NEW GOLD INC (NGD.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NGD - CA6445351068 - Common Stock
11.96 CAD
-0.23 (-1.89%)
Overall NGD gets a fundamental rating of 6 out of 10. We evaluated NGD against 804 industry peers in the Metals & Mining industry. While NGD belongs to the best of the industry regarding profitability, there are concerns on its financial health. NGD is growing strongly while it also seems undervalued. This is an interesting combination
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.
In multiple years NGD reported negative net income over the last 5 years.
In the past 5 years NGD always reported a positive cash flow from operatings.
1.2 Ratios
NGD has a Return On Assets of 10.52%. This is amongst the best in the industry. NGD outperforms 92.91% of its industry peers.
NGD has a better Return On Equity (20.11%) than 95.52% of its industry peers.
Looking at the Return On Invested Capital, with a value of 15.96%, NGD belongs to the top of the industry, outperforming 97.01% 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 93.78% of its industry peers.
NGD's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 36.13%, NGD belongs to the top of the industry, outperforming 95.65% 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 99.38% of its industry peers.
NGD's Gross Margin has improved in the last couple of years.
| 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.
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 3.53 indicates that NGD is not in any danger for bankruptcy at the moment.
The Altman-Z score of NGD (3.53) is comparable to the rest of the 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 Debt to FCF ratio of 4.95. This is amongst the best in the industry. NGD outperforms 90.55% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that NGD is not too dependend on debt financing.
NGD's Debt to Equity ratio of 0.32 is on the low side compared to the rest of the industry. NGD is outperformed by 71.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 4.95 | ||
| Altman-Z | 3.53 |
ROIC/WACC1.7
WACC9.37%
2.3 Liquidity
NGD has a Current 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 Current ratio, with a value of 0.88, NGD is doing worse than 65.67% of the companies in the same industry.
A Quick Ratio of 0.48 indicates that NGD may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.48, NGD is doing worse than 71.64% of the companies in the same industry.
| 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%.
Measured over the past years, NGD shows a small growth in Revenue. The Revenue has been growing by 7.95% on average per year.
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
Based on estimates for the next years, NGD will show a very strong growth in Earnings Per Share. The EPS will grow by 32.56% on average per year.
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
A Price/Earnings ratio of 19.29 indicates a rather expensive valuation of NGD.
92.66% of the companies in the same industry are more expensive than NGD, based on the Price/Earnings ratio.
NGD's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.51.
NGD is valuated cheaply with a Price/Forward Earnings ratio of 7.48.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NGD indicates a rather cheap valuation: NGD is cheaper than 95.02% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of NGD to the average of the S&P500 Index (23.13), we can say NGD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.29 | ||
| Fwd PE | 7.48 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NGD is valued cheaply inside the industry as 94.28% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NGD indicates a rather cheap valuation: NGD is cheaper than 91.17% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 86.09 | ||
| EV/EBITDA | 10.37 |
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.
NGD has a very decent profitability rating, which 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)0.08
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 (12/31/2025, 7:00:00 PM)
11.96
-0.23 (-1.89%)
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 Cap9.47B
Revenue(TTM)1.24B
Net Income(TTM)249.30M
Analysts75.56
Price Target11.66 (-2.51%)
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)43.92%
EPS NQ rev (1m)3.37%
EPS NQ rev (3m)10.58%
EPS NY rev (1m)9.12%
EPS NY rev (3m)22.21%
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 | 19.29 | ||
| Fwd PE | 7.48 | ||
| P/S | 5.57 | ||
| P/FCF | 86.09 | ||
| P/OCF | 10.15 | ||
| P/B | 5.58 | ||
| P/tB | 5.58 | ||
| EV/EBITDA | 10.37 |
EPS(TTM)0.62
EY5.18%
EPS(NY)1.6
Fwd EY13.37%
FCF(TTM)0.14
FCFY1.16%
OCF(TTM)1.18
OCFY9.85%
SpS2.15
BVpS2.14
TBVpS2.14
PEG (NY)0.08
PEG (5Y)N/A
Graham Number5.47
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 | 3.53 |
F-Score7
WACC9.37%
ROIC/WACC1.7
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 9 / 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 19.29 and the Price/Book (PB) ratio is 5.58.
How financially healthy is NEW GOLD INC?
The financial health rating of NEW GOLD INC (NGD.CA) is 3 / 10.