NEW GOLD INC (NGD.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NGD - CA6445351068 - Common Stock
14.12 CAD
-0.12 (-0.84%)
Taking everything into account, NGD scores 6 out of 10 in our fundamental rating. NGD was compared to 813 industry peers in the Metals & Mining industry. While NGD has a great profitability rating, there are quite some 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.
- In multiple years NGD reported negative net income over the last 5 years.
- NGD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- NGD has a better Return On Assets (10.52%) than 93.73% of its industry peers.
- With an excellent Return On Equity value of 20.11%, NGD belongs to the best of the industry, outperforming 95.82% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 15.96%, NGD belongs to the best of the industry, outperforming 97.17% 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 has a better Profit Margin (20.07%) than 93.97% of its industry peers.
- NGD's Profit Margin has declined in the last couple of years.
- With an excellent Operating Margin value of 36.13%, NGD belongs to the best of the industry, outperforming 95.57% of the companies in the same industry.
- In the last couple of years the Operating Margin of NGD has grown nicely.
- NGD's Gross Margin of 86.65% is amongst the best of the industry. NGD outperforms 99.39% 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
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NGD is creating some value.
- NGD has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, NGD has more shares outstanding
- The debt/assets ratio for NGD is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 4.11 indicates that NGD is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 4.11, NGD is in line with its industry, outperforming 52.15% 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 91.02% 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: 69.62% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 4.95 | ||
| Altman-Z | 4.11 |
ROIC/WACC1.72
WACC9.27%
2.3 Liquidity
- A Current Ratio of 0.88 indicates that NGD may have some problems paying its short term obligations.
- NGD's Current ratio of 0.88 is on the low side compared to the rest of the industry. NGD is outperformed by 62.85% 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 Quick ratio of 0.48. This is in the lower half of the industry: NGD underperforms 68.88% of its industry peers.
| 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.
- 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 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
- The Earnings Per Share is expected to grow by 32.56% on average over the next years. This is a very strong growth
- The Revenue is expected to grow by 17.05% on average over the next years. This is quite good.
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
- The Price/Earnings ratio is 22.77, which indicates a rather expensive current valuation of NGD.
- Based on the Price/Earnings ratio, NGD is valued cheaply inside the industry as 92.62% of the companies are valued more expensively.
- NGD's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.54.
- The Price/Forward Earnings ratio is 8.72, which indicates a very decent valuation of NGD.
- NGD's Price/Forward Earnings ratio is rather cheap when compared to the industry. NGD is cheaper than 94.96% of the companies in the same industry.
- NGD is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.31, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.77 | ||
| Fwd PE | 8.72 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, NGD is valued cheaply inside the industry as 94.22% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, NGD is valued cheaply inside the industry as 91.39% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 100.31 | ||
| EV/EBITDA | 11.92 |
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.
- A more expensive valuation may be justified as NGD's earnings are expected to grow with 77.10% in the coming years.
PEG (NY)0.1
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 (1/14/2026, 7:00:00 PM)
14.12
-0.12 (-0.84%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)10-28 2025-10-28/amc
Earnings (Next)02-17 2026-02-17/amc
Inst Owners67.49%
Inst Owner ChangeN/A
Ins Owners3.76%
Ins Owner ChangeN/A
Market Cap11.18B
Revenue(TTM)1.24B
Net Income(TTM)249.30M
Analysts77.78
Price Target11.66 (-17.42%)
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)7.02%
PT rev (3m)40.96%
EPS NQ rev (1m)0%
EPS NQ rev (3m)10.58%
EPS NY rev (1m)0%
EPS NY rev (3m)22.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)9.47%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.77 | ||
| Fwd PE | 8.72 | ||
| P/S | 6.48 | ||
| P/FCF | 100.31 | ||
| P/OCF | 11.83 | ||
| P/B | 6.5 | ||
| P/tB | 6.5 | ||
| EV/EBITDA | 11.92 |
EPS(TTM)0.62
EY4.39%
EPS(NY)1.62
Fwd EY11.47%
FCF(TTM)0.14
FCFY1%
OCF(TTM)1.19
OCFY8.45%
SpS2.18
BVpS2.17
TBVpS2.17
PEG (NY)0.1
PEG (5Y)N/A
Graham Number5.51
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 | 4.11 |
F-Score7
WACC9.27%
ROIC/WACC1.72
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.
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.
Can you provide the profitability details for NEW GOLD INC?
NEW GOLD INC (NGD.CA) has a profitability rating of 7 / 10.
What are the PE and PB ratios of NEW GOLD INC (NGD.CA) stock?
The Price/Earnings (PE) ratio for NEW GOLD INC (NGD.CA) is 22.77 and the Price/Book (PB) ratio is 6.5.
How financially healthy is NEW GOLD INC?
The financial health rating of NEW GOLD INC (NGD.CA) is 3 / 10.