90.83% 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.
NGD has a worse Debt to Equity ratio (0.32) than 71.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 4.95 | ||
| Altman-Z | 3.56 |
ROIC/WACC1.73
WACC9.22%
2.3 Liquidity
A Current Ratio of 0.88 indicates that NGD may have some problems paying its short term obligations.
The Current ratio of NGD (0.88) is worse than 65.30% of its industry peers.
A Quick Ratio of 0.48 indicates that NGD may have some problems paying its short term obligations.
NGD has a worse Quick ratio (0.48) than 71.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.48 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 309.09% over the past year.
NGD shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.55% yearly.
NGD shows a strong growth in Revenue. In the last year, the Revenue has grown by 44.19%.
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
NGD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.56% yearly.
NGD is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.05% yearly.
EPS Next Y228.06%
EPS Next 2Y147.86%
EPS Next 3Y77.1%
EPS Next 5Y32.56%
Revenue Next Year59.88%
Revenue Next 2Y58.66%
Revenue Next 3Y32.94%
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
NGD is valuated rather expensively with a Price/Earnings ratio of 19.76.
Based on the Price/Earnings ratio, NGD is valued cheaper than 92.19% of the companies in the same industry.
When comparing the Price/Earnings ratio of NGD to the average of the S&P500 Index (26.39), we can say NGD is valued slightly cheaper.
The Price/Forward Earnings ratio is 7.61, which indicates a rather cheap valuation of NGD.
Based on the Price/Forward Earnings ratio, NGD is valued cheaply inside the industry as 95.17% of the companies are valued more expensively.
NGD's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.76 | ||
| Fwd PE | 7.61 |
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 94.05% 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 91.45% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 87.56 | ||
| EV/EBITDA | 10.45 |
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.
NGD's earnings are expected to grow with 77.10% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.09
PEG (5Y)N/A
EPS Next 2Y147.86%
EPS Next 3Y77.1%
5. Dividend
5.1 Amount
NGD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX:NGD (12/19/2025, 7:00:00 PM)
12.25
+0.78 (+6.8%)
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 Cap9.70B
Revenue(TTM)1.24B
Net Income(TTM)249.30M
Analysts75.56
Price Target10.9 (-11.02%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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)10.37%
PT rev (3m)34.48%
EPS NQ rev (1m)3.37%
EPS NQ rev (3m)10.58%
EPS NY rev (1m)9.12%
EPS NY rev (3m)16.81%
Revenue NQ rev (1m)7.87%
Revenue NQ rev (3m)9.47%
Revenue NY rev (1m)2.88%
Revenue NY rev (3m)7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.76 | ||
| Fwd PE | 7.61 | ||
| P/S | 5.66 | ||
| P/FCF | 87.56 | ||
| P/OCF | 10.33 | ||
| P/B | 5.67 | ||
| P/tB | 5.67 | ||
| EV/EBITDA | 10.45 |
EPS(TTM)0.62
EY5.06%
EPS(NY)1.61
Fwd EY13.14%
FCF(TTM)0.14
FCFY1.14%
OCF(TTM)1.19
OCFY9.68%
SpS2.16
BVpS2.16
TBVpS2.16
PEG (NY)0.09
PEG (5Y)N/A
Graham Number5.49
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 | 3.56 |
F-Score7
WACC9.22%
ROIC/WACC1.73
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 Y228.06%
EPS Next 2Y147.86%
EPS Next 3Y77.1%
EPS Next 5Y32.56%
Revenue 1Y (TTM)44.19%
Revenue growth 3Y7.44%
Revenue growth 5Y7.95%
Sales Q2Q%83.53%
Revenue Next Year59.88%
Revenue Next 2Y58.66%
Revenue Next 3Y32.94%
Revenue Next 5Y17.05%
EBIT growth 1Y325.4%
EBIT growth 3Y10.12%
EBIT growth 5YN/A
EBIT Next Year455.63%
EBIT Next 3Y115.33%
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 228.06% in the next year.