NEW GOLD INC (NGD) Fundamental Analysis & Valuation

NYSEARCA:NGD • CA6445351068

Current stock price

9.08 USD
-0.39 (-4.12%)
At close:
9.03 USD
-0.05 (-0.55%)
Pre-Market:

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

7

1. NGD Profitability Analysis

1.1 Basic Checks

  • In the past year NGD was profitable.
  • 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 4 of the past 5 years.
NGD Yearly Net Income VS EBIT VS OCF VS FCFNGD 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 84.91% of its industry peers.
  • NGD has a Return On Equity of 20.11%. This is amongst the best in the industry. NGD outperforms 90.57% of its industry peers.
  • NGD has a Return On Invested Capital of 17.52%. This is amongst the best in the industry. NGD outperforms 89.31% of its industry peers.
Industry RankSector Rank
ROA 10.52%
ROE 20.11%
ROIC 17.52%
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 Yearly ROA, ROE, ROICNGD Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50 -100

1.3 Margins

  • NGD's Profit Margin of 20.07% is amongst the best of the industry. NGD outperforms 81.76% of its industry peers.
  • 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 81.76% of its industry peers.
  • NGD's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 86.65%, NGD belongs to the top of the industry, outperforming 100.00% 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 Yearly Profit, Operating, Gross MarginsNGD 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

3

2. NGD Health Analysis

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 no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
NGD Yearly Shares OutstandingNGD Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
NGD Yearly Total Debt VS Total AssetsNGD 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 3.65 indicates that NGD is not in any danger for bankruptcy at the moment.
  • With a Altman-Z score value of 3.65, NGD perfoms like the industry average, outperforming 55.35% of the companies in the same 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.
  • Looking at the Debt to FCF ratio, with a value of 4.95, NGD is in the better half of the industry, outperforming 69.18% 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.
  • The Debt to Equity ratio of NGD (0.32) is worse than 61.64% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 4.95
Altman-Z 3.65
ROIC/WACC1.52
WACC11.49%
NGD Yearly LT Debt VS Equity VS FCFNGD 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.
  • The Current ratio of NGD (0.88) is worse than 86.79% 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 89.31% of its industry peers.
Industry RankSector Rank
Current Ratio 0.88
Quick Ratio 0.48
NGD Yearly Current Assets VS Current LiabilitesNGD 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 Growth Analysis

3.1 Past

  • NGD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 273.68%, which is quite impressive.
  • The Earnings Per Share has been growing by 88.29% on average over the past years. This is a very strong growth
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

  • The Earnings Per Share is expected to grow by 2.30% on average over the next years.
  • Based on estimates for the next years, NGD will show a small growth in Revenue. The Revenue will grow by 5.73% on average per year.
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 Yearly Revenue VS EstimatesNGD 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 Yearly EPS VS EstimatesNGD 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

7

4. NGD Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 12.79, which indicates a correct valuation of NGD.
  • Based on the Price/Earnings ratio, NGD is valued a bit cheaper than the industry average as 76.10% of the companies are valued more expensively.
  • NGD is valuated cheaply when we compare the Price/Earnings ratio to 25.60, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 7.00, which indicates a rather cheap valuation of NGD.
  • 88.05% of the companies in the same industry are more expensive than NGD, based on the Price/Forward Earnings ratio.
  • NGD's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.84.
Industry RankSector Rank
PE 12.79
Fwd PE 7
NGD Price Earnings VS Forward Price EarningsNGD Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 71.70% of the companies in the same industry are more expensive than NGD, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, NGD is valued a bit cheaper than the industry average as 64.78% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 89.53
EV/EBITDA 10.68
NGD Per share dataNGD EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.5 1 1.5

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.
  • NGD has a very decent profitability rating, which 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 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 Fundamentals: All Metrics, Ratios and Statistics

NEW GOLD INC

NYSEARCA:NGD (3/19/2026, 8:19:18 PM)

Premarket: 9.03 -0.05 (-0.55%)

9.08

-0.39 (-4.12%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)03-20
Earnings (Next)04-27
Inst Owners70.15%
Inst Owner Change13.36%
Ins Owners3.76%
Ins Owner ChangeN/A
Market Cap7.19B
Revenue(TTM)N/A
Net Income(TTM)249.30M
Analysts78
Price Target9.66 (6.39%)
Short Float %1.27%
Short Ratio0.52
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)0%
PT rev (3m)15.01%
EPS NQ rev (1m)16.82%
EPS NQ rev (3m)8.7%
EPS NY rev (1m)-1.16%
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 12.79
Fwd PE 7
P/S 5.79
P/FCF 89.53
P/OCF 10.56
P/B 5.8
P/tB 5.8
EV/EBITDA 10.68
EPS(TTM)0.71
EY7.82%
EPS(NY)1.3
Fwd EY14.29%
FCF(TTM)0.1
FCFY1.12%
OCF(TTM)0.86
OCFY9.47%
SpS1.57
BVpS1.57
TBVpS1.57
PEG (NY)0.15
PEG (5Y)0.14
Graham Number5
Profitability
Industry RankSector Rank
ROA 10.52%
ROE 20.11%
ROCE 22.17%
ROIC 17.52%
ROICexc 18.66%
ROICexgc 18.66%
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 3.65
F-Score7
WACC11.49%
ROIC/WACC1.52
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 Fundamental Analysis FAQ

What is the ChartMill fundamental rating of NEW GOLD INC (NGD) stock?

ChartMill assigns a fundamental rating of 6 / 10 to NGD.


Can you provide the valuation status for NEW GOLD INC?

ChartMill assigns a valuation rating of 7 / 10 to NEW GOLD INC (NGD). This can be considered as Undervalued.


How profitable is NEW GOLD INC (NGD) stock?

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


How financially healthy is NEW GOLD INC?

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


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

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