NEW GOLD INC (NGD.CA) Stock Fundamental Analysis

TSX:NGD • CA6445351068

15.11 CAD
+1.07 (+7.62%)
Last: Feb 13, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

NGD gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 807 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


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year NGD was profitable.
  • NGD had a positive operating cash flow in the past year.
  • In multiple years NGD reported negative net income over the last 5 years.
  • Each year in the past 5 years NGD 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

  • NGD has a better Return On Assets (10.52%) than 93.56% of its industry peers.
  • Looking at the Return On Equity, with a value of 20.11%, NGD belongs to the top of the industry, outperforming 95.79% 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 97.03% of the companies in the same industry.
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

  • With an excellent Profit Margin value of 20.07%, NGD belongs to the best of the industry, outperforming 93.80% of the companies in the same industry.
  • NGD's Profit Margin has declined in the last couple of years.
  • NGD's Operating Margin of 36.13% is amongst the best of the industry. NGD outperforms 95.54% of its industry peers.
  • NGD's Operating Margin has improved in the last couple of years.
  • NGD has a better Gross Margin (86.65%) than 99.38% of its industry peers.
  • 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

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

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.
  • The number of shares outstanding for NGD has been increased compared to 1 year ago.
  • NGD has more shares outstanding than it did 5 years ago.
  • NGD has a worse debt/assets ratio than last year.
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 4.49 indicates that NGD is not in any danger for bankruptcy at the moment.
  • NGD has a Altman-Z score of 4.49. This is comparable to the rest of the industry: NGD outperforms 52.04% of its industry peers.
  • 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.
  • Looking at the Debt to FCF ratio, with a value of 4.95, NGD belongs to the top of the industry, outperforming 90.95% of the companies in the same industry.
  • NGD has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.32, NGD is doing worse than 69.52% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 4.95
Altman-Z 4.49
ROIC/WACC1.55
WACC10.27%
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

  • 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.
  • NGD has a worse Current ratio (0.88) than 63.07% of its industry peers.
  • NGD has a Quick 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.
  • NGD has a Quick ratio of 0.48. This is in the lower half of the industry: NGD underperforms 69.14% 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

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

8

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 309.09% over the past year.
  • 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

  • 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 Y226.54%
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

  • 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.
  • The Revenue growth rate is accelerating: in the next years the growth will be better 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

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Find the best growth stocksShow best growing peers

8

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 24.77, which indicates a rather expensive current valuation of NGD.
  • NGD's Price/Earnings ratio is rather cheap when compared to the industry. NGD is cheaper than 92.07% of the companies in the same industry.
  • NGD's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.68.
  • NGD is valuated reasonably with a Price/Forward Earnings ratio of 9.50.
  • 94.67% of the companies in the same industry are more expensive than NGD, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.06, NGD is valued rather cheaply.
Industry RankSector Rank
PE 24.77
Fwd PE 9.5
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 94.42% of the companies are valued more expensively.
  • 91.33% of the companies in the same industry are more expensive than NGD, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 109.35
EV/EBITDA 12.96
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

  • 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 77.10% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.11
PEG (5Y)N/A
EPS Next 2Y147.86%
EPS Next 3Y77.1%

More info and screens

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

0

5. Dividend

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

NEW GOLD INC

TSX:NGD (2/13/2026, 7:00:00 PM)

15.11

+1.07 (+7.62%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-12
Earnings (Next)04-27
Inst Owners67.49%
Inst Owner ChangeN/A
Ins Owners3.76%
Ins Owner ChangeN/A
Market Cap11.96B
Revenue(TTM)1.24B
Net Income(TTM)249.30M
Analysts77.78
Price Target12.72 (-15.82%)
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)9.11%
PT rev (3m)28.88%
EPS NQ rev (1m)-6.96%
EPS NQ rev (3m)-18.22%
EPS NY rev (1m)-0.46%
EPS NY rev (3m)8.62%
Revenue NQ rev (1m)-7.14%
Revenue NQ rev (3m)-0.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.88%
Valuation
Industry RankSector Rank
PE 24.77
Fwd PE 9.5
P/S 7.07
P/FCF 109.35
P/OCF 12.9
P/B 7.08
P/tB 7.08
EV/EBITDA 12.96
EPS(TTM)0.61
EY4.04%
EPS(NY)1.59
Fwd EY10.52%
FCF(TTM)0.14
FCFY0.91%
OCF(TTM)1.17
OCFY7.75%
SpS2.14
BVpS2.13
TBVpS2.13
PEG (NY)0.11
PEG (5Y)N/A
Graham Number5.41
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 4.49
F-Score7
WACC10.27%
ROIC/WACC1.55
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 Y226.54%
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 24.77 and the Price/Book (PB) ratio is 7.08.


How financially healthy is NEW GOLD INC?

The financial health rating of NEW GOLD INC (NGD.CA) is 3 / 10.